YCGEX vs. FGRTX

Last updated Jun 4, 2026

YCGEX (YCG Enhanced Fund) and FGRTX (Fidelity Mega Cap Stock Fund) are both Large Cap Blend Equities funds. Over the past 10 years, YCGEX returned 10.76%/yr vs 16.48%/yr for FGRTX. Their correlation of 0.81 suggests significant overlap in exposure. YCGEX charges 1.19%/yr vs 0.61%/yr for FGRTX.

Performance

YCGEX vs. FGRTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YCG Enhanced Fund (YCGEX) and Fidelity Mega Cap Stock Fund (FGRTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YCGEX achieves a -8.56% return, which is significantly lower than FGRTX's 10.50% return. Over the past 10 years, YCGEX has underperformed FGRTX with an annualized return of 10.76%, while FGRTX has yielded a comparatively higher 16.48% annualized return.

YCGEX

• 1D: -1.61%
• 1M: 0.21%
• YTD: -8.56%
• 6M: -7.78%
• 1Y: -9.06%
• 3Y*: 5.78%
• 5Y*: 4.15%
• 10Y*: 10.76%

FGRTX

• 1D: -0.32%
• 1M: 3.41%
• YTD: 10.50%
• 6M: 12.42%
• 1Y: 31.38%
• 3Y*: 25.59%
• 5Y*: 16.32%
• 10Y*: 16.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

YCGEX vs. FGRTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YCGEX YCG Enhanced Fund	-8.56%	4.14%	11.99%	30.15%	-22.38%	27.32%	17.27%	41.20%	-3.25%	22.81%
FGRTX Fidelity Mega Cap Stock Fund	10.50%	26.92%	25.98%	26.51%	-8.98%	26.29%	12.96%	31.07%	-7.44%	16.98%

Correlation

The correlation between YCGEX and FGRTX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.81

Over the past year, the correlation between YCGEX and FGRTX has dropped to 0.47 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Return for Risk

YCGEX vs. FGRTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YCGEX

YCGEX Risk / Return Rank: 1
YCGEX Sharpe Ratio Rank: 1
YCGEX Sortino Ratio Rank: 1
YCGEX Omega Ratio Rank: 1
YCGEX Calmar Ratio Rank: 1
YCGEX Martin Ratio Rank: 0

FGRTX

FGRTX Risk / Return Rank: 80
FGRTX Sharpe Ratio Rank: 84
FGRTX Sortino Ratio Rank: 78
FGRTX Omega Ratio Rank: 75
FGRTX Calmar Ratio Rank: 79
FGRTX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YCGEX vs. FGRTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YCG Enhanced Fund (YCGEX) and Fidelity Mega Cap Stock Fund (FGRTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	YCGEX	FGRTX	Difference
Sharpe ratio: Return per unit of total volatility	-0.75	2.70	-3.45
Sortino ratio: Return per unit of downside risk	-0.95	3.70	-4.65
Omega ratio: Gain probability vs. loss probability	0.89	1.49	-0.61
Calmar ratio: Return relative to maximum drawdown	-0.60	3.59	-4.19
Martin ratio: Return relative to average drawdown	-1.52	16.31	-17.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YCGEX vs. FGRTX - Sharpe Ratio Comparison

The current YCGEX Sharpe Ratio is -0.75, which is lower than the FGRTX Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of YCGEX and FGRTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YCGEX	FGRTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.75	2.70	-3.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.98	-0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.91	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.48	+0.19

Drawdowns

YCGEX vs. FGRTX - Drawdown Comparison

The maximum YCGEX drawdown since its inception was -35.90%, smaller than the maximum FGRTX drawdown of -56.17%. Use the drawdown chart below to compare losses from any high point for YCGEX and FGRTX.

Drawdown Indicators

	YCGEX	FGRTX	Difference
Max Drawdown Largest peak-to-trough decline	-35.90%	-56.17%	+20.27%
Max Drawdown (1Y) Largest decline over 1 year	-15.35%	-8.99%	-6.36%
Max Drawdown (3Y) Largest decline over 3 years	-15.96%	-18.51%	+2.55%
Max Drawdown (5Y) Largest decline over 5 years	-30.75%	-23.35%	-7.40%
Max Drawdown (10Y) Largest decline over 10 years	-35.90%	-35.18%	-0.72%
Current Drawdown Current decline from peak	-10.92%	-0.32%	-10.60%
Average Drawdown Average peak-to-trough decline	-4.52%	-8.72%	+4.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.01%	1.98%	+4.03%

Volatility

YCGEX vs. FGRTX - Volatility Comparison

YCG Enhanced Fund (YCGEX) has a higher volatility of 3.65% compared to Fidelity Mega Cap Stock Fund (FGRTX) at 2.71%. This indicates that YCGEX's price experiences larger fluctuations and is considered to be riskier than FGRTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YCGEX	FGRTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	2.71%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	9.06%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	12.12%	11.98%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.16%	16.70%	+0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.96%	18.12%	-0.16%

YCGEX vs. FGRTX - Expense Ratio Comparison

YCGEX has a 1.19% expense ratio, which is higher than FGRTX's 0.61% expense ratio.

Dividends

YCGEX vs. FGRTX - Dividend Comparison

YCGEX's dividend yield for the trailing twelve months is around 5.38%, more than FGRTX's 3.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGRTX Fidelity Mega Cap Stock Fund	3.52%	3.89%	2.68%	2.06%	4.38%	4.79%	7.96%	12.98%	21.72%	15.57%	1.97%	4.16%
YCGEX YCG Enhanced Fund	5.38%	4.92%	4.31%	1.96%	0.00%	9.49%	0.00%	0.56%	3.53%	3.66%	3.38%	2.13%

Frequently Asked Questions

Can I hold both YCGEX and FGRTX in my portfolio?

YCGEX and FGRTX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YCGEX or FGRTX?

YCGEX has higher volatility (3.65%) compared to FGRTX (2.71%). In terms of maximum drawdown, YCGEX dropped -35.90% vs FGRTX's -56.17%.

Which has better risk-adjusted returns?

FGRTX currently has the higher Sharpe Ratio (2.70 vs -0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.