ZVGNX vs. FUMIX

Last updated Aug 1, 2026

ZVGNX (Zevenbergen Genea Fund) and FUMIX (Fidelity SAI U.S. Momentum Index Fund) are both Large Cap Growth Equities funds. Their 0.73 correlation means they have sometimes moved together and sometimes differently. ZVGNX charges 1.30%/yr vs 0.11%/yr for FUMIX.

Performance

ZVGNX vs. FUMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zevenbergen Genea Fund (ZVGNX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZVGNX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FUMIX

• 1D: 4.41%
• 1M: -3.93%
• 6M: 18.40%
• YTD: 20.70%
• 1Y: 26.41%
• 3Y*: 27.49%
• 5Y*: 14.32%
• 10Y*: —
• ALL TIME*: 16.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FUMIX Fidelity SAI U.S. Momentum Index Fund	$0.00	$0.00	$0.00

ZVGNX vs. FUMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZVGNX Zevenbergen Genea Fund	1.12%	15.60%	34.37%	71.41%	-58.89%	-4.33%	144.29%	28.33%	10.78%	34.53%
FUMIX Fidelity SAI U.S. Momentum Index Fund	20.70%	17.01%	33.39%	14.67%	-15.79%	22.56%	29.92%	24.16%	-1.41%	22.71%

Correlation

The correlation between ZVGNX and FUMIX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017	0.73

The correlation between ZVGNX and FUMIX shifts across timeframes, from 0.55 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ZVGNX vs. FUMIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ZVGNX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FUMIX

FUMIX Risk / Return Rank: 49
FUMIX Sharpe Ratio Rank: 41
FUMIX Sortino Ratio Rank: 41
FUMIX Omega Ratio Rank: 41
FUMIX Calmar Ratio Rank: 56
FUMIX Martin Ratio Rank: 63

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ZVGNX vs. FUMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zevenbergen Genea Fund (ZVGNX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ZVGNX	FUMIX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.18	—
Sortino ratio: Return per unit of downside risk	—	1.71	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.92	—
Martin ratio: Return relative to average drawdown	—	7.85	—

Drawdowns

Drawdown Indicators

	ZVGNX	FUMIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.36%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.87%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.66%	—
Current Drawdown Current decline from peak	—	-9.03%	—
Average Drawdown Average peak-to-trough decline	—	-6.28%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.14%	—

Volatility

Volatility by Period

	ZVGNX	FUMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.08%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.82%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.99%	—

ZVGNX vs. FUMIX - Expense Ratio Comparison

ZVGNX has a 1.30% expense ratio, which is higher than FUMIX's 0.11% expense ratio.

Dividends

ZVGNX vs. FUMIX - Dividend Comparison

ZVGNX has not paid dividends to shareholders, while FUMIX's dividend yield for the trailing twelve months is around 2.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUMIX Fidelity SAI U.S. Momentum Index Fund	2.30%	2.77%	5.89%	18.09%	2.10%	20.67%	8.68%	2.09%	3.84%	0.88%
ZVGNX Zevenbergen Genea Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.36%	0.00%

Frequently Asked Questions

Can I hold both ZVGNX and FUMIX in my portfolio?

ZVGNX and FUMIX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.