^DWGROT vs. FZROX
Compare and contrast key facts about Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) and Fidelity ZERO Total Market Index Fund (FZROX).
FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DWGROT or FZROX.
Key characteristics
| ^DWGROT | FZROX | |
|---|---|---|
| YTD Return | 22.67% | 17.99% |
| 1Y Return | 38.32% | 30.02% |
| 3Y Return (Ann) | 9.51% | 8.25% |
| Sharpe Ratio | 2.11 | 2.19 |
| Daily Std Dev | 16.95% | 12.92% |
| Max Drawdown | -34.14% | -34.96% |
| Current Drawdown | -2.75% | -0.51% |
Correlation
The correlation between ^DWGROT and FZROX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^DWGROT vs. FZROX - Performance Comparison
In the year-to-date period, ^DWGROT achieves a 22.67% return, which is significantly higher than FZROX's 17.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^DWGROT vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) and Fidelity ZERO Total Market Index Fund (FZROX). 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.
Drawdowns
^DWGROT vs. FZROX - Drawdown Comparison
The maximum ^DWGROT drawdown since its inception was -34.14%, roughly equal to the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for ^DWGROT and FZROX. For additional features, visit the drawdowns tool.
Volatility
^DWGROT vs. FZROX - Volatility Comparison
Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) has a higher volatility of 7.53% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 6.09%. This indicates that ^DWGROT's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.