LG choice for a Roth

[chang]

I've had TRGOX in my Roth (100%) for a while (the Investor class spin-off of TRLGX). Return was great in 2020, not quite as great in 2021, and even less great over the last 3-6 months. You can see the trend in the M* rating of ★★★★★ / ★★★★ / ★★★ over 10 / 5 / 3 years.

Anyone have a better pick in the LG category for an IRA?

(Not interested in QQQ; please don't bother suggesting it. I'm trying to index in my taxable account and push actively managed funds into my tax-deferred; hence, I would consider an index fund here only after concluding that there are absolutely no actively managed funds which are more compelling than an index fund, such as VUG.)

Edit: the Roth is at Fido.

[racqueteer]

Just a comment...  I looked back at various periods and found this fund to be right around QQQ most of the time.  I would expect a superior fund to outperform consistently, and the charts to diverge.  So I can see the 'value' in changing funds, but, rhetorically, why this fund in the FIRST place?  Just looking at the recent comparison of this with a very mild JENSX, we see the latter diverging positively over the last month, but otherwise basically hanging in with yours.  I think that you're likely to get funds which loaded up on tech; thereby benefiting disproportionately before, but maybe lacking at present?  Just something to factor into your thoughts...

Edit:  FDGRX was suggested, and rightly so, but note that this seems almost entirely due to taking advantage of of the big March 2020 pullback.  It ALSO became more volatile; where prior to that time was basically the same as the other two.  So...  Apparently more flexible during that opportunity.  Recently, doing worse (though not a lot worse).  Can they adjust again?

[chang]

Jan 10, 2022 11:27:34 GMT steelpony10 said:

chang ,

        FDGRX

(1) The fund is closed so I cannot purchase it; (2) I think Fidelity’s “big three” managers are all close to retirement. I wouldn’t buy Growth Co., Low Priced or Contra now. I don’t think those will be the best funds for the future. JMO.

Edit: Fidelity Blue Chip Growth (FBGRX) has had a pretty good run, though, too.

[racqueteer]

Same comment on FBGRX as with FDGRX.  An adjustment in 2020; which led to a significant bounce.  For the last 3 years, not much different from your fund.  I suspect we're seeing the results of acting on a favorable market opportunity (which your fund seems to have missed).  If you think the smart move repeatable, then a change is reasonable.  Otherwise, I'm not seeing a ton of difference in performance.

[sheryldell]

chang,@chang

AMAGX Check it out, beat VOO several years.
TRBCX also, but not as good as TRGOX or compared to VOO.
Also CSIEX

MSEGX was great for years but recently cratered.

[jongaltiii]

There's the other Fido LCG funds: FOCPX and the index FSPGX and FLCEX but LCGNX is worth looking at along with VONG (ETF)

[chang]

Jan 10, 2022 14:37:17 GMT racqueteer said:

Same comment on FBGRX as with FDGRX.  An adjustment in 2020; which led to a significant bounce.  For the last 3 years, not much different from your fund.  I suspect we're seeing the results of acting on a favorable market opportunity (which your fund seems to have missed).  If you think the smart move repeatable, then a change is reasonable.  Otherwise, I'm not seeing a ton of difference in performance.

I don’t think it’s any surprise that most LG funds have many of the same top holdings, and look alike to a degree. That’s why (1) I won’t pay an exorbitant ER, and (2) I won’t tolerate missteps and missed opportunities. These guys get paid grazillions of dollars NOT to make mistakes or miss opportunities. Because the index funds like VUG and VOOG are always sitting right there on the shelf.

Edit: Good to see you posting Raq, and hope all is well in your hood and that you enjoyed the holidays.

[chang]

Made a quick decision on this. Since it’s in a Fido IRA, there are some advantages to using Fido funds. So I decided to invest the IRA 2/3 FBGRX and 1/3 FXAIX. Because of Fido’s restrictions on simultaneous sell/buy trades in an IRA, it will take three days to complete the transfer.