- ISIN
- US3160717035
- CUSIP
- 316071703
- Issuer
- Fidelity
- Category
- Large Cap Growth Equities
- Min. Investment
- $0
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FCNKX Performance Chart
Fidelity Contrafund (FCNKX) is up 9.6% since the beginning of the year. FCNKX is currently trading at $27 per share. Investors who bought $1,000 worth of FCNKX shares 5 years ago would now be looking at an investment worth $2,066.
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Returns By Period
Fidelity Contrafund (FCNKX) has returned 9.61% so far this year and 24.48% over the past 12 months. Looking at the last ten years, FCNKX has achieved an annualized return of 18.37%, outperforming the S&P 500 Index benchmark, which averaged 13.67% per year.
Fidelity Contrafund
- 1D
- -1.58%
- 1M
- 4.21%
- YTD
- 9.61%
- 6M
- 11.21%
- 1Y
- 24.48%
- 3Y*
- 27.04%
- 5Y*
- 15.62%
- 10Y*
- 18.37%
Benchmark (S&P 500 Index)
- 1D
- 1.08%
- 1M
- 2.00%
- YTD
- 9.57%
- 6M
- 10.71%
- 1Y
- 25.41%
- 3Y*
- 19.37%
- 5Y*
- 12.48%
- 10Y*
- 13.67%
FCNKX Monthly Returns History
Based on dividend-adjusted daily data since May 15, 2008, FCNKX's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, an investment would double in approximately 5.1 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +14.5%, while the worst month was Oct 2008 at -15.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.
On a daily basis, FCNKX closed higher 55% of trading days. The best single day was Oct 13, 2008 with a return of +10.4%, while the worst single day was Mar 16, 2020 at -11.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.88% | -0.95% | -6.22% | 10.15% | 3.70% | 1.40% | 9.61% | ||||||
| 2025 | 5.45% | -1.80% | -7.33% | 0.85% | 8.24% | 6.79% | 3.16% | 0.25% | 2.60% | 1.05% | -0.04% | 1.66% | 21.88% |
| 2024 | 4.83% | 9.42% | 2.86% | -4.62% | 6.89% | 4.48% | -1.48% | 3.91% | 2.12% | -0.38% | 4.97% | -0.95% | 36.08% |
| 2023 | 7.25% | -1.76% | 5.87% | 3.22% | 2.61% | 6.02% | 4.14% | -0.90% | -3.23% | -0.94% | 8.23% | 3.99% | 39.50% |
| 2022 | -7.12% | -4.85% | 3.27% | -11.58% | -1.28% | -8.75% | 9.14% | -4.05% | -8.15% | 4.67% | 5.21% | -5.75% | -27.44% |
| 2021 | -1.07% | 1.63% | 2.06% | 7.01% | 0.28% | 4.04% | 2.18% | 4.53% | -5.93% | 6.88% | -0.10% | 1.42% | 24.66% |
Benchmark Metrics
Fidelity Contrafund has an annualized alpha of 3.88%, beta of 0.94, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since May 15, 2008.
- This fund captured 104.30% of S&P 500 Index gains but only 89.30% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 3.88% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.94 and R2 of 0.91, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.88%
- Beta
- 0.94
- R²
- 0.91
- Upside Capture
- 104.30%
- Downside Capture
- 89.30%
Expense Ratio
FCNKX has an expense ratio of 0.74%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FCNKX ranks 41 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Contrafund (FCNKX) and compare them to S&P 500 Index.
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.
| FCNKX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 2.81 | -0.61 |
| Martin ratioReturn relative to average drawdown | 9.16 | 12.55 | -3.39 |
Dividends
Dividend History
Fidelity Contrafund provided a 4.24% dividend yield over the last twelve months, with an annual payout of $1.13 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.13 | $1.27 | $0.90 | $0.70 | $1.66 | $2.03 | $1.34 | $0.57 | $1.01 | $0.74 | $0.39 | $0.44 |
Dividend yield | 4.24% | 5.18% | 4.28% | 4.31% | 13.69% | 10.77% | 8.00% | 4.15% | 9.14% | 6.09% | 3.92% | 4.47% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Contrafund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | ||||||
| 2025 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.09 | $1.27 |
| 2024 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.90 |
| 2023 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.70 |
| 2022 | $0.22 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $1.66 |
| 2021 | $0.00 | $0.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.63 | $2.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Contrafund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Contrafund was 46.44%, occurring on Mar 9, 2009. Recovery took 469 trading sessions.
The current Fidelity Contrafund drawdown is 1.73%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -46.44%Mar 2009 | 9mo 24d | 1y 10mo | 2y 8moMay 2008 - Jan 2011 |
Bear market2022 | -31.77%Oct 2022 | 10mo 26d | 1y 2mo | 2y 1moNov 2021 - Jan 2024 |
COVID crash2020 | -29.35%Mar 2020 | 1mo 2d | 2mo 19d | 3mo 21dFeb 2020 - Jun 2020 |
Rate-hike selloffLate 2018 | -22.55%Dec 2018 | 3mo 26d | 4mo 3d | 7mo 29dAug 2018 - Apr 2019 |
2025 selloff2025 | -19.73%Apr 2025 | 1mo 19d | 2mo 17d | 4mo 6dFeb 2025 - Jun 2025 |
Drawdown Indicators
| FCNKX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.44% | -56.78% | +10.34% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -9.10% | -2.19% |
Max Drawdown (3Y)Largest decline over 3 years | -19.73% | -18.90% | -0.83% |
Max Drawdown (5Y)Largest decline over 5 years | -31.77% | -25.43% | -6.34% |
Max Drawdown (10Y)Largest decline over 10 years | -31.77% | -33.92% | +2.15% |
Current DrawdownCurrent decline from peak | -1.73% | -1.43% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -10.71% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 2.03% | +0.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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