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Fidelity Contrafund Fund (FCNKX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3160717035
CUSIP
316071703
Issuer
Fidelity
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Contrafund Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Contrafund Fund (FCNKX) has returned -8.57% so far this year and 16.13% over the past 12 months. Looking at the last ten years, FCNKX has achieved an annualized return of 16.08%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Fidelity Contrafund Fund

1D
-0.22%
1M
-9.39%
YTD
-8.57%
6M
-6.11%
1Y
16.13%
3Y*
23.77%
5Y*
13.27%
10Y*
16.08%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 15, 2008, FCNKX's average daily return is +0.23%, while the average monthly return is +1.07%. At this rate, your investment would double in approximately 5.4 years.

Historically, 63% of months were positive and 37% 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 Dec 11, 2017 with a return of +903.0%, while the worst single day was Dec 8, 2017 at -90.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.88%-0.95%-9.39%-8.57%
20255.45%-1.80%-7.33%0.85%8.24%6.79%3.16%0.25%2.60%1.05%-0.04%1.66%21.88%
20244.83%9.42%2.86%-4.62%6.89%4.48%-1.48%3.91%2.12%-0.38%4.97%-0.95%36.08%
20237.25%-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 Fund has an annualized alpha of 63.12%, beta of 0.97, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since May 16, 2008.

  • This fund captured 104.86% of S&P 500 Index gains but only 90.22% of its losses — a favorable profile for investors.
  • R² of 0.01 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
63.12%
Beta
0.97
0.01
Upside Capture
104.86%
Downside Capture
90.22%

Expense Ratio

FCNKX has an expense ratio of 0.74%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FCNKX ranks 39 for risk / return — below 39% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


FCNKX Risk / Return Rank: 3939
Overall Rank
FCNKX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
FCNKX Sortino Ratio Rank: 4040
Sortino Ratio Rank
FCNKX Omega Ratio Rank: 3939
Omega Ratio Rank
FCNKX Calmar Ratio Rank: 4242
Calmar Ratio Rank
FCNKX Martin Ratio Rank: 3939
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNKX) and compare them to a chosen benchmark (S&P 500 Index).


FCNKXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.83

0.90

-0.07

Sortino ratio

Return per unit of downside risk

1.30

1.39

-0.09

Omega ratio

Gain probability vs. loss probability

1.18

1.21

-0.03

Calmar ratio

Return relative to maximum drawdown

1.09

1.40

-0.30

Martin ratio

Return relative to average drawdown

4.18

6.61

-2.43

Explore FCNKX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Contrafund Fund provided a 5.08% 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.


4.00%6.00%8.00%10.00%12.00%14.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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

5.08%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 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.04$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 Fund. 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 Fund was 90.08%, occurring on Dec 8, 2017. Recovery took 5 trading sessions.

The current Fidelity Contrafund Fund drawdown is 11.29%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-90.08%Nov 29, 20178Dec 8, 20175Dec 15, 201713
-46.44%May 19, 2008203Mar 9, 2009469Jan 14, 2011672
-31.77%Nov 22, 2021226Oct 14, 2022310Jan 10, 2024536
-29.35%Feb 20, 202023Mar 23, 202055Jun 10, 202078
-22.55%Aug 30, 201880Dec 24, 201884Apr 26, 2019164

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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