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ISIN
US3160711095
CUSIP
316071109
Issuer
Fidelity
Inception Date
May 17, 1967
Region
North America (U.S.)
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth
Assets Under Management
$176B

Share Price Chart


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Performance

FCNTX Performance Chart

Fidelity Contrafund (FCNTX) is up 9.3% since the beginning of the year. FCNTX is currently trading at $27 per share. Investors who bought $1,000 worth of FCNTX shares 5 years ago would now be looking at an investment worth $2,029.


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S&P 500 Index

Returns By Period

Fidelity Contrafund (FCNTX) has returned 9.28% so far this year and 24.96% over the past 12 months.


Fidelity Contrafund

1D
0.61%
1M
3.11%
YTD
9.28%
6M
10.79%
1Y
24.96%
3Y*
27.62%
5Y*
15.20%
10Y*
17.54%

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.25%
YTD
7.86%
6M
7.47%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FCNTX Monthly Returns History

Based on dividend-adjusted daily data since Jan 2, 1980, FCNTX's average daily return is +0.06%, while the average monthly return is +1.17%. At this rate, an investment would double in approximately 5.0 years.

Historically, 65% of months were positive and 35% were negative. The best month was Aug 1982 with a return of +14.8%, while the worst month was Oct 1987 at -28.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FCNTX closed higher 54% of trading days. The best single day was Jan 26, 1984 with a return of +14.8%, while the worst single day was Jan 26, 1981 at -17.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.93%-1.00%-6.21%10.10%3.72%1.11%9.28%
20255.42%-1.81%-7.31%0.80%8.28%6.77%3.17%0.25%2.61%1.01%-0.08%1.67%21.76%
20244.85%9.38%2.87%-4.64%6.91%4.45%-1.49%3.92%2.08%-0.33%4.90%-0.92%36.00%
20237.28%-1.84%5.90%3.24%2.55%6.04%4.16%-0.97%-3.18%-0.94%8.20%3.49%38.67%
2022-8.21%-4.87%3.28%-11.56%-1.29%-8.78%9.10%-4.00%-8.18%4.69%5.23%-5.78%-28.31%
2021-1.07%1.57%2.07%7.02%0.22%4.11%2.13%4.54%-5.99%6.96%-0.10%1.38%24.52%

Benchmark Metrics

Fidelity Contrafund has an annualized alpha of -4.01%, beta of 1.08, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.

  • This fund participated in 94.30% of S&P 500 Index downside but only 89.33% of its upside - more exposed to losses than it benefited from rallies.
  • This fund had an annualized alpha of -4.01% versus S&P 500 Index - delivering less than market exposure alone would predict.
  • With beta of 1.08 and R2 of 0.84, 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
-4.01%
Beta
1.08
0.84
Upside Capture
89.33%
Downside Capture
94.30%

Expense Ratio

FCNTX has an expense ratio of 0.39%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FCNTX 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.


FCNTX Risk / Return Rank: 3939
Overall Rank
FCNTX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FCNTX Sortino Ratio Rank: 3737
Sortino Ratio Rank
FCNTX Omega Ratio Rank: 3838
Omega Ratio Rank
FCNTX Calmar Ratio Rank: 3737
Calmar Ratio Rank
FCNTX Martin Ratio Rank: 4646
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 (FCNTX) and compare them to S&P 500 Index.


FCNTXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.31

Calmar ratioReturn relative to maximum drawdown

2.19

Martin ratioReturn relative to average drawdown

9.30

Dividends

Dividend History

Fidelity Contrafund provided a 4.27% 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%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.13$1.27$0.88$0.61$1.44$2.03$1.34$0.57$0.82$0.74$0.38$0.53

Dividend yield

4.27%5.21%4.19%3.78%11.87%10.80%8.01%4.16%7.46%6.08%3.81%5.33%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.87$0.88
2023$0.00$0.19$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.61
2022$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.22$1.44
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 49.19%, occurring on Mar 9, 2009. Recovery took 599 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-49.19%Mar 2009
1y 4mo2y 4mo
3y 8moNov 2007 - Jul 2011
Black Monday1987
-36.80%Dec 1987
3mo 10d1y 5mo
1y 8moAug 1987 - May 1989
Dot-com crash2000–2002
-33.99%Sep 2001
1y 6mo3y 1mo
4y 7moMar 2000 - Nov 2004
Bear market2022
-32.59%Sep 2022
10mo 12d1y 3mo
2y 1moNov 2021 - Jan 2024
1984 bear market1984
-30.93%Jul 1984
5mo 29d1y 4mo
1y 10moJan 1984 - Dec 1985

Drawdown Indicators


FCNTXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-49.19%

-9.10%

-40.09%

Max Drawdown (1Y)

Largest decline over 1 year

-11.30%

Max Drawdown (3Y)

Largest decline over 3 years

-19.75%

Max Drawdown (5Y)

Largest decline over 5 years

-32.59%

Max Drawdown (10Y)

Largest decline over 10 years

-32.59%

Current Drawdown

Current decline from peak

0.00%

-2.97%

+2.97%

Average Drawdown

Average peak-to-trough decline

-8.16%

-1.13%

-7.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.65%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with FCNTX

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