AVGO vs. FCNTX
AVGO (Broadcom Inc.) is a stock, while FCNTX (Fidelity Contrafund) is Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, AVGO returned 41.61%/yr vs 17.64%/yr for FCNTX. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
AVGO vs. FCNTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVGO achieves a 14.06% return, which is significantly higher than FCNTX's 8.05% return. Over the past 10 years, AVGO has outperformed FCNTX with an annualized return of 41.61%, while FCNTX has yielded a comparatively lower 17.64% annualized return.
AVGO
- 1D
- 3.11%
- 1M
- -7.35%
- YTD
- 14.06%
- 6M
- 16.39%
- 1Y
- 59.68%
- 3Y*
- 67.77%
- 5Y*
- 56.37%
- 10Y*
- 41.61%
FCNTX
- 1D
- 1.31%
- 1M
- 1.79%
- YTD
- 8.05%
- 6M
- 9.44%
- 1Y
- 23.55%
- 3Y*
- 26.44%
- 5Y*
- 14.71%
- 10Y*
- 17.64%
AVGO vs. FCNTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 14.06% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
FCNTX Fidelity Contrafund | 8.05% | 21.76% | 36.00% | 38.67% | -28.31% | 24.52% | 32.48% | 30.00% | -3.81% | 32.18% |
Correlation
The correlation between AVGO and FCNTX is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2009 | 0.63 |
The correlation between AVGO and FCNTX shifts across timeframes, from 0.57 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVGO vs. FCNTX — Risk / Return Rank
AVGO
FCNTX
AVGO vs. FCNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Fidelity Contrafund (FCNTX). 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.
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.
| AVGO | FCNTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.27 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 1.97 | +0.12 |
| Martin ratioReturn relative to average drawdown | 4.85 | 8.27 | -3.42 |
Loading charts...
Drawdowns
AVGO vs. FCNTX - Drawdown Comparison
The maximum AVGO drawdown since its inception was -48.30%, roughly equal to the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for AVGO and FCNTX.
Loading charts...
Drawdown Indicators
| AVGO | FCNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.30% | -49.19% | +0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -28.67% | -11.30% | -17.37% |
Max Drawdown (3Y)Largest decline over 3 years | -41.15% | -19.75% | -21.40% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -32.59% | -8.56% |
Max Drawdown (10Y)Largest decline over 10 years | -48.30% | -32.59% | -15.71% |
Current DrawdownCurrent decline from peak | -18.20% | -1.13% | -17.07% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -8.15% | +0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.35% | 2.69% | +9.66% |
Volatility
AVGO vs. FCNTX - Volatility Comparison
Broadcom Inc. (AVGO) has a higher volatility of 19.97% compared to Fidelity Contrafund (FCNTX) at 5.14%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVGO | FCNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.97% | 5.14% | +14.83% |
Volatility (6M)Calculated over the trailing 6-month period | 35.15% | 11.22% | +23.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.64% | 14.58% | +31.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.42% | 19.23% | +24.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.54% | 19.71% | +19.83% |
Dividends
AVGO vs. FCNTX - Dividend Comparison
AVGO's dividend yield for the trailing twelve months is around 0.63%, less than FCNTX's 4.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.63% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
FCNTX Fidelity Contrafund | 4.32% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
Frequently Asked Questions
AVGO and FCNTX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (19.97%) compared to FCNTX (5.14%). In terms of maximum drawdown, AVGO dropped -48.30% vs FCNTX's -49.19%.
FCNTX currently has the higher Sharpe Ratio (1.53 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AVGO and FCNTX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer