Correlation
The correlation between CTHAX and FCNTX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
CTHAX vs. FCNTX
Compare and contrast key facts about American Funds College 2030 Fund (CTHAX) and Fidelity Contrafund Fund (FCNTX).
CTHAX is managed by American Funds. It was launched on Sep 13, 2012. FCNTX is managed by Fidelity. It was launched on May 17, 1967.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTHAX or FCNTX.
Performance
CTHAX vs. FCNTX - Performance Comparison
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Key characteristics
CTHAX:
1.68
FCNTX:
0.85
CTHAX:
2.23
FCNTX:
1.20
CTHAX:
1.32
FCNTX:
1.17
CTHAX:
2.02
FCNTX:
0.86
CTHAX:
8.07
FCNTX:
2.91
CTHAX:
1.17%
FCNTX:
5.85%
CTHAX:
5.91%
FCNTX:
22.18%
CTHAX:
-17.17%
FCNTX:
-49.03%
CTHAX:
0.00%
FCNTX:
-3.23%
Returns By Period
In the year-to-date period, CTHAX achieves a 3.91% return, which is significantly lower than FCNTX's 4.71% return. Over the past 10 years, CTHAX has underperformed FCNTX with an annualized return of 5.63%, while FCNTX has yielded a comparatively higher 15.30% annualized return.
CTHAX
3.91%
1.50%
2.05%
9.26%
5.40%
5.76%
5.63%
FCNTX
4.71%
6.90%
3.75%
18.39%
21.80%
17.66%
15.30%
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CTHAX vs. FCNTX - Expense Ratio Comparison
CTHAX has a 0.41% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
CTHAX vs. FCNTX — Risk-Adjusted Performance Rank
CTHAX
FCNTX
CTHAX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds College 2030 Fund (CTHAX) and Fidelity Contrafund Fund (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.
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Dividends
CTHAX vs. FCNTX - Dividend Comparison
CTHAX's dividend yield for the trailing twelve months is around 3.79%, less than FCNTX's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTHAX American Funds College 2030 Fund | 3.79% | 3.94% | 2.98% | 4.05% | 12.40% | 5.63% | 4.55% | 6.43% | 3.74% | 4.26% | 4.01% | 2.60% |
FCNTX Fidelity Contrafund Fund | 4.77% | 4.19% | 4.26% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 6.08% | 3.81% | 5.33% | 7.29% |
Drawdowns
CTHAX vs. FCNTX - Drawdown Comparison
The maximum CTHAX drawdown since its inception was -17.17%, smaller than the maximum FCNTX drawdown of -49.03%. Use the drawdown chart below to compare losses from any high point for CTHAX and FCNTX.
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Volatility
CTHAX vs. FCNTX - Volatility Comparison
The current volatility for American Funds College 2030 Fund (CTHAX) is 1.51%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 5.14%. This indicates that CTHAX experiences smaller price fluctuations and is considered to be less risky than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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