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DJIA vs. FCNTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


DJIAFCNTX
YTD Return13.54%37.38%
1Y Return16.79%42.02%
Sharpe Ratio2.152.85
Sortino Ratio3.123.80
Omega Ratio1.441.53
Calmar Ratio3.770.44
Martin Ratio14.4017.76
Ulcer Index1.19%2.49%
Daily Std Dev7.94%15.51%
Max Drawdown-16.91%-99.93%
Current Drawdown0.00%-99.28%

Correlation

-0.50.00.51.00.6

The correlation between DJIA and FCNTX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

DJIA vs. FCNTX - Performance Comparison

In the year-to-date period, DJIA achieves a 13.54% return, which is significantly lower than FCNTX's 37.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
8.20%
16.56%
DJIA
FCNTX

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DJIA vs. FCNTX - Expense Ratio Comparison

DJIA has a 0.60% expense ratio, which is higher than FCNTX's 0.39% expense ratio.


DJIA
Global X Dow 30 Covered Call ETF
Expense ratio chart for DJIA: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for FCNTX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

DJIA vs. FCNTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Dow 30 Covered Call ETF (DJIA) 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.


DJIA
Sharpe ratio
The chart of Sharpe ratio for DJIA, currently valued at 2.15, compared to the broader market-2.000.002.004.006.002.15
Sortino ratio
The chart of Sortino ratio for DJIA, currently valued at 3.12, compared to the broader market0.005.0010.003.12
Omega ratio
The chart of Omega ratio for DJIA, currently valued at 1.44, compared to the broader market1.001.502.002.503.001.44
Calmar ratio
The chart of Calmar ratio for DJIA, currently valued at 3.77, compared to the broader market0.005.0010.0015.003.77
Martin ratio
The chart of Martin ratio for DJIA, currently valued at 14.40, compared to the broader market0.0020.0040.0060.0080.00100.0014.40
FCNTX
Sharpe ratio
The chart of Sharpe ratio for FCNTX, currently valued at 2.85, compared to the broader market-2.000.002.004.006.002.85
Sortino ratio
The chart of Sortino ratio for FCNTX, currently valued at 3.80, compared to the broader market0.005.0010.003.80
Omega ratio
The chart of Omega ratio for FCNTX, currently valued at 1.53, compared to the broader market1.001.502.002.503.001.53
Calmar ratio
The chart of Calmar ratio for FCNTX, currently valued at 4.07, compared to the broader market0.005.0010.0015.004.07
Martin ratio
The chart of Martin ratio for FCNTX, currently valued at 17.76, compared to the broader market0.0020.0040.0060.0080.00100.0017.76

DJIA vs. FCNTX - Sharpe Ratio Comparison

The current DJIA Sharpe Ratio is 2.15, which is comparable to the FCNTX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of DJIA and FCNTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.15
2.85
DJIA
FCNTX

Dividends

DJIA vs. FCNTX - Dividend Comparison

DJIA's dividend yield for the trailing twelve months is around 6.44%, more than FCNTX's 0.37% yield.


TTM20232022202120202019201820172016201520142013
DJIA
Global X Dow 30 Covered Call ETF
6.44%7.16%9.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FCNTX
Fidelity Contrafund Fund
0.37%0.48%2.42%0.00%0.00%0.00%0.00%0.10%0.30%0.31%7.55%7.89%

Drawdowns

DJIA vs. FCNTX - Drawdown Comparison

The maximum DJIA drawdown since its inception was -16.91%, smaller than the maximum FCNTX drawdown of -99.93%. Use the drawdown chart below to compare losses from any high point for DJIA and FCNTX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.23%
DJIA
FCNTX

Volatility

DJIA vs. FCNTX - Volatility Comparison

The current volatility for Global X Dow 30 Covered Call ETF (DJIA) is 3.16%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 4.54%. This indicates that DJIA 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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.16%
4.54%
DJIA
FCNTX