PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FAGKX vs. FCNTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FAGKX and FCNTX is 0.90, 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.


-0.50.00.51.00.9

Performance

FAGKX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Strategies Fund Class K (FAGKX) and Fidelity Contrafund Fund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

200.00%220.00%240.00%260.00%280.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
277.50%
280.69%
FAGKX
FCNTX

Key characteristics

Sharpe Ratio

FAGKX:

1.88

FCNTX:

2.08

Sortino Ratio

FAGKX:

2.52

FCNTX:

2.77

Omega Ratio

FAGKX:

1.33

FCNTX:

1.39

Calmar Ratio

FAGKX:

1.20

FCNTX:

1.49

Martin Ratio

FAGKX:

10.97

FCNTX:

12.39

Ulcer Index

FAGKX:

2.98%

FCNTX:

2.71%

Daily Std Dev

FAGKX:

17.41%

FCNTX:

16.12%

Max Drawdown

FAGKX:

-54.37%

FCNTX:

-48.74%

Current Drawdown

FAGKX:

-7.07%

FCNTX:

-6.48%

Returns By Period

The year-to-date returns for both investments are quite close, with FAGKX having a 30.34% return and FCNTX slightly higher at 31.85%. Over the past 10 years, FAGKX has outperformed FCNTX with an annualized return of 8.93%, while FCNTX has yielded a comparatively lower 8.27% annualized return.


FAGKX

YTD

30.34%

1M

-1.94%

6M

15.58%

1Y

30.67%

5Y*

7.50%

10Y*

8.93%

FCNTX

YTD

31.85%

1M

-2.53%

6M

5.31%

1Y

32.34%

5Y*

9.68%

10Y*

8.27%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FAGKX vs. FCNTX - Expense Ratio Comparison

FAGKX has a 0.52% expense ratio, which is higher than FCNTX's 0.39% expense ratio.


FAGKX
Fidelity Growth Strategies Fund Class K
Expense ratio chart for FAGKX: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%
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

FAGKX vs. FCNTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund Class K (FAGKX) 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.


Sharpe ratio
The chart of Sharpe ratio for FAGKX, currently valued at 1.88, compared to the broader market-1.000.001.002.003.004.001.882.08
The chart of Sortino ratio for FAGKX, currently valued at 2.52, compared to the broader market-2.000.002.004.006.008.0010.002.522.77
The chart of Omega ratio for FAGKX, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.003.501.331.39
The chart of Calmar ratio for FAGKX, currently valued at 1.20, compared to the broader market0.002.004.006.008.0010.0012.0014.001.201.49
The chart of Martin ratio for FAGKX, currently valued at 10.97, compared to the broader market0.0020.0040.0060.0010.9712.39
FAGKX
FCNTX

The current FAGKX Sharpe Ratio is 1.88, which is comparable to the FCNTX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FAGKX 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.88
2.08
FAGKX
FCNTX

Dividends

FAGKX vs. FCNTX - Dividend Comparison

FAGKX's dividend yield for the trailing twelve months is around 0.12%, more than FCNTX's 0.02% yield.


TTM20232022202120202019201820172016201520142013
FAGKX
Fidelity Growth Strategies Fund Class K
0.12%0.16%0.00%0.00%0.00%0.54%0.90%0.50%0.68%0.29%0.92%0.38%
FCNTX
Fidelity Contrafund Fund
0.02%0.48%2.42%0.00%0.00%0.00%0.00%0.10%0.30%0.31%7.55%7.89%

Drawdowns

FAGKX vs. FCNTX - Drawdown Comparison

The maximum FAGKX drawdown since its inception was -54.37%, which is greater than FCNTX's maximum drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for FAGKX and FCNTX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.07%
-6.48%
FAGKX
FCNTX

Volatility

FAGKX vs. FCNTX - Volatility Comparison

Fidelity Growth Strategies Fund Class K (FAGKX) has a higher volatility of 7.15% compared to Fidelity Contrafund Fund (FCNTX) at 5.45%. This indicates that FAGKX'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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
7.15%
5.45%
FAGKX
FCNTX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab