FCBAX vs. FCNTX
Compare and contrast key facts about Fidelity Advisor Corporate Bond Fund Class A (FCBAX) and Fidelity Contrafund Fund (FCNTX).
FCBAX is managed by Fidelity. It was launched on May 4, 2010. FCNTX is managed by Fidelity. It was launched on May 17, 1967.
Performance
FCBAX vs. FCNTX - Performance Comparison
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FCBAX vs. FCNTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCBAX Fidelity Advisor Corporate Bond Fund Class A | -1.25% | 7.51% | 2.21% | 8.10% | -17.32% | -1.85% | 10.46% | 14.11% | -2.90% | 6.47% |
FCNTX Fidelity Contrafund Fund | -8.57% | 21.76% | 36.00% | 38.67% | -28.31% | 24.52% | 32.48% | 30.00% | -3.81% | 32.18% |
Returns By Period
In the year-to-date period, FCBAX achieves a -1.25% return, which is significantly higher than FCNTX's -8.57% return. Over the past 10 years, FCBAX has underperformed FCNTX with an annualized return of 2.48%, while FCNTX has yielded a comparatively higher 15.63% annualized return.
FCBAX
- 1D
- 0.57%
- 1M
- -2.76%
- YTD
- -1.25%
- 6M
- -0.55%
- 1Y
- 3.77%
- 3Y*
- 4.28%
- 5Y*
- 0.03%
- 10Y*
- 2.48%
FCNTX
- 1D
- -0.22%
- 1M
- -9.40%
- YTD
- -8.57%
- 6M
- -6.17%
- 1Y
- 16.04%
- 3Y*
- 23.48%
- 5Y*
- 12.82%
- 10Y*
- 15.63%
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FCBAX vs. FCNTX - Expense Ratio Comparison
FCBAX has a 0.77% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Return for Risk
FCBAX vs. FCNTX — Risk / Return Rank
FCBAX
FCNTX
FCBAX vs. FCNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Corporate Bond Fund Class A (FCBAX) 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.
| FCBAX | FCNTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.83 | +0.08 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.30 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.17 | +0.28 |
Martin ratioReturn relative to average drawdown | 4.62 | 4.57 | +0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCBAX | FCNTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.83 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.67 | -0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.80 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.76 | -0.13 |
Correlation
The correlation between FCBAX and FCNTX is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FCBAX vs. FCNTX - Dividend Comparison
FCBAX's dividend yield for the trailing twelve months is around 3.56%, less than FCNTX's 5.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCBAX Fidelity Advisor Corporate Bond Fund Class A | 3.56% | 3.79% | 3.35% | 3.13% | 2.27% | 2.55% | 3.09% | 2.96% | 3.29% | 2.83% | 3.19% | 2.69% |
FCNTX Fidelity Contrafund Fund | 5.10% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
Drawdowns
FCBAX vs. FCNTX - Drawdown Comparison
The maximum FCBAX drawdown since its inception was -23.56%, smaller than the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FCBAX and FCNTX.
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Drawdown Indicators
| FCBAX | FCNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.56% | -49.19% | +25.63% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -11.30% | +7.99% |
Max Drawdown (5Y)Largest decline over 5 years | -23.44% | -32.59% | +9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -23.56% | -32.59% | +9.03% |
Current DrawdownCurrent decline from peak | -4.81% | -11.30% | +6.49% |
Average DrawdownAverage peak-to-trough decline | -4.34% | -8.18% | +3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 2.90% | -1.86% |
Volatility
FCBAX vs. FCNTX - Volatility Comparison
The current volatility for Fidelity Advisor Corporate Bond Fund Class A (FCBAX) is 1.85%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 5.19%. This indicates that FCBAX 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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Volatility by Period
| FCBAX | FCNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.85% | 5.19% | -3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 10.56% | -7.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.78% | 19.69% | -14.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.68% | 19.13% | -12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.93% | 19.61% | -13.68% |