FCNKX vs. DIVO
Compare and contrast key facts about Fidelity Contrafund Fund (FCNKX) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
FCNKX is managed by Fidelity. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCNKX or DIVO.
Correlation
The correlation between FCNKX and DIVO is 0.66, 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.
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FCNKX vs. DIVO - Performance Comparison
Key characteristics
FCNKX:
0.12
DIVO:
0.59
FCNKX:
0.32
DIVO:
0.93
FCNKX:
1.04
DIVO:
1.13
FCNKX:
0.13
DIVO:
0.66
FCNKX:
0.50
DIVO:
2.93
FCNKX:
5.20%
DIVO:
2.74%
FCNKX:
21.74%
DIVO:
13.54%
FCNKX:
-46.44%
DIVO:
-30.04%
FCNKX:
-14.14%
DIVO:
-6.92%
Returns By Period
In the year-to-date period, FCNKX achieves a -7.49% return, which is significantly lower than DIVO's -1.54% return.
FCNKX
-7.49%
-3.98%
-9.57%
1.73%
9.95%
7.13%
DIVO
-1.54%
-1.25%
-2.94%
8.03%
13.53%
N/A
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FCNKX vs. DIVO - Expense Ratio Comparison
FCNKX has a 0.74% expense ratio, which is higher than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
FCNKX vs. DIVO — Risk-Adjusted Performance Rank
FCNKX
DIVO
FCNKX vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNKX) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.
Dividends
FCNKX vs. DIVO - Dividend Comparison
FCNKX's dividend yield for the trailing twelve months is around 0.13%, less than DIVO's 4.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNKX Fidelity Contrafund Fund | 0.13% | 0.19% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.94% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCNKX vs. DIVO - Drawdown Comparison
The maximum FCNKX drawdown since its inception was -46.44%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for FCNKX and DIVO. For additional features, visit the drawdowns tool.
Volatility
FCNKX vs. DIVO - Volatility Comparison
Fidelity Contrafund Fund (FCNKX) has a higher volatility of 14.16% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 9.69%. This indicates that FCNKX's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with FCNKX or DIVO
Recent discussions
calculation of performance
Portfolio performance graph for past 1Y (thru 3/13/2025):
GLD=37.82%
IAU=37.97%
IAUM=38.34%
using daily adjusted closing market price (from NASDAQ) integrating the logarithmic daily rate of return between 3/13/2025 to 3/14/2025 to calculate the cumulative rate of return, I calculate
GLD=31.34%
IAU=31.45%
IAUM=31.66%
These ETF's do not pay a dividend, Expense cost is included in the closing price.
The difference in rate of return is about 6%, which is too large. I can send you my calculation (xls) if this would be useful.
What is causing the error?
Marcus Crahan
Going forward performance roughly coinciding with historically optimized portfolios on this site?
I'm quite new to the site, but I am concerned that a portfolio optimized with past data may have no bearing at all on its future performance. Has anyone been around long enough to speak to this concern. Have you outperformed a relevant benchmark with actual invested money?
Also, if you've been here awhile, what tools on the site do you find most useful?
Thanks for reading!
Bob Peticolas
Drawdowns and Data
Hi what data sources do you guys use for different ETF, and Mutual Data? Also are drawdowns calculated daily or monthly?
Thank You
Bee Zee