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.
Performance
FCNKX vs. DIVO - Performance Comparison
Returns By Period
In the year-to-date period, FCNKX achieves a 35.65% return, which is significantly higher than DIVO's 20.64% return.
FCNKX
35.65%
2.05%
11.97%
36.74%
10.35%
8.79%
DIVO
20.64%
3.46%
12.12%
25.39%
12.38%
N/A
Key characteristics
| FCNKX | DIVO | |
|---|---|---|
| Sharpe Ratio | 2.34 | 2.93 |
| Sortino Ratio | 3.17 | 4.24 |
| Omega Ratio | 1.44 | 1.55 |
| Calmar Ratio | 1.54 | 4.72 |
| Martin Ratio | 14.49 | 18.95 |
| Ulcer Index | 2.52% | 1.36% |
| Daily Std Dev | 15.61% | 8.83% |
| Max Drawdown | -46.44% | -30.04% |
| Current Drawdown | -1.53% | 0.00% |
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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.
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.
Risk-Adjusted Performance
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 0.47%, less than DIVO's 4.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNKX Fidelity Contrafund Fund | 0.47% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% | 8.11% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.37% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 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 4.79% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.37%. 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.