FCNKX vs. FFSDX
Compare and contrast key facts about Fidelity Contrafund Fund (FCNKX) and Fidelity Freedom 2065 Fund Class K (FFSDX).
FCNKX is managed by Fidelity. FFSDX is managed by Fidelity. It was launched on Jun 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCNKX or FFSDX.
Correlation
The correlation between FCNKX and FFSDX is 0.92, 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.
Performance
FCNKX vs. FFSDX - Performance Comparison
Key characteristics
FCNKX:
0.52
FFSDX:
0.46
FCNKX:
0.86
FFSDX:
0.75
FCNKX:
1.12
FFSDX:
1.10
FCNKX:
0.58
FFSDX:
0.49
FCNKX:
1.93
FFSDX:
2.09
FCNKX:
5.97%
FFSDX:
3.63%
FCNKX:
22.06%
FFSDX:
16.57%
FCNKX:
-46.44%
FFSDX:
-33.16%
FCNKX:
-9.79%
FFSDX:
-4.78%
Returns By Period
In the year-to-date period, FCNKX achieves a -2.80% return, which is significantly lower than FFSDX's 1.06% return.
FCNKX
-2.80%
1.33%
-2.74%
13.00%
9.88%
7.68%
FFSDX
1.06%
0.53%
0.35%
9.33%
9.71%
N/A
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FCNKX vs. FFSDX - Expense Ratio Comparison
FCNKX has a 0.74% expense ratio, which is higher than FFSDX's 0.65% expense ratio.
Risk-Adjusted Performance
FCNKX vs. FFSDX — Risk-Adjusted Performance Rank
FCNKX
FFSDX
FCNKX vs. FFSDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNKX) and Fidelity Freedom 2065 Fund Class K (FFSDX). 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. FFSDX - Dividend Comparison
FCNKX's dividend yield for the trailing twelve months is around 0.12%, less than FFSDX's 1.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNKX Fidelity Contrafund Fund | 0.12% | 0.19% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% |
FFSDX Fidelity Freedom 2065 Fund Class K | 1.48% | 1.50% | 1.39% | 2.06% | 2.17% | 1.06% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCNKX vs. FFSDX - Drawdown Comparison
The maximum FCNKX drawdown since its inception was -46.44%, which is greater than FFSDX's maximum drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for FCNKX and FFSDX. For additional features, visit the drawdowns tool.
Volatility
FCNKX vs. FFSDX - Volatility Comparison
Fidelity Contrafund Fund (FCNKX) has a higher volatility of 14.41% compared to Fidelity Freedom 2065 Fund Class K (FFSDX) at 11.41%. This indicates that FCNKX's price experiences larger fluctuations and is considered to be riskier than FFSDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.