FCNKX vs. FLCNX
Compare and contrast key facts about Fidelity Contrafund Fund (FCNKX) and Fidelity Contrafund K6 (FLCNX).
FCNKX is managed by Fidelity. FLCNX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCNKX or FLCNX.
Key characteristics
| FCNKX | FLCNX | |
|---|---|---|
| YTD Return | 37.33% | 37.19% |
| 1Y Return | 39.99% | 43.58% |
| 3Y Return (Ann) | 3.00% | 10.63% |
| 5Y Return (Ann) | 10.86% | 18.59% |
| Sharpe Ratio | 2.70 | 2.99 |
| Sortino Ratio | 3.62 | 3.97 |
| Omega Ratio | 1.50 | 1.56 |
| Calmar Ratio | 1.76 | 4.16 |
| Martin Ratio | 16.75 | 18.39 |
| Ulcer Index | 2.51% | 2.48% |
| Daily Std Dev | 15.51% | 15.25% |
| Max Drawdown | -46.44% | -32.07% |
| Current Drawdown | -0.31% | -0.35% |
Correlation
The correlation between FCNKX and FLCNX is 0.99, 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. FLCNX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FCNKX having a 37.33% return and FLCNX slightly lower at 37.19%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FCNKX vs. FLCNX - Expense Ratio Comparison
FCNKX has a 0.74% expense ratio, which is higher than FLCNX's 0.45% expense ratio.
Risk-Adjusted Performance
FCNKX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNKX) and Fidelity Contrafund K6 (FLCNX). 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. FLCNX - Dividend Comparison
FCNKX's dividend yield for the trailing twelve months is around 0.46%, more than FLCNX's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNKX Fidelity Contrafund Fund | 0.46% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% | 8.11% |
FLCNX Fidelity Contrafund K6 | 0.39% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCNKX vs. FLCNX - Drawdown Comparison
The maximum FCNKX drawdown since its inception was -46.44%, which is greater than FLCNX's maximum drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for FCNKX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
FCNKX vs. FLCNX - Volatility Comparison
Fidelity Contrafund Fund (FCNKX) and Fidelity Contrafund K6 (FLCNX) have volatilities of 4.41% and 4.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.