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FCNKX vs. FLCNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCNKX and FLCNX is 0.93, 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 chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Contrafund Fund (FCNKX) and Fidelity Contrafund K6 (FLCNX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FCNKX:

0.81

FLCNX:

0.77

Sortino Ratio

FCNKX:

1.28

FLCNX:

1.23

Omega Ratio

FCNKX:

1.18

FLCNX:

1.17

Calmar Ratio

FCNKX:

0.94

FLCNX:

0.89

Martin Ratio

FCNKX:

3.19

FLCNX:

3.04

Ulcer Index

FCNKX:

5.78%

FLCNX:

5.88%

Daily Std Dev

FCNKX:

22.09%

FLCNX:

22.59%

Max Drawdown

FCNKX:

-46.44%

FLCNX:

-32.55%

Current Drawdown

FCNKX:

-5.30%

FLCNX:

-5.10%

Returns By Period

The year-to-date returns for both stocks are quite close, with FCNKX having a 2.50% return and FLCNX slightly lower at 2.44%.


FCNKX

YTD

2.50%

1M

9.94%

6M

1.43%

1Y

17.79%

5Y*

18.76%

10Y*

14.72%

FLCNX

YTD

2.44%

1M

10.48%

6M

0.96%

1Y

17.23%

5Y*

17.99%

10Y*

N/A

*Annualized

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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 Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCNKX
The Risk-Adjusted Performance Rank of FCNKX is 7676
Overall Rank
The Sharpe Ratio Rank of FCNKX is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of FCNKX is 7474
Sortino Ratio Rank
The Omega Ratio Rank of FCNKX is 7676
Omega Ratio Rank
The Calmar Ratio Rank of FCNKX is 8282
Calmar Ratio Rank
The Martin Ratio Rank of FCNKX is 7474
Martin Ratio Rank

FLCNX
The Risk-Adjusted Performance Rank of FLCNX is 7474
Overall Rank
The Sharpe Ratio Rank of FLCNX is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of FLCNX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of FLCNX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FLCNX is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FLCNX is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FCNKX Sharpe Ratio is 0.81, which is comparable to the FLCNX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of FCNKX and FLCNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FCNKX vs. FLCNX - Dividend Comparison

FCNKX's dividend yield for the trailing twelve months is around 0.12%, less than FLCNX's 0.27% yield.


TTM20242023202220212020201920182017201620152014
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%
FLCNX
Fidelity Contrafund K6
0.27%0.36%0.49%0.62%0.20%0.21%0.30%0.33%0.15%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 -32.55%. Use the drawdown chart below to compare losses from any high point for FCNKX and FLCNX. For additional features, visit the drawdowns tool.


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Volatility

FCNKX vs. FLCNX - Volatility Comparison

Fidelity Contrafund Fund (FCNKX) and Fidelity Contrafund K6 (FLCNX) have volatilities of 6.93% and 7.05%, 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.


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