FCNKX vs. FTGS
FCNKX (Fidelity Contrafund) and FTGS (First Trust Growth Strength ETF) are both Large Cap Growth Equities funds. FCNKX is actively managed, while FTGS is passively managed. Over the past 3 years, FCNKX returned 26.80%/yr vs 17.19%/yr for FTGS. Their correlation of 0.82 suggests significant overlap in exposure. FCNKX charges 0.74%/yr vs 0.60%/yr for FTGS.
Performance
FCNKX vs. FTGS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCNKX achieves a 8.63% return, which is significantly higher than FTGS's 3.22% return.
FCNKX
- 1D
- -2.11%
- 1M
- 2.00%
- YTD
- 8.63%
- 6M
- 7.74%
- 1Y
- 22.87%
- 3Y*
- 26.80%
- 5Y*
- 15.03%
- 10Y*
- 18.47%
FTGS
- 1D
- -0.71%
- 1M
- -0.63%
- YTD
- 3.22%
- 6M
- 1.98%
- 1Y
- 10.78%
- 3Y*
- 17.19%
- 5Y*
- —
- 10Y*
- —
FCNKX vs. FTGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FCNKX Fidelity Contrafund | 8.63% | 21.88% | 36.08% | 39.50% | -3.64% |
FTGS First Trust Growth Strength ETF | 3.22% | 12.78% | 15.76% | 33.69% | 1.09% |
Correlation
The correlation between FCNKX and FTGS is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2022 | 0.82 |
The correlation between FCNKX and FTGS has been stable across timeframes, ranging from 0.72 to 0.82 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FCNKX vs. FTGS — Risk / Return Rank
FCNKX
FTGS
FCNKX vs. FTGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund (FCNKX) and First Trust Growth Strength ETF (FTGS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCNKX | FTGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.14 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 1.14 | +1.01 |
| Martin ratioReturn relative to average drawdown | 9.00 | 3.81 | +5.19 |
Loading charts...
Drawdowns
FCNKX vs. FTGS - Drawdown Comparison
The maximum FCNKX drawdown since its inception was -46.44%, which is greater than FTGS's maximum drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for FCNKX and FTGS.
Loading charts...
Drawdown Indicators
| FCNKX | FTGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.44% | -19.99% | -26.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -9.47% | -1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -19.73% | -19.99% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -31.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.77% | — | — |
Current DrawdownCurrent decline from peak | -2.61% | -3.53% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -2.74% | -4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.83% | -0.13% |
Volatility
FCNKX vs. FTGS - Volatility Comparison
Fidelity Contrafund (FCNKX) has a higher volatility of 6.34% compared to First Trust Growth Strength ETF (FTGS) at 4.38%. This indicates that FCNKX's price experiences larger fluctuations and is considered to be riskier than FTGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCNKX | FTGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.34% | 4.38% | +1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 11.95% | 10.67% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.13% | 13.49% | +1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.29% | 17.12% | +2.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.74% | 17.12% | +2.62% |
FCNKX vs. FTGS - Expense Ratio Comparison
FCNKX has a 0.74% expense ratio, which is higher than FTGS's 0.60% expense ratio.
Dividends
FCNKX vs. FTGS - Dividend Comparison
FCNKX's dividend yield for the trailing twelve months is around 4.28%, more than FTGS's 0.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNKX Fidelity Contrafund | 4.28% | 5.18% | 4.28% | 4.31% | 13.69% | 10.77% | 8.00% | 4.15% | 9.14% | 6.09% | 3.92% | 4.47% |
FTGS First Trust Growth Strength ETF | 0.09% | 0.16% | 0.39% | 0.62% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FCNKX and FTGS have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCNKX has higher volatility (6.34%) compared to FTGS (4.38%). In terms of maximum drawdown, FCNKX dropped -46.44% vs FTGS's -19.99%.
FCNKX currently has the higher Sharpe Ratio (1.61 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FCNKX and FTGS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer