FCNKX vs. QQQ

In the year-to-date period, FCNKX achieves a 2.78% return, which is significantly higher than QQQ's -0.24% return. Over the past 10 years, FCNKX has underperformed QQQ with an annualized return of 15.21%, while QQQ has yielded a comparatively higher 17.56% annualized return.

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FCNKX has a 0.74% expense ratio, which is higher than QQQ's 0.20% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNKX) and Invesco QQQ (QQQ). 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 0.76, which is higher than the QQQ Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of FCNKX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FCNKX's dividend yield for the trailing twelve months is around 4.90%, more than QQQ's 0.59% yield.

The maximum FCNKX drawdown since its inception was -46.44%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FCNKX and QQQ.

The current volatility for Fidelity Contrafund Fund (FCNKX) is 4.88%, while Invesco QQQ (QQQ) has a volatility of 5.25%. This indicates that FCNKX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.