FCNKX vs. VOO
Compare and contrast key facts about Fidelity Contrafund Fund (FCNKX) and Vanguard S&P 500 ETF (VOO).
FCNKX is managed by Fidelity. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCNKX or VOO.
Correlation
The correlation between FCNKX and VOO 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. VOO - Performance Comparison
Key characteristics
FCNKX:
0.20
VOO:
0.33
FCNKX:
0.43
VOO:
0.60
FCNKX:
1.06
VOO:
1.09
FCNKX:
0.21
VOO:
0.33
FCNKX:
0.84
VOO:
1.63
FCNKX:
5.03%
VOO:
3.74%
FCNKX:
21.38%
VOO:
18.30%
FCNKX:
-46.44%
VOO:
-33.99%
FCNKX:
-12.21%
VOO:
-11.15%
Returns By Period
In the year-to-date period, FCNKX achieves a -5.40% return, which is significantly higher than VOO's -7.05% return. Over the past 10 years, FCNKX has underperformed VOO with an annualized return of 7.32%, while VOO has yielded a comparatively higher 11.98% annualized return.
FCNKX
-5.40%
-0.20%
-6.89%
4.56%
10.46%
7.32%
VOO
-7.05%
-2.85%
-5.28%
5.98%
16.13%
11.98%
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FCNKX vs. VOO - Expense Ratio Comparison
FCNKX has a 0.74% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FCNKX vs. VOO — Risk-Adjusted Performance Rank
FCNKX
VOO
FCNKX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNKX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FCNKX's dividend yield for the trailing twelve months is around 0.13%, less than VOO's 1.40% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNKX Fidelity Contrafund Fund | 0.13% | 0.19% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% |
VOO Vanguard S&P 500 ETF | 1.40% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FCNKX vs. VOO - Drawdown Comparison
The maximum FCNKX drawdown since its inception was -46.44%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FCNKX and VOO. For additional features, visit the drawdowns tool.
Volatility
FCNKX vs. VOO - Volatility Comparison
Fidelity Contrafund Fund (FCNKX) has a higher volatility of 13.75% compared to Vanguard S&P 500 ETF (VOO) at 12.91%. This indicates that FCNKX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.