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:
2.17
VOO:
2.22
FCNKX:
2.87
VOO:
2.95
FCNKX:
1.40
VOO:
1.42
FCNKX:
1.57
VOO:
3.27
FCNKX:
12.71
VOO:
14.57
FCNKX:
2.76%
VOO:
1.90%
FCNKX:
16.17%
VOO:
12.47%
FCNKX:
-46.44%
VOO:
-33.99%
FCNKX:
-4.57%
VOO:
-1.77%
Returns By Period
In the year-to-date period, FCNKX achieves a 34.60% return, which is significantly higher than VOO's 26.92% return. Over the past 10 years, FCNKX has underperformed VOO with an annualized return of 8.54%, while VOO has yielded a comparatively higher 13.12% annualized return.
FCNKX
34.60%
-0.78%
6.78%
35.02%
10.05%
8.54%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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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 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 0.07%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNKX Fidelity Contrafund Fund | 0.07% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% | 8.11% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
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 5.66% compared to Vanguard S&P 500 ETF (VOO) at 3.77%. 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.