FCNTX vs. FLCNX
Compare and contrast key facts about Fidelity Contrafund Fund (FCNTX) and Fidelity Contrafund K6 (FLCNX).
FCNTX is managed by Fidelity. It was launched on May 17, 1967. FLCNX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCNTX or FLCNX.
Correlation
The correlation between FCNTX and FLCNX is 0.99, 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
FCNTX vs. FLCNX - Performance Comparison
Key characteristics
FCNTX:
2.08
FLCNX:
2.42
FCNTX:
2.77
FLCNX:
3.20
FCNTX:
1.39
FLCNX:
1.45
FCNTX:
1.49
FLCNX:
3.46
FCNTX:
12.39
FLCNX:
14.90
FCNTX:
2.71%
FLCNX:
2.54%
FCNTX:
16.12%
FLCNX:
15.68%
FCNTX:
-48.74%
FLCNX:
-32.07%
FCNTX:
-6.48%
FLCNX:
-3.36%
Returns By Period
In the year-to-date period, FCNTX achieves a 31.85% return, which is significantly lower than FLCNX's 36.15% return.
FCNTX
31.85%
-2.53%
5.31%
32.34%
9.68%
8.27%
FLCNX
36.15%
0.67%
8.63%
36.62%
17.38%
N/A
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FCNTX vs. FLCNX - Expense Ratio Comparison
FCNTX has a 0.39% expense ratio, which is lower than FLCNX's 0.45% expense ratio.
Risk-Adjusted Performance
FCNTX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNTX) 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.
Dividends
FCNTX vs. FLCNX - Dividend Comparison
FCNTX's dividend yield for the trailing twelve months is around 0.02%, less than FLCNX's 0.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund Fund | 0.02% | 0.48% | 2.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.30% | 0.31% | 7.55% | 7.89% |
FLCNX Fidelity Contrafund K6 | 0.08% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCNTX vs. FLCNX - Drawdown Comparison
The maximum FCNTX drawdown since its inception was -48.74%, which is greater than FLCNX's maximum drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for FCNTX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
FCNTX vs. FLCNX - Volatility Comparison
Fidelity Contrafund Fund (FCNTX) has a higher volatility of 5.45% compared to Fidelity Contrafund K6 (FLCNX) at 4.30%. This indicates that FCNTX's price experiences larger fluctuations and is considered to be riskier than FLCNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.