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.
Performance
FCNTX vs. FLCNX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FCNTX having a 33.71% return and FLCNX slightly lower at 33.63%.
FCNTX
33.71%
-0.51%
11.68%
35.97%
10.04%
8.68%
FLCNX
33.63%
0.00%
11.57%
39.79%
17.93%
N/A
Key characteristics
| FCNTX | FLCNX | |
|---|---|---|
| Sharpe Ratio | 2.36 | 2.62 |
| Sortino Ratio | 3.19 | 3.51 |
| Omega Ratio | 1.44 | 1.49 |
| Calmar Ratio | 0.39 | 3.68 |
| Martin Ratio | 14.71 | 16.20 |
| Ulcer Index | 2.50% | 2.49% |
| Daily Std Dev | 15.58% | 15.36% |
| Max Drawdown | -99.90% | -32.07% |
| Current Drawdown | -90.71% | -2.93% |
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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.
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.
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 0.38%, less than FLCNX's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund Fund | 0.38% | 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 | 0.40% | 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 -99.90%, 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) and Fidelity Contrafund K6 (FLCNX) have volatilities of 4.93% and 4.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.