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FCNTX vs. HIACX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FCNTX vs. HIACX

Last updated Apr 16, 2026

FCNTX (Fidelity Contrafund Fund) and HIACX (Hartford Capital Appreciation HLS Fund) are both mutual funds — FCNTX is a Large Cap Growth Equities fund managed by Fidelity, while HIACX is a Large Cap Blend Equities fund managed by Hartford. Over the past 10 years, FCNTX returned 16.94%/yr vs 12.03%/yr for HIACX. Their correlation of 0.80 suggests significant overlap in exposure. FCNTX charges 0.39%/yr vs 0.67%/yr for HIACX.

Performance

FCNTX vs. HIACX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Contrafund Fund (FCNTX) and Hartford Capital Appreciation HLS Fund (HIACX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FCNTX achieves a 2.81% return, which is significantly higher than HIACX's 0.73% return. Over the past 10 years, FCNTX has outperformed HIACX with an annualized return of 16.94%, while HIACX has yielded a comparatively lower 12.03% annualized return.

FCNTX

1D
1.63%
1M
5.01%
YTD
2.81%
6M
6.10%
1Y
34.37%
3Y*
27.55%
5Y*
14.06%
10Y*
16.94%

HIACX

1D
1.19%
1M
4.64%
YTD
0.73%
6M
4.22%
1Y
26.74%
3Y*
16.15%
5Y*
8.16%
10Y*
12.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FCNTX vs. HIACX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FCNTX
Fidelity Contrafund Fund		2.81%21.76%36.00%38.67%-28.31%24.52%32.48%30.00%-3.81%32.18%
HIACX
Hartford Capital Appreciation HLS Fund		0.73%13.68%21.26%20.01%-15.73%14.85%21.82%31.00%-7.15%22.13%

Correlation

The correlation between FCNTX and HIACX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.87

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Apr 2, 1984

0.80

The correlation between FCNTX and HIACX shifts across timeframes, from 0.80 (all time) to 0.91 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Contrafund Fund

Hartford Capital Appreciation HLS Fund

Often compared with FCNTX:
FCNTX vs. VOOFCNTX vs. FXAIXFCNTX vs. FLCNXFCNTX vs. FDGFXFCNTX vs. FOCPXFCNTX vs. SCHDFCNTX vs. VFINX
Often compared with HIACX:
HIACX vs. VOOHIACX vs. FLCPXHIACX vs. SEMNXHIACX vs. FEQHXHIACX vs. DHAMXHIACX vs. GQEIXHIACX vs. FNSTX

Return for Risk

FCNTX vs. HIACX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FCNTX
FCNTX Risk / Return Rank: 4747
Overall Rank
FCNTX Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
FCNTX Sortino Ratio Rank: 4141
Sortino Ratio Rank
FCNTX Omega Ratio Rank: 4040
Omega Ratio Rank
FCNTX Calmar Ratio Rank: 5454
Calmar Ratio Rank
FCNTX Martin Ratio Rank: 5959
Martin Ratio Rank
HIACX
HIACX Risk / Return Rank: 3838
Overall Rank
HIACX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
HIACX Sortino Ratio Rank: 3434
Sortino Ratio Rank
HIACX Omega Ratio Rank: 3535
Omega Ratio Rank
HIACX Calmar Ratio Rank: 3939
Calmar Ratio Rank
HIACX Martin Ratio Rank: 4545
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCNTX vs. HIACX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNTX) and Hartford Capital Appreciation HLS Fund (HIACX). 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.

FCNTXHIACXDifference

Sharpe ratio

Return per unit of total volatility

2.22

2.02

+0.20

Sortino ratio

Return per unit of downside risk

3.10

2.85

+0.25

Omega ratio

Gain probability vs. loss probability

1.40

1.38

+0.03

Calmar ratio

Return relative to maximum drawdown

3.21

2.81

+0.40

Martin ratio

Return relative to average drawdown

13.53

11.62

+1.92

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCNTX vs. HIACX - Sharpe Ratio Comparison

The current FCNTX Sharpe Ratio is 2.22, which is comparable to the HIACX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of FCNTX and HIACX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FCNTXHIACXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.22

2.02

+0.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.49

+0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.86

0.68

+0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.77

0.01

+0.76

Drawdowns

FCNTX vs. HIACX - Drawdown Comparison

The maximum FCNTX drawdown since its inception was -49.19%, smaller than the maximum HIACX drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for FCNTX and HIACX.

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Drawdown Indicators

FCNTXHIACXDifference

Max Drawdown

Largest peak-to-trough decline

-49.19%

-93.13%

+43.94%

Max Drawdown (1Y)

Largest decline over 1 year

-11.30%

-10.56%

-0.74%

Max Drawdown (5Y)

Largest decline over 5 years

-32.59%

-25.19%

-7.40%

Max Drawdown (10Y)

Largest decline over 10 years

-32.59%

-35.33%

+2.74%

Current Drawdown

Current decline from peak

-0.27%

-1.52%

+1.25%

Average Drawdown

Average peak-to-trough decline

-8.18%

-24.97%

+16.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.68%

2.56%

+0.12%

Volatility

FCNTX vs. HIACX - Volatility Comparison

Fidelity Contrafund Fund (FCNTX) has a higher volatility of 6.87% compared to Hartford Capital Appreciation HLS Fund (HIACX) at 5.53%. This indicates that FCNTX's price experiences larger fluctuations and is considered to be riskier than HIACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FCNTXHIACXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.87%

5.53%

+1.34%

Volatility (6M)

Calculated over the trailing 6-month period

11.33%

9.69%

+1.64%

Volatility (1Y)

Calculated over the trailing 1-year period

15.48%

13.22%

+2.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.22%

16.76%

+2.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.67%

17.86%

+1.81%

FCNTX vs. HIACX - Expense Ratio Comparison

FCNTX has a 0.39% expense ratio, which is lower than HIACX's 0.67% expense ratio.

Dividends

FCNTX vs. HIACX - Dividend Comparison

FCNTX's dividend yield for the trailing twelve months is around 4.54%, less than HIACX's 12.86% yield.

TTM20252024202320222021202020192018201720162015
FCNTX
Fidelity Contrafund Fund		4.54%5.21%4.19%3.78%11.87%10.80%8.01%4.16%7.46%6.08%3.81%5.33%
HIACX
Hartford Capital Appreciation HLS Fund		12.86%12.96%4.89%2.43%16.98%9.56%7.62%12.43%13.46%6.53%11.26%24.92%