FCNTX vs. IVV
Compare and contrast key facts about Fidelity Contrafund Fund (FCNTX) and iShares Core S&P 500 ETF (IVV).
FCNTX is managed by Fidelity. It was launched on May 17, 1967. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCNTX or IVV.
Correlation
The correlation between FCNTX and IVV is 0.91, 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. IVV - Performance Comparison
Key characteristics
FCNTX:
1.99
IVV:
2.21
FCNTX:
2.68
IVV:
2.92
FCNTX:
1.36
IVV:
1.41
FCNTX:
1.68
IVV:
3.35
FCNTX:
10.64
IVV:
14.00
FCNTX:
3.08%
IVV:
2.01%
FCNTX:
16.47%
IVV:
12.79%
FCNTX:
-48.48%
IVV:
-55.25%
FCNTX:
-4.57%
IVV:
-1.39%
Returns By Period
In the year-to-date period, FCNTX achieves a 2.85% return, which is significantly higher than IVV's 1.97% return. Over the past 10 years, FCNTX has underperformed IVV with an annualized return of 8.54%, while IVV has yielded a comparatively higher 13.35% annualized return.
FCNTX
2.85%
1.98%
6.93%
29.78%
9.06%
8.54%
IVV
1.97%
1.17%
8.43%
25.54%
14.34%
13.35%
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FCNTX vs. IVV - Expense Ratio Comparison
FCNTX has a 0.39% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
FCNTX vs. IVV — Risk-Adjusted Performance Rank
FCNTX
IVV
FCNTX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNTX) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
FCNTX's dividend yield for the trailing twelve months is around 0.08%, less than IVV's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund Fund | 0.08% | 0.08% | 0.48% | 2.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.30% | 0.31% | 7.55% |
IVV iShares Core S&P 500 ETF | 1.27% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
FCNTX vs. IVV - Drawdown Comparison
The maximum FCNTX drawdown since its inception was -48.48%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FCNTX and IVV. For additional features, visit the drawdowns tool.
Volatility
FCNTX vs. IVV - Volatility Comparison
Fidelity Contrafund Fund (FCNTX) has a higher volatility of 5.42% compared to iShares Core S&P 500 ETF (IVV) at 5.04%. This indicates that FCNTX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.