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:
0.10
IVV:
0.34
FCNTX:
0.25
IVV:
0.53
FCNTX:
1.03
IVV:
1.07
FCNTX:
0.12
IVV:
0.41
FCNTX:
0.40
IVV:
1.59
FCNTX:
4.50%
IVV:
3.13%
FCNTX:
18.27%
IVV:
14.66%
FCNTX:
-48.74%
IVV:
-55.25%
FCNTX:
-15.12%
IVV:
-12.03%
Returns By Period
In the year-to-date period, FCNTX achieves a -8.51% return, which is significantly lower than IVV's -7.97% return. Both investments have delivered pretty close results over the past 10 years, with FCNTX having a 12.11% annualized return and IVV not far behind at 11.97%.
FCNTX
-8.51%
-7.77%
-8.28%
1.11%
18.31%
12.11%
IVV
-7.97%
-6.55%
-4.71%
4.86%
18.57%
11.97%
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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 0.07%, less than IVV's 1.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund Fund | 0.07% | 0.08% | 0.48% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 5.54% | 0.30% | 0.31% | 7.55% |
IVV iShares Core S&P 500 ETF | 1.43% | 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 -48.74%, 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 8.77% compared to iShares Core S&P 500 ETF (IVV) at 7.32%. 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.