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FCNTX vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FCNTX vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Contrafund Fund (FCNTX) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

500.00%550.00%600.00%650.00%JuneJulyAugustSeptemberOctoberNovember
625.56%
555.11%
FCNTX
IVV

Returns By Period

In the year-to-date period, FCNTX achieves a 33.71% return, which is significantly higher than IVV's 24.49% return. Over the past 10 years, FCNTX has underperformed IVV with an annualized return of 8.68%, while IVV has yielded a comparatively higher 13.10% annualized return.


FCNTX

YTD

33.71%

1M

-0.51%

6M

11.68%

1Y

35.97%

5Y (annualized)

10.04%

10Y (annualized)

8.68%

IVV

YTD

24.49%

1M

0.61%

6M

11.39%

1Y

31.99%

5Y (annualized)

15.29%

10Y (annualized)

13.10%

Key characteristics


FCNTXIVV
Sharpe Ratio2.362.64
Sortino Ratio3.193.54
Omega Ratio1.441.49
Calmar Ratio0.393.82
Martin Ratio14.7117.27
Ulcer Index2.50%1.86%
Daily Std Dev15.58%12.17%
Max Drawdown-99.90%-55.25%
Current Drawdown-90.71%-2.15%

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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.


FCNTX
Fidelity Contrafund Fund
Expense ratio chart for FCNTX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%
Expense ratio chart for IVV: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.9

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.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FCNTX, currently valued at 2.36, compared to the broader market0.002.004.002.362.64
The chart of Sortino ratio for FCNTX, currently valued at 3.19, compared to the broader market0.005.0010.003.193.54
The chart of Omega ratio for FCNTX, currently valued at 1.44, compared to the broader market1.002.003.004.001.441.49
The chart of Calmar ratio for FCNTX, currently valued at 1.53, compared to the broader market0.005.0010.0015.0020.0025.001.533.82
The chart of Martin ratio for FCNTX, currently valued at 14.71, compared to the broader market0.0020.0040.0060.0080.00100.0014.7117.27
FCNTX
IVV

The current FCNTX Sharpe Ratio is 2.36, which is comparable to the IVV Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of FCNTX and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.36
2.64
FCNTX
IVV

Dividends

FCNTX vs. IVV - Dividend Comparison

FCNTX's dividend yield for the trailing twelve months is around 0.38%, less than IVV's 1.26% yield.


TTM20232022202120202019201820172016201520142013
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%
IVV
iShares Core S&P 500 ETF
1.26%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

FCNTX vs. IVV - Drawdown Comparison

The maximum FCNTX drawdown since its inception was -99.90%, which is greater than IVV's maximum 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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.89%
-2.15%
FCNTX
IVV

Volatility

FCNTX vs. IVV - Volatility Comparison

Fidelity Contrafund Fund (FCNTX) has a higher volatility of 4.93% compared to iShares Core S&P 500 ETF (IVV) at 4.08%. 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.93%
4.08%
FCNTX
IVV