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 0.92, 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:
0.43
IVV:
0.55
FCNTX:
0.76
IVV:
0.90
FCNTX:
1.11
IVV:
1.13
FCNTX:
0.49
IVV:
0.57
FCNTX:
1.60
IVV:
2.23
FCNTX:
6.12%
IVV:
4.83%
FCNTX:
22.10%
IVV:
19.30%
FCNTX:
-48.74%
IVV:
-55.25%
FCNTX:
-8.72%
IVV:
-7.59%
Returns By Period
In the year-to-date period, FCNTX achieves a -1.62% return, which is significantly higher than IVV's -3.33% return. Both investments have delivered pretty close results over the past 10 years, with FCNTX having a 12.86% annualized return and IVV not far behind at 12.38%.
FCNTX
-1.62%
14.18%
-6.41%
9.36%
15.30%
12.86%
IVV
-3.33%
13.74%
-4.58%
10.62%
15.86%
12.38%
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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 0.06%, less than IVV's 1.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund Fund | 0.06% | 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 | 1.37% | 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) and iShares Core S&P 500 ETF (IVV) have volatilities of 11.79% and 11.24%, 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.