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.
Performance
FCNTX vs. IVV - Performance Comparison
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
33.71%
-0.51%
11.68%
35.97%
10.04%
8.68%
IVV
24.49%
0.61%
11.39%
31.99%
15.29%
13.10%
Key characteristics
FCNTX | IVV | |
---|---|---|
Sharpe Ratio | 2.36 | 2.64 |
Sortino Ratio | 3.19 | 3.54 |
Omega Ratio | 1.44 | 1.49 |
Calmar Ratio | 0.39 | 3.82 |
Martin Ratio | 14.71 | 17.27 |
Ulcer Index | 2.50% | 1.86% |
Daily Std Dev | 15.58% | 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.
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.
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.
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.