FCNTX vs. SSPIX
Compare and contrast key facts about Fidelity Contrafund Fund (FCNTX) and SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX).
FCNTX is managed by Fidelity. It was launched on May 17, 1967. SSPIX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Feb 28, 1996.
Performance
FCNTX vs. SSPIX - Performance Comparison
Loading graphics...
FCNTX vs. SSPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund Fund | -5.35% | 21.76% | 36.00% | 38.67% | -28.31% | 24.52% | 32.48% | 30.00% | -3.81% | 32.18% |
SSPIX SEI Institutional Managed Trust S&P 500 Index Fund | -4.43% | 17.44% | 24.60% | 26.00% | -18.52% | 28.56% | 18.13% | 31.25% | -4.61% | 20.83% |
Returns By Period
In the year-to-date period, FCNTX achieves a -5.35% return, which is significantly lower than SSPIX's -4.43% return. Over the past 10 years, FCNTX has outperformed SSPIX with an annualized return of 16.03%, while SSPIX has yielded a comparatively lower 13.69% annualized return.
FCNTX
- 1D
- 3.52%
- 1M
- -5.86%
- YTD
- -5.35%
- 6M
- -2.60%
- 1Y
- 19.23%
- 3Y*
- 24.91%
- 5Y*
- 13.21%
- 10Y*
- 16.03%
SSPIX
- 1D
- 2.93%
- 1M
- -5.04%
- YTD
- -4.43%
- 6M
- -2.38%
- 1Y
- 16.90%
- 3Y*
- 17.93%
- 5Y*
- 11.44%
- 10Y*
- 13.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCNTX vs. SSPIX - Expense Ratio Comparison
FCNTX has a 0.39% expense ratio, which is higher than SSPIX's 0.25% expense ratio.
Return for Risk
FCNTX vs. SSPIX — Risk / Return Rank
FCNTX
SSPIX
FCNTX vs. SSPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNTX) and SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX). 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.
| FCNTX | SSPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.01 | 0.95 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.46 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.22 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.48 | +0.31 |
Martin ratioReturn relative to average drawdown | 6.87 | 7.08 | -0.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FCNTX | SSPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 0.95 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.62 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.73 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.48 | +0.28 |
Correlation
The correlation between FCNTX and SSPIX 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.
Dividends
FCNTX vs. SSPIX - Dividend Comparison
FCNTX's dividend yield for the trailing twelve months is around 4.93%, less than SSPIX's 9.32% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund Fund | 4.93% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
SSPIX SEI Institutional Managed Trust S&P 500 Index Fund | 9.32% | 8.91% | 12.73% | 4.51% | 10.84% | 7.47% | 6.18% | 4.46% | 4.37% | 1.96% | 4.62% | 1.77% |
Drawdowns
FCNTX vs. SSPIX - Drawdown Comparison
The maximum FCNTX drawdown since its inception was -49.19%, smaller than the maximum SSPIX drawdown of -55.66%. Use the drawdown chart below to compare losses from any high point for FCNTX and SSPIX.
Loading graphics...
Drawdown Indicators
| FCNTX | SSPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.19% | -55.66% | +6.47% |
Max Drawdown (1Y)Largest decline over 1 year | -11.30% | -12.14% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -32.59% | -25.65% | -6.94% |
Max Drawdown (10Y)Largest decline over 10 years | -32.59% | -33.82% | +1.23% |
Current DrawdownCurrent decline from peak | -8.18% | -6.30% | -1.88% |
Average DrawdownAverage peak-to-trough decline | -8.18% | -10.56% | +2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 2.54% | +0.41% |
Volatility
FCNTX vs. SSPIX - Volatility Comparison
Fidelity Contrafund Fund (FCNTX) has a higher volatility of 6.51% compared to SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) at 5.34%. This indicates that FCNTX's price experiences larger fluctuations and is considered to be riskier than SSPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FCNTX | SSPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 5.34% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 11.12% | 9.55% | +1.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.95% | 18.33% | +1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.19% | 18.47% | +0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 18.87% | +0.77% |