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

Correlation

The correlation between FCNTX and VGT is 0.87, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

FCNTX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Contrafund Fund (FCNTX) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

800.00%900.00%1,000.00%1,100.00%1,200.00%1,300.00%1,400.00%1,500.00%NovemberDecember2025FebruaryMarchApril
902.99%
1,241.63%
FCNTX
VGT

Key characteristics

Sharpe Ratio

FCNTX:

0.38

VGT:

0.37

Sortino Ratio

FCNTX:

0.67

VGT:

0.71

Omega Ratio

FCNTX:

1.09

VGT:

1.10

Calmar Ratio

FCNTX:

0.42

VGT:

0.41

Martin Ratio

FCNTX:

1.43

VGT:

1.41

Ulcer Index

FCNTX:

5.84%

VGT:

7.90%

Daily Std Dev

FCNTX:

22.21%

VGT:

29.95%

Max Drawdown

FCNTX:

-48.74%

VGT:

-54.63%

Current Drawdown

FCNTX:

-11.32%

VGT:

-15.44%

Returns By Period

In the year-to-date period, FCNTX achieves a -4.42% return, which is significantly higher than VGT's -11.99% return. Over the past 10 years, FCNTX has underperformed VGT with an annualized return of 12.72%, while VGT has yielded a comparatively higher 18.91% annualized return.


FCNTX

YTD

-4.42%

1M

0.50%

6M

-6.11%

1Y

9.18%

5Y*

16.01%

10Y*

12.72%

VGT

YTD

-11.99%

1M

0.61%

6M

-8.98%

1Y

9.04%

5Y*

19.52%

10Y*

18.91%

*Annualized

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FCNTX vs. VGT - Expense Ratio Comparison

FCNTX has a 0.39% expense ratio, which is higher than VGT's 0.10% expense ratio.


Expense ratio chart for FCNTX: current value is 0.39%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FCNTX: 0.39%
Expense ratio chart for VGT: current value is 0.10%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VGT: 0.10%

Risk-Adjusted Performance

FCNTX vs. VGT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCNTX
The Risk-Adjusted Performance Rank of FCNTX is 5151
Overall Rank
The Sharpe Ratio Rank of FCNTX is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of FCNTX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of FCNTX is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FCNTX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FCNTX is 4949
Martin Ratio Rank

VGT
The Risk-Adjusted Performance Rank of VGT is 5252
Overall Rank
The Sharpe Ratio Rank of VGT is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of VGT is 5353
Sortino Ratio Rank
The Omega Ratio Rank of VGT is 5353
Omega Ratio Rank
The Calmar Ratio Rank of VGT is 5656
Calmar Ratio Rank
The Martin Ratio Rank of VGT is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FCNTX vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund Fund (FCNTX) and Vanguard Information Technology ETF (VGT). 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.


The chart of Sharpe ratio for FCNTX, currently valued at 0.38, compared to the broader market-1.000.001.002.003.00
FCNTX: 0.38
VGT: 0.37
The chart of Sortino ratio for FCNTX, currently valued at 0.67, compared to the broader market-2.000.002.004.006.008.00
FCNTX: 0.67
VGT: 0.71
The chart of Omega ratio for FCNTX, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.00
FCNTX: 1.09
VGT: 1.10
The chart of Calmar ratio for FCNTX, currently valued at 0.42, compared to the broader market0.002.004.006.008.0010.00
FCNTX: 0.42
VGT: 0.41
The chart of Martin ratio for FCNTX, currently valued at 1.43, compared to the broader market0.0010.0020.0030.0040.0050.00
FCNTX: 1.43
VGT: 1.41

The current FCNTX Sharpe Ratio is 0.38, which is comparable to the VGT Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of FCNTX and VGT, 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 Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.38
0.37
FCNTX
VGT

Dividends

FCNTX vs. VGT - Dividend Comparison

FCNTX's dividend yield for the trailing twelve months is around 0.06%, less than VGT's 0.58% yield.


TTM20242023202220212020201920182017201620152014
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%
VGT
Vanguard Information Technology ETF
0.58%0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%

Drawdowns

FCNTX vs. VGT - Drawdown Comparison

The maximum FCNTX drawdown since its inception was -48.74%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FCNTX and VGT. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-11.32%
-15.44%
FCNTX
VGT

Volatility

FCNTX vs. VGT - Volatility Comparison

The current volatility for Fidelity Contrafund Fund (FCNTX) is 14.63%, while Vanguard Information Technology ETF (VGT) has a volatility of 19.16%. This indicates that FCNTX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
14.63%
19.16%
FCNTX
VGT