FDESX vs. FLCNX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Contrafund K6 (FLCNX).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. FLCNX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDESX or FLCNX.
Correlation
The correlation between FDESX and FLCNX is 0.95, 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
FDESX vs. FLCNX - Performance Comparison
Key characteristics
FDESX:
-0.47
FLCNX:
0.28
FDESX:
-0.49
FLCNX:
0.54
FDESX:
0.92
FLCNX:
1.08
FDESX:
-0.37
FLCNX:
0.31
FDESX:
-1.11
FLCNX:
1.20
FDESX:
10.08%
FLCNX:
5.19%
FDESX:
23.63%
FLCNX:
21.94%
FDESX:
-62.75%
FLCNX:
-32.55%
FDESX:
-25.72%
FLCNX:
-16.21%
Returns By Period
In the year-to-date period, FDESX achieves a -12.58% return, which is significantly lower than FLCNX's -9.55% return.
FDESX
-12.58%
-7.25%
-22.31%
-8.75%
5.57%
3.71%
FLCNX
-9.55%
-7.04%
-8.90%
8.98%
15.82%
N/A
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FDESX vs. FLCNX - Expense Ratio Comparison
Both FDESX and FLCNX have an expense ratio of 0.45%.
Risk-Adjusted Performance
FDESX vs. FLCNX — Risk-Adjusted Performance Rank
FDESX
FLCNX
FDESX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Contrafund K6 (FLCNX). 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
FDESX vs. FLCNX - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 0.65%, more than FLCNX's 0.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 0.65% | 0.57% | 0.57% | 0.87% | 0.59% | 0.52% | 0.82% | 0.82% | 1.36% | 1.63% | 1.78% | 11.34% |
FLCNX Fidelity Contrafund K6 | 0.30% | 0.36% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDESX vs. FLCNX - Drawdown Comparison
The maximum FDESX drawdown since its inception was -62.75%, which is greater than FLCNX's maximum drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for FDESX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
FDESX vs. FLCNX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Contrafund K6 (FLCNX) have volatilities of 13.69% and 14.31%, 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.