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FDIKX vs. FCNKX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FDIKX vs. FCNKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Diversified International Fund Class K (FDIKX) and Fidelity Contrafund Fund (FCNKX). The values are adjusted to include any dividend payments, if applicable.

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FDIKX vs. FCNKX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FDIKX
Fidelity Diversified International Fund Class K
-3.67%27.87%6.62%17.84%-23.77%12.92%19.08%29.82%-15.19%25.30%
FCNKX
Fidelity Contrafund Fund
-8.57%21.88%36.08%39.50%-27.44%24.66%32.50%30.18%-2.27%32.20%

Returns By Period

In the year-to-date period, FDIKX achieves a -3.67% return, which is significantly higher than FCNKX's -8.57% return. Over the past 10 years, FDIKX has underperformed FCNKX with an annualized return of 8.13%, while FCNKX has yielded a comparatively higher 16.08% annualized return.


FDIKX

1D
0.15%
1M
-11.86%
YTD
-3.67%
6M
0.58%
1Y
17.11%
3Y*
12.41%
5Y*
5.92%
10Y*
8.13%

FCNKX

1D
-0.22%
1M
-9.39%
YTD
-8.57%
6M
-6.11%
1Y
16.13%
3Y*
23.77%
5Y*
13.27%
10Y*
16.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FDIKX vs. FCNKX - Expense Ratio Comparison

FDIKX has a 0.91% expense ratio, which is higher than FCNKX's 0.74% expense ratio.


Return for Risk

FDIKX vs. FCNKX — Risk / Return Rank

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

FDIKX
FDIKX Risk / Return Rank: 4242
Overall Rank
FDIKX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
FDIKX Sortino Ratio Rank: 4040
Sortino Ratio Rank
FDIKX Omega Ratio Rank: 3838
Omega Ratio Rank
FDIKX Calmar Ratio Rank: 4545
Calmar Ratio Rank
FDIKX Martin Ratio Rank: 4444
Martin Ratio Rank

FCNKX
FCNKX Risk / Return Rank: 4343
Overall Rank
FCNKX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
FCNKX Sortino Ratio Rank: 4545
Sortino Ratio Rank
FCNKX Omega Ratio Rank: 4444
Omega Ratio Rank
FCNKX Calmar Ratio Rank: 4343
Calmar Ratio Rank
FCNKX Martin Ratio Rank: 4141
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDIKX vs. FCNKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund Class K (FDIKX) and Fidelity Contrafund Fund (FCNKX). 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.


FDIKXFCNKXDifference

Sharpe ratio

Return per unit of total volatility

0.85

0.83

+0.02

Sortino ratio

Return per unit of downside risk

1.25

1.30

-0.05

Omega ratio

Gain probability vs. loss probability

1.18

1.18

-0.01

Calmar ratio

Return relative to maximum drawdown

1.13

1.09

+0.03

Martin ratio

Return relative to average drawdown

4.44

4.18

+0.26

FDIKX vs. FCNKX - Sharpe Ratio Comparison

The current FDIKX Sharpe Ratio is 0.85, which is comparable to the FCNKX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FDIKX and FCNKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FDIKXFCNKXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.85

0.83

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.36

0.70

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.49

0.06

+0.43

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.06

+0.16

Correlation

The correlation between FDIKX and FCNKX is 0.79, 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

FDIKX vs. FCNKX - Dividend Comparison

FDIKX's dividend yield for the trailing twelve months is around 11.19%, more than FCNKX's 5.08% yield.


TTM20252024202320222021202020192018201720162015
FDIKX
Fidelity Diversified International Fund Class K
11.19%10.77%4.00%4.40%1.48%10.71%1.07%1.42%7.48%4.23%1.50%0.47%
FCNKX
Fidelity Contrafund Fund
5.08%5.18%4.28%4.31%13.69%10.77%8.00%4.15%9.14%6.09%3.92%4.47%

Drawdowns

FDIKX vs. FCNKX - Drawdown Comparison

The maximum FDIKX drawdown since its inception was -57.95%, smaller than the maximum FCNKX drawdown of -90.08%. Use the drawdown chart below to compare losses from any high point for FDIKX and FCNKX.


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Drawdown Indicators


FDIKXFCNKXDifference

Max Drawdown

Largest peak-to-trough decline

-57.95%

-90.08%

+32.13%

Max Drawdown (1Y)

Largest decline over 1 year

-12.37%

-11.29%

-1.08%

Max Drawdown (5Y)

Largest decline over 5 years

-35.52%

-31.77%

-3.75%

Max Drawdown (10Y)

Largest decline over 10 years

-35.52%

-90.08%

+54.56%

Current Drawdown

Current decline from peak

-12.24%

-11.29%

-0.95%

Average Drawdown

Average peak-to-trough decline

-13.69%

-7.38%

-6.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.23%

3.04%

+0.19%

Volatility

FDIKX vs. FCNKX - Volatility Comparison

Fidelity Diversified International Fund Class K (FDIKX) has a higher volatility of 8.06% compared to Fidelity Contrafund Fund (FCNKX) at 5.29%. This indicates that FDIKX's price experiences larger fluctuations and is considered to be riskier than FCNKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FDIKXFCNKXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.06%

5.29%

+2.77%

Volatility (6M)

Calculated over the trailing 6-month period

12.17%

10.61%

+1.56%

Volatility (1Y)

Calculated over the trailing 1-year period

18.70%

19.72%

-1.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.77%

19.10%

-2.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.79%

288.07%

-271.28%