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FEDGX vs. FCNTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FEDGX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX) and Fidelity Contrafund Fund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

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FEDGX vs. FCNTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FEDGX
Fidelity Advisor Emerging Markets Discovery Fund Class C
3.88%30.50%-4.59%19.45%-12.76%5.51%15.73%18.27%-19.70%35.93%
FCNTX
Fidelity Contrafund Fund
-8.57%21.76%36.00%38.67%-28.31%24.52%32.48%30.00%-3.81%32.18%

Returns By Period

In the year-to-date period, FEDGX achieves a 3.88% return, which is significantly higher than FCNTX's -8.57% return. Over the past 10 years, FEDGX has underperformed FCNTX with an annualized return of 8.45%, while FCNTX has yielded a comparatively higher 15.63% annualized return.


FEDGX

1D
-0.77%
1M
-9.27%
YTD
3.88%
6M
9.76%
1Y
33.85%
3Y*
13.78%
5Y*
6.60%
10Y*
8.45%

FCNTX

1D
-0.22%
1M
-9.40%
YTD
-8.57%
6M
-6.17%
1Y
16.04%
3Y*
23.48%
5Y*
12.82%
10Y*
15.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FEDGX vs. FCNTX - Expense Ratio Comparison

FEDGX has a 2.25% expense ratio, which is higher than FCNTX's 0.39% expense ratio.


Return for Risk

FEDGX vs. FCNTX — Risk / Return Rank

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

FEDGX
FEDGX Risk / Return Rank: 9494
Overall Rank
FEDGX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FEDGX Sortino Ratio Rank: 9393
Sortino Ratio Rank
FEDGX Omega Ratio Rank: 9292
Omega Ratio Rank
FEDGX Calmar Ratio Rank: 9494
Calmar Ratio Rank
FEDGX Martin Ratio Rank: 9494
Martin Ratio Rank

FCNTX
FCNTX Risk / Return Rank: 4444
Overall Rank
FCNTX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FCNTX Sortino Ratio Rank: 4545
Sortino Ratio Rank
FCNTX Omega Ratio Rank: 4444
Omega Ratio Rank
FCNTX Calmar Ratio Rank: 4848
Calmar Ratio Rank
FCNTX Martin Ratio Rank: 4646
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.

FEDGX vs. FCNTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX) and Fidelity Contrafund Fund (FCNTX). 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.


FEDGXFCNTXDifference

Sharpe ratio

Return per unit of total volatility

2.29

0.83

+1.47

Sortino ratio

Return per unit of downside risk

2.88

1.30

+1.59

Omega ratio

Gain probability vs. loss probability

1.43

1.18

+0.25

Calmar ratio

Return relative to maximum drawdown

3.05

1.17

+1.87

Martin ratio

Return relative to average drawdown

11.96

4.57

+7.39

FEDGX vs. FCNTX - Sharpe Ratio Comparison

The current FEDGX Sharpe Ratio is 2.29, which is higher than the FCNTX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FEDGX and FCNTX, 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


FEDGXFCNTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.29

0.83

+1.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.67

-0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.80

-0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.76

-0.31

Correlation

The correlation between FEDGX and FCNTX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FEDGX vs. FCNTX - Dividend Comparison

FEDGX's dividend yield for the trailing twelve months is around 3.66%, less than FCNTX's 5.10% yield.


TTM20252024202320222021202020192018201720162015
FEDGX
Fidelity Advisor Emerging Markets Discovery Fund Class C
3.66%3.81%3.01%1.09%0.57%10.88%0.00%0.00%0.49%1.54%0.58%0.00%
FCNTX
Fidelity Contrafund Fund
5.10%5.21%4.19%3.78%11.87%10.80%8.01%4.16%7.46%6.08%3.81%5.33%

Drawdowns

FEDGX vs. FCNTX - Drawdown Comparison

The maximum FEDGX drawdown since its inception was -44.26%, smaller than the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FEDGX and FCNTX.


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Drawdown Indicators


FEDGXFCNTXDifference

Max Drawdown

Largest peak-to-trough decline

-44.26%

-49.19%

+4.93%

Max Drawdown (1Y)

Largest decline over 1 year

-9.97%

-11.30%

+1.33%

Max Drawdown (5Y)

Largest decline over 5 years

-28.29%

-32.59%

+4.30%

Max Drawdown (10Y)

Largest decline over 10 years

-44.26%

-32.59%

-11.67%

Current Drawdown

Current decline from peak

-9.66%

-11.30%

+1.64%

Average Drawdown

Average peak-to-trough decline

-9.62%

-8.18%

-1.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.54%

2.90%

-0.36%

Volatility

FEDGX vs. FCNTX - Volatility Comparison

Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX) has a higher volatility of 6.45% compared to Fidelity Contrafund Fund (FCNTX) at 5.19%. This indicates that FEDGX's price experiences larger fluctuations and is considered to be riskier than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FEDGXFCNTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.45%

5.19%

+1.26%

Volatility (6M)

Calculated over the trailing 6-month period

9.75%

10.56%

-0.81%

Volatility (1Y)

Calculated over the trailing 1-year period

14.39%

19.69%

-5.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.98%

19.13%

-5.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.64%

19.61%

-3.97%