FFDKX vs. FCNKX
Compare and contrast key facts about Fidelity Fund Class K (FFDKX) and Fidelity Contrafund Fund (FCNKX).
FFDKX is managed by Fidelity. It was launched on May 9, 2008. FCNKX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFDKX or FCNKX.
Correlation
The correlation between FFDKX and FCNKX is 0.96, 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
FFDKX vs. FCNKX - Performance Comparison
Key characteristics
FFDKX:
1.45
FCNKX:
1.47
FFDKX:
1.96
FCNKX:
2.00
FFDKX:
1.27
FCNKX:
1.27
FFDKX:
2.06
FCNKX:
1.90
FFDKX:
7.79
FCNKX:
7.55
FFDKX:
2.95%
FCNKX:
3.13%
FFDKX:
15.88%
FCNKX:
16.12%
FFDKX:
-52.63%
FCNKX:
-46.44%
FFDKX:
-1.77%
FCNKX:
-1.74%
Returns By Period
In the year-to-date period, FFDKX achieves a 4.08% return, which is significantly lower than FCNKX's 5.88% return. Over the past 10 years, FFDKX has outperformed FCNKX with an annualized return of 9.57%, while FCNKX has yielded a comparatively lower 8.64% annualized return.
FFDKX
4.08%
-0.11%
8.75%
23.86%
13.49%
9.57%
FCNKX
5.88%
1.82%
8.83%
24.80%
9.49%
8.64%
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FFDKX vs. FCNKX - Expense Ratio Comparison
FFDKX has a 0.38% expense ratio, which is lower than FCNKX's 0.74% expense ratio.
Risk-Adjusted Performance
FFDKX vs. FCNKX — Risk-Adjusted Performance Rank
FFDKX
FCNKX
FFDKX vs. FCNKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fund Class K (FFDKX) 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.
Dividends
FFDKX vs. FCNKX - Dividend Comparison
FFDKX has not paid dividends to shareholders, while FCNKX's dividend yield for the trailing twelve months is around 0.11%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFDKX Fidelity Fund Class K | 0.00% | 0.00% | 0.73% | 0.74% | 0.33% | 0.84% | 0.91% | 1.19% | 1.09% | 1.16% | 5.32% | 12.54% |
FCNKX Fidelity Contrafund Fund | 0.11% | 0.19% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% |
Drawdowns
FFDKX vs. FCNKX - Drawdown Comparison
The maximum FFDKX drawdown since its inception was -52.63%, which is greater than FCNKX's maximum drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for FFDKX and FCNKX. For additional features, visit the drawdowns tool.
Volatility
FFDKX vs. FCNKX - Volatility Comparison
Fidelity Fund Class K (FFDKX) has a higher volatility of 4.94% compared to Fidelity Contrafund Fund (FCNKX) at 4.30%. This indicates that FFDKX'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.