FFFLX vs. FCNTX
Compare and contrast key facts about Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) and Fidelity Contrafund Fund (FCNTX).
FFFLX is managed by Fidelity. It was launched on Jun 1, 2006. FCNTX is managed by Fidelity. It was launched on May 17, 1967.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFLX or FCNTX.
Correlation
The correlation between FFFLX and FCNTX is 0.93, 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
FFFLX vs. FCNTX - Performance Comparison
Key characteristics
FFFLX:
0.74
FCNTX:
0.69
FFFLX:
1.12
FCNTX:
1.08
FFFLX:
1.16
FCNTX:
1.15
FFFLX:
0.80
FCNTX:
0.77
FFFLX:
3.42
FCNTX:
2.56
FFFLX:
3.53%
FCNTX:
6.02%
FFFLX:
16.42%
FCNTX:
22.17%
FFFLX:
-56.98%
FCNTX:
-48.74%
FFFLX:
-2.88%
FCNTX:
-7.97%
Returns By Period
In the year-to-date period, FFFLX achieves a 3.28% return, which is significantly higher than FCNTX's -0.81% return. Over the past 10 years, FFFLX has underperformed FCNTX with an annualized return of 3.69%, while FCNTX has yielded a comparatively higher 13.12% annualized return.
FFFLX
3.28%
1.76%
2.24%
10.90%
8.02%
3.69%
FCNTX
-0.81%
8.42%
-1.36%
12.46%
16.39%
13.12%
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FFFLX vs. FCNTX - Expense Ratio Comparison
FFFLX has a 1.00% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
FFFLX vs. FCNTX — Risk-Adjusted Performance Rank
FFFLX
FCNTX
FFFLX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) 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.
Dividends
FFFLX vs. FCNTX - Dividend Comparison
FFFLX's dividend yield for the trailing twelve months is around 1.11%, more than FCNTX's 0.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFLX Fidelity Advisor Freedom 2050 Fund Class A | 1.11% | 1.15% | 1.07% | 1.78% | 1.95% | 0.76% | 1.14% | 1.75% | 0.94% | 1.25% | 3.71% | 9.88% |
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% |
Drawdowns
FFFLX vs. FCNTX - Drawdown Comparison
The maximum FFFLX drawdown since its inception was -56.98%, which is greater than FCNTX's maximum drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for FFFLX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
FFFLX vs. FCNTX - Volatility Comparison
The current volatility for Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) is 11.39%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 14.57%. This indicates that FFFLX experiences smaller price fluctuations and is considered to be less risky than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.