FFNYX vs. FCNTX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and Fidelity Contrafund Fund (FCNTX).

FFNYX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg US Treasury 0-5 Year TIPS Index. It was launched on Nov 4, 2025. FCNTX is managed by Fidelity. It was launched on May 17, 1967.

Performance

FFNYX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and Fidelity Contrafund Fund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

FFNYX vs. FCNTX - Yearly Performance Comparison

	2026 (YTD)
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	-0.10%
FCNTX Fidelity Contrafund Fund	-3.33%

Returns By Period

FFNYX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FCNTX

• 1D: 3.52%
• 1M: -5.86%
• YTD: -5.35%
• 6M: -2.60%
• 1Y: 19.23%
• 3Y*: 24.91%
• 5Y*: 13.21%
• 10Y*: 16.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FFNYX vs. FCNTX - Expense Ratio Comparison

FFNYX has a 0.05% expense ratio, which is lower than FCNTX's 0.39% expense ratio.

FCNTX

Fidelity Contrafund Fund

FFNYX

Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund

Return for Risk

FFNYX vs. FCNTX — Risk / Return Rank

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

FCNTX

FCNTX Risk / Return Rank: 62
FCNTX Sharpe Ratio Rank: 51
FCNTX Sortino Ratio Rank: 57
FCNTX Omega Ratio Rank: 54
FCNTX Calmar Ratio Rank: 75
FCNTX Martin Ratio Rank: 72

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.

FFNYX vs. FCNTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FFNYX	FCNTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.01	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	0.76	-1.75

Correlation

The correlation between FFNYX and FCNTX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FFNYX vs. FCNTX - Dividend Comparison

FFNYX has not paid dividends to shareholders, while FCNTX's dividend yield for the trailing twelve months is around 4.93%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FCNTX Fidelity Contrafund Fund	4.93%	5.21%	4.19%	3.78%	11.87%	10.80%	8.01%	4.16%	7.46%	6.08%	3.81%	5.33%

Drawdowns

FFNYX vs. FCNTX - Drawdown Comparison

The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FFNYX and FCNTX.

Drawdown Indicators

	FFNYX	FCNTX	Difference
Max Drawdown Largest peak-to-trough decline	-0.69%	-49.19%	+48.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.59%	—
Current Drawdown Current decline from peak	-0.30%	-8.18%	+7.88%
Average Drawdown Average peak-to-trough decline	-0.39%	-8.18%	+7.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	FFNYX	FCNTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	19.95%	-17.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	19.19%	-16.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.38%	19.64%	-17.26%