FFTWX vs. FCNTX

Last updated Jun 4, 2026

FFTWX (Fidelity Freedom 2025 Fund) and FCNTX (Fidelity Contrafund) are both mutual funds - FFTWX is a Target Retirement Date fund managed by Fidelity, while FCNTX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, FFTWX returned 8.29%/yr vs 17.43%/yr for FCNTX. Their correlation of 0.87 suggests significant overlap in exposure. FFTWX charges 0.62%/yr vs 0.39%/yr for FCNTX.

Performance

FFTWX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2025 Fund (FFTWX) and Fidelity Contrafund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FFTWX having a 8.11% return and FCNTX slightly lower at 7.76%. Over the past 10 years, FFTWX has underperformed FCNTX with an annualized return of 8.29%, while FCNTX has yielded a comparatively higher 17.43% annualized return.

FFTWX

• 1D: 0.38%
• 1M: 3.06%
• YTD: 8.11%
• 6M: 8.93%
• 1Y: 19.54%
• 3Y*: 13.29%
• 5Y*: 5.88%
• 10Y*: 8.29%

FCNTX

• 1D: -0.23%
• 1M: 3.65%
• YTD: 7.76%
• 6M: 10.05%
• 1Y: 23.72%
• 3Y*: 26.93%
• 5Y*: 15.12%
• 10Y*: 17.43%

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

FFTWX vs. FCNTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFTWX Fidelity Freedom 2025 Fund	8.11%	16.46%	8.20%	14.10%	-16.66%	10.09%	14.70%	19.45%	-5.93%	15.57%
FCNTX Fidelity Contrafund	7.76%	21.76%	36.00%	38.67%	-28.31%	24.52%	32.48%	30.00%	-3.81%	32.18%

Correlation

The correlation between FFTWX and FCNTX is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jan 9, 2003	0.87

The correlation between FFTWX and FCNTX has been stable across timeframes, ranging from 0.78 to 0.87 - a consistent structural relationship.

FFTWX vs. FCNTX - Sectors Allocation Comparison

Sectors	FFTWX	FCNTX
Technology	23.0%	27.0%
Financial Services	17.1%	13.8%
Industrials	15.5%	8.6%
Consumer Cyclical	9.2%	10.1%
Healthcare	8.7%	9.2%
Communication Services	7.7%	21.2%
Basic Materials	5.8%	2.1%
Energy	5.7%	3.6%
Consumer Defensive	4.5%	3.7%
Utilities	1.8%	0.5%
Real Estate	1.1%	0.1%

Return for Risk

FFTWX vs. FCNTX — Risk / Return Rank

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

FFTWX

FFTWX Risk / Return Rank: 70
FFTWX Sharpe Ratio Rank: 72
FFTWX Sortino Ratio Rank: 70
FFTWX Omega Ratio Rank: 73
FFTWX Calmar Ratio Rank: 64
FFTWX Martin Ratio Rank: 70

FCNTX

FCNTX Risk / Return Rank: 35
FCNTX Sharpe Ratio Rank: 35
FCNTX Sortino Ratio Rank: 33
FCNTX Omega Ratio Rank: 34
FCNTX Calmar Ratio Rank: 32
FCNTX Martin Ratio Rank: 42

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.

FFTWX vs. FCNTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2025 Fund (FFTWX) and Fidelity Contrafund (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.

	FFTWX	FCNTX	Difference
Sharpe ratio: Return per unit of total volatility	2.46	1.72	+0.74
Sortino ratio: Return per unit of downside risk	3.49	2.39	+1.10
Omega ratio: Gain probability vs. loss probability	1.48	1.31	+0.18
Calmar ratio: Return relative to maximum drawdown	3.08	2.13	+0.95
Martin ratio: Return relative to average drawdown	13.46	9.04	+4.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FFTWX vs. FCNTX - Sharpe Ratio Comparison

The current FFTWX Sharpe Ratio is 2.46, which is higher than the FCNTX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of FFTWX and FCNTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FFTWX	FCNTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	1.72	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.79	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	0.89	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.78	-0.25

Drawdowns

FFTWX vs. FCNTX - Drawdown Comparison

The maximum FFTWX drawdown since its inception was -47.51%, roughly equal to the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FFTWX and FCNTX.

Drawdown Indicators

	FFTWX	FCNTX	Difference
Max Drawdown Largest peak-to-trough decline	-47.51%	-49.19%	+1.68%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-11.30%	+4.90%
Max Drawdown (3Y) Largest decline over 3 years	-8.87%	-19.75%	+10.88%
Max Drawdown (5Y) Largest decline over 5 years	-23.66%	-32.59%	+8.93%
Max Drawdown (10Y) Largest decline over 10 years	-23.66%	-32.59%	+8.93%
Current Drawdown Current decline from peak	0.00%	-0.53%	+0.53%
Average Drawdown Average peak-to-trough decline	-5.57%	-8.16%	+2.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	2.65%	-1.19%

Volatility

FFTWX vs. FCNTX - Volatility Comparison

The current volatility for Fidelity Freedom 2025 Fund (FFTWX) is 2.96%, while Fidelity Contrafund (FCNTX) has a volatility of 3.26%. This indicates that FFTWX 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.

Volatility by Period

	FFTWX	FCNTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.96%	3.26%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	6.68%	10.48%	-3.80%
Volatility (1Y) Calculated over the trailing 1-year period	8.02%	14.03%	-6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.94%	19.15%	-9.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.09%	19.68%	-9.59%

FFTWX vs. FCNTX - Expense Ratio Comparison

FFTWX has a 0.62% expense ratio, which is higher than FCNTX's 0.39% expense ratio.

Dividends

FFTWX vs. FCNTX - Dividend Comparison

FFTWX's dividend yield for the trailing twelve months is around 6.77%, more than FCNTX's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCNTX Fidelity Contrafund	4.33%	5.21%	4.19%	3.78%	11.87%	10.80%	8.01%	4.16%	7.46%	6.08%	3.81%	5.33%
FFTWX Fidelity Freedom 2025 Fund	6.77%	6.44%	3.74%	2.08%	9.66%	10.38%	5.75%	6.09%	6.39%	3.04%	3.91%	5.60%

Frequently Asked Questions

Can I hold both FFTWX and FCNTX in my portfolio?

FFTWX and FCNTX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFTWX or FCNTX?

FCNTX has higher volatility (3.26%) compared to FFTWX (2.96%). In terms of maximum drawdown, FFTWX dropped -47.51% vs FCNTX's -49.19%.

Which has better risk-adjusted returns?

FFTWX currently has the higher Sharpe Ratio (2.46 vs 1.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.