FGDDX vs. FCNTX

Last updated Jun 23, 2026

FGDDX (Fidelity Advisor Dividend Growth Fund Class A) and FCNTX (Fidelity Contrafund) are both mutual funds - FGDDX is a Large Cap Blend Equities fund actively managed by Fidelity, while FCNTX is a Large Cap Growth Equities fund managed by Fidelity. Their correlation of 0.85 suggests significant overlap in exposure. FGDDX charges 1.16%/yr vs 0.39%/yr for FCNTX.

Performance

FGDDX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Dividend Growth Fund Class A (FGDDX) and Fidelity Contrafund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGDDX

• 1D: 1.72%
• 1M: 3.25%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FCNTX

• 1D: 1.24%
• 1M: 4.18%
• YTD: 10.97%
• 6M: 10.79%
• 1Y: 26.78%
• 3Y*: 27.28%
• 5Y*: 15.45%
• 10Y*: 17.96%

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

FGDDX vs. FCNTX - Yearly Performance Comparison

	2026 (YTD)
FGDDX Fidelity Advisor Dividend Growth Fund Class A	16.36%
FCNTX Fidelity Contrafund	14.80%

Correlation

The correlation between FGDDX and FCNTX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.85

Return for Risk

FGDDX vs. FCNTX — Risk / Return Rank

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

FGDDX

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

FCNTX

FCNTX Risk / Return Rank: 42
FCNTX Sharpe Ratio Rank: 41
FCNTX Sortino Ratio Rank: 39
FCNTX Omega Ratio Rank: 40
FCNTX Calmar Ratio Rank: 41
FCNTX Martin Ratio Rank: 50

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.

FGDDX vs. FCNTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Dividend Growth Fund Class A (FGDDX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FGDDX	FCNTX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.75	—
Sortino ratio: Return per unit of downside risk	—	2.41	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.31	—
Martin ratio: Return relative to average drawdown	—	9.69	—

Drawdowns

FGDDX vs. FCNTX - Drawdown Comparison

The maximum FGDDX drawdown since its inception was -5.73%, smaller than the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FGDDX and FCNTX.

Drawdown Indicators

	FGDDX	FCNTX	Difference
Max Drawdown Largest peak-to-trough decline	-5.73%	-49.19%	+43.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.75%	—
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	0.00%	-0.48%	+0.48%
Average Drawdown Average peak-to-trough decline	-1.14%	-8.15%	+7.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.69%	—

Volatility

Volatility by Period

	FGDDX	FCNTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.50%	14.92%	+3.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.50%	19.30%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.50%	19.74%	-1.24%

FGDDX vs. FCNTX - Expense Ratio Comparison

FGDDX has a 1.16% expense ratio, which is higher than FCNTX's 0.39% expense ratio.

Dividends

FGDDX vs. FCNTX - Dividend Comparison

FGDDX's dividend yield for the trailing twelve months is around 0.15%, less than FCNTX's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCNTX Fidelity Contrafund	4.21%	5.21%	4.19%	3.78%	11.87%	10.80%	8.01%	4.16%	7.46%	6.08%	3.81%	5.33%
FGDDX Fidelity Advisor Dividend Growth Fund Class A	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FGDDX and FCNTX in my portfolio?

FGDDX and FCNTX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.