FGDKX vs. FCNKX
Compare and contrast key facts about Fidelity Growth Discovery Fund Class K (FGDKX) and Fidelity Contrafund Fund (FCNKX).
FGDKX is managed by Fidelity. It was launched on May 9, 2008. FCNKX is managed by Fidelity.
Performance
FGDKX vs. FCNKX - Performance Comparison
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FGDKX vs. FCNKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGDKX Fidelity Growth Discovery Fund Class K | -5.37% | 15.23% | 30.30% | 35.73% | -24.34% | 23.03% | 43.54% | 33.91% | -0.20% | 34.68% |
FCNKX Fidelity Contrafund Fund | -5.37% | 21.88% | 36.08% | 39.50% | -27.44% | 24.66% | 32.50% | 30.18% | -2.27% | 32.20% |
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with FGDKX at -5.37% and FCNKX at -5.37%. Both investments have delivered pretty close results over the past 10 years, with FGDKX having a 17.09% annualized return and FCNKX not far behind at 16.48%.
FGDKX
- 1D
- 4.32%
- 1M
- -5.35%
- YTD
- -5.37%
- 6M
- -4.80%
- 1Y
- 18.23%
- 3Y*
- 20.53%
- 5Y*
- 11.37%
- 10Y*
- 17.09%
FCNKX
- 1D
- 3.50%
- 1M
- -5.88%
- YTD
- -5.37%
- 6M
- -2.55%
- 1Y
- 19.31%
- 3Y*
- 25.20%
- 5Y*
- 13.66%
- 10Y*
- 16.48%
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FGDKX vs. FCNKX - Expense Ratio Comparison
FGDKX has a 0.68% expense ratio, which is lower than FCNKX's 0.74% expense ratio.
Return for Risk
FGDKX vs. FCNKX — Risk / Return Rank
FGDKX
FCNKX
FGDKX vs. FCNKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund Class K (FGDKX) 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.
| FGDKX | FCNKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 1.02 | -0.16 |
Sortino ratioReturn per unit of downside risk | 1.35 | 1.57 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.22 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.22 | 1.54 | -0.31 |
Martin ratioReturn relative to average drawdown | 4.39 | 5.88 | -1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FGDKX | FCNKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 1.02 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.72 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.06 | +0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.06 | +0.52 |
Correlation
The correlation between FGDKX and FCNKX is 0.97, 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.
Dividends
FGDKX vs. FCNKX - Dividend Comparison
FGDKX's dividend yield for the trailing twelve months is around 1.74%, less than FCNKX's 4.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGDKX Fidelity Growth Discovery Fund Class K | 1.74% | 1.65% | 12.82% | 2.63% | 3.69% | 13.53% | 9.71% | 4.37% | 5.13% | 4.92% | 0.15% | 0.28% |
FCNKX Fidelity Contrafund Fund | 4.91% | 5.18% | 4.28% | 4.31% | 13.69% | 10.77% | 8.00% | 4.15% | 9.14% | 6.09% | 3.92% | 4.47% |
Drawdowns
FGDKX vs. FCNKX - Drawdown Comparison
The maximum FGDKX drawdown since its inception was -55.39%, smaller than the maximum FCNKX drawdown of -90.08%. Use the drawdown chart below to compare losses from any high point for FGDKX and FCNKX.
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Drawdown Indicators
| FGDKX | FCNKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.39% | -90.08% | +34.69% |
Max Drawdown (1Y)Largest decline over 1 year | -13.05% | -11.29% | -1.76% |
Max Drawdown (5Y)Largest decline over 5 years | -29.75% | -31.77% | +2.02% |
Max Drawdown (10Y)Largest decline over 10 years | -31.09% | -90.08% | +58.99% |
Current DrawdownCurrent decline from peak | -8.74% | -8.19% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -8.74% | -7.38% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 2.95% | +0.68% |
Volatility
FGDKX vs. FCNKX - Volatility Comparison
Fidelity Growth Discovery Fund Class K (FGDKX) has a higher volatility of 7.78% compared to Fidelity Contrafund Fund (FCNKX) at 6.58%. This indicates that FGDKX'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.
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Volatility by Period
| FGDKX | FCNKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.78% | 6.58% | +1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 13.34% | 11.17% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.22% | 19.98% | +2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.34% | 19.16% | +1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.53% | 288.07% | -267.54% |