FGKFX vs. FLCNX
Compare and contrast key facts about Fidelity Growth Company K6 Fund (FGKFX) and Fidelity Contrafund K6 (FLCNX).
FGKFX is managed by Fidelity. It was launched on Jun 13, 2019. FLCNX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGKFX or FLCNX.
Key characteristics
| FGKFX | FLCNX | |
|---|---|---|
| YTD Return | 38.13% | 37.19% |
| 1Y Return | 48.45% | 43.58% |
| 3Y Return (Ann) | 7.85% | 10.63% |
| 5Y Return (Ann) | 23.56% | 18.59% |
| Sharpe Ratio | 2.69 | 2.99 |
| Sortino Ratio | 3.44 | 3.97 |
| Omega Ratio | 1.48 | 1.56 |
| Calmar Ratio | 3.06 | 4.16 |
| Martin Ratio | 14.44 | 18.39 |
| Ulcer Index | 3.60% | 2.48% |
| Daily Std Dev | 19.31% | 15.25% |
| Max Drawdown | -41.65% | -32.07% |
| Current Drawdown | -0.42% | -0.35% |
Correlation
The correlation between FGKFX and FLCNX is 0.94, 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
FGKFX vs. FLCNX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FGKFX having a 38.13% return and FLCNX slightly lower at 37.19%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGKFX vs. FLCNX - Expense Ratio Comparison
Both FGKFX and FLCNX have an expense ratio of 0.45%.
Risk-Adjusted Performance
FGKFX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Company K6 Fund (FGKFX) and Fidelity Contrafund K6 (FLCNX). 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
FGKFX vs. FLCNX - Dividend Comparison
FGKFX's dividend yield for the trailing twelve months is around 0.07%, less than FLCNX's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FGKFX Fidelity Growth Company K6 Fund | 0.07% | 0.10% | 0.18% | 0.00% | 0.09% | 0.06% | 0.00% | 0.00% |
FLCNX Fidelity Contrafund K6 | 0.39% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% |
Drawdowns
FGKFX vs. FLCNX - Drawdown Comparison
The maximum FGKFX drawdown since its inception was -41.65%, which is greater than FLCNX's maximum drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for FGKFX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
FGKFX vs. FLCNX - Volatility Comparison
Fidelity Growth Company K6 Fund (FGKFX) has a higher volatility of 5.12% compared to Fidelity Contrafund K6 (FLCNX) at 4.46%. This indicates that FGKFX's price experiences larger fluctuations and is considered to be riskier than FLCNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.