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FIWDX vs. FCNTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIWDX vs. FCNTX - Performance Comparison

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

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FIWDX vs. FCNTX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FIWDX
Fidelity Advisor Strategic Income Fund Class Z
-0.22%8.98%6.07%9.20%-11.76%3.51%7.60%11.20%-1.63%
FCNTX
Fidelity Contrafund Fund
-5.35%21.76%36.00%38.67%-28.31%24.52%32.48%30.00%-11.96%

Returns By Period

In the year-to-date period, FIWDX achieves a -0.22% return, which is significantly higher than FCNTX's -5.35% return.


FIWDX

1D
0.59%
1M
-1.80%
YTD
-0.22%
6M
0.92%
1Y
7.49%
3Y*
6.88%
5Y*
2.86%
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)

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FIWDX vs. FCNTX - Expense Ratio Comparison

FIWDX has a 0.61% expense ratio, which is higher than FCNTX's 0.39% expense ratio.


Return for Risk

FIWDX vs. FCNTX — Risk / Return Rank

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

FIWDX
FIWDX Risk / Return Rank: 9494
Overall Rank
FIWDX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
FIWDX Sortino Ratio Rank: 9595
Sortino Ratio Rank
FIWDX Omega Ratio Rank: 9393
Omega Ratio Rank
FIWDX Calmar Ratio Rank: 9494
Calmar Ratio Rank
FIWDX Martin Ratio Rank: 9393
Martin Ratio Rank

FCNTX
FCNTX Risk / Return Rank: 6262
Overall Rank
FCNTX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
FCNTX Sortino Ratio Rank: 5757
Sortino Ratio Rank
FCNTX Omega Ratio Rank: 5454
Omega Ratio Rank
FCNTX Calmar Ratio Rank: 7575
Calmar Ratio Rank
FCNTX Martin Ratio Rank: 7272
Martin Ratio Rank
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.

FIWDX vs. FCNTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class Z (FIWDX) 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.


FIWDXFCNTXDifference

Sharpe ratio

Return per unit of total volatility

2.24

1.01

+1.22

Sortino ratio

Return per unit of downside risk

3.15

1.56

+1.59

Omega ratio

Gain probability vs. loss probability

1.46

1.22

+0.23

Calmar ratio

Return relative to maximum drawdown

3.15

1.79

+1.36

Martin ratio

Return relative to average drawdown

12.15

6.87

+5.29

FIWDX vs. FCNTX - Sharpe Ratio Comparison

The current FIWDX Sharpe Ratio is 2.24, which is higher than the FCNTX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of FIWDX and FCNTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIWDXFCNTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.24

1.01

+1.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

0.69

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.76

+0.09

Correlation

The correlation between FIWDX and FCNTX is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FIWDX vs. FCNTX - Dividend Comparison

FIWDX's dividend yield for the trailing twelve months is around 4.09%, less than FCNTX's 4.93% yield.


TTM20252024202320222021202020192018201720162015
FIWDX
Fidelity Advisor Strategic Income Fund Class Z
4.09%4.39%4.21%4.02%2.99%4.28%4.62%4.39%1.13%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

FIWDX vs. FCNTX - Drawdown Comparison

The maximum FIWDX drawdown since its inception was -15.96%, smaller than the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FIWDX and FCNTX.


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Drawdown Indicators


FIWDXFCNTXDifference

Max Drawdown

Largest peak-to-trough decline

-15.96%

-49.19%

+33.23%

Max Drawdown (1Y)

Largest decline over 1 year

-2.61%

-11.30%

+8.69%

Max Drawdown (5Y)

Largest decline over 5 years

-15.96%

-32.59%

+16.63%

Max Drawdown (10Y)

Largest decline over 10 years

-32.59%

Current Drawdown

Current decline from peak

-2.04%

-8.18%

+6.14%

Average Drawdown

Average peak-to-trough decline

-3.27%

-8.18%

+4.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.68%

2.95%

-2.27%

Volatility

FIWDX vs. FCNTX - Volatility Comparison

The current volatility for Fidelity Advisor Strategic Income Fund Class Z (FIWDX) is 1.65%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 6.51%. This indicates that FIWDX 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.


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Volatility by Period


FIWDXFCNTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.65%

6.51%

-4.86%

Volatility (6M)

Calculated over the trailing 6-month period

2.36%

11.12%

-8.76%

Volatility (1Y)

Calculated over the trailing 1-year period

3.55%

19.95%

-16.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.45%

19.19%

-14.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.88%

19.64%

-14.76%