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FLCNX vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLCNX and BRK-B is 0.55, 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.


-0.50.00.51.00.5

Performance

FLCNX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Contrafund K6 (FLCNX) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
10.04%
11.80%
FLCNX
BRK-B

Key characteristics

Sharpe Ratio

FLCNX:

2.50

BRK-B:

1.98

Sortino Ratio

FLCNX:

3.30

BRK-B:

2.78

Omega Ratio

FLCNX:

1.46

BRK-B:

1.36

Calmar Ratio

FLCNX:

3.59

BRK-B:

3.78

Martin Ratio

FLCNX:

15.44

BRK-B:

9.14

Ulcer Index

FLCNX:

2.55%

BRK-B:

3.14%

Daily Std Dev

FLCNX:

15.71%

BRK-B:

14.51%

Max Drawdown

FLCNX:

-32.07%

BRK-B:

-53.86%

Current Drawdown

FLCNX:

-1.36%

BRK-B:

-5.06%

Returns By Period

In the year-to-date period, FLCNX achieves a 38.97% return, which is significantly higher than BRK-B's 28.60% return.


FLCNX

YTD

38.97%

1M

2.50%

6M

10.19%

1Y

39.33%

5Y*

17.67%

10Y*

N/A

BRK-B

YTD

28.60%

1M

-3.76%

6M

11.60%

1Y

28.67%

5Y*

15.20%

10Y*

11.75%

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Risk-Adjusted Performance

FLCNX vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund K6 (FLCNX) and Berkshire Hathaway Inc. (BRK-B). 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.


Sharpe ratio
The chart of Sharpe ratio for FLCNX, currently valued at 2.50, compared to the broader market-1.000.001.002.003.004.002.501.98
The chart of Sortino ratio for FLCNX, currently valued at 3.30, compared to the broader market-2.000.002.004.006.008.0010.003.302.78
The chart of Omega ratio for FLCNX, currently valued at 1.46, compared to the broader market0.501.001.502.002.503.003.501.461.36
The chart of Calmar ratio for FLCNX, currently valued at 3.59, compared to the broader market0.002.004.006.008.0010.0012.0014.003.593.78
The chart of Martin ratio for FLCNX, currently valued at 15.44, compared to the broader market0.0020.0040.0060.0015.449.14
FLCNX
BRK-B

The current FLCNX Sharpe Ratio is 2.50, which is comparable to the BRK-B Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of FLCNX and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.50
1.98
FLCNX
BRK-B

Dividends

FLCNX vs. BRK-B - Dividend Comparison

FLCNX's dividend yield for the trailing twelve months is around 0.08%, while BRK-B has not paid dividends to shareholders.


TTM2023202220212020201920182017
FLCNX
Fidelity Contrafund K6
0.08%0.49%0.62%0.20%0.21%0.30%0.33%0.15%
BRK-B
Berkshire Hathaway Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FLCNX vs. BRK-B - Drawdown Comparison

The maximum FLCNX drawdown since its inception was -32.07%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for FLCNX and BRK-B. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.36%
-5.06%
FLCNX
BRK-B

Volatility

FLCNX vs. BRK-B - Volatility Comparison

Fidelity Contrafund K6 (FLCNX) has a higher volatility of 4.50% compared to Berkshire Hathaway Inc. (BRK-B) at 3.74%. This indicates that FLCNX's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.50%
3.74%
FLCNX
BRK-B
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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