FLCNX vs. FBGRX
Compare and contrast key facts about Fidelity Contrafund K6 (FLCNX) and Fidelity Blue Chip Growth Fund (FBGRX).
FLCNX is managed by Fidelity. It was launched on May 25, 2017. FBGRX is managed by Fidelity. It was launched on Dec 31, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCNX or FBGRX.
Key characteristics
| FLCNX | FBGRX | |
|---|---|---|
| YTD Return | 37.40% | 37.52% |
| 1Y Return | 45.85% | 49.62% |
| 3Y Return (Ann) | 10.71% | 7.18% |
| 5Y Return (Ann) | 18.82% | 18.64% |
| Sharpe Ratio | 3.01 | 2.56 |
| Sortino Ratio | 3.99 | 3.30 |
| Omega Ratio | 1.56 | 1.46 |
| Calmar Ratio | 4.19 | 2.52 |
| Martin Ratio | 18.51 | 12.46 |
| Ulcer Index | 2.48% | 3.97% |
| Daily Std Dev | 15.25% | 19.31% |
| Max Drawdown | -32.07% | -57.42% |
| Current Drawdown | -0.19% | -0.11% |
Correlation
The correlation between FLCNX and FBGRX is 0.95, 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
FLCNX vs. FBGRX - Performance Comparison
The year-to-date returns for both investments are quite close, with FLCNX having a 37.40% return and FBGRX slightly higher at 37.52%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLCNX vs. FBGRX - Expense Ratio Comparison
FLCNX has a 0.45% expense ratio, which is lower than FBGRX's 0.79% expense ratio.
Risk-Adjusted Performance
FLCNX vs. FBGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund K6 (FLCNX) and Fidelity Blue Chip Growth Fund (FBGRX). 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
FLCNX vs. FBGRX - Dividend Comparison
FLCNX's dividend yield for the trailing twelve months is around 0.39%, less than FBGRX's 5.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCNX Fidelity Contrafund K6 | 0.39% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
FBGRX Fidelity Blue Chip Growth Fund | 5.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.09% | 0.22% | 5.07% | 6.08% | 7.80% |
Drawdowns
FLCNX vs. FBGRX - Drawdown Comparison
The maximum FLCNX drawdown since its inception was -32.07%, smaller than the maximum FBGRX drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for FLCNX and FBGRX. For additional features, visit the drawdowns tool.
Volatility
FLCNX vs. FBGRX - Volatility Comparison
The current volatility for Fidelity Contrafund K6 (FLCNX) is 4.60%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 5.35%. This indicates that FLCNX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.