FLCNX vs. FCNKX
Compare and contrast key facts about Fidelity Contrafund K6 (FLCNX) and Fidelity Contrafund Fund (FCNKX).
FLCNX is managed by Fidelity. It was launched on May 25, 2017. FCNKX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCNX or FCNKX.
Correlation
The correlation between FLCNX and FCNKX is 0.99, 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. FCNKX - Performance Comparison
Key characteristics
FLCNX:
2.50
FCNKX:
2.09
FLCNX:
3.30
FCNKX:
2.78
FLCNX:
1.46
FCNKX:
1.39
FLCNX:
3.59
FCNKX:
1.52
FLCNX:
15.44
FCNKX:
12.33
FLCNX:
2.55%
FCNKX:
2.74%
FLCNX:
15.71%
FCNKX:
16.18%
FLCNX:
-32.07%
FCNKX:
-46.44%
FLCNX:
-1.36%
FCNKX:
-5.49%
Returns By Period
In the year-to-date period, FLCNX achieves a 38.97% return, which is significantly higher than FCNKX's 33.30% return.
FLCNX
38.97%
2.50%
10.19%
39.33%
17.67%
N/A
FCNKX
33.30%
-1.74%
6.96%
33.71%
10.01%
8.44%
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FLCNX vs. FCNKX - Expense Ratio Comparison
FLCNX has a 0.45% expense ratio, which is lower than FCNKX's 0.74% expense ratio.
Risk-Adjusted Performance
FLCNX vs. FCNKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund K6 (FLCNX) 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.
Dividends
FLCNX vs. FCNKX - Dividend Comparison
FLCNX's dividend yield for the trailing twelve months is around 0.08%, more than FCNKX's 0.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCNX Fidelity Contrafund K6 | 0.08% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
FCNKX Fidelity Contrafund Fund | 0.07% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% | 8.11% |
Drawdowns
FLCNX vs. FCNKX - Drawdown Comparison
The maximum FLCNX drawdown since its inception was -32.07%, smaller than the maximum FCNKX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for FLCNX and FCNKX. For additional features, visit the drawdowns tool.
Volatility
FLCNX vs. FCNKX - Volatility Comparison
The current volatility for Fidelity Contrafund K6 (FLCNX) is 4.50%, while Fidelity Contrafund Fund (FCNKX) has a volatility of 5.56%. This indicates that FLCNX experiences smaller price fluctuations and is considered to be less risky than FCNKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.