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FLCNX vs. FGKFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLCNXFGKFX
YTD Return37.36%38.53%
1Y Return45.87%52.60%
3Y Return (Ann)10.71%7.98%
5Y Return (Ann)18.86%23.93%
Sharpe Ratio3.142.86
Sortino Ratio4.143.62
Omega Ratio1.581.50
Calmar Ratio4.392.96
Martin Ratio19.4015.38
Ulcer Index2.48%3.60%
Daily Std Dev15.28%19.34%
Max Drawdown-32.07%-41.65%
Current Drawdown-0.22%-0.13%

Correlation

-0.50.00.51.00.9

The correlation between FLCNX and FGKFX 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

FLCNX vs. FGKFX - Performance Comparison

The year-to-date returns for both investments are quite close, with FLCNX having a 37.36% return and FGKFX slightly higher at 38.53%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.90%
18.84%
FLCNX
FGKFX

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FLCNX vs. FGKFX - Expense Ratio Comparison

Both FLCNX and FGKFX have an expense ratio of 0.45%.


FLCNX
Fidelity Contrafund K6
Expense ratio chart for FLCNX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for FGKFX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

FLCNX vs. FGKFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund K6 (FLCNX) and Fidelity Growth Company K6 Fund (FGKFX). 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.


FLCNX
Sharpe ratio
The chart of Sharpe ratio for FLCNX, currently valued at 3.14, compared to the broader market0.002.004.003.14
Sortino ratio
The chart of Sortino ratio for FLCNX, currently valued at 4.14, compared to the broader market0.005.0010.004.14
Omega ratio
The chart of Omega ratio for FLCNX, currently valued at 1.58, compared to the broader market1.002.003.004.001.58
Calmar ratio
The chart of Calmar ratio for FLCNX, currently valued at 4.39, compared to the broader market0.005.0010.0015.0020.0025.004.39
Martin ratio
The chart of Martin ratio for FLCNX, currently valued at 19.40, compared to the broader market0.0020.0040.0060.0080.00100.0019.40
FGKFX
Sharpe ratio
The chart of Sharpe ratio for FGKFX, currently valued at 2.86, compared to the broader market0.002.004.002.86
Sortino ratio
The chart of Sortino ratio for FGKFX, currently valued at 3.62, compared to the broader market0.005.0010.003.62
Omega ratio
The chart of Omega ratio for FGKFX, currently valued at 1.50, compared to the broader market1.002.003.004.001.50
Calmar ratio
The chart of Calmar ratio for FGKFX, currently valued at 2.96, compared to the broader market0.005.0010.0015.0020.0025.002.96
Martin ratio
The chart of Martin ratio for FGKFX, currently valued at 15.38, compared to the broader market0.0020.0040.0060.0080.00100.0015.38

FLCNX vs. FGKFX - Sharpe Ratio Comparison

The current FLCNX Sharpe Ratio is 3.14, which is comparable to the FGKFX Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of FLCNX and FGKFX, 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 Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.14
2.86
FLCNX
FGKFX

Dividends

FLCNX vs. FGKFX - Dividend Comparison

FLCNX's dividend yield for the trailing twelve months is around 0.39%, more than FGKFX's 0.07% yield.


TTM2023202220212020201920182017
FLCNX
Fidelity Contrafund K6
0.39%0.49%0.62%0.20%0.21%0.30%0.33%0.15%
FGKFX
Fidelity Growth Company K6 Fund
0.07%0.10%0.18%0.00%0.09%0.06%0.00%0.00%

Drawdowns

FLCNX vs. FGKFX - Drawdown Comparison

The maximum FLCNX drawdown since its inception was -32.07%, smaller than the maximum FGKFX drawdown of -41.65%. Use the drawdown chart below to compare losses from any high point for FLCNX and FGKFX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.22%
-0.13%
FLCNX
FGKFX

Volatility

FLCNX vs. FGKFX - Volatility Comparison

The current volatility for Fidelity Contrafund K6 (FLCNX) is 4.61%, while Fidelity Growth Company K6 Fund (FGKFX) has a volatility of 5.33%. This indicates that FLCNX experiences smaller price fluctuations and is considered to be less risky than FGKFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.61%
5.33%
FLCNX
FGKFX