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

Key characteristics


FLCNXFOKFX
YTD Return37.40%29.14%
1Y Return45.85%38.38%
3Y Return (Ann)10.71%6.71%
5Y Return (Ann)18.82%18.95%
Sharpe Ratio3.012.08
Sortino Ratio3.992.73
Omega Ratio1.561.38
Calmar Ratio4.192.61
Martin Ratio18.517.84
Ulcer Index2.48%4.85%
Daily Std Dev15.25%18.23%
Max Drawdown-32.07%-37.76%
Current Drawdown-0.19%-1.62%

Correlation

-0.50.00.51.01.0

The correlation between FLCNX and FOKFX is 0.96, 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. FOKFX - Performance Comparison

In the year-to-date period, FLCNX achieves a 37.40% return, which is significantly higher than FOKFX's 29.14% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.31%
10.00%
FLCNX
FOKFX

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FLCNX vs. FOKFX - Expense Ratio Comparison

FLCNX has a 0.45% expense ratio, which is lower than FOKFX's 0.50% expense ratio.


FOKFX
Fidelity OTC K6 Portfolio
Expense ratio chart for FOKFX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
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%

Risk-Adjusted Performance

FLCNX vs. FOKFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund K6 (FLCNX) and Fidelity OTC K6 Portfolio (FOKFX). 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 3.01, compared to the broader market0.002.004.003.01
Sortino ratio
The chart of Sortino ratio for FLCNX, currently valued at 3.99, compared to the broader market0.005.0010.003.99
Omega ratio
The chart of Omega ratio for FLCNX, currently valued at 1.56, compared to the broader market1.002.003.004.001.56
Calmar ratio
The chart of Calmar ratio for FLCNX, currently valued at 4.19, compared to the broader market0.005.0010.0015.0020.004.19
Martin ratio
The chart of Martin ratio for FLCNX, currently valued at 18.51, compared to the broader market0.0020.0040.0060.0080.00100.0018.51
FOKFX
Sharpe ratio
The chart of Sharpe ratio for FOKFX, currently valued at 2.08, compared to the broader market0.002.004.002.08
Sortino ratio
The chart of Sortino ratio for FOKFX, currently valued at 2.73, compared to the broader market0.005.0010.002.73
Omega ratio
The chart of Omega ratio for FOKFX, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for FOKFX, currently valued at 2.61, compared to the broader market0.005.0010.0015.0020.002.61
Martin ratio
The chart of Martin ratio for FOKFX, currently valued at 7.84, compared to the broader market0.0020.0040.0060.0080.00100.007.84

FLCNX vs. FOKFX - Sharpe Ratio Comparison

The current FLCNX Sharpe Ratio is 3.01, which is higher than the FOKFX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FLCNX and FOKFX, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.01
2.08
FLCNX
FOKFX

Dividends

FLCNX vs. FOKFX - Dividend Comparison

FLCNX's dividend yield for the trailing twelve months is around 0.39%, more than FOKFX's 0.21% yield.


TTM2023202220212020201920182017
FLCNX
Fidelity Contrafund K6
0.39%0.49%0.62%0.20%0.21%0.30%0.33%0.15%
FOKFX
Fidelity OTC K6 Portfolio
0.21%0.24%0.08%0.00%0.07%0.11%0.00%0.00%

Drawdowns

FLCNX vs. FOKFX - Drawdown Comparison

The maximum FLCNX drawdown since its inception was -32.07%, smaller than the maximum FOKFX drawdown of -37.76%. Use the drawdown chart below to compare losses from any high point for FLCNX and FOKFX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.19%
-1.62%
FLCNX
FOKFX

Volatility

FLCNX vs. FOKFX - Volatility Comparison

The current volatility for Fidelity Contrafund K6 (FLCNX) is 4.60%, while Fidelity OTC K6 Portfolio (FOKFX) has a volatility of 5.10%. This indicates that FLCNX experiences smaller price fluctuations and is considered to be less risky than FOKFX 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%9.00%JuneJulyAugustSeptemberOctoberNovember
4.60%
5.10%
FLCNX
FOKFX