PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FLCNX vs. FOKFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FLCNX vs. FOKFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Contrafund K6 (FLCNX) and Fidelity OTC K6 Portfolio (FOKFX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
11.82%
6.15%
FLCNX
FOKFX

Returns By Period

In the year-to-date period, FLCNX achieves a 35.58% return, which is significantly higher than FOKFX's 26.35% return.


FLCNX

YTD

35.58%

1M

2.16%

6M

11.82%

1Y

40.19%

5Y (annualized)

18.24%

10Y (annualized)

N/A

FOKFX

YTD

26.35%

1M

1.76%

6M

6.15%

1Y

31.20%

5Y (annualized)

18.20%

10Y (annualized)

N/A

Key characteristics


FLCNXFOKFX
Sharpe Ratio2.621.70
Sortino Ratio3.502.28
Omega Ratio1.491.31
Calmar Ratio3.672.14
Martin Ratio16.066.39
Ulcer Index2.50%4.89%
Daily Std Dev15.35%18.32%
Max Drawdown-32.07%-37.76%
Current Drawdown-1.51%-3.74%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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.

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.


Sharpe ratio
The chart of Sharpe ratio for FLCNX, currently valued at 2.62, compared to the broader market-1.000.001.002.003.004.005.002.621.70
The chart of Sortino ratio for FLCNX, currently valued at 3.50, compared to the broader market0.005.0010.003.502.28
The chart of Omega ratio for FLCNX, currently valued at 1.49, compared to the broader market1.002.003.004.001.491.31
The chart of Calmar ratio for FLCNX, currently valued at 3.67, compared to the broader market0.005.0010.0015.0020.003.672.14
The chart of Martin ratio for FLCNX, currently valued at 16.06, compared to the broader market0.0020.0040.0060.0080.00100.0016.066.39
FLCNX
FOKFX

The current FLCNX Sharpe Ratio is 2.62, which is higher than the FOKFX Sharpe Ratio of 1.70. 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
2.62
1.70
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
-1.51%
-3.74%
FLCNX
FOKFX

Volatility

FLCNX vs. FOKFX - Volatility Comparison

The current volatility for Fidelity Contrafund K6 (FLCNX) is 4.86%, while Fidelity OTC K6 Portfolio (FOKFX) has a volatility of 5.48%. 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
4.86%
5.48%
FLCNX
FOKFX