FLCNX vs. VGT
Compare and contrast key facts about Fidelity Contrafund K6 (FLCNX) and Vanguard Information Technology ETF (VGT).
FLCNX is managed by Fidelity. It was launched on May 25, 2017. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCNX or VGT.
Correlation
The correlation between FLCNX and VGT is 0.90, 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. VGT - Performance Comparison
Key characteristics
FLCNX:
0.75
VGT:
0.45
FLCNX:
1.16
VGT:
0.81
FLCNX:
1.17
VGT:
1.11
FLCNX:
0.83
VGT:
0.49
FLCNX:
2.89
VGT:
1.61
FLCNX:
5.80%
VGT:
8.23%
FLCNX:
22.34%
VGT:
29.76%
FLCNX:
-32.55%
VGT:
-54.63%
FLCNX:
-9.00%
VGT:
-13.53%
Returns By Period
In the year-to-date period, FLCNX achieves a -1.77% return, which is significantly higher than VGT's -10.00% return.
FLCNX
-1.77%
13.79%
0.23%
13.41%
16.72%
N/A
VGT
-10.00%
16.78%
-5.73%
8.73%
18.64%
19.01%
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FLCNX vs. VGT - Expense Ratio Comparison
FLCNX has a 0.45% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
FLCNX vs. VGT — Risk-Adjusted Performance Rank
FLCNX
VGT
FLCNX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Contrafund K6 (FLCNX) and Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
FLCNX's dividend yield for the trailing twelve months is around 0.44%, less than VGT's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCNX Fidelity Contrafund K6 | 0.44% | 0.36% | 0.49% | 1.18% | 0.46% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.57% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
FLCNX vs. VGT - Drawdown Comparison
The maximum FLCNX drawdown since its inception was -32.55%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FLCNX and VGT. For additional features, visit the drawdowns tool.
Volatility
FLCNX vs. VGT - Volatility Comparison
The current volatility for Fidelity Contrafund K6 (FLCNX) is 12.18%, while Vanguard Information Technology ETF (VGT) has a volatility of 15.73%. This indicates that FLCNX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.