FPI vs. FCNTX
FPI (Farmland Partners Inc.) is a stock, while FCNTX (Fidelity Contrafund) is Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, FPI returned 3.71%/yr vs 17.48%/yr for FCNTX. At a 0.25 correlation, their price movements are largely independent.
Performance
FPI vs. FCNTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FPI achieves a 4.47% return, which is significantly lower than FCNTX's 6.65% return. Over the past 10 years, FPI has underperformed FCNTX with an annualized return of 3.71%, while FCNTX has yielded a comparatively higher 17.48% annualized return.
FPI
- 1D
- 0.91%
- 1M
- -4.04%
- YTD
- 4.47%
- 6M
- 2.38%
- 1Y
- -9.20%
- 3Y*
- -0.15%
- 5Y*
- -0.55%
- 10Y*
- 3.71%
FCNTX
- 1D
- 1.81%
- 1M
- -0.15%
- YTD
- 6.65%
- 6M
- 7.93%
- 1Y
- 20.59%
- 3Y*
- 26.12%
- 5Y*
- 14.41%
- 10Y*
- 17.48%
FPI vs. FCNTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPI Farmland Partners Inc. | 4.47% | -14.11% | 5.66% | 3.99% | 6.09% | 39.70% | 32.09% | 53.84% | -45.13% | -17.84% |
FCNTX Fidelity Contrafund | 6.65% | 21.76% | 36.00% | 38.67% | -28.31% | 24.52% | 32.48% | 30.00% | -3.81% | 32.18% |
Correlation
The correlation between FPI and FCNTX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2014 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FPI vs. FCNTX — Risk / Return Rank
FPI
FCNTX
FPI vs. FCNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Farmland Partners Inc. (FPI) and Fidelity Contrafund (FCNTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FPI | FCNTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.26 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 1.86 | -2.25 |
| Martin ratioReturn relative to average drawdown | -0.82 | 7.80 | -8.62 |
Loading charts...
Drawdowns
FPI vs. FCNTX - Drawdown Comparison
The maximum FPI drawdown since its inception was -59.77%, which is greater than FCNTX's maximum drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FPI and FCNTX.
Loading charts...
Drawdown Indicators
| FPI | FCNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.77% | -49.19% | -10.58% |
Max Drawdown (1Y)Largest decline over 1 year | -23.54% | -11.30% | -12.24% |
Max Drawdown (3Y)Largest decline over 3 years | -23.64% | -19.75% | -3.89% |
Max Drawdown (5Y)Largest decline over 5 years | -39.88% | -32.59% | -7.29% |
Max Drawdown (10Y)Largest decline over 10 years | -57.44% | -32.59% | -24.85% |
Current DrawdownCurrent decline from peak | -23.54% | -2.41% | -21.13% |
Average DrawdownAverage peak-to-trough decline | -23.61% | -8.16% | -15.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.21% | 2.69% | +8.52% |
Volatility
FPI vs. FCNTX - Volatility Comparison
Farmland Partners Inc. (FPI) has a higher volatility of 6.49% compared to Fidelity Contrafund (FCNTX) at 5.07%. This indicates that FPI's price experiences larger fluctuations and is considered to be riskier than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FPI | FCNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 5.07% | +1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 18.58% | 11.16% | +7.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.92% | 14.53% | +8.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.32% | 19.23% | +9.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.64% | 19.71% | +15.93% |
Dividends
FPI vs. FCNTX - Dividend Comparison
FPI's dividend yield for the trailing twelve months is around 4.71%, more than FCNTX's 4.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund | 4.38% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
FPI Farmland Partners Inc. | 4.71% | 4.54% | 11.31% | 3.61% | 1.85% | 1.67% | 2.30% | 2.95% | 7.82% | 5.88% | 4.57% | 4.54% |
Frequently Asked Questions
FPI and FCNTX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FPI has higher volatility (6.49%) compared to FCNTX (5.07%). In terms of maximum drawdown, FPI dropped -59.77% vs FCNTX's -49.19%.
FCNTX currently has the higher Sharpe Ratio (1.45 vs -0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FPI and FCNTX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer