FSAEX vs. FLCNX
Compare and contrast key facts about Fidelity Series All-Sector Equity Fund (FSAEX) and Fidelity Contrafund K6 (FLCNX).
FSAEX is managed by Fidelity. It was launched on Oct 17, 2008. FLCNX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSAEX or FLCNX.
Key characteristics
| FSAEX | FLCNX | |
|---|---|---|
| YTD Return | 25.72% | 37.19% |
| 1Y Return | 28.62% | 43.58% |
| 3Y Return (Ann) | 0.54% | 10.63% |
| 5Y Return (Ann) | 6.25% | 18.59% |
| Sharpe Ratio | 2.23 | 2.99 |
| Sortino Ratio | 2.92 | 3.97 |
| Omega Ratio | 1.42 | 1.56 |
| Calmar Ratio | 1.39 | 4.16 |
| Martin Ratio | 14.23 | 18.39 |
| Ulcer Index | 2.18% | 2.48% |
| Daily Std Dev | 13.94% | 15.25% |
| Max Drawdown | -50.00% | -32.07% |
| Current Drawdown | -0.37% | -0.35% |
Correlation
The correlation between FSAEX and FLCNX is 0.92, 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
FSAEX vs. FLCNX - Performance Comparison
In the year-to-date period, FSAEX achieves a 25.72% return, which is significantly lower than FLCNX's 37.19% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSAEX vs. FLCNX - Expense Ratio Comparison
FSAEX has a 0.00% expense ratio, which is lower than FLCNX's 0.45% expense ratio.
Risk-Adjusted Performance
FSAEX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series All-Sector Equity Fund (FSAEX) and Fidelity Contrafund K6 (FLCNX). 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
FSAEX vs. FLCNX - Dividend Comparison
FSAEX's dividend yield for the trailing twelve months is around 1.06%, more than FLCNX's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAEX Fidelity Series All-Sector Equity Fund | 1.06% | 1.27% | 1.48% | 1.18% | 1.45% | 1.75% | 2.58% | 1.49% | 1.50% | 3.89% | 11.83% | 10.21% |
FLCNX Fidelity Contrafund K6 | 0.39% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSAEX vs. FLCNX - Drawdown Comparison
The maximum FSAEX drawdown since its inception was -50.00%, which is greater than FLCNX's maximum drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for FSAEX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
FSAEX vs. FLCNX - Volatility Comparison
The current volatility for Fidelity Series All-Sector Equity Fund (FSAEX) is 4.02%, while Fidelity Contrafund K6 (FLCNX) has a volatility of 4.46%. This indicates that FSAEX experiences smaller price fluctuations and is considered to be less risky than FLCNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.