FSLBX vs. FCNTX
FSLBX (Fidelity Select Brokerage & Invmt Mgmt Portfolio) and FCNTX (Fidelity Contrafund) are both mutual funds - FSLBX is a Financials Equities fund managed by Fidelity, while FCNTX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, FSLBX returned 15.09%/yr vs 17.05%/yr for FCNTX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. FSLBX charges 0.75%/yr vs 0.39%/yr for FCNTX.
Performance
FSLBX vs. FCNTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSLBX achieves a -7.19% return, which is significantly lower than FCNTX's 6.89% return. Over the past 10 years, FSLBX has underperformed FCNTX with an annualized return of 15.09%, while FCNTX has yielded a comparatively higher 17.05% annualized return.
FSLBX
- 1D
- 0.32%
- 1M
- 4.59%
- 6M
- -5.69%
- YTD
- -7.19%
- 1Y
- -10.01%
- 3Y*
- 15.07%
- 5Y*
- 9.05%
- 10Y*
- 15.09%
- ALL TIME*
- 11.28%
FCNTX
- 1D
- 1.21%
- 1M
- -2.67%
- 6M
- 4.74%
- YTD
- 6.89%
- 1Y
- 15.13%
- 3Y*
- 23.50%
- 5Y*
- 13.38%
- 10Y*
- 17.05%
- ALL TIME*
- 13.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
FCNTX Fidelity Contrafund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
FSLBX vs. FCNTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio | -7.19% | 5.78% | 35.74% | 27.77% | -17.54% | 40.61% | 22.66% | 31.60% | -15.37% | 27.74% |
FCNTX Fidelity Contrafund | 6.89% | 21.76% | 36.00% | 38.67% | -28.31% | 24.52% | 32.48% | 30.00% | -3.81% | 32.18% |
Correlation
The correlation between FSLBX and FCNTX is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 1985 | 0.75 |
Over the past year, the correlation between FSLBX and FCNTX has dropped to 0.53 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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
FSLBX vs. FCNTX — Risk / Return Rank
FSLBX
FCNTX
FSLBX vs. FCNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) 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.
| FSLBX | FCNTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.15 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 1.14 | -1.64 |
| Martin ratioReturn relative to average drawdown | -0.93 | 4.43 | -5.36 |
Loading charts...
Drawdowns
FSLBX vs. FCNTX - Drawdown Comparison
The maximum FSLBX drawdown since its inception was -68.20%, which is greater than FCNTX's maximum drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FSLBX and FCNTX.
Loading charts...
Drawdown Indicators
| FSLBX | FCNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.20% | -49.19% | -19.01% |
Max Drawdown (1Y)Largest decline over 1 year | -24.67% | -11.30% | -13.37% |
Max Drawdown (3Y)Largest decline over 3 years | -26.06% | -19.75% | -6.31% |
Max Drawdown (5Y)Largest decline over 5 years | -30.87% | -32.59% | +1.72% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -32.59% | -7.97% |
Current DrawdownCurrent decline from peak | -13.38% | -4.14% | -9.24% |
Average DrawdownAverage peak-to-trough decline | -14.88% | -8.14% | -6.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.43% | 2.91% | +10.52% |
Volatility
FSLBX vs. FCNTX - Volatility Comparison
Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) has a higher volatility of 5.74% compared to Fidelity Contrafund (FCNTX) at 4.09%. This indicates that FSLBX'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
| FSLBX | FCNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 4.09% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 17.49% | 12.28% | +5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.23% | 15.50% | +6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.06% | 19.37% | +3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.53% | 19.74% | +3.79% |
FSLBX vs. FCNTX - Expense Ratio Comparison
FSLBX has a 0.75% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Dividends
FSLBX vs. FCNTX - Dividend Comparison
FSLBX's dividend yield for the trailing twelve months is around 2.11%, less than FCNTX's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund | 4.37% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio | 2.11% | 0.67% | 0.69% | 1.22% | 2.09% | 1.39% | 3.08% | 4.25% | 8.94% | 5.46% | 1.25% | 6.37% |
Frequently Asked Questions
FSLBX and FCNTX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSLBX has higher volatility (5.74%) compared to FCNTX (4.09%). In terms of maximum drawdown, FSLBX dropped -68.20% vs FCNTX's -49.19%.
FCNTX currently has the higher Sharpe Ratio (0.84 vs -0.56), 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 FSLBX 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