FSRKX vs. FLCNX
Compare and contrast key facts about Fidelity Strategic Real Return Fund Class K6 (FSRKX) and Fidelity Contrafund K6 (FLCNX).
FSRKX is managed by Fidelity. It was launched on Sep 7, 2005. 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: FSRKX or FLCNX.
Correlation
The correlation between FSRKX and FLCNX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSRKX vs. FLCNX - Performance Comparison
Key characteristics
FSRKX:
0.57
FLCNX:
2.23
FSRKX:
0.76
FLCNX:
2.98
FSRKX:
1.11
FLCNX:
1.41
FSRKX:
0.51
FLCNX:
3.19
FSRKX:
3.15
FLCNX:
13.82
FSRKX:
1.02%
FLCNX:
2.53%
FSRKX:
5.61%
FLCNX:
15.73%
FSRKX:
-19.93%
FLCNX:
-32.07%
FSRKX:
-4.57%
FLCNX:
-4.16%
Returns By Period
In the year-to-date period, FSRKX achieves a 3.09% return, which is significantly lower than FLCNX's 35.02% return.
FSRKX
3.09%
-3.69%
-0.40%
3.71%
4.88%
N/A
FLCNX
35.02%
-0.03%
7.21%
36.74%
17.20%
N/A
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FSRKX vs. FLCNX - Expense Ratio Comparison
FSRKX has a 0.51% expense ratio, which is higher than FLCNX's 0.45% expense ratio.
Risk-Adjusted Performance
FSRKX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Real Return Fund Class K6 (FSRKX) 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
FSRKX vs. FLCNX - Dividend Comparison
FSRKX's dividend yield for the trailing twelve months is around 3.40%, more than FLCNX's 0.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FSRKX Fidelity Strategic Real Return Fund Class K6 | 3.40% | 5.38% | 7.38% | 5.43% | 2.31% | 1.16% | 0.00% | 0.00% |
FLCNX Fidelity Contrafund K6 | 0.08% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% |
Drawdowns
FSRKX vs. FLCNX - Drawdown Comparison
The maximum FSRKX drawdown since its inception was -19.93%, smaller than the maximum FLCNX drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for FSRKX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
FSRKX vs. FLCNX - Volatility Comparison
The current volatility for Fidelity Strategic Real Return Fund Class K6 (FSRKX) is 2.97%, while Fidelity Contrafund K6 (FLCNX) has a volatility of 4.22%. This indicates that FSRKX 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.