FVLKX vs. FCNKX
Compare and contrast key facts about Fidelity Value Fund Class K (FVLKX) and Fidelity Contrafund Fund (FCNKX).
FVLKX is managed by Fidelity. It was launched on May 9, 2008. FCNKX is managed by Fidelity.
Performance
FVLKX vs. FCNKX - Performance Comparison
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FVLKX vs. FCNKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVLKX Fidelity Value Fund Class K | 3.18% | 11.37% | 14.64% | 19.65% | -8.91% | 35.38% | 9.41% | 31.92% | -17.56% | 14.09% |
FCNKX Fidelity Contrafund Fund | -5.37% | 21.88% | 36.08% | 39.50% | -27.44% | 24.66% | 32.50% | 30.18% | -2.27% | 32.20% |
Returns By Period
In the year-to-date period, FVLKX achieves a 3.18% return, which is significantly higher than FCNKX's -5.37% return. Over the past 10 years, FVLKX has underperformed FCNKX with an annualized return of 11.53%, while FCNKX has yielded a comparatively higher 16.48% annualized return.
FVLKX
- 1D
- 2.74%
- 1M
- -6.18%
- YTD
- 3.18%
- 6M
- 7.29%
- 1Y
- 20.94%
- 3Y*
- 15.86%
- 5Y*
- 10.13%
- 10Y*
- 11.53%
FCNKX
- 1D
- 3.50%
- 1M
- -5.88%
- YTD
- -5.37%
- 6M
- -2.55%
- 1Y
- 19.31%
- 3Y*
- 25.20%
- 5Y*
- 13.66%
- 10Y*
- 16.48%
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FVLKX vs. FCNKX - Expense Ratio Comparison
FVLKX has a 0.71% expense ratio, which is lower than FCNKX's 0.74% expense ratio.
Return for Risk
FVLKX vs. FCNKX — Risk / Return Rank
FVLKX
FCNKX
FVLKX vs. FCNKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund Class K (FVLKX) and Fidelity Contrafund Fund (FCNKX). 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.
| FVLKX | FCNKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.02 | -0.03 |
Sortino ratioReturn per unit of downside risk | 1.52 | 1.57 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.54 | -0.25 |
Martin ratioReturn relative to average drawdown | 5.25 | 5.88 | -0.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FVLKX | FCNKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.02 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.72 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.06 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.06 | -0.02 |
Correlation
The correlation between FVLKX and FCNKX is 0.77, 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.
Dividends
FVLKX vs. FCNKX - Dividend Comparison
FVLKX's dividend yield for the trailing twelve months is around 9.72%, more than FCNKX's 4.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVLKX Fidelity Value Fund Class K | 9.72% | 10.03% | 20.95% | 3.80% | 7.16% | 9.87% | 1.06% | 3.43% | 16.38% | 3.37% | 1.36% | 11.10% |
FCNKX Fidelity Contrafund Fund | 4.91% | 5.18% | 4.28% | 4.31% | 13.69% | 10.77% | 8.00% | 4.15% | 9.14% | 6.09% | 3.92% | 4.47% |
Drawdowns
FVLKX vs. FCNKX - Drawdown Comparison
The maximum FVLKX drawdown since its inception was -90.17%, roughly equal to the maximum FCNKX drawdown of -90.08%. Use the drawdown chart below to compare losses from any high point for FVLKX and FCNKX.
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Drawdown Indicators
| FVLKX | FCNKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.17% | -90.08% | -0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -11.29% | -3.70% |
Max Drawdown (5Y)Largest decline over 5 years | -31.39% | -31.77% | +0.38% |
Max Drawdown (10Y)Largest decline over 10 years | -90.17% | -90.08% | -0.09% |
Current DrawdownCurrent decline from peak | -7.40% | -8.19% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -9.51% | -7.38% | -2.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 2.95% | +0.71% |
Volatility
FVLKX vs. FCNKX - Volatility Comparison
The current volatility for Fidelity Value Fund Class K (FVLKX) is 6.20%, while Fidelity Contrafund Fund (FCNKX) has a volatility of 6.58%. This indicates that FVLKX experiences smaller price fluctuations and is considered to be less risky than FCNKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVLKX | FCNKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 6.58% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 12.02% | 11.17% | +0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.75% | 19.98% | +1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.04% | 19.16% | +3.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 288.99% | 288.07% | +0.92% |