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FXAIX vs. FCNTX

Last updated Feb 24, 2024

Compare and contrast key facts about Fidelity 500 Index Fund (FXAIX) and Fidelity Contrafund Fund (FCNTX).

FXAIX is managed by Fidelity. FCNTX is managed by Fidelity.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXAIX or FCNTX.

Key characteristics


FXAIXFCNTX
YTD Return6.91%14.44%
1Y Return28.88%46.26%
3Y Return (Ann)11.18%10.93%
5Y Return (Ann)14.68%16.59%
10Y Return (Ann)12.84%13.95%
Sharpe Ratio2.383.36
Daily Std Dev12.44%14.02%
Max Drawdown-33.79%-93.41%
Current Drawdown0.00%0.00%

Correlation

0.93
-1.001.00

The correlation between FXAIX and FCNTX is 0.93, 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.

FXAIX vs. FCNTX - Performance Comparison

In the year-to-date period, FXAIX achieves a 6.91% return, which is significantly lower than FCNTX's 14.44% return. Over the past 10 years, FXAIX has underperformed FCNTX with an annualized return of 12.84%, while FCNTX has yielded a comparatively higher 13.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


300.00%350.00%400.00%450.00%SeptemberOctoberNovemberDecember2024February
383.25%
458.49%
FXAIX
FCNTX

Compare stocks, funds, or ETFs


Fidelity 500 Index Fund

Fidelity Contrafund Fund

FXAIX vs. FCNTX - Dividend Comparison

FXAIX's dividend yield for the trailing twelve months is around 1.36%, more than FCNTX's 0.49% yield.


TTM20232022202120202019201820172016201520142013
FXAIX
Fidelity 500 Index Fund
1.36%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.63%1.84%
FCNTX
Fidelity Contrafund Fund
0.49%1.63%13.65%10.80%8.01%4.16%9.14%6.17%3.81%5.33%7.55%7.89%

FXAIX vs. FCNTX - Expense Ratio Comparison

FXAIX has a 0.02% expense ratio, which is lower than FCNTX's 0.81% expense ratio.

0.81%
0.00%2.15%
0.02%
0.00%2.15%

FXAIX vs. FCNTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity 500 Index Fund (FXAIX) and Fidelity Contrafund Fund (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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FXAIX
Fidelity 500 Index Fund
2.38
FCNTX
Fidelity Contrafund Fund
3.36

FXAIX vs. FCNTX - Sharpe Ratio Comparison

The current FXAIX Sharpe Ratio is 2.38, which roughly equals the FCNTX Sharpe Ratio of 3.36. The chart below compares the 12-month rolling Sharpe Ratio of FXAIX and FCNTX.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50SeptemberOctoberNovemberDecember2024February
2.38
3.36
FXAIX
FCNTX

FXAIX vs. FCNTX - Drawdown Comparison

The maximum FXAIX drawdown since its inception was -33.79%, smaller than the maximum FCNTX drawdown of -93.41%. The drawdown chart below compares losses from any high point along the way for FXAIX and FCNTX


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2024February00
FXAIX
FCNTX

FXAIX vs. FCNTX - Volatility Comparison

The current volatility for Fidelity 500 Index Fund (FXAIX) is 3.91%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 6.03%. This indicates that FXAIX experiences smaller price fluctuations and is considered to be less risky than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2024February
3.91%
6.03%
FXAIX
FCNTX