FZACX vs. FLCNX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class Z (FZACX) and Fidelity Contrafund K6 (FLCNX).
FZACX is managed by Fidelity. It was launched on Aug 13, 2013. 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: FZACX or FLCNX.
Key characteristics
| FZACX | FLCNX | |
|---|---|---|
| YTD Return | 30.28% | 37.67% |
| 1Y Return | 42.14% | 48.44% |
| 3Y Return (Ann) | 9.97% | 10.86% |
| 5Y Return (Ann) | 18.22% | 18.93% |
| Sharpe Ratio | 2.80 | 3.11 |
| Sortino Ratio | 3.70 | 4.11 |
| Omega Ratio | 1.51 | 1.58 |
| Calmar Ratio | 3.72 | 4.35 |
| Martin Ratio | 16.15 | 19.22 |
| Ulcer Index | 2.56% | 2.48% |
| Daily Std Dev | 14.77% | 15.32% |
| Max Drawdown | -30.35% | -32.07% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FZACX and FLCNX is 0.95, 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
FZACX vs. FLCNX - Performance Comparison
In the year-to-date period, FZACX achieves a 30.28% return, which is significantly lower than FLCNX's 37.67% 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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FZACX vs. FLCNX - Expense Ratio Comparison
FZACX has a 0.48% expense ratio, which is higher than FLCNX's 0.45% expense ratio.
Risk-Adjusted Performance
FZACX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class Z (FZACX) 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
FZACX vs. FLCNX - Dividend Comparison
FZACX's dividend yield for the trailing twelve months is around 0.40%, more than FLCNX's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZACX Fidelity Advisor Diversified Stock Fund Class Z | 0.40% | 0.52% | 0.80% | 0.54% | 0.47% | 0.77% | 0.77% | 1.33% | 1.56% | 1.72% | 11.11% | 2.45% |
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
FZACX vs. FLCNX - Drawdown Comparison
The maximum FZACX drawdown since its inception was -30.35%, smaller than the maximum FLCNX drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for FZACX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
FZACX vs. FLCNX - Volatility Comparison
The current volatility for Fidelity Advisor Diversified Stock Fund Class Z (FZACX) is 4.21%, while Fidelity Contrafund K6 (FLCNX) has a volatility of 4.66%. This indicates that FZACX 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.