IVOG vs. FCNTX
Compare and contrast key facts about Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) and Fidelity Contrafund Fund (FCNTX).
IVOG is a passively managed fund by Vanguard that tracks the performance of the S&P MidCap 400 Growth Index. It was launched on Sep 7, 2010. FCNTX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVOG or FCNTX.
Key characteristics
| IVOG | FCNTX | |
|---|---|---|
| YTD Return | 8.66% | 12.51% |
| 1Y Return | 21.81% | 32.39% |
| 3Y Return (Ann) | 2.74% | 7.91% |
| 5Y Return (Ann) | 10.00% | 14.88% |
| 10Y Return (Ann) | 9.83% | 14.20% |
| Sharpe Ratio | 1.44 | 2.35 |
| Daily Std Dev | 15.42% | 13.88% |
| Max Drawdown | -39.32% | -93.41% |
| Current Drawdown | -5.92% | -5.63% |
Correlation
The correlation between IVOG and FCNTX is 0.82, 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
IVOG vs. FCNTX - Performance Comparison
In the year-to-date period, IVOG achieves a 8.66% return, which is significantly lower than FCNTX's 12.51% return. Over the past 10 years, IVOG has underperformed FCNTX with an annualized return of 9.83%, while FCNTX has yielded a comparatively higher 14.20% annualized 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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IVOG vs. FCNTX - Expense Ratio Comparison
IVOG has a 0.15% expense ratio, which is lower than FCNTX's 0.81% expense ratio.
Risk-Adjusted Performance
IVOG vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) 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.
Dividends
IVOG vs. FCNTX - Dividend Comparison
IVOG's dividend yield for the trailing twelve months is around 1.06%, less than FCNTX's 2.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVOG Vanguard S&P Mid-Cap 400 Growth ETF | 1.06% | 1.15% | 1.05% | 0.47% | 0.74% | 1.17% | 1.01% | 0.93% | 1.03% | 1.04% | 0.81% | 0.66% |
FCNTX Fidelity Contrafund Fund | 2.83% | 4.26% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 6.17% | 3.81% | 5.33% | 7.55% | 7.89% |
Drawdowns
IVOG vs. FCNTX - Drawdown Comparison
The maximum IVOG drawdown since its inception was -39.32%, smaller than the maximum FCNTX drawdown of -93.41%. Use the drawdown chart below to compare losses from any high point for IVOG and FCNTX. For additional features, visit the drawdowns tool.
Volatility
IVOG vs. FCNTX - Volatility Comparison
The current volatility for Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is 4.25%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 4.92%. This indicates that IVOG 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.