LGLIX vs. FCNTX
Compare and contrast key facts about Lord Abbett Growth Leaders Fund (LGLIX) and Fidelity Contrafund Fund (FCNTX).
LGLIX is managed by Lord Abbett. It was launched on Jun 30, 2011. FCNTX is managed by Fidelity. It was launched on May 17, 1967.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGLIX or FCNTX.
Performance
LGLIX vs. FCNTX - Performance Comparison
Returns By Period
In the year-to-date period, LGLIX achieves a 46.69% return, which is significantly higher than FCNTX's 35.58% return. Both investments have delivered pretty close results over the past 10 years, with LGLIX having a 8.57% annualized return and FCNTX not far ahead at 8.71%.
LGLIX
46.69%
11.27%
23.21%
52.24%
12.40%
8.57%
FCNTX
35.58%
2.20%
11.90%
36.49%
10.45%
8.71%
Key characteristics
LGLIX | FCNTX | |
---|---|---|
Sharpe Ratio | 2.37 | 2.34 |
Sortino Ratio | 3.08 | 3.18 |
Omega Ratio | 1.41 | 1.44 |
Calmar Ratio | 1.22 | 0.39 |
Martin Ratio | 13.37 | 14.54 |
Ulcer Index | 3.91% | 2.51% |
Daily Std Dev | 22.03% | 15.57% |
Max Drawdown | -55.73% | -99.90% |
Current Drawdown | -11.54% | -90.59% |
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LGLIX vs. FCNTX - Expense Ratio Comparison
LGLIX has a 0.64% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Correlation
The correlation between LGLIX and FCNTX is 0.92, 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.
Risk-Adjusted Performance
LGLIX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) 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
LGLIX vs. FCNTX - Dividend Comparison
LGLIX has not paid dividends to shareholders, while FCNTX's dividend yield for the trailing twelve months is around 0.37%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Lord Abbett Growth Leaders Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fidelity Contrafund Fund | 0.37% | 0.48% | 2.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.30% | 0.31% | 7.55% | 7.89% |
Drawdowns
LGLIX vs. FCNTX - Drawdown Comparison
The maximum LGLIX drawdown since its inception was -55.73%, smaller than the maximum FCNTX drawdown of -99.90%. Use the drawdown chart below to compare losses from any high point for LGLIX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
LGLIX vs. FCNTX - Volatility Comparison
Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 6.35% compared to Fidelity Contrafund Fund (FCNTX) at 4.78%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.