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LGLIX vs. FCNTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

LGLIX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Growth Leaders Fund (LGLIX) and Fidelity Contrafund Fund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
23.21%
11.90%
LGLIX
FCNTX

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

YTD

46.69%

1M

11.27%

6M

23.21%

1Y

52.24%

5Y (annualized)

12.40%

10Y (annualized)

8.57%

FCNTX

YTD

35.58%

1M

2.20%

6M

11.90%

1Y

36.49%

5Y (annualized)

10.45%

10Y (annualized)

8.71%

Key characteristics


LGLIXFCNTX
Sharpe Ratio2.372.34
Sortino Ratio3.083.18
Omega Ratio1.411.44
Calmar Ratio1.220.39
Martin Ratio13.3714.54
Ulcer Index3.91%2.51%
Daily Std Dev22.03%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.


LGLIX
Lord Abbett Growth Leaders Fund
Expense ratio chart for LGLIX: current value at 0.64% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.64%
Expense ratio chart for FCNTX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Correlation

-0.50.00.51.00.9

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.


Sharpe ratio
The chart of Sharpe ratio for LGLIX, currently valued at 2.37, compared to the broader market-1.000.001.002.003.004.005.002.372.34
The chart of Sortino ratio for LGLIX, currently valued at 3.08, compared to the broader market0.005.0010.003.083.18
The chart of Omega ratio for LGLIX, currently valued at 1.41, compared to the broader market1.002.003.004.001.411.44
The chart of Calmar ratio for LGLIX, currently valued at 1.22, compared to the broader market0.005.0010.0015.0020.001.221.52
The chart of Martin ratio for LGLIX, currently valued at 13.37, compared to the broader market0.0020.0040.0060.0080.00100.0013.3714.54
LGLIX
FCNTX

The current LGLIX Sharpe Ratio is 2.37, which is comparable to the FCNTX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of LGLIX and FCNTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.37
2.34
LGLIX
FCNTX

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%.


TTM20232022202120202019201820172016201520142013
LGLIX
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%
FCNTX
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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-11.54%
-1.53%
LGLIX
FCNTX

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.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.35%
4.78%
LGLIX
FCNTX