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MDDVX vs. FCNTX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

MDDVX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Equity Dividend Fund Investor A Shares (MDDVX) and Fidelity Contrafund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MDDVX achieves a 16.19% return, which is significantly higher than FCNTX's 6.89% return. Over the past 10 years, MDDVX has underperformed FCNTX with an annualized return of 11.68%, while FCNTX has yielded a comparatively higher 17.05% annualized return.


MDDVX

1D
0.63%
1M
1.65%
6M
11.72%
YTD
16.19%
1Y
29.02%
3Y*
15.90%
5Y*
10.93%
10Y*
11.68%
ALL TIME*
9.95%

FCNTX

1D
1.21%
1M
-2.67%
6M
4.74%
YTD
6.89%
1Y
15.13%
3Y*
23.50%
5Y*
13.38%
10Y*
17.05%
ALL TIME*
13.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

MDDVX vs. FCNTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MDDVX
BlackRock Equity Dividend Fund Investor A Shares
16.19%21.43%6.78%12.39%-4.17%19.86%3.74%27.30%-7.42%16.06%
FCNTX
Fidelity Contrafund
6.89%21.76%36.00%38.67%-28.31%24.52%32.48%30.00%-3.81%32.18%

Correlation

The correlation between MDDVX and FCNTX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.60

Correlation (3Y)
Balances recent behavior with more history.

0.53

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.65

Correlation (10Y)
Provides a long-term view across more market conditions.

0.65

Correlation (All Time)
Calculated using the full available price history since Oct 21, 1994

0.78

The correlation between MDDVX and FCNTX shifts across timeframes, from 0.53 (3 years) to 0.78 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

MDDVX vs. FCNTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MDDVX
MDDVX Risk / Return Rank: 8888
Overall Rank
MDDVX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
MDDVX Sortino Ratio Rank: 8888
Sortino Ratio Rank
MDDVX Omega Ratio Rank: 8585
Omega Ratio Rank
MDDVX Calmar Ratio Rank: 8585
Calmar Ratio Rank
MDDVX Martin Ratio Rank: 9191
Martin Ratio Rank

FCNTX
FCNTX Risk / Return Rank: 2323
Overall Rank
FCNTX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
FCNTX Sortino Ratio Rank: 2121
Sortino Ratio Rank
FCNTX Omega Ratio Rank: 2121
Omega Ratio Rank
FCNTX Calmar Ratio Rank: 2222
Calmar Ratio Rank
FCNTX Martin Ratio Rank: 2828
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MDDVX vs. FCNTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Equity Dividend Fund Investor A Shares (MDDVX) and Fidelity Contrafund (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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


MDDVXFCNTXDifference
Sharpe ratioReturn per unit of total volatility

+1.51

Sortino ratioReturn per unit of downside risk

+2.01

Omega ratioGain probability vs. loss probability

1.42

1.15

+0.27

Calmar ratioReturn relative to maximum drawdown

3.07

1.14

+1.93

Martin ratioReturn relative to average drawdown

13.11

4.43

+8.68

MDDVX vs. FCNTX - Sharpe Ratio Comparison

The current MDDVX Sharpe Ratio is 2.35, which is higher than the FCNTX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of MDDVX and FCNTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

MDDVX vs. FCNTX - Drawdown Comparison

The maximum MDDVX drawdown since its inception was -50.22%, roughly equal to the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for MDDVX and FCNTX.


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Drawdown Indicators


MDDVXFCNTXDifference

Max Drawdown

Largest peak-to-trough decline

-50.22%

-49.19%

-1.03%

Max Drawdown (1Y)

Largest decline over 1 year

-9.02%

-11.30%

+2.28%

Max Drawdown (3Y)

Largest decline over 3 years

-15.26%

-19.75%

+4.49%

Max Drawdown (5Y)

Largest decline over 5 years

-18.18%

-32.59%

+14.41%

Max Drawdown (10Y)

Largest decline over 10 years

-35.93%

-32.59%

-3.34%

Current Drawdown

Current decline from peak

0.00%

-4.14%

+4.14%

Average Drawdown

Average peak-to-trough decline

-5.90%

-8.14%

+2.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.11%

2.91%

-0.80%

Volatility

MDDVX vs. FCNTX - Volatility Comparison

The current volatility for BlackRock Equity Dividend Fund Investor A Shares (MDDVX) is 3.40%, while Fidelity Contrafund (FCNTX) has a volatility of 4.09%. This indicates that MDDVX 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.


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Volatility by Period


MDDVXFCNTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.40%

4.09%

-0.69%

Volatility (6M)

Calculated over the trailing 6-month period

9.44%

12.28%

-2.84%

Volatility (1Y)

Calculated over the trailing 1-year period

11.83%

15.50%

-3.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.21%

19.37%

-5.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.30%

19.74%

-3.44%

MDDVX vs. FCNTX - Expense Ratio Comparison

MDDVX has a 0.94% expense ratio, which is higher than FCNTX's 0.39% expense ratio.


Dividends

MDDVX vs. FCNTX - Dividend Comparison

MDDVX's dividend yield for the trailing twelve months is around 13.87%, more than FCNTX's 4.37% yield.


PositionTTM20252024202320222021202020192018201720162015
FCNTX
Fidelity Contrafund
4.37%5.21%4.19%3.78%11.87%10.80%8.01%4.16%7.46%6.08%3.81%5.33%
MDDVX
BlackRock Equity Dividend Fund Investor A Shares
13.87%10.06%8.38%6.89%13.29%11.93%6.15%12.95%13.77%14.20%7.79%18.15%

Frequently Asked Questions


MDDVX and FCNTX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FCNTX has higher volatility (4.09%) compared to MDDVX (3.40%). In terms of maximum drawdown, MDDVX dropped -50.22% vs FCNTX's -49.19%.

MDDVX currently has the higher Sharpe Ratio (2.35 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for MDDVX and FCNTX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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