NAVF.L vs. FLCNX
Compare and contrast key facts about Nippon Active Value Fund plc (NAVF.L) and Fidelity Contrafund K6 (FLCNX).
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: NAVF.L or FLCNX.
Key characteristics
| NAVF.L | FLCNX | |
|---|---|---|
| YTD Return | 11.70% | 27.63% |
| 1Y Return | 18.66% | 37.95% |
| 3Y Return (Ann) | 12.27% | 9.96% |
| Sharpe Ratio | 1.08 | 2.45 |
| Daily Std Dev | 16.92% | 15.44% |
| Max Drawdown | -28.50% | -32.07% |
| Current Drawdown | 0.00% | -2.07% |
Correlation
The correlation between NAVF.L and FLCNX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NAVF.L vs. FLCNX - Performance Comparison
In the year-to-date period, NAVF.L achieves a 11.70% return, which is significantly lower than FLCNX's 27.63% 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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Risk-Adjusted Performance
NAVF.L vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nippon Active Value Fund plc (NAVF.L) 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
NAVF.L vs. FLCNX - Dividend Comparison
NAVF.L's dividend yield for the trailing twelve months is around 0.89%, more than FLCNX's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
NAVF.L Nippon Active Value Fund plc | 0.89% | 1.98% | 1.66% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
FLCNX Fidelity Contrafund K6 | 0.42% | 0.49% | 1.18% | 0.46% | 0.21% | 0.30% | 0.33% | 0.15% |
Drawdowns
NAVF.L vs. FLCNX - Drawdown Comparison
The maximum NAVF.L drawdown since its inception was -28.50%, smaller than the maximum FLCNX drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for NAVF.L and FLCNX. For additional features, visit the drawdowns tool.
Volatility
NAVF.L vs. FLCNX - Volatility Comparison
The current volatility for Nippon Active Value Fund plc (NAVF.L) is 4.46%, while Fidelity Contrafund K6 (FLCNX) has a volatility of 4.82%. This indicates that NAVF.L 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.