OAKIX vs. FCNTX
Compare and contrast key facts about Oakmark International Fund (OAKIX) and Fidelity Contrafund Fund (FCNTX).
OAKIX is managed by Oakmark. It was launched on Sep 29, 1992. 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: OAKIX or FCNTX.
Key characteristics
| OAKIX | FCNTX | |
|---|---|---|
| YTD Return | 1.83% | 30.55% |
| 1Y Return | 6.99% | 42.93% |
| 3Y Return (Ann) | 1.95% | 11.75% |
| 5Y Return (Ann) | 4.82% | 18.79% |
| 10Y Return (Ann) | 3.94% | 15.30% |
| Sharpe Ratio | 0.49 | 2.63 |
| Daily Std Dev | 14.54% | 15.70% |
| Max Drawdown | -60.45% | -99.93% |
| Current Drawdown | -7.38% | -98.76% |
Correlation
The correlation between OAKIX and FCNTX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OAKIX vs. FCNTX - Performance Comparison
In the year-to-date period, OAKIX achieves a 1.83% return, which is significantly lower than FCNTX's 30.55% return. Over the past 10 years, OAKIX has underperformed FCNTX with an annualized return of 3.94%, while FCNTX has yielded a comparatively higher 15.30% 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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OAKIX vs. FCNTX - Expense Ratio Comparison
OAKIX has a 1.04% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
OAKIX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark International Fund (OAKIX) 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
OAKIX vs. FCNTX - Dividend Comparison
OAKIX's dividend yield for the trailing twelve months is around 1.81%, less than FCNTX's 2.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKIX Oakmark International Fund | 1.81% | 1.85% | 2.97% | 1.23% | 0.33% | 1.81% | 7.53% | 3.19% | 1.73% | 5.28% | 6.89% | 2.84% |
FCNTX Fidelity Contrafund Fund | 2.44% | 4.26% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 6.17% | 3.81% | 5.33% | 7.54% | 7.90% |
Drawdowns
OAKIX vs. FCNTX - Drawdown Comparison
The maximum OAKIX drawdown since its inception was -60.45%, smaller than the maximum FCNTX drawdown of -99.93%. Use the drawdown chart below to compare losses from any high point for OAKIX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
OAKIX vs. FCNTX - Volatility Comparison
The current volatility for Oakmark International Fund (OAKIX) is 4.14%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 5.16%. This indicates that OAKIX 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.