PAXWX vs. FCNTX
Compare and contrast key facts about Pax Sustainable Allocation Fund (PAXWX) and Fidelity Contrafund Fund (FCNTX).
PAXWX is managed by Pax World. It was launched on Aug 9, 1971. 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: PAXWX or FCNTX.
Correlation
The correlation between PAXWX and FCNTX is 0.82, 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.
Performance
PAXWX vs. FCNTX - Performance Comparison
Key characteristics
PAXWX:
0.84
FCNTX:
1.48
PAXWX:
1.17
FCNTX:
2.01
PAXWX:
1.15
FCNTX:
1.27
PAXWX:
0.46
FCNTX:
2.18
PAXWX:
3.32
FCNTX:
7.59
PAXWX:
2.08%
FCNTX:
3.13%
PAXWX:
8.30%
FCNTX:
16.08%
PAXWX:
-43.03%
FCNTX:
-48.74%
PAXWX:
-8.01%
FCNTX:
-1.00%
Returns By Period
In the year-to-date period, PAXWX achieves a 2.59% return, which is significantly lower than FCNTX's 6.70% return. Over the past 10 years, PAXWX has underperformed FCNTX with an annualized return of 2.29%, while FCNTX has yielded a comparatively higher 13.84% annualized return.
PAXWX
2.59%
1.38%
-0.04%
7.18%
3.37%
2.29%
FCNTX
6.70%
3.74%
8.63%
25.51%
15.94%
13.84%
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PAXWX vs. FCNTX - Expense Ratio Comparison
PAXWX has a 0.30% expense ratio, which is lower than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
PAXWX vs. FCNTX — Risk-Adjusted Performance Rank
PAXWX
FCNTX
PAXWX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pax Sustainable Allocation Fund (PAXWX) 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
PAXWX vs. FCNTX - Dividend Comparison
PAXWX's dividend yield for the trailing twelve months is around 1.90%, more than FCNTX's 0.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAXWX Pax Sustainable Allocation Fund | 1.90% | 1.95% | 1.38% | 1.32% | 0.81% | 0.99% | 1.60% | 2.21% | 0.63% | 1.29% | 0.93% | 0.94% |
FCNTX Fidelity Contrafund Fund | 0.06% | 0.08% | 0.48% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 5.54% | 0.30% | 0.31% | 7.55% |
Drawdowns
PAXWX vs. FCNTX - Drawdown Comparison
The maximum PAXWX drawdown since its inception was -43.03%, smaller than the maximum FCNTX drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for PAXWX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
PAXWX vs. FCNTX - Volatility Comparison
The current volatility for Pax Sustainable Allocation Fund (PAXWX) is 2.14%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 4.25%. This indicates that PAXWX 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.