PBFDX vs. FCNTX
Compare and contrast key facts about Payson Total Return Fund (PBFDX) and Fidelity Contrafund Fund (FCNTX).
PBFDX is managed by Payson Funds. It was launched on Nov 25, 1991. 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: PBFDX or FCNTX.
Key characteristics
| PBFDX | FCNTX | |
|---|---|---|
| YTD Return | 21.10% | 36.45% |
| 1Y Return | 25.49% | 39.54% |
| 3Y Return (Ann) | 4.26% | 2.67% |
| 5Y Return (Ann) | 10.84% | 10.61% |
| 10Y Return (Ann) | 9.02% | 8.93% |
| Sharpe Ratio | 1.83 | 2.53 |
| Sortino Ratio | 2.53 | 3.42 |
| Omega Ratio | 1.34 | 1.47 |
| Calmar Ratio | 2.28 | 0.39 |
| Martin Ratio | 10.57 | 15.66 |
| Ulcer Index | 2.45% | 2.49% |
| Daily Std Dev | 14.15% | 15.44% |
| Max Drawdown | -56.40% | -99.93% |
| Current Drawdown | -1.98% | -99.29% |
Correlation
The correlation between PBFDX and FCNTX is 0.83, 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
PBFDX vs. FCNTX - Performance Comparison
In the year-to-date period, PBFDX achieves a 21.10% return, which is significantly lower than FCNTX's 36.45% return. Both investments have delivered pretty close results over the past 10 years, with PBFDX having a 9.02% annualized return and FCNTX not far behind at 8.93%. 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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PBFDX vs. FCNTX - Expense Ratio Comparison
PBFDX has a 0.82% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
PBFDX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Payson Total Return Fund (PBFDX) 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
PBFDX vs. FCNTX - Dividend Comparison
PBFDX's dividend yield for the trailing twelve months is around 0.40%, more than FCNTX's 0.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBFDX Payson Total Return Fund | 0.40% | 0.76% | 1.05% | 0.47% | 0.69% | 0.61% | 0.67% | 0.82% | 1.44% | 1.14% | 2.44% | 1.28% |
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
PBFDX vs. FCNTX - Drawdown Comparison
The maximum PBFDX drawdown since its inception was -56.40%, smaller than the maximum FCNTX drawdown of -99.93%. Use the drawdown chart below to compare losses from any high point for PBFDX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
PBFDX vs. FCNTX - Volatility Comparison
Payson Total Return Fund (PBFDX) and Fidelity Contrafund Fund (FCNTX) have volatilities of 4.43% and 4.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.