PCBIX vs. FCNTX
Compare and contrast key facts about Principal MidCap Fund Institutional Class (PCBIX) and Fidelity Contrafund Fund (FCNTX).
PCBIX is managed by Principal. It was launched on Dec 6, 2000. 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: PCBIX or FCNTX.
Performance
PCBIX vs. FCNTX - Performance Comparison
Returns By Period
In the year-to-date period, PCBIX achieves a 25.82% return, which is significantly lower than FCNTX's 35.70% return. Over the past 10 years, PCBIX has underperformed FCNTX with an annualized return of 7.87%, while FCNTX has yielded a comparatively higher 8.73% annualized return.
PCBIX
25.82%
4.10%
16.18%
30.29%
9.06%
7.87%
FCNTX
35.70%
0.92%
13.28%
36.62%
10.47%
8.73%
Key characteristics
| PCBIX | FCNTX | |
|---|---|---|
| Sharpe Ratio | 2.28 | 2.40 |
| Sortino Ratio | 3.07 | 3.24 |
| Omega Ratio | 1.39 | 1.45 |
| Calmar Ratio | 1.58 | 0.40 |
| Martin Ratio | 13.39 | 14.85 |
| Ulcer Index | 2.30% | 2.51% |
| Daily Std Dev | 13.46% | 15.57% |
| Max Drawdown | -57.73% | -99.90% |
| Current Drawdown | -0.41% | -90.58% |
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PCBIX vs. FCNTX - Expense Ratio Comparison
PCBIX has a 0.67% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Correlation
The correlation between PCBIX and FCNTX is 0.86, 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.
Risk-Adjusted Performance
PCBIX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund Institutional Class (PCBIX) 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
PCBIX vs. FCNTX - Dividend Comparison
PCBIX's dividend yield for the trailing twelve months is around 0.03%, less than FCNTX's 0.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.47% | 0.07% | 0.05% | 0.41% | 0.13% | 0.36% | 0.24% |
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
PCBIX vs. FCNTX - Drawdown Comparison
The maximum PCBIX drawdown since its inception was -57.73%, smaller than the maximum FCNTX drawdown of -99.90%. Use the drawdown chart below to compare losses from any high point for PCBIX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
PCBIX vs. FCNTX - Volatility Comparison
The current volatility for Principal MidCap Fund Institutional Class (PCBIX) is 4.47%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 4.78%. This indicates that PCBIX 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.