PHIYX vs. FLCNX
Compare and contrast key facts about PIMCO High Yield Fund (PHIYX) and Fidelity Contrafund K6 (FLCNX).
PHIYX is managed by PIMCO. It was launched on Dec 15, 1992. 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: PHIYX or FLCNX.
Correlation
The correlation between PHIYX and FLCNX is 0.45, 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
PHIYX vs. FLCNX - Performance Comparison
Key characteristics
PHIYX:
1.97
FLCNX:
2.23
PHIYX:
2.94
FLCNX:
2.98
PHIYX:
1.41
FLCNX:
1.41
PHIYX:
2.72
FLCNX:
3.19
PHIYX:
11.51
FLCNX:
13.82
PHIYX:
0.58%
FLCNX:
2.53%
PHIYX:
3.41%
FLCNX:
15.73%
PHIYX:
-32.73%
FLCNX:
-32.07%
PHIYX:
-1.35%
FLCNX:
-4.16%
Returns By Period
In the year-to-date period, PHIYX achieves a 5.51% return, which is significantly lower than FLCNX's 35.02% return.
PHIYX
5.51%
-0.62%
3.61%
6.46%
2.79%
4.07%
FLCNX
35.02%
-0.03%
7.21%
36.74%
17.20%
N/A
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PHIYX vs. FLCNX - Expense Ratio Comparison
PHIYX has a 0.56% expense ratio, which is higher than FLCNX's 0.45% expense ratio.
Risk-Adjusted Performance
PHIYX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO High Yield Fund (PHIYX) 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
PHIYX vs. FLCNX - Dividend Comparison
PHIYX's dividend yield for the trailing twelve months is around 5.61%, more than FLCNX's 0.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHIYX PIMCO High Yield Fund | 5.61% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% | 5.94% |
FLCNX Fidelity Contrafund K6 | 0.08% | 0.49% | 0.62% | 0.20% | 0.21% | 0.30% | 0.33% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHIYX vs. FLCNX - Drawdown Comparison
The maximum PHIYX drawdown since its inception was -32.73%, roughly equal to the maximum FLCNX drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for PHIYX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
PHIYX vs. FLCNX - Volatility Comparison
The current volatility for PIMCO High Yield Fund (PHIYX) is 0.78%, while Fidelity Contrafund K6 (FLCNX) has a volatility of 4.22%. This indicates that PHIYX 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.