SSDWX vs. FCNTX
Compare and contrast key facts about State Street Target Retirement 2060 Fund (SSDWX) and Fidelity Contrafund Fund (FCNTX).
SSDWX is managed by State Street Global Advisors. It was launched on Sep 29, 2014. 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: SSDWX or FCNTX.
Correlation
The correlation between SSDWX and FCNTX is 0.85, 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
SSDWX vs. FCNTX - Performance Comparison
Key characteristics
SSDWX:
1.41
FCNTX:
2.08
SSDWX:
1.92
FCNTX:
2.77
SSDWX:
1.25
FCNTX:
1.39
SSDWX:
1.93
FCNTX:
1.49
SSDWX:
8.31
FCNTX:
12.39
SSDWX:
1.83%
FCNTX:
2.71%
SSDWX:
10.80%
FCNTX:
16.12%
SSDWX:
-29.88%
FCNTX:
-48.74%
SSDWX:
-4.11%
FCNTX:
-6.48%
Returns By Period
In the year-to-date period, SSDWX achieves a 13.08% return, which is significantly lower than FCNTX's 31.85% return. Both investments have delivered pretty close results over the past 10 years, with SSDWX having a 8.24% annualized return and FCNTX not far ahead at 8.27%.
SSDWX
13.08%
-1.39%
5.22%
13.97%
8.24%
8.24%
FCNTX
31.85%
-2.53%
5.31%
32.34%
9.68%
8.27%
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SSDWX vs. FCNTX - Expense Ratio Comparison
SSDWX has a 0.18% expense ratio, which is lower than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
SSDWX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement 2060 Fund (SSDWX) 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
SSDWX vs. FCNTX - Dividend Comparison
SSDWX's dividend yield for the trailing twelve months is around 1.91%, more than FCNTX's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSDWX State Street Target Retirement 2060 Fund | 1.91% | 2.16% | 1.61% | 1.81% | 1.47% | 2.24% | 2.32% | 1.94% | 1.43% | 2.05% | 1.58% | 0.00% |
FCNTX Fidelity Contrafund Fund | 0.02% | 0.48% | 2.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.30% | 0.31% | 7.55% | 7.89% |
Drawdowns
SSDWX vs. FCNTX - Drawdown Comparison
The maximum SSDWX drawdown since its inception was -29.88%, smaller than the maximum FCNTX drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for SSDWX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
SSDWX vs. FCNTX - Volatility Comparison
The current volatility for State Street Target Retirement 2060 Fund (SSDWX) is 3.30%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 5.45%. This indicates that SSDWX 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.