SSPIX vs. FCNTX
Compare and contrast key facts about SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) and Fidelity Contrafund Fund (FCNTX).
SSPIX is managed by Blackrock. It was launched on Feb 28, 1996. 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: SSPIX or FCNTX.
Correlation
The correlation between SSPIX and FCNTX is 0.91, 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
SSPIX vs. FCNTX - Performance Comparison
Key characteristics
SSPIX:
0.74
FCNTX:
1.68
SSPIX:
0.95
FCNTX:
2.25
SSPIX:
1.17
FCNTX:
1.30
SSPIX:
0.89
FCNTX:
2.48
SSPIX:
2.49
FCNTX:
8.64
SSPIX:
4.94%
FCNTX:
3.13%
SSPIX:
16.54%
FCNTX:
16.10%
SSPIX:
-58.35%
FCNTX:
-48.74%
SSPIX:
-9.54%
FCNTX:
-0.38%
Returns By Period
In the year-to-date period, SSPIX achieves a 4.07% return, which is significantly lower than FCNTX's 7.37% return. Over the past 10 years, SSPIX has underperformed FCNTX with an annualized return of 8.27%, while FCNTX has yielded a comparatively higher 13.92% annualized return.
SSPIX
4.07%
2.04%
-1.45%
11.04%
6.66%
8.27%
FCNTX
7.37%
4.39%
9.67%
25.31%
15.59%
13.92%
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SSPIX vs. FCNTX - Expense Ratio Comparison
SSPIX has a 0.25% expense ratio, which is lower than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
SSPIX vs. FCNTX — Risk-Adjusted Performance Rank
SSPIX
FCNTX
SSPIX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) 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
SSPIX vs. FCNTX - Dividend Comparison
SSPIX's dividend yield for the trailing twelve months is around 1.17%, more than FCNTX's 0.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSPIX SEI Institutional Managed Trust S&P 500 Index Fund | 1.17% | 1.21% | 1.30% | 1.57% | 1.06% | 1.41% | 1.62% | 2.22% | 1.44% | 1.64% | 1.63% | 1.70% |
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
SSPIX vs. FCNTX - Drawdown Comparison
The maximum SSPIX drawdown since its inception was -58.35%, which is greater than FCNTX's maximum drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for SSPIX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
SSPIX vs. FCNTX - Volatility Comparison
The current volatility for SEI Institutional Managed Trust S&P 500 Index Fund (SSPIX) is 3.21%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 4.30%. This indicates that SSPIX 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.