TEQAX vs. FCNTX
Compare and contrast key facts about Touchstone Global ESG Equity Fund (TEQAX) and Fidelity Contrafund Fund (FCNTX).
TEQAX is managed by Touchstone. It was launched on Dec 18, 1997. 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: TEQAX or FCNTX.
Correlation
The correlation between TEQAX and FCNTX is 0.90, 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
TEQAX vs. FCNTX - Performance Comparison
Key characteristics
TEQAX:
0.86
FCNTX:
0.64
TEQAX:
1.27
FCNTX:
1.02
TEQAX:
1.17
FCNTX:
1.14
TEQAX:
0.36
FCNTX:
0.71
TEQAX:
3.57
FCNTX:
2.57
TEQAX:
4.27%
FCNTX:
5.43%
TEQAX:
17.78%
FCNTX:
21.91%
TEQAX:
-72.10%
FCNTX:
-48.74%
TEQAX:
-32.96%
FCNTX:
-11.96%
Returns By Period
In the year-to-date period, TEQAX achieves a 9.37% return, which is significantly higher than FCNTX's -4.73% return. Over the past 10 years, TEQAX has underperformed FCNTX with an annualized return of -0.60%, while FCNTX has yielded a comparatively higher 14.30% annualized return.
TEQAX
9.37%
-1.90%
3.87%
14.57%
9.47%
-0.60%
FCNTX
-4.73%
-5.33%
-2.51%
12.79%
17.53%
14.30%
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TEQAX vs. FCNTX - Expense Ratio Comparison
TEQAX has a 1.16% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
TEQAX vs. FCNTX — Risk-Adjusted Performance Rank
TEQAX
FCNTX
TEQAX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Global ESG Equity Fund (TEQAX) 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
TEQAX vs. FCNTX - Dividend Comparison
TEQAX's dividend yield for the trailing twelve months is around 1.40%, less than FCNTX's 5.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEQAX Touchstone Global ESG Equity Fund | 1.40% | 1.53% | 1.46% | 1.35% | 0.94% | 0.33% | 0.71% | 0.93% | 0.77% | 0.55% | 0.17% | 0.18% |
FCNTX Fidelity Contrafund Fund | 5.25% | 4.19% | 4.26% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 6.08% | 3.81% | 5.33% | 7.55% |
Drawdowns
TEQAX vs. FCNTX - Drawdown Comparison
The maximum TEQAX drawdown since its inception was -72.10%, which is greater than FCNTX's maximum drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for TEQAX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
TEQAX vs. FCNTX - Volatility Comparison
The current volatility for Touchstone Global ESG Equity Fund (TEQAX) is 11.02%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 14.66%. This indicates that TEQAX 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.