UGPIX vs. FCNTX
UGPIX (ProFunds UltraChina) and FCNTX (Fidelity Contrafund) are both mutual funds - UGPIX is a Leveraged Equities fund managed by ProFunds, while FCNTX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, UGPIX returned 7.63%/yr vs 16.85%/yr for FCNTX. Their 0.26 correlation means their historical movements had little consistent relationship. UGPIX charges 1.74%/yr vs 0.39%/yr for FCNTX.
Performance
UGPIX vs. FCNTX - Performance Comparison
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Returns By Period
In the year-to-date period, UGPIX achieves a -32.30% return, which is significantly lower than FCNTX's 5.62% return. Over the past 10 years, UGPIX has underperformed FCNTX with an annualized return of 7.63%, while FCNTX has yielded a comparatively higher 16.85% annualized return.
UGPIX
- 1D
- 1.36%
- 1M
- 19.83%
- 6M
- -35.18%
- YTD
- -32.30%
- 1Y
- -24.92%
- 3Y*
- -18.59%
- 5Y*
- 10.33%
- 10Y*
- 7.63%
- ALL TIME*
- -1.22%
FCNTX
- 1D
- 0.95%
- 1M
- -3.83%
- 6M
- 3.61%
- YTD
- 5.62%
- 1Y
- 13.75%
- 3Y*
- 22.98%
- 5Y*
- 13.11%
- 10Y*
- 16.85%
- ALL TIME*
- 13.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
FCNTX Fidelity Contrafund | $0.00 | $0.00 | $0.00 |
UGPIX ProFunds UltraChina | $0.00 | $0.00 | $0.00 |
UGPIX vs. FCNTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UGPIX ProFunds UltraChina | -32.30% | 36.28% | -21.79% | 785.09% | -53.03% | -73.86% | 76.47% | 40.07% | -46.51% | 105.73% |
FCNTX Fidelity Contrafund | 5.62% | 21.76% | 36.00% | 38.67% | -28.31% | 24.52% | 32.48% | 30.00% | -3.81% | 32.18% |
Correlation
The correlation between UGPIX and FCNTX is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.52 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2000 | 0.26 |
Over the past year, UGPIX and FCNTX have become more correlated (0.46) than their long-term average of 0.26, meaning their price movements have been converging.
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Return for Risk
UGPIX vs. FCNTX — Risk / Return Rank
UGPIX
FCNTX
UGPIX vs. FCNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraChina (UGPIX) and Fidelity Contrafund (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UGPIX | FCNTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.16 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 1.19 | -1.60 |
| Martin ratioReturn relative to average drawdown | -0.73 | 4.65 | -5.38 |
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Drawdowns
UGPIX vs. FCNTX - Drawdown Comparison
The maximum UGPIX drawdown since its inception was -98.56%, which is greater than FCNTX's maximum drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for UGPIX and FCNTX.
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Drawdown Indicators
| UGPIX | FCNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.56% | -49.19% | -49.37% |
Max Drawdown (1Y)Largest decline over 1 year | -65.51% | -11.30% | -54.21% |
Max Drawdown (3Y)Largest decline over 3 years | -65.51% | -19.75% | -45.76% |
Max Drawdown (5Y)Largest decline over 5 years | -88.22% | -32.59% | -55.63% |
Max Drawdown (10Y)Largest decline over 10 years | -96.22% | -32.59% | -63.63% |
Current DrawdownCurrent decline from peak | -80.75% | -5.29% | -75.46% |
Average DrawdownAverage peak-to-trough decline | -79.77% | -8.14% | -71.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.83% | 2.89% | +33.94% |
Volatility
UGPIX vs. FCNTX - Volatility Comparison
ProFunds UltraChina (UGPIX) has a higher volatility of 13.99% compared to Fidelity Contrafund (FCNTX) at 3.84%. This indicates that UGPIX's price experiences larger fluctuations and is considered to be riskier than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UGPIX | FCNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.99% | 3.84% | +10.15% |
Volatility (6M)Calculated over the trailing 6-month period | 37.67% | 12.26% | +25.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.08% | 15.46% | +37.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 387.93% | 19.37% | +368.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 276.46% | 19.73% | +256.73% |
UGPIX vs. FCNTX - Expense Ratio Comparison
UGPIX has a 1.74% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Dividends
UGPIX vs. FCNTX - Dividend Comparison
UGPIX's dividend yield for the trailing twelve months is around 8.93%, more than FCNTX's 4.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNTX Fidelity Contrafund | 4.42% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
UGPIX ProFunds UltraChina | 8.93% | 6.05% | 2.91% | 3.25% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.77% | 0.00% | 0.00% |
Frequently Asked Questions
UGPIX and FCNTX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UGPIX has higher volatility (13.99%) compared to FCNTX (3.84%). In terms of maximum drawdown, UGPIX dropped -98.56% vs FCNTX's -49.19%.
FCNTX currently has the higher Sharpe Ratio (0.87 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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