Correlation
The correlation between VMVIX 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.
VMVIX vs. FCNTX
Compare and contrast key facts about Vanguard Mid-Cap Value Index Fund (VMVIX) and Fidelity Contrafund Fund (FCNTX).
VMVIX is managed by Vanguard. It was launched on Aug 17, 2006. 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: VMVIX or FCNTX.
Performance
VMVIX vs. FCNTX - Performance Comparison
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Key characteristics
VMVIX:
0.59
FCNTX:
0.80
VMVIX:
0.75
FCNTX:
1.23
VMVIX:
1.10
FCNTX:
1.17
VMVIX:
0.41
FCNTX:
0.89
VMVIX:
1.31
FCNTX:
3.00
VMVIX:
5.78%
FCNTX:
5.84%
VMVIX:
16.86%
FCNTX:
22.19%
VMVIX:
-61.61%
FCNTX:
-49.03%
VMVIX:
-7.36%
FCNTX:
-3.19%
Returns By Period
In the year-to-date period, VMVIX achieves a 0.27% return, which is significantly lower than FCNTX's 4.76% return. Over the past 10 years, VMVIX has underperformed FCNTX with an annualized return of 7.98%, while FCNTX has yielded a comparatively higher 15.28% annualized return.
VMVIX
0.27%
3.52%
-7.24%
9.93%
5.51%
13.49%
7.98%
FCNTX
4.76%
8.22%
4.41%
17.72%
21.63%
17.67%
15.28%
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VMVIX vs. FCNTX - Expense Ratio Comparison
VMVIX has a 0.19% expense ratio, which is lower than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
VMVIX vs. FCNTX — Risk-Adjusted Performance Rank
VMVIX
FCNTX
VMVIX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Value Index Fund (VMVIX) 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.
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Dividends
VMVIX vs. FCNTX - Dividend Comparison
VMVIX's dividend yield for the trailing twelve months is around 2.20%, less than FCNTX's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMVIX Vanguard Mid-Cap Value Index Fund | 2.20% | 2.00% | 2.16% | 2.15% | 1.67% | 2.26% | 1.95% | 2.60% | 1.75% | 1.81% | 1.91% | 1.51% |
FCNTX Fidelity Contrafund Fund | 4.77% | 4.19% | 4.26% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 6.08% | 3.81% | 5.33% | 7.29% |
Drawdowns
VMVIX vs. FCNTX - Drawdown Comparison
The maximum VMVIX drawdown since its inception was -61.61%, which is greater than FCNTX's maximum drawdown of -49.03%. Use the drawdown chart below to compare losses from any high point for VMVIX and FCNTX.
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Volatility
VMVIX vs. FCNTX - Volatility Comparison
The current volatility for Vanguard Mid-Cap Value Index Fund (VMVIX) is 4.54%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 5.14%. This indicates that VMVIX 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.
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