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WIREX vs. FCNTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WIREX and FCNTX is 0.82, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

WIREX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wireless Fund (WIREX) and Fidelity Contrafund Fund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%NovemberDecember2025FebruaryMarchApril
60.90%
948.51%
WIREX
FCNTX

Key characteristics

Sharpe Ratio

WIREX:

0.23

FCNTX:

0.38

Sortino Ratio

WIREX:

0.53

FCNTX:

0.67

Omega Ratio

WIREX:

1.07

FCNTX:

1.09

Calmar Ratio

WIREX:

0.26

FCNTX:

0.42

Martin Ratio

WIREX:

0.79

FCNTX:

1.43

Ulcer Index

WIREX:

8.65%

FCNTX:

5.84%

Daily Std Dev

WIREX:

30.06%

FCNTX:

22.21%

Max Drawdown

WIREX:

-92.02%

FCNTX:

-48.74%

Current Drawdown

WIREX:

-17.24%

FCNTX:

-11.32%

Returns By Period

In the year-to-date period, WIREX achieves a -12.83% return, which is significantly lower than FCNTX's -4.42% return. Over the past 10 years, WIREX has outperformed FCNTX with an annualized return of 13.89%, while FCNTX has yielded a comparatively lower 12.72% annualized return.


WIREX

YTD

-12.83%

1M

-0.06%

6M

-12.41%

1Y

3.70%

5Y*

17.01%

10Y*

13.89%

FCNTX

YTD

-4.42%

1M

0.50%

6M

-6.11%

1Y

9.18%

5Y*

16.01%

10Y*

12.72%

*Annualized

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WIREX vs. FCNTX - Expense Ratio Comparison

WIREX has a 1.95% expense ratio, which is higher than FCNTX's 0.39% expense ratio.


Expense ratio chart for WIREX: current value is 1.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
WIREX: 1.95%
Expense ratio chart for FCNTX: current value is 0.39%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FCNTX: 0.39%

Risk-Adjusted Performance

WIREX vs. FCNTX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WIREX
The Risk-Adjusted Performance Rank of WIREX is 4040
Overall Rank
The Sharpe Ratio Rank of WIREX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of WIREX is 4242
Sortino Ratio Rank
The Omega Ratio Rank of WIREX is 4040
Omega Ratio Rank
The Calmar Ratio Rank of WIREX is 4444
Calmar Ratio Rank
The Martin Ratio Rank of WIREX is 3838
Martin Ratio Rank

FCNTX
The Risk-Adjusted Performance Rank of FCNTX is 5151
Overall Rank
The Sharpe Ratio Rank of FCNTX is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of FCNTX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of FCNTX is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FCNTX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FCNTX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WIREX vs. FCNTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Wireless Fund (WIREX) 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.


The chart of Sharpe ratio for WIREX, currently valued at 0.23, compared to the broader market-1.000.001.002.003.00
WIREX: 0.23
FCNTX: 0.38
The chart of Sortino ratio for WIREX, currently valued at 0.53, compared to the broader market-2.000.002.004.006.008.00
WIREX: 0.53
FCNTX: 0.67
The chart of Omega ratio for WIREX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.00
WIREX: 1.07
FCNTX: 1.09
The chart of Calmar ratio for WIREX, currently valued at 0.26, compared to the broader market0.002.004.006.008.0010.00
WIREX: 0.26
FCNTX: 0.42
The chart of Martin ratio for WIREX, currently valued at 0.79, compared to the broader market0.0010.0020.0030.0040.00
WIREX: 0.79
FCNTX: 1.43

The current WIREX Sharpe Ratio is 0.23, which is lower than the FCNTX Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of WIREX and FCNTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.23
0.38
WIREX
FCNTX

Dividends

WIREX vs. FCNTX - Dividend Comparison

WIREX's dividend yield for the trailing twelve months is around 2.23%, more than FCNTX's 0.06% yield.


TTM20242023202220212020201920182017201620152014
WIREX
Wireless Fund
2.23%1.95%0.45%6.80%16.58%11.36%21.52%0.00%0.00%0.00%0.00%2.96%
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

WIREX vs. FCNTX - Drawdown Comparison

The maximum WIREX drawdown since its inception was -92.02%, which is greater than FCNTX's maximum drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for WIREX and FCNTX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-17.24%
-11.32%
WIREX
FCNTX

Volatility

WIREX vs. FCNTX - Volatility Comparison

Wireless Fund (WIREX) has a higher volatility of 18.09% compared to Fidelity Contrafund Fund (FCNTX) at 14.63%. This indicates that WIREX'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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
18.09%
14.63%
WIREX
FCNTX