WMLIX vs. FCNTX
Compare and contrast key facts about Wilmington Large-Cap Strategy Fund (WMLIX) and Fidelity Contrafund Fund (FCNTX).
WMLIX is managed by Wilmington Funds. It was launched on Jul 1, 2003. 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: WMLIX or FCNTX.
Correlation
The correlation between WMLIX and FCNTX is 0.92, 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
WMLIX vs. FCNTX - Performance Comparison
Key characteristics
WMLIX:
1.15
FCNTX:
1.55
WMLIX:
1.52
FCNTX:
2.10
WMLIX:
1.22
FCNTX:
1.28
WMLIX:
1.24
FCNTX:
2.31
WMLIX:
4.44
FCNTX:
8.03
WMLIX:
3.59%
FCNTX:
3.13%
WMLIX:
13.96%
FCNTX:
16.21%
WMLIX:
-56.75%
FCNTX:
-48.74%
WMLIX:
-6.20%
FCNTX:
-1.22%
Returns By Period
In the year-to-date period, WMLIX achieves a 3.55% return, which is significantly lower than FCNTX's 6.47% return. Over the past 10 years, WMLIX has underperformed FCNTX with an annualized return of 7.57%, while FCNTX has yielded a comparatively higher 13.99% annualized return.
WMLIX
3.55%
4.40%
8.24%
15.05%
6.49%
7.57%
FCNTX
6.47%
5.61%
14.42%
24.01%
15.73%
13.99%
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WMLIX vs. FCNTX - Expense Ratio Comparison
WMLIX has a 0.25% expense ratio, which is lower than FCNTX's 0.39% expense ratio.
Risk-Adjusted Performance
WMLIX vs. FCNTX — Risk-Adjusted Performance Rank
WMLIX
FCNTX
WMLIX vs. FCNTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wilmington Large-Cap Strategy Fund (WMLIX) 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
WMLIX vs. FCNTX - Dividend Comparison
WMLIX's dividend yield for the trailing twelve months is around 1.04%, more than FCNTX's 0.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMLIX Wilmington Large-Cap Strategy Fund | 1.04% | 1.07% | 1.28% | 1.56% | 1.01% | 1.38% | 1.65% | 1.87% | 1.55% | 1.81% | 1.59% | 1.54% |
FCNTX Fidelity Contrafund Fund | 0.08% | 0.08% | 0.48% | 13.65% | 10.80% | 8.01% | 4.16% | 9.14% | 5.54% | 0.30% | 0.31% | 7.55% |
Drawdowns
WMLIX vs. FCNTX - Drawdown Comparison
The maximum WMLIX drawdown since its inception was -56.75%, which is greater than FCNTX's maximum drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for WMLIX and FCNTX. For additional features, visit the drawdowns tool.
Volatility
WMLIX vs. FCNTX - Volatility Comparison
The current volatility for Wilmington Large-Cap Strategy Fund (WMLIX) is 3.83%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 4.94%. This indicates that WMLIX 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.