FAQs
Key Morningstar Metrics for Fidelity Contrafund
The fund's roughly 13% annualized gain over the past decade beat the S&P 500 (the fund's broad-market prospectus benchmark) and ranked among the best-performing third of funds in either the large-blend or large-growth Morningstar Categories.
What is the Vanguard equivalent of FCNTX? ›
FCNTX is managed by Fidelity. It was launched on May 16, 1967. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index.
What ETF is similar to FCNTX? ›
Large Cap Blend Equities ETFs
| Symbol Symbol | ETF Name ETF Name | Expense Ratio Expense Ratio |
|---|
| VOOV | Vanguard S&P 500 Value ETF | 0.10% |
| TRND | Pacer Trendpilot Fund of Funds ETF | 0.77% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.04% |
| SPHB | Invesco S&P 500® High Beta ETF | 0.25% |
84 more rowsETF Benchmarks & Alternatives
| Ticker | Name | 1Y Return |
|---|
| VOO | Vanguard S&P 500 ETF | 28.15% |
| IVV | iShares Core S&P 500 ETF | 28.25% |
| SPY | SPDR S&P 500 ETF Trust | 28.04% |
| SH | ProShares Short S&P500 | -15.20% |
4 more rowsOne substantial disadvantage drove the rating downgrade for this otherwise excellent fund, says Morningstar's analyst. Fidelity Contrafund FCNTX remains excellent, but its colossal asset base is a substantial disadvantage and warrants a Morningstar Analyst Rating downgrade to Silver from Gold.
Which Fidelity funds outperform the S&P 500? ›
On average, the Fidelity Contrafund has beaten the S&P 500 Index by 2.57% per year. Growth of $10,000 invested in Contrafund versus S&P 500 Index, September 17, 1990 to December 31, 2023. Total value December 31, 2023 for Contrafund was $637,227, compared to $296,182 for the S&P 500 Index.
Is Fcntx a good fund? ›
FCNTX holds a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on various forecasting factors like size, cost, and past performance. Fidelity is based in Boston, MA, and is the manager of FCNTX.
Are Fidelity ETFs better than Vanguard? ›
While Fidelity wins out overall, Vanguard is the best option for retirement savers. Its platform offers tools and education focused specifically on retirement planning.
What replaced Fidelity Contrafund? ›
Effective January 2020, Fidelity Contrafund K Shares, a mutual fund vehicle, was replaced with Fidelity Contrafund Commingled Pool Class 1 Units, a collective investment trust or “CIT.” The Trustees elected to make this change after careful consideration and input from the Plan's Investment Consultant.
What is Fidelity's best-performing ETF? ›
The largest Fidelity ETF is the Fidelity Wise Origin Bitcoin Fund FBTC with $10.94B in assets. In the last trailing year, the best-performing Fidelity ETF was FDIG at 55.61%. The most recent ETF launched in the Fidelity space was the Fidelity Yield Enhanced Equity ETF FYEE on 04/11/24.
3 Top ETFs for a Diversified Stock Portfolio
- SPDR S&P 500 ETF Trust. The SPDR S&P 500 ETF Trust (SPY -0.48%) mirrors the S&P 500 Index, encompassing 500 of the largest U.S. corporations. ...
- Invesco QQQ Trust. ...
- iShares Russell 2000 ETF.
VOO = VFIAX, SPY, FXAIX
The VOO Fidelity mutual fund equivalent is FXAIX, the Fidelity ® 500 Index Fund.
What is Vanguard's best performing ETF? ›
10 Best-Performing Vanguard ETFs
| Ticker | Company | Performance (Year) |
|---|
| MGK | Vanguard Mega Cap Growth ETF | 32.53% |
| VONG | Vanguard Russell 1000 Growth Index ETF | 32.52% |
| VUG | Vanguard Growth ETF | 32.30% |
| VFH | Vanguard Financials ETF | 32.14% |
6 more rowsReturn comparison of all S&P 500 ETFs
| ETF | 2024 in % | 2020 in % |
|---|
| BNP Paribas Easy S&P 500 UCITS ETF USD | + 9.23% | +8.47% |
| iShares Core S&P 500 UCITS ETF (Acc) | + 9.23% | +8.04% |
| Vanguard S&P 500 UCITS ETF | + 9.23% | +8.05% |
| BNP Paribas Easy S&P 500 UCITS ETF | + 9.22% | +8.49% |
15 more rowsBelow, we've listed some key differentiators that an investor should keep in mind when comparing two similar ETFs dedicated to the same market segment.
- Management-expense ratio (MER) ...
- Index construction and underlying holdings. ...
- Commissions to buy and sell. ...
- Bid-ask spread. ...
- Premium/discount.
The current volatility for Fidelity 500 Index Fund (FXAIX) is 3.11%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 3.52%. This indicates that FXAIX experiences smaller price fluctuations and is considered to be less risky than FCNTX based on this measure.
Is Fidelity Contrafund a good investment? ›
Overall Rating. Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1109 funds within its Morningstar Category.
What is the rate of return on Fidelity Contrafund? ›
30 Years of Managing Fidelity Contrafund
| Return Type | 1 Yr | 10 Yrs |
|---|
| FUND Fidelity® Contrafund® | 36.18% | 14.31% |
| PRIMARY BENCHMARK S&P 500 Close | 22.66% | 12.41% |
| MORNINGSTAR CATEGORY AVERAGE Large Growth Close | 29.19% | 12.85% |
| Rank in Morningstar Category | 16% | 24% |
1 more rowAverage Price Target
Based on 303 Wall Street analysts offering 12 month price targets to Fidelity Contra Fund holdings in the last 3 months. The average price target is $21.58 with a high forecast of $24.54 and a low forecast of $17.79. The average price target represents a 11.86% change from the last price of $19.29.
