Fidelity Contrafund Compare: Analysis and Overview

The Fidelity Contrafund is one of the most popular and enduring investment options available. It's been around since 1973 and has a stellar track record of delivering consistent returns.

With a net asset value of over $150 billion, this fund is a behemoth in the investment world. Its size and scale are a testament to its enduring popularity.

The Contrafund's investment strategy is centered around a value approach, which means it focuses on buying undervalued stocks with strong growth potential. This approach has served the fund well over the years, with a long-term annual return of around 12%.

The fund's management team, led by William Danoff, has a proven track record of making savvy investment decisions. Danoff has been at the helm since 1990 and has consistently delivered strong returns for investors.

For more insights, see: Fidelity Contrafund Stock

The performance of Fidelity Contrafund is a key factor to consider when deciding whether to invest in the fund. The fund has a portfolio inception date of {{ fundDetails.overview.portfolioInceptionDate | naCheck }}.

The average annual total returns for Fidelity Contrafund are impressive, with a 1-year return of {{ averageAnnualTotalReturn.oneYearReturn | naCheckZeroOrPlus:2 }}% and a 5-year return of {{ averageAnnualTotalReturn.fiveYearReturn | naCheckZeroOrPlus:2 }}%. The fund's 10-year return is {{ averageAnnualTotalReturn.tenYearReturn | naCheckZeroOrPlus:2 }}%.

Here's a breakdown of the fund's performance metrics:

Fidelity Contrafund's expense ratio is also worth noting, with a rate of 0.39% that's 60% lower than its category average. This makes the fund's expense ratio grade an A.

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Fidelity Contrafund has an expense ratio of 0.39%, which is 60% lower than its category average, earning it an expense ratio grade of A.

The expense ratio measures how much of a fund's assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Fidelity Contrafund has a portfolio turnover rate of 16%, indicating that it holds its assets around 0.1 years.

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A comparison of Fidelity Contrafund's expense ratio to that of VOO shows that VOO has a significantly lower expense ratio of 0.03%.

Here's a comparison of Fidelity Contrafund's fees to those of another fund, FOCPX:

In this case, Fidelity Contrafund has a significantly lower expense ratio than FOCPX, making it a more cost-effective option.

When looking at the portfolio data of Fidelity Contrafund and Fidelity Opportunity Fund, we can see that they have some differences in their weighted average maturity. Fidelity Contrafund has an average maturity of {{fundDetails.wamData.averageMaturityDaysInDays}} Days as of {{fundDetails.wamData.averageMaturityDaysDate}}, while Fidelity Opportunity Fund has an average maturity of {{fundDetails.wamData.averageMaturityYearsInYears}} Years as of {{fundDetails.wamData.averageMaturityYearsDate}}.

The weighted average life of Fidelity Contrafund is {{fundDetails.wamData.avgLifeDays}} Days as of {{fundDetails.wamData.averageMaturityDaysDate}}. This is an important metric to consider when evaluating the portfolio data.

Here's a quick comparison of the portfolio data:

When looking at a fund's portfolio data, one of the key metrics to consider is the Weighted Average Maturity (WAM). This tells you how long, on average, the fund's investments will take to mature. For example, a fund with a WAM of 100 days means that its investments will take around 100 days to mature.

The WAM can give you an idea of the fund's overall risk level, with longer WAMs typically indicating higher risk. I've found that funds with shorter WAMs tend to be more stable, but may not offer the same potential for growth as those with longer WAMs.

Here's a breakdown of the different WAM metrics you might see:

These metrics can give you a better understanding of the fund's risk profile and potential for growth. Be sure to check the dates of these metrics, as they may change over time.

You can find the historical prices of a fund by looking at the "Historical Prices, Distribution & Yields" section, which includes the fund's number, CUSIP number, and trading symbol.

The historical prices are available for a specified period, which can be adjusted to show data for a certain number of days.

To get an idea of the fund's distribution yield, you can look at the 30-Day SEC Yield and 1-Month Distribution Yield, which are calculated based on the fund's daily yields.

Here's a summary of the key yield statistics:

The fund's historical prices can be downloaded for semi-private users, but this requires a specific permission setting.

NAV as of {{price.navDate}} at {{price.strikeTime}} is a crucial piece of information for any investor. It represents the net asset value of a fund, which is the total value of its assets minus liabilities.

The NAV is displayed as of a specific date, and it's essential to note that it's not the same as the fund's price. The fund's price can fluctuate throughout the day, but the NAV is typically calculated once a day.

The NAV is usually expressed in dollars, and it's a key metric for investors to evaluate the performance of their fund. A higher NAV typically indicates a better-performing fund.

Here's a breakdown of the NAV metrics:

Understanding these metrics can help you make informed decisions about your investment portfolio.

Market Capitalization is a crucial metric to understand in portfolio data. It represents the total value of a company's outstanding shares.

The range of market capitalization can vary significantly, but it's often categorized into three main ranges: small-cap, mid-cap, and large-cap.

To give you a better idea, here's a breakdown of the market capitalization ranges:

This categorization helps investors understand the size and potential risk of a company.

Size is an important factor to consider when evaluating a fund. It can give you an idea of how many other investors trust the fund.

Market capitalization is a key size characteristic. It measures the total value of a fund's assets. For example, a fund with a market capitalization of $118 billion has a significant amount of assets under management.

A fund's size can also be compared to a benchmark. This helps you understand how the fund's size stacks up against its peers.

Here's a comparison of two funds, FCNTX and FOCPX, in terms of their market capitalization:

Both funds are categorized as large funds by Minafi, indicating that they have a significant number of assets under management.

Fund size is also related to the number of assets covered by the fund. This can be measured by the fund's asset coverage percentage. For example, a fund with a 100% asset coverage percentage means that it covers all of its assets.

Here's a breakdown of the asset coverage for two funds:

Keep in mind that a large fund is not necessarily a good fund. It's just one factor to consider when evaluating a fund's potential.

A key aspect of the Fidelity Contrafund is its investment strategy, which is focused on long-term growth through a mix of value and growth stocks. This approach has helped the fund achieve an average annual return of 13.6% over the past 10 years.

The fund's investment process involves a thorough research and analysis of potential stocks, with a focus on companies with strong financials and competitive advantages. This has allowed the fund to maintain a relatively low turnover rate, with only 20% of its holdings changed over the past year.

By taking a long-term view and avoiding market volatility, the Fidelity Contrafund has been able to deliver consistent returns to its investors.

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A solid investment strategy is key to achieving your financial goals. It involves setting clear objectives, understanding your risk tolerance, and diversifying your portfolio.

A diversified portfolio can help reduce risk by spreading investments across different asset classes, such as stocks, bonds, and real estate. This can help you ride out market fluctuations and avoid significant losses.

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Risk tolerance refers to your ability to withstand market volatility. If you're risk-averse, you may want to focus on lower-risk investments, such as bonds or money market funds.

Incorporating a mix of low-risk and high-risk investments can help balance your portfolio and increase potential returns over time. For example, investing in a mix of stable bonds and higher-risk stocks can provide a balance between income and growth.

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Understanding the Style Map, or more specifically, the Style Map Fund, is crucial in evaluating an investment's performance. The Style Map Fund provides a snapshot of a fund's investment style.

The data is as of a specific date, which is the Style Map As Of date. This date can be found in the fund details provided by Morningstar, Inc.

The Style Map Fund is a historical representation of a fund's investment style. This data is essential in making informed investment decisions.

Here's a breakdown of the key characteristics of a Style Map Fund:

The Style Map Fund's asset coverage and securities coverage are essential metrics to evaluate a fund's performance.