FAQs
VOO - Performance Comparison. In the year-to-date period, FCNTX achieves a 26.13% return, which is significantly higher than VOO's 15.51% return. Over the past 10 years, FCNTX has outperformed VOO with an annualized return of 15.26%, while VOO has yielded a comparatively lower 12.88% annualized return.
Is the contrafund better than the S&P 500? ›
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 ETF is comparable to VOO? ›
What is similar to VOO?
| Similarity | Symbol | Fund Name |
|---|
| Practically Identical | SPY | S&P 500 ETF Trust |
| Practically Identical | VFIAX | 500 Index Fund Admiral Shares |
| Practically Identical | VINIX | Institutional Index Fund Institutional Shares |
| Practically Identical | VIIIX | Institutional Index Fund Institutional Plus Shares |
1 more rowLarge Cap Blend Equities ETFs
| Symbol Symbol | ETF Name ETF Name | Expense Ratio Expense Ratio |
|---|
| VONV | Vanguard Russell 1000 Value ETF | 0.08% |
| 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% |
84 more rowsFidelity Contrafund K6 (FLCNX) has a higher volatility of 2.79% compared to Vanguard Total Stock Market ETF (VTI) at 2.39%. This indicates that FLCNX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure.
Is FCNTX still a good fund? ›
Overall Rating
Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1100 funds within its Morningstar Category.
Which ETF outperforms S&P 500? ›
1. Vanguard Growth ETF. The Vanguard Growth ETF is up 37.3% over the past year and an even better 59.1% since the start of 2023. One look at its holdings, and it's easy to see why.
What pairs well with VOO? ›
Many people pair VOO with the Vanguard Total Bond Market ETF (BND) in a broader portfolio. The fixed income ETF has $95 billion in assets and is the largest bond ETF trading in the U.S. BND has two-thirds of its assets in U.S. government bonds, with most of the remainder in investment-grade corporate bonds.
Why is VOO so popular? ›
It provides exposure to the largest and most established US companies; that enhances the diversification as well as the quality of the portfolio. So, when the market is up, the portfolio is up; when the market is down, the portfolio is down, but you're holding the best and the brightest of all the US companies.
What are the top 5 ETFs to buy? ›
7 Best ETFs to Buy Now
| ETF | Expense Ratio | Year-to-date Performance |
|---|
| Global X Copper Miners ETF (COPX) | 0.65% | 26.2% |
| YieldMax NVDA Option Income Strategy ETF (NVDY) | 1.01% | 12.9% |
| iShares Semiconductor ETF (SOXX) | 0.35% | 14.9% |
| Simplify Interest Rate Hedge ETF (PFIX) | 0.50% | 22.9% |
3 more rowsMay 7, 2024
But to be clear, Ramsey's all in favor of using ETFs when used properly. For investors who can use ETFs as part of a long-term, buy-and-hold investment program, rather than as trading vehicles, Ramsey has nothing bad to say about them.
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 equivalent of VOO? ›
VOO = VFIAX, SPY, FXAIX
The VOO Fidelity mutual fund equivalent is FXAIX, the Fidelity ® 500 Index Fund. Fidelity does not have a VOO or FXAIX ETF equivalent. The State Street SPDR ETF equivalent for both funds is the SPDR S&P 500 ETF Trust (SPY).
Why Fidelity is better than Vanguard? ›
The key difference is that Fidelity is low-cost for a wide range of investor types, while Vanguard is a great low-cost solution aimed primarily at buy-and-hold investors.
What are the top 10 holdings in Fidelity Contrafund? ›
Top 10 Holdings (55.13% of Total Assets)
- META. Meta Platforms, Inc. 13.78%
- BRK.A. BRK.A 8.71%
- NVDA. NVIDIA Corporation 6.71%
- AMZN. Amazon.com, Inc. 6.53%
- MSFT. Microsoft Corporation 6.49%
- LLY. Eli Lilly and Company 3.23%
- AAPL. Apple Inc. 2.90%
- GOOGL. Alphabet Inc. 2.54%
On average, the Fidelity Contrafund has beaten the S&P 500 Index by 2.78% per year. Growth of $10,000 invested in Contrafund versus S&P 500 Index, September 17, 1990 to March 31, 2024. Total value March 31, 2024 for Contrafund was $751,828 compared to $327,447 for the S&P 500 Index.
Is there anything better than the S&P 500? ›
The S&P 500's track record is impressive, but the Vanguard Growth ETF has outperformed it. The Vanguard Growth ETF leans heavily toward tech businesses that exhibit faster revenue and earnings gains. No matter what investments you choose, it's always smart to keep a long-term mindset.
Which Fidelity mutual funds outperform the S&P 500? ›
On average, the Fidelity Contrafund has beaten the S&P 500 Index by 2.78% per year. Growth of $10,000 invested in Contrafund versus S&P 500 Index, September 17, 1990 to March 31, 2024. Total value March 31, 2024 for Contrafund was $751,828 compared to $327,447 for the S&P 500 Index.
Which funds have consistently beat the S&P 500? ›
That makes outperforming the S&P 500 on a consistent basis no small task. The one fund that has beaten the index in nine of the past 10 years is the Technology Select Sector SPDR Fund (NYSEMKT: XLK).
Is Contra Fund a good investment? ›
The fund managers of contra funds buy the undervalued stocks at a low price and get a good bargain on them. Investments are made considering the long-term potential of these stocks to grow. Hence, if you have short-term goals or want quick returns, you must avoid investing in Contra funds.
