Cryptocurrency Q&A What Fidelity funds beat the S&P 500?

What Fidelity funds beat the S&P 500?

SamsungShineBrightnessRadianceGlitter SamsungShineBrightnessRadianceGlitter Fri Sep 20 2024 | 6 answers 1072
Hello there, I'm curious to know, which Fidelity funds have managed to outperform the S&P 500 index in recent years? I understand that Fidelity offers a diverse range of investment options, but I'm particularly interested in those that have consistently beaten the market benchmark. Can you provide me with some examples of these funds, and maybe some insights into their investment strategies or key factors that have contributed to their success? What Fidelity funds beat the S&P 500?

6 answers

GyeongjuGloryDays GyeongjuGloryDays Sun Sep 22 2024
To illustrate the magnitude of this outperformance, consider an investment of $10,000 made in the Contrafund versus the S&P 500 Index over a significant period from September 17, 1990, to March 31, 2024.

Was this helpful?

98
35
SsamziegangSerenadeMelodyHarmonySoul SsamziegangSerenadeMelodyHarmonySoul Sun Sep 22 2024
Over this nearly three and a half-decade span, the Contrafund has significantly grown the initial investment, demonstrating its potential for capital appreciation.

Was this helpful?

74
24
isabella_cole_psychologist isabella_cole_psychologist Sun Sep 22 2024
By March 31, 2024, the total value of the $10,000 investment in the Contrafund amounted to an impressive $751,828. This figure underscores the fund's ability to generate substantial returns for investors over time.

Was this helpful?

331
87
Valentino Valentino Sun Sep 22 2024
The Fidelity Contrafund has consistently outperformed the S&P 500 Index, achieving an average annual excess return of 2.78%. This superior performance has been a notable aspect of the fund's long-term track record.

Was this helpful?

298
96
CryptoQueen CryptoQueen Sun Sep 22 2024
In contrast, the same $10,000 investment in the S&P 500 Index over the same period would have yielded a total value of $327,447. This comparison highlights the significant performance gap between the Contrafund and the broader market index.

Was this helpful?

92
77
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts