FCNTX has greatly outperformed S&P 500 since 1985, should I switch to it?

https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&symbol1=FCNTX&allocation1_1=100&symbol2=VFINX&allocation2_2=100&total1=100&total2=100&total3=0

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Even with fees it is not even close, just completely destroyed the market. You can choose any 10 years period and Fidelity gets you significantly more money, and less drawn down. You can compare it against S&P 500 index fund, growth index, small cap, you name it, it destroys them. It is one of the oldest funds too.

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Any reason to not trust Fidelity on this one?

Submitted July 22, 2019 at 08:34PM by hitmantb https://ift.tt/2Y0Dazd