- ISIN
- US3159187976
- Issuer
- BlackRock
- Inception Date
- Sep 3, 1996
- Category
- Financials Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FAFSX Performance Chart
Fidelity Advisor Financial Services Fund Class M (FAFSX) is up 9.5% since the beginning of the year. FAFSX is currently trading at $41 per share. Investors who bought $1,000 worth of FAFSX shares 5 years ago would now be looking at an investment worth $1,909.
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Returns By Period
Fidelity Advisor Financial Services Fund Class M (FAFSX) has returned 9.49% so far this year and 19.24% over the past 12 months. Looking at the last ten years, FAFSX has achieved an annualized return of 14.17%, outperforming the S&P 500 Index benchmark, which averaged 13.26% per year.
Fidelity Advisor Financial Services Fund Class M
- 1D
- 0.89%
- 1M
- 2.97%
- 6M
- 9.23%
- YTD
- 9.49%
- 1Y
- 19.24%
- 3Y*
- 24.03%
- 5Y*
- 13.80%
- 10Y*
- 14.17%
- ALL TIME*
- 8.00%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FAFSX Monthly Returns History
Based on dividend-adjusted daily data since Aug 30, 1996, FAFSX's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, an investment would double in approximately 7.1 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2009 with a return of +19.8%, while the worst month was Mar 2020 at -26.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FAFSX closed higher 51% of trading days. The best single day was Nov 24, 2008 with a return of +14.5%, while the worst single day was Dec 1, 2008 at -15.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.24% | -4.55% | -3.21% | 7.40% | -1.82% | 5.66% | 6.12% | 9.49% | |||||
| 2025 | 6.19% | -1.09% | -5.15% | -2.73% | 6.39% | 4.46% | -0.00% | 3.68% | -1.06% | -3.38% | 2.79% | 4.45% | 14.61% |
| 2024 | 1.13% | 3.60% | 5.60% | -4.38% | 3.31% | -0.47% | 8.68% | 1.70% | 0.39% | 4.32% | 11.15% | -1.06% | 38.47% |
| 2023 | 9.42% | -2.30% | -12.08% | 1.47% | -4.09% | 5.64% | 7.19% | -3.49% | -3.09% | -3.82% | 12.69% | 8.33% | 13.74% |
| 2022 | 2.89% | -1.32% | -2.88% | -8.35% | 3.82% | -10.22% | 7.53% | -1.27% | -7.52% | 11.72% | 4.49% | -5.90% | -9.15% |
| 2021 | -1.07% | 11.99% | 6.78% | 6.57% | 3.24% | -3.79% | -0.39% | 4.67% | -1.57% | 6.26% | -6.73% | 4.11% | 32.60% |
Benchmark Metrics
Fidelity Advisor Financial Services Fund Class M has an annualized alpha of -0.47%, beta of 1.16, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since August 30, 1996.
- This fund participated in 105.95% of S&P 500 Index downside but only 104.36% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.47%
- Beta
- 1.16
- R²
- 0.73
- Upside Capture
- 104.36%
- Downside Capture
- 105.95%
Expense Ratio
FAFSX has a high expense ratio of 1.28%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FAFSX ranks 25 for risk / return — above 25% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Financial Services Fund Class M (FAFSX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAFSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.25 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.00 | -0.78 |
| Martin ratioReturn relative to average drawdown | 3.48 | 8.49 | -5.01 |
Dividends
Dividend History
Fidelity Advisor Financial Services Fund Class M provided a 6.22% dividend yield over the last twelve months, with an annual payout of $2.53 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.53 | $2.53 | $3.21 | $0.57 | $1.42 | $1.16 | $0.51 | $0.23 | $0.65 | $0.01 | $0.02 | $0.06 |
Dividend yield | 6.22% | 6.81% | 9.29% | 2.09% | 5.75% | 4.06% | 2.24% | 0.98% | 3.73% | 0.06% | 0.11% | 0.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Financial Services Fund Class M. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.53 | $2.53 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.21 | $3.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.57 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.42 | $1.42 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.16 | $1.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Financial Services Fund Class M. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Financial Services Fund Class M was 75.78%, occurring on Mar 9, 2009. Recovery took 2176 trading sessions.
The current Fidelity Advisor Financial Services Fund Class M drawdown is 0.73%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-75.78%Mar 2009 | 1y 9mo | 8y 7mo | 10y 4moJun 2007 - Oct 2017 | Financial crisis2007–2009 |
-46.03%Mar 2020 | 1mo 8d | 9mo 19d | 10mo 27dFeb 2020 - Jan 2021 | COVID crash2020 |
-33.84%Oct 1998 | 2mo 25d | 6mo 6d | 9mo 1dJul 1998 - Apr 1999 | — |
-32.32%Oct 2002 | 1y 9mo | 1y 25d | 2y 10moJan 2001 - Nov 2003 | Dot-com crash2000–2002 |
-26.83%Dec 2018 | 10mo 29d | 10mo 18d | 1y 9moJan 2018 - Nov 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| FAFSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.78% | -56.78% | -19.00% |
Max Drawdown (1Y)Largest decline over 1 year | -13.10% | -9.10% | -4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -19.46% | -18.90% | -0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -25.33% | -25.43% | +0.10% |
Max Drawdown (10Y)Largest decline over 10 years | -46.03% | -33.92% | -12.11% |
Current DrawdownCurrent decline from peak | -0.73% | -1.58% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -17.95% | -10.70% | -7.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.59% | 2.14% | +2.45% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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