Fidelity Advisor Financial Services Fund Class M (FAFSX) belongs to the Financials Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FAFSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAFSX
FAFSX charges 1.28% annually. There are 17 mutual funds in the Financials Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Financials Index Fund Admiral Shares | 0.09% | 13.90B | Feb 2004 | FAFSX vs VFAIX | |
| Fidelity Select Insurance Portfolio | 0.62% | — | Dec 1985 | FAFSX vs FSPCX | |
| Fidelity Advisor Financial Services Fund Class Z | 0.64% | — | Oct 2018 | FAFSX vs FIKBX | |
| Fidelity Select Financial Services Portfolio | 0.73% | — | Dec 1981 | FAFSX vs FIDSX | |
| Fidelity Select Banking Portfolio | 0.73% | — | Jun 1986 | FAFSX vs FSRBX |
Best Risk-Adjusted Alternatives to FAFSX
FAFSX has a PortfoliosLab risk / return rank of 26. There are 14 mutual funds in the Financials Equities category with higher risk-adjusted ranks, going as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Financial Services Fund | 88 | — | Oct 2018 | FAFSX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 86 | — | Oct 2018 | FAFSX vs GAFSX | |
| RMB Mendon Financial Services Fund | 83 | — | Jun 1999 | FAFSX vs RMBKX | |
| John Hancock Regional Bank Fund | 57 | — | Jan 1992 | FAFSX vs FRBAX | |
| Hennessy Small Cap Financial Fund | 55 | — | Jan 1997 | FAFSX vs HSFNX |
Top Performing FAFSX Alternatives (YTD)
FAFSX is at 9.49% YTD. There are 13 mutual funds in the Financials Equities category with higher YTD returns, going as high as 20.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| RMB Mendon Financial Services Fund | 20.12% | — | Jun 1999 | FAFSX vs RMBKX | |
| John Hancock Regional Bank Fund | 19.26% | — | Jan 1992 | FAFSX vs FRBAX | |
| John Hancock Financial Opportunities Fund | 19.05% | — | Aug 1994 | FAFSX vs BTO | |
| Fidelity Select Banking Portfolio | 15.84% | — | Jun 1986 | FAFSX vs FSRBX | |
| Hennessy Small Cap Financial Fund | 15.24% | — | Jan 1997 | FAFSX vs HSFNX |
Lowest Volatility Alternatives to FAFSX
FAFSX has 16.21% 1-year volatility. There are 14 mutual funds in the Financials Equities category with lower 1-year volatility, going as low as 7.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | 7.38% | — | Aug 2003 | FAFSX vs FLC | |
| Saratoga Financial Service Fund | 9.20% | — | Aug 2000 | FAFSX vs SFPAX | |
| Gabelli Global Financial Services Fund | 12.56% | — | Oct 2018 | FAFSX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 12.61% | — | Oct 2018 | FAFSX vs GAFSX | |
| ICON Consumer Select Fund | 14.30% | — | Jul 1997 | FAFSX vs ICFSX |
Lowest Drawdown Alternatives to FAFSX
FAFSX has a 1-year max drawdown of -13.10%. There are 11 mutual funds in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -4.86%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Saratoga Financial Service Fund | -4.86% | — | Aug 2000 | FAFSX vs SFPAX | |
| Flaherty & Crumrine Total Return Fund Inc | -8.34% | — | Aug 2003 | FAFSX vs FLC | |
| Gabelli Global Financial Services Fund | -9.42% | — | Oct 2018 | FAFSX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | -9.47% | — | Oct 2018 | FAFSX vs GAFSX | |
| RMB Mendon Financial Services Fund | -9.48% | — | Jun 1999 | FAFSX vs RMBKX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | FAFSX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | FAFSX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | FAFSX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | FAFSX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | FAFSX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | FAFSX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | FAFSX vs BDMAX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | FAFSX vs MADVX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | FAFSX vs BSIIX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | FAFSX vs BRHYX |
Often Compared With FAFSX
Investors most often compare FAFSX with RYKIX, SBFAX, RYFIX. These 12 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FAFSX with Any Fund or Stock
Compare FAFSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAFSX with funds that move differently
Fidelity Advisor Financial Services Fund Class M alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAFSX.
Explore FAFSX Diversifiers