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% | 13.50B | Feb 2004 | FAFSX vs VFAIX | |
| 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 | |
| Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.75% | — | Jul 1985 | FAFSX vs FSLBX |
Best Risk-Adjusted Alternatives to FAFSX
FAFSX has a PortfoliosLab risk / return rank of 12. There are 13 mutual funds in the Financials Equities category with higher risk-adjusted ranks, going as high as 73.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Financial Services Fund | 73 | — | Oct 2018 | FAFSX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 71 | — | Oct 2018 | FAFSX vs GAFSX | |
| RMB Mendon Financial Services Fund | 59 | — | Jun 1999 | FAFSX vs RMBKX | |
| Hennessy Small Cap Financial Fund | 38 | — | Jan 1997 | FAFSX vs HSFNX | |
| Rydex Banking Fund | 36 | — | Apr 1998 | FAFSX vs RYKIX |
Top Performing FAFSX Alternatives (YTD)
FAFSX is at 2.67% YTD. There are 12 mutual funds in the Financials Equities category with higher YTD returns, going as high as 13.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| RMB Mendon Financial Services Fund | 13.40% | — | Jun 1999 | FAFSX vs RMBKX | |
| John Hancock Regional Bank Fund | 12.63% | — | Jan 1992 | FAFSX vs FRBAX | |
| John Hancock Financial Opportunities Fund | 12.49% | — | Aug 1994 | FAFSX vs BTO | |
| Hennessy Small Cap Financial Fund | 11.31% | — | Jan 1997 | FAFSX vs HSFNX | |
| Fidelity Select Banking Portfolio | 10.54% | — | Jun 1986 | FAFSX vs FSRBX |
Lowest Volatility Alternatives to FAFSX
FAFSX has 16.10% 1-year volatility. There are 14 mutual funds in the Financials Equities category with lower 1-year volatility, going as low as 7.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | 7.22% | — | Aug 2003 | FAFSX vs FLC | |
| Saratoga Financial Service Fund | 9.55% | — | Aug 2000 | FAFSX vs SFPAX | |
| Gabelli Global Financial Services Fund | 12.78% | — | Oct 2018 | FAFSX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 12.82% | — | Oct 2018 | FAFSX vs GAFSX | |
| ICON Consumer Select Fund | 14.09% | — | 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 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 30 | 11.26% | — | Sep 2021 | FAFSX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 9.77% | — | Jul 1993 | FAFSX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 13.03% | — | Dec 2012 | FAFSX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.39% | — | May 2011 | FAFSX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.90% | — | Dec 1991 | FAFSX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 28 | 1.80% | — | Aug 2005 | FAFSX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 64 | 11.89% | — | Jul 2010 | FAFSX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 69 | 43.67% | — | Apr 2000 | FAFSX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.45% | — | Oct 2007 | FAFSX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 77 | 14.17% | — | Sep 1999 | FAFSX vs FAMRX |
Often Compared With FAFSX
Investors most often compare FAFSX with SBFAX, RYFIX, NASDX. These 5 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 1919 Financial Services Fund | Financials Equities | 4 | -1.82% | — | Nov 1998 | FAFSX vs SBFAX | |
| Rydex Financial Services Fund | Financials Equities | 7 | 0.46% | — | Apr 1998 | FAFSX vs RYFIX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 71 | 20.21% | — | Jan 2000 | FAFSX vs NASDX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio, Municipal Bonds | 76 | 5.23% | 12.30B | Sep 1994 | FAFSX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 63 | 9.59% | 30.00B | Sep 1994 | FAFSX vs VTCLX |
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