- ISIN
- US3159184668
- Issuer
- Fidelity
- Inception Date
- Dec 27, 2000
- Category
- Health & Biotech Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FBTIX Performance Chart
Fidelity Advisor Biotechnology Fund I Class (FBTIX) is up 12.2% since the beginning of the year. FBTIX is currently trading at $46 per share. Investors who bought $1,000 worth of FBTIX shares 5 years ago would now be looking at an investment worth $1,681.
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Returns By Period
Fidelity Advisor Biotechnology Fund I Class (FBTIX) has returned 12.17% so far this year and 65.23% over the past 12 months. Over the last ten years, FBTIX has had an annualized return of 13.68%, just under the S&P 500 Index benchmark’s 13.71%.
Fidelity Advisor Biotechnology Fund I Class
- 1D
- 5.14%
- 1M
- 8.18%
- YTD
- 12.17%
- 6M
- 9.59%
- 1Y
- 65.23%
- 3Y*
- 22.28%
- 5Y*
- 10.95%
- 10Y*
- 13.68%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
FBTIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 27, 2000, FBTIX's average daily return is +0.05%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.
Historically, 60% of months were positive and 40% were negative. The best month was Dec 2023 with a return of +19.5%, while the worst month was Jan 2016 at -26.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FBTIX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +12.3%, while the worst single day was Mar 16, 2020 at -11.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.41% | 2.20% | -1.29% | 2.09% | 0.56% | 6.81% | 12.17% | ||||||
| 2025 | 0.97% | -0.60% | -5.14% | 0.60% | -3.14% | 3.61% | 8.15% | 5.92% | 10.91% | 8.58% | 10.65% | -4.64% | 39.91% |
| 2024 | 4.25% | 6.55% | 1.96% | -8.93% | 1.72% | 4.50% | 7.88% | 3.09% | 0.52% | 0.49% | -6.12% | -8.65% | 5.63% |
| 2023 | 1.14% | -3.55% | -2.29% | 3.31% | 0.33% | 0.48% | 2.25% | -2.92% | -4.09% | -5.66% | 4.19% | 19.51% | 11.02% |
| 2022 | -12.74% | 0.27% | 4.83% | -13.08% | -6.15% | 5.56% | 2.65% | 8.50% | -1.92% | 5.48% | 1.71% | -0.33% | -7.74% |
| 2021 | 0.55% | 0.66% | -4.67% | 1.42% | -4.86% | 5.55% | -1.81% | 8.66% | -5.05% | 1.25% | -6.26% | 2.82% | -2.86% |
Benchmark Metrics
Fidelity Advisor Biotechnology Fund I Class has an annualized alpha of 4.11%, beta of 0.92, and R2 of 0.45 versus S&P 500 Index. Calculated based on daily prices since December 27, 2000.
- This fund captured 101.79% of S&P 500 Index gains but only 93.72% of its losses - a favorable profile for investors.
- R2 of 0.45 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 4.11%
- Beta
- 0.92
- R²
- 0.45
- Upside Capture
- 101.79%
- Downside Capture
- 93.72%
Expense Ratio
FBTIX has an expense ratio of 0.73%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FBTIX ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund I Class (FBTIX) 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.
| FBTIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.32 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 7.26 | 2.46 | +4.81 |
| Martin ratioReturn relative to average drawdown | 20.08 | 10.92 | +9.17 |
Dividends
Dividend History
Fidelity Advisor Biotechnology Fund I Class provided a 1.24% dividend yield over the last twelve months, with an annual payout of $0.57 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.57 | $0.57 | $1.70 | $0.41 | $0.00 | $5.55 | $2.92 | $1.91 | $0.59 | $0.00 | $0.00 | $1.44 |
Dividend yield | 1.24% | 1.39% | 5.69% | 1.36% | 0.00% | 18.74% | 8.01% | 6.44% | 2.35% | 0.00% | 0.00% | 5.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Biotechnology Fund I Class. 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 | ||||||
| 2025 | $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 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.70 | $1.70 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $5.41 | $5.55 |
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 Biotechnology Fund I Class. 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 Biotechnology Fund I Class was 63.45%, occurring on Jul 10, 2002. Recovery took 2240 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -63.45%Jul 2002 | 1y 6mo | 8y 10mo | 10y 5moDec 2000 - May 2011 |
2016 bear market2016 | -45.09%Feb 2016 | 6mo 26d | 4y | 4y 6moJul 2015 - Feb 2020 |
Bear market2022 | -38.64%Jun 2022 | 1y 4mo | 1y 8mo | 3y 17dFeb 2021 - Feb 2024 |
2025 selloff2025 | -32.80%Apr 2025 | 4mo 28d | 5mo 25d | 10mo 23dNov 2024 - Sep 2025 |
COVID crash2020 | -25.65%Mar 2020 | 1mo 2d | 1mo 12d | 2mo 14dFeb 2020 - Apr 2020 |
Drawdown Indicators
| FBTIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -56.78% | -6.67% |
Max Drawdown (1Y)Largest decline over 1 year | -8.90% | -9.10% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -32.80% | -18.90% | -13.90% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -25.43% | -10.98% |
Max Drawdown (10Y)Largest decline over 10 years | -38.64% | -33.92% | -4.72% |
Current DrawdownCurrent decline from peak | 0.00% | -3.21% | +3.21% |
Average DrawdownAverage peak-to-trough decline | -20.58% | -10.71% | -9.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 2.04% | +1.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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