John Hancock Financial Industries Fund (FIDAX) Alternatives
John Hancock Financial Industries Fund (FIDAX) 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 FIDAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FIDAX
FIDAX charges 1.24% annually. Among mutual funds in the Financials Equities category, these options have the lowest expense ratios among FIDAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Vanguard Financials Index Fund Admiral Shares | 0.10% | Feb 4, 2004 | FIDAX vs VFAIX | |
| Fidelity Advisor Financial Services Fund Class Z | 0.64% | Oct 2, 2018 | FIDAX vs FIKBX | |
| Fidelity Select Financial Services Portfolio | 0.73% | Dec 10, 1981 | FIDAX vs FIDSX | |
| Fidelity Select Banking Portfolio | 0.73% | Jun 30, 1986 | FIDAX vs FSRBX | |
| Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.75% | Jul 29, 1985 | FIDAX vs FSLBX |
Best Risk-Adjusted Alternatives to FIDAX
Among mutual funds in the Financials Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Gabelli Global Financial Services Fund | 83 | Oct 1, 2018 | FIDAX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 81 | Oct 1, 2018 | FIDAX vs GAFSX | |
| RMB Mendon Financial Services Fund | 43 | Jun 7, 1999 | FIDAX vs RMBKX | |
| Rydex Banking Fund | 39 | Apr 1, 1998 | FIDAX vs RYKIX | |
| Hennessy Small Cap Financial Fund | 38 | Jan 3, 1997 | FIDAX vs HSFNX |
Top Performing FIDAX Alternatives (YTD)
FIDAX alternatives from the Financials Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| John Hancock Financial Opportunities Fund | 3.32% | Aug 18, 1994 | FIDAX vs BTO | |
| Hennessy Small Cap Financial Fund | 1.71% | Jan 3, 1997 | FIDAX vs HSFNX | |
| RMB Mendon Financial Services Fund | 1.05% | Jun 7, 1999 | FIDAX vs RMBKX | |
| John Hancock Regional Bank Fund | 0.80% | Jan 3, 1992 | FIDAX vs FRBAX | |
| Saratoga Financial Service Fund | 0.00% | Aug 1, 2000 | FIDAX vs SFPAX |
Lowest Volatility Alternatives to FIDAX
FIDAX alternatives from the Financials Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | 11.39% | Aug 29, 2003 | FIDAX vs FLC | |
| Gabelli Global Financial Services Fund | 15.20% | Oct 1, 2018 | FIDAX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 15.25% | Oct 1, 2018 | FIDAX vs GAFSX | |
| Saratoga Financial Service Fund | 17.59% | Aug 1, 2000 | FIDAX vs SFPAX | |
| 1919 Financial Services Fund | 18.20% | Nov 16, 1998 | FIDAX vs SBFAX |
Lowest Drawdown Alternatives to FIDAX
FIDAX alternatives from the Financials Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | -8.69% | Aug 29, 2003 | FIDAX vs FLC | |
| Fidelity Select Insurance Portfolio | -11.69% | Dec 16, 1985 | FIDAX vs FSPCX | |
| Gabelli Global Financial Services Fund | -11.92% | Oct 1, 2018 | FIDAX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | -11.92% | Oct 1, 2018 | FIDAX vs GAFSX | |
| 1919 Financial Services Fund | -11.95% | Nov 16, 1998 | FIDAX vs SBFAX |
Other Mutual Funds from BlackRock
Most popular BlackRock mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 65 | -6.04% | Jan 18, 2000 | FIDAX vs NASDX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 75 | -2.15% | Sep 6, 1994 | FIDAX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 59 | -4.05% | Sep 6, 1994 | FIDAX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 58 | -4.63% | Jul 30, 1993 | FIDAX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 19 | -4.58% | Sep 28, 2021 | FIDAX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 74 | -1.33% | May 30, 2011 | FIDAX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 79 | -0.70% | Dec 30, 1991 | FIDAX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 9 | 6.72% | Jul 30, 2010 | FIDAX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 29 | -5.83% | Aug 30, 2005 | FIDAX vs BDJ | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 4.32% | Dec 20, 2012 | FIDAX vs BDMIX |
Often Compared With FIDAX
What investors most often compare with FIDAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Large Cap Growth Equities | 65 | -4.76% | Mar 10, 1999 | FIDAX vs QQQ |
Compare FIDAX with Any Fund or Stock
Compare FIDAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.