Fidelity Advisor Energy Fund Class Z (FIKAX)
The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in the energy field including the conventional areas of oil, gas, electricity and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
Fund Info
| ISIN | US3159182274 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Oct 2, 2018 |
| Category | Energy Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
FIKAX has a high expense ratio of 0.63%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Energy Fund Class Z, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Advisor Energy Fund Class Z had a return of 16.14% year-to-date (YTD) and 28.68% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.14% | 11.18% |
| 1 month | 0.98% | 5.60% |
| 6 months | 14.17% | 17.48% |
| 1 year | 28.68% | 26.33% |
| 5 years (annualized) | 14.13% | 13.16% |
| 10 years (annualized) | N/A | 10.99% |
Monthly Returns
The table below presents the monthly returns of FIKAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.42% | 3.93% | 11.14% | -0.83% | 16.14% | ||||||||
| 2023 | 4.37% | -6.16% | -1.77% | 1.60% | -9.34% | 7.70% | 9.13% | 2.63% | 3.26% | -5.43% | -2.12% | -0.74% | 1.42% |
| 2022 | 18.15% | 8.26% | 9.48% | -0.37% | 15.28% | -17.05% | 9.04% | 3.11% | -10.22% | 24.66% | 1.12% | -4.26% | 62.53% |
| 2021 | 4.11% | 20.92% | 1.34% | 0.62% | 6.94% | 4.80% | -8.69% | -0.40% | 11.49% | 9.69% | -5.47% | 2.54% | 55.11% |
| 2020 | -11.82% | -14.89% | -36.33% | 28.72% | 2.07% | -0.66% | -3.37% | 0.40% | -14.30% | -3.72% | 27.97% | 5.83% | -32.40% |
| 2019 | 12.33% | 0.90% | 2.04% | 2.87% | -13.24% | 9.17% | -2.98% | -8.45% | 3.16% | -2.24% | 0.85% | 8.34% | 10.27% |
| 2018 | -15.99% | -4.92% | -13.60% | -30.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIKAX is 53, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FIKAX (Fidelity Advisor Energy Fund Class Z)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Energy Fund Class Z (FIKAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Energy Fund Class Z granted a 1.97% dividend yield in the last twelve months. The annual payout for that period amounted to $1.03 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.03 | $1.03 | $1.04 | $0.70 | $0.67 | $0.59 | $0.42 |
Dividend yield | 1.97% | 2.29% | 2.29% | 2.43% | 3.54% | 2.02% | 1.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Energy Fund Class Z. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.67 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.59 |
| 2018 | $0.42 | $0.42 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Energy Fund Class Z. 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 Energy Fund Class Z was 71.09%, occurring on Mar 18, 2020. Recovery took 481 trading sessions.
The current Fidelity Advisor Energy Fund Class Z drawdown is 3.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.09% | Oct 5, 2018 | 364 | Mar 18, 2020 | 481 | Feb 11, 2022 | 845 |
| -27.93% | Jun 8, 2022 | 25 | Jul 14, 2022 | 81 | Nov 7, 2022 | 106 |
| -18.36% | Nov 16, 2022 | 83 | Mar 17, 2023 | 116 | Sep 1, 2023 | 199 |
| -14.34% | Sep 15, 2023 | 62 | Dec 12, 2023 | 66 | Mar 19, 2024 | 128 |
| -9.26% | Apr 19, 2022 | 5 | Apr 25, 2022 | 7 | May 4, 2022 | 12 |
Volatility
Volatility Chart
The current Fidelity Advisor Energy Fund Class Z volatility is 4.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.