Fidelity Advisor Utilities Fund Class Z (FIKIX)
The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations. 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 | US3159181516 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Oct 2, 2018 |
| Category | Utilities Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
FIKIX features an expense ratio of 0.63%, falling within the medium range.
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 Utilities 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 Utilities Fund Class Z had a return of 25.86% year-to-date (YTD) and 26.25% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 25.86% | 17.95% |
| 1 month | 5.89% | 3.13% |
| 6 months | 24.61% | 9.95% |
| 1 year | 26.25% | 24.88% |
| 5 years (annualized) | 9.77% | 13.37% |
| 10 years (annualized) | N/A | 10.92% |
Monthly Returns
The table below presents the monthly returns of FIKIX, 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 | -3.44% | 2.38% | 7.64% | 1.37% | 11.30% | -6.98% | 5.39% | 4.23% | 25.86% | ||||
| 2023 | -2.35% | -5.65% | 5.15% | 1.92% | -4.24% | 2.63% | 2.38% | -4.61% | -5.52% | 1.74% | 5.26% | 2.91% | -1.32% |
| 2022 | -3.44% | -1.02% | 10.96% | -4.31% | 3.83% | -5.90% | 6.79% | 1.43% | -10.14% | 2.61% | 6.98% | -0.67% | 5.23% |
| 2021 | -0.80% | -5.07% | 8.99% | 3.83% | -3.30% | -0.66% | 2.25% | 3.93% | -5.14% | 6.71% | -1.34% | 8.42% | 17.78% |
| 2020 | 5.10% | -9.93% | -13.59% | 4.72% | 4.68% | -4.15% | 5.40% | -2.45% | 0.26% | 5.89% | 3.81% | 2.54% | -0.12% |
| 2019 | 2.87% | 3.40% | 3.09% | 1.55% | -2.45% | 3.88% | -0.49% | 3.54% | 4.76% | -1.59% | -0.52% | 2.79% | 22.55% |
| 2018 | -0.12% | 1.25% | -3.31% | -2.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIKIX is 48, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Utilities Fund Class Z (FIKIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Utilities Fund Class Z granted a 3.05% dividend yield in the last twelve months. The annual payout for that period amounted to $1.40 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.40 | $1.32 | $1.86 | $1.14 | $0.83 | $0.76 | $3.42 |
Dividend yield | 3.05% | 3.57% | 4.79% | 2.94% | 2.44% | 2.18% | 11.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Utilities 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 | $0.20 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.42 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.78 | $1.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.21 | $0.00 | $1.39 | $1.86 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 | $1.14 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
| 2018 | $3.42 | $3.42 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Utilities 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 Utilities Fund Class Z was 37.97%, occurring on Mar 23, 2020. Recovery took 351 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.97% | Feb 19, 2020 | 24 | Mar 23, 2020 | 351 | Aug 12, 2021 | 375 |
| -20.35% | Sep 13, 2022 | 265 | Oct 2, 2023 | 144 | Apr 29, 2024 | 409 |
| -15.62% | Apr 11, 2022 | 48 | Jun 17, 2022 | 38 | Aug 12, 2022 | 86 |
| -9.65% | Jan 3, 2022 | 36 | Feb 23, 2022 | 8 | Mar 7, 2022 | 44 |
| -8.67% | Dec 17, 2018 | 6 | Dec 24, 2018 | 39 | Feb 21, 2019 | 45 |
Volatility
Volatility Chart
The current Fidelity Advisor Utilities Fund Class Z volatility is 3.00%, 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.