BOGSX vs. FIKHX

Last updated Jun 5, 2026

BOGSX (Black Oak Emerging Technology Fund) and FIKHX (Fidelity Advisor Technology Fund Class Z) are both Technology Equities funds. Their correlation of 0.85 suggests significant overlap in exposure. BOGSX charges 1.03%/yr vs 0.59%/yr for FIKHX.

Performance

BOGSX vs. FIKHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Black Oak Emerging Technology Fund (BOGSX) and Fidelity Advisor Technology Fund Class Z (FIKHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BOGSX

• 1D: 0.00%
• 1M: 13.74%
• YTD: 43.19%
• 6M: 42.16%
• 1Y: 62.18%
• 3Y*: 25.08%
• 5Y*: 13.51%
• 10Y*: 17.86%

FIKHX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BOGSX vs. FIKHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BOGSX Black Oak Emerging Technology Fund	43.19%	19.06%	9.25%	17.79%	-27.30%	26.89%	45.16%	38.20%	-13.97%
FIKHX Fidelity Advisor Technology Fund Class Z	0.00%	24.77%	35.52%	59.89%	-35.93%	27.74%	64.56%	51.18%	-17.39%

Correlation

The correlation between BOGSX and FIKHX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Oct 18, 2018	0.85

Over the past year, the correlation between BOGSX and FIKHX has dropped to 0.42 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

BOGSX vs. FIKHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOGSX

BOGSX Risk / Return Rank: 85
BOGSX Sharpe Ratio Rank: 89
BOGSX Sortino Ratio Rank: 76
BOGSX Omega Ratio Rank: 72
BOGSX Calmar Ratio Rank: 95
BOGSX Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOGSX vs. FIKHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Black Oak Emerging Technology Fund (BOGSX) and Fidelity Advisor Technology Fund Class Z (FIKHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BOGSX	FIKHX	Difference
Sharpe ratio: Return per unit of total volatility	2.93	—	—
Sortino ratio: Return per unit of downside risk	3.65	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	5.68	—	—
Martin ratio: Return relative to average drawdown	19.50	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BOGSX	FIKHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.93	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	—	—

Drawdowns

Drawdown Indicators

	BOGSX	FIKHX	Difference
Max Drawdown Largest peak-to-trough decline	-92.80%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.93%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.93%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-58.95%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	—	—

Volatility

Volatility by Period

	BOGSX	FIKHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.21%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.60%	—	—

BOGSX vs. FIKHX - Expense Ratio Comparison

BOGSX has a 1.03% expense ratio, which is higher than FIKHX's 0.59% expense ratio.

Dividends

BOGSX vs. FIKHX - Dividend Comparison

BOGSX's dividend yield for the trailing twelve months is around 4.02%, less than FIKHX's 9.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOGSX Black Oak Emerging Technology Fund	4.02%	5.76%	7.96%	3.79%	1.87%	11.31%	6.30%	5.47%	11.71%	7.71%	4.00%	3.09%
FIKHX Fidelity Advisor Technology Fund Class Z	9.85%	9.85%	7.33%	3.86%	3.32%	11.52%	7.42%	2.64%	22.38%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BOGSX and FIKHX in my portfolio?

BOGSX and FIKHX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.