COMAX vs. FIKHX

Last updated Jun 6, 2026

COMAX (DWS Digital Horizons Fund Class A) and FIKHX (Fidelity Advisor Technology Fund Class Z) are both Technology Equities funds. A 0.62 correlation means they provide meaningful diversification when combined. COMAX charges 1.25%/yr vs 0.59%/yr for FIKHX.

Performance

COMAX vs. FIKHX - Performance Comparison

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

Returns By Period

COMAX

• 1D: -0.10%
• 1M: 5.26%
• YTD: 7.18%
• 6M: 5.14%
• 1Y: 14.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIKHX

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

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

COMAX vs. FIKHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
COMAX DWS Digital Horizons Fund Class A	7.18%	16.79%	21.78%
FIKHX Fidelity Advisor Technology Fund Class Z	0.00%	24.77%	26.91%

Correlation

The correlation between COMAX and FIKHX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Apr 25, 2024	0.62

The correlation between COMAX and FIKHX shifts across timeframes, from 0.47 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.

Return for Risk

COMAX vs. FIKHX — Risk / Return Rank

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

COMAX

COMAX Risk / Return Rank: 9
COMAX Sharpe Ratio Rank: 11
COMAX Sortino Ratio Rank: 11
COMAX Omega Ratio Rank: 11
COMAX Calmar Ratio Rank: 7
COMAX Martin Ratio Rank: 7

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.

COMAX vs. FIKHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Digital Horizons Fund Class A (COMAX) 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.

	COMAX	FIKHX	Difference
Sharpe ratio: Return per unit of total volatility	0.82	—	—
Sortino ratio: Return per unit of downside risk	1.20	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.63	—	—
Martin ratio: Return relative to average drawdown	1.64	—	—
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

	COMAX	FIKHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	—	—

Drawdowns

Drawdown Indicators

	COMAX	FIKHX	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-24.00%	—	—
Current Drawdown Current decline from peak	-2.02%	—	—
Average Drawdown Average peak-to-trough decline	-5.55%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	9.13%	—	—

Volatility

Volatility by Period

	COMAX	FIKHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.42%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.32%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.32%	—	—

COMAX vs. FIKHX - Expense Ratio Comparison

COMAX has a 1.25% expense ratio, which is higher than FIKHX's 0.59% expense ratio.

Dividends

COMAX vs. FIKHX - Dividend Comparison

COMAX's dividend yield for the trailing twelve months is around 0.05%, less than FIKHX's 9.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
COMAX DWS Digital Horizons Fund Class A	0.05%	53.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Frequently Asked Questions

Can I hold both COMAX and FIKHX in my portfolio?

COMAX and FIKHX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.