ETIEX vs. FELIX

Last updated Apr 1, 2026

Compare and contrast key facts about Eventide Exponential Technologies Fund (ETIEX) and Fidelity Advisor Semiconductors Fund Class I (FELIX).

ETIEX is managed by Eventide Funds. It was launched on Jun 29, 2020. FELIX is managed by Fidelity. It was launched on Dec 27, 2000.

Performance

ETIEX vs. FELIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Exponential Technologies Fund (ETIEX) and Fidelity Advisor Semiconductors Fund Class I (FELIX). The values are adjusted to include any dividend payments, if applicable.

ETIEX vs. FELIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ETIEX Eventide Exponential Technologies Fund	-15.66%	8.94%	2.52%	31.96%	-44.98%	15.57%	58.17%
FELIX Fidelity Advisor Semiconductors Fund Class I	0.34%	45.25%	44.10%	75.49%	-34.88%	57.89%	37.50%

Returns By Period

In the year-to-date period, ETIEX achieves a -15.66% return, which is significantly lower than FELIX's 0.34% return.

ETIEX

• 1D: -2.45%
• 1M: -11.68%
• YTD: -15.66%
• 6M: -14.67%
• 1Y: 5.57%
• 3Y*: 3.72%
• 5Y*: -5.72%
• 10Y*: —

FELIX

• 1D: -4.25%
• 1M: -9.99%
• YTD: 0.34%
• 6M: 8.31%
• 1Y: 77.58%
• 3Y*: 38.40%
• 5Y*: 28.12%
• 10Y*: 29.99%

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

ETIEX vs. FELIX - Expense Ratio Comparison

ETIEX has a 1.43% expense ratio, which is higher than FELIX's 0.75% expense ratio.

ETIEX

Eventide Exponential Technologies Fund

FELIX

Fidelity Advisor Semiconductors Fund Class I

Return for Risk

ETIEX vs. FELIX — Risk / Return Rank

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

ETIEX

ETIEX Risk / Return Rank: 8
ETIEX Sharpe Ratio Rank: 8
ETIEX Sortino Ratio Rank: 10
ETIEX Omega Ratio Rank: 9
ETIEX Calmar Ratio Rank: 7
ETIEX Martin Ratio Rank: 8

FELIX

FELIX Risk / Return Rank: 92
FELIX Sharpe Ratio Rank: 92
FELIX Sortino Ratio Rank: 90
FELIX Omega Ratio Rank: 86
FELIX Calmar Ratio Rank: 97
FELIX Martin Ratio Rank: 97

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.

ETIEX vs. FELIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Exponential Technologies Fund (ETIEX) and Fidelity Advisor Semiconductors Fund Class I (FELIX). 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.

	ETIEX	FELIX	Difference
Sharpe ratio Return per unit of total volatility	0.15	1.94	-1.79
Sortino ratio Return per unit of downside risk	0.42	2.55	-2.13
Omega ratio Gain probability vs. loss probability	1.06	1.36	-0.30
Calmar ratio Return relative to maximum drawdown	0.08	4.18	-4.10
Martin ratio Return relative to average drawdown	0.26	15.94	-15.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETIEX vs. FELIX - Sharpe Ratio Comparison

The current ETIEX Sharpe Ratio is 0.15, which is lower than the FELIX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of ETIEX and FELIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ETIEX	FELIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	1.94	-1.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	0.75	-0.92
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.40	-0.28

Correlation

The correlation between ETIEX and FELIX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ETIEX vs. FELIX - Dividend Comparison

ETIEX has not paid dividends to shareholders, while FELIX's dividend yield for the trailing twelve months is around 6.49%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETIEX Eventide Exponential Technologies Fund	0.00%	0.00%	0.00%	0.00%	0.00%	1.26%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%
FELIX Fidelity Advisor Semiconductors Fund Class I	6.49%	6.51%	6.44%	3.15%	3.09%	4.14%	4.43%	1.04%	19.34%	9.50%	0.55%	10.37%

Drawdowns

ETIEX vs. FELIX - Drawdown Comparison

The maximum ETIEX drawdown since its inception was -53.83%, smaller than the maximum FELIX drawdown of -71.17%. Use the drawdown chart below to compare losses from any high point for ETIEX and FELIX.

Drawdown Indicators

	ETIEX	FELIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.83%	-71.17%	+17.34%
Max Drawdown (1Y) Largest decline over 1 year	-19.88%	-17.09%	-2.79%
Max Drawdown (5Y) Largest decline over 5 years	-53.83%	-46.02%	-7.81%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.02%	—
Current Drawdown Current decline from peak	-40.08%	-14.65%	-25.43%
Average Drawdown Average peak-to-trough decline	-30.22%	-21.27%	-8.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.92%	4.49%	+1.43%

Volatility

ETIEX vs. FELIX - Volatility Comparison

The current volatility for Eventide Exponential Technologies Fund (ETIEX) is 9.16%, while Fidelity Advisor Semiconductors Fund Class I (FELIX) has a volatility of 10.51%. This indicates that ETIEX experiences smaller price fluctuations and is considered to be less risky than FELIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETIEX	FELIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.16%	10.51%	-1.35%
Volatility (6M) Calculated over the trailing 6-month period	19.26%	24.76%	-5.50%
Volatility (1Y) Calculated over the trailing 1-year period	29.04%	39.67%	-10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.05%	37.96%	-4.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.64%	34.34%	-0.70%