FACDX vs. ^GSPC
Compare and contrast key facts about Fidelity Advisor Health Care Fund Class A (FACDX) and S&P 500 (^GSPC).
FACDX is managed by Fidelity. It was launched on Sep 3, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FACDX or ^GSPC.
Correlation
The correlation between FACDX and ^GSPC is 0.75, 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.
Performance
FACDX vs. ^GSPC - Performance Comparison
Key characteristics
FACDX:
-0.60
^GSPC:
1.62
FACDX:
-0.64
^GSPC:
2.20
FACDX:
0.90
^GSPC:
1.30
FACDX:
-0.42
^GSPC:
2.46
FACDX:
-1.40
^GSPC:
10.01
FACDX:
7.27%
^GSPC:
2.08%
FACDX:
17.04%
^GSPC:
12.88%
FACDX:
-44.81%
^GSPC:
-56.78%
FACDX:
-21.90%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, FACDX achieves a 2.72% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, FACDX has underperformed ^GSPC with an annualized return of 3.93%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
FACDX
2.72%
-1.52%
-14.89%
-10.68%
-0.16%
3.93%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
FACDX vs. ^GSPC — Risk-Adjusted Performance Rank
FACDX
^GSPC
FACDX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Health Care Fund Class A (FACDX) and S&P 500 (^GSPC). 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.
Drawdowns
FACDX vs. ^GSPC - Drawdown Comparison
The maximum FACDX drawdown since its inception was -44.81%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FACDX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FACDX vs. ^GSPC - Volatility Comparison
Fidelity Advisor Health Care Fund Class A (FACDX) has a higher volatility of 3.80% compared to S&P 500 (^GSPC) at 3.43%. This indicates that FACDX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.