FACDX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Health Care Fund Class A (FACDX) and S&P 500 Index (^GSPC).

FACDX is managed by Fidelity. It was launched on Sep 3, 1996.

Performance

FACDX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Health Care Fund Class A (FACDX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

FACDX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FACDX Fidelity Advisor Health Care Fund Class A	-6.09%	14.19%	3.97%	3.81%	-13.07%	11.25%	21.07%	27.89%	7.20%	24.09%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, FACDX achieves a -6.09% return, which is significantly lower than ^GSPC's -3.95% return. Over the past 10 years, FACDX has underperformed ^GSPC with an annualized return of 8.73%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

FACDX

• 1D: 3.94%
• 1M: -5.35%
• YTD: -6.09%
• 6M: 2.89%
• 1Y: 9.91%
• 3Y*: 4.81%
• 5Y*: 1.94%
• 10Y*: 8.73%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

FACDX vs. ^GSPC — Risk / Return Rank

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

FACDX

FACDX Risk / Return Rank: 15
FACDX Sharpe Ratio Rank: 14
FACDX Sortino Ratio Rank: 15
FACDX Omega Ratio Rank: 12
FACDX Calmar Ratio Rank: 16
FACDX Martin Ratio Rank: 15

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

FACDX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Health Care Fund Class A (FACDX) and S&P 500 Index (^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.

	FACDX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.45	0.92	-0.47
Sortino ratio Return per unit of downside risk	0.76	1.41	-0.65
Omega ratio Gain probability vs. loss probability	1.09	1.21	-0.12
Calmar ratio Return relative to maximum drawdown	0.59	1.41	-0.83
Martin ratio Return relative to average drawdown	1.82	6.61	-4.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FACDX vs. ^GSPC - Sharpe Ratio Comparison

The current FACDX Sharpe Ratio is 0.45, which is lower than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of FACDX and ^GSPC, 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

	FACDX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	0.92	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	0.61	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.68	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.46	+0.11

Correlation

The correlation between FACDX and ^GSPC 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.

Drawdowns

FACDX vs. ^GSPC - Drawdown Comparison

The maximum FACDX drawdown since its inception was -44.55%, 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.

Drawdown Indicators

	FACDX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-44.55%	-56.78%	+12.23%
Max Drawdown (1Y) Largest decline over 1 year	-13.43%	-12.14%	-1.29%
Max Drawdown (5Y) Largest decline over 5 years	-29.35%	-25.43%	-3.92%
Max Drawdown (10Y) Largest decline over 10 years	-29.35%	-33.92%	+4.57%
Current Drawdown Current decline from peak	-10.01%	-5.78%	-4.23%
Average Drawdown Average peak-to-trough decline	-9.36%	-10.75%	+1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	2.60%	+1.71%

Volatility

FACDX vs. ^GSPC - Volatility Comparison

Fidelity Advisor Health Care Fund Class A (FACDX) has a higher volatility of 7.07% compared to S&P 500 Index (^GSPC) at 5.37%. 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.

Volatility by Period

	FACDX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	5.37%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	11.62%	9.55%	+2.07%
Volatility (1Y) Calculated over the trailing 1-year period	18.76%	18.33%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.76%	16.90%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.79%	18.05%	+0.74%