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
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Key characteristics
FACDX:
-0.83
^GSPC:
0.63
FACDX:
-0.98
^GSPC:
1.04
FACDX:
0.86
^GSPC:
1.15
FACDX:
-0.55
^GSPC:
0.68
FACDX:
-1.39
^GSPC:
2.59
FACDX:
12.17%
^GSPC:
4.94%
FACDX:
20.54%
^GSPC:
19.64%
FACDX:
-44.81%
^GSPC:
-56.78%
FACDX:
-30.34%
^GSPC:
-4.09%
Returns By Period
In the year-to-date period, FACDX achieves a -8.38% return, which is significantly lower than ^GSPC's 0.19% return. Over the past 10 years, FACDX has underperformed ^GSPC with an annualized return of 2.28%, while ^GSPC has yielded a comparatively higher 10.78% annualized return.
FACDX
-8.38%
-5.84%
-23.91%
-16.98%
-2.61%
2.28%
^GSPC
0.19%
9.00%
-1.55%
12.31%
15.59%
10.78%
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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.
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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.
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Volatility
FACDX vs. ^GSPC - Volatility Comparison
Fidelity Advisor Health Care Fund Class A (FACDX) has a higher volatility of 7.24% compared to S&P 500 (^GSPC) at 6.15%. 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.
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