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FACDX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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

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 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FACDX:

-0.83

^GSPC:

0.63

Sortino Ratio

FACDX:

-0.98

^GSPC:

1.04

Omega Ratio

FACDX:

0.86

^GSPC:

1.15

Calmar Ratio

FACDX:

-0.55

^GSPC:

0.68

Martin Ratio

FACDX:

-1.39

^GSPC:

2.59

Ulcer Index

FACDX:

12.17%

^GSPC:

4.94%

Daily Std Dev

FACDX:

20.54%

^GSPC:

19.64%

Max Drawdown

FACDX:

-44.81%

^GSPC:

-56.78%

Current Drawdown

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

YTD

-8.38%

1M

-5.84%

6M

-23.91%

1Y

-16.98%

5Y*

-2.61%

10Y*

2.28%

^GSPC

YTD

0.19%

1M

9.00%

6M

-1.55%

1Y

12.31%

5Y*

15.59%

10Y*

10.78%

*Annualized

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Risk-Adjusted Performance

FACDX vs. ^GSPC — Risk-Adjusted Performance Rank

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

FACDX
The Risk-Adjusted Performance Rank of FACDX is 11
Overall Rank
The Sharpe Ratio Rank of FACDX is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of FACDX is 11
Sortino Ratio Rank
The Omega Ratio Rank of FACDX is 11
Omega Ratio Rank
The Calmar Ratio Rank of FACDX is 11
Calmar Ratio Rank
The Martin Ratio Rank of FACDX is 11
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 7373
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6868
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 7878
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 7676
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FACDX Sharpe Ratio is -0.83, which is lower than the ^GSPC Sharpe Ratio of 0.63. 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.


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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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