FACDX vs. THQ

Last updated Aug 2, 2026

FACDX (Fidelity Advisor Health Care Fund Class A) and THQ (Abrdn Healthcare Opportunities Fund) are both Health & Biotech Equities funds. Over the past 10 years, FACDX returned 9.28%/yr vs 9.22%/yr for THQ. Their 0.71 correlation means they have sometimes moved together and sometimes differently. FACDX charges 0.97%/yr vs 1.47%/yr for THQ.

Performance

FACDX vs. THQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Health Care Fund Class A (FACDX) and Abrdn Healthcare Opportunities Fund (THQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FACDX achieves a 10.50% return, which is significantly higher than THQ's 4.81% return. Both investments have delivered pretty close results over the past 10 years, with FACDX having a 9.28% annualized return and THQ not far behind at 9.22%.

FACDX

• 1D: -0.02%
• 1M: -1.26%
• 6M: 10.39%
• YTD: 10.50%
• 1Y: 32.42%
• 3Y*: 9.64%
• 5Y*: 3.79%
• 10Y*: 9.28%
• ALL TIME*: 11.15%

THQ

• 1D: -0.53%
• 1M: -0.31%
• 6M: 3.77%
• YTD: 4.81%
• 1Y: 30.09%
• 3Y*: 10.44%
• 5Y*: 3.90%
• 10Y*: 9.22%
• ALL TIME*: 7.96%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FACDX Fidelity Advisor Health Care Fund Class A	$0.00	$0.00	$0.00
THQ Abrdn Healthcare Opportunities Fund	$3.38M	$4.74M	$3.75M

FACDX vs. THQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FACDX Fidelity Advisor Health Care Fund Class A	10.50%	14.19%	3.97%	3.81%	-13.07%	11.25%	21.07%	27.89%	7.20%	24.09%
THQ Abrdn Healthcare Opportunities Fund	4.81%	13.88%	15.51%	-1.62%	-17.53%	33.39%	15.20%	22.70%	3.41%	21.84%

Correlation

The correlation between FACDX and THQ is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.66
Correlation (5Y) Shows whether the relationship held over a longer period.	0.72
Correlation (10Y) Provides a long-term view across more market conditions.	0.72
Correlation (All Time) Calculated using the full available price history since Jul 29, 2014	0.71

The correlation between FACDX and THQ shifts across timeframes, from 0.60 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FACDX vs. THQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FACDX

FACDX Risk / Return Rank: 68
FACDX Sharpe Ratio Rank: 77
FACDX Sortino Ratio Rank: 79
FACDX Omega Ratio Rank: 71
FACDX Calmar Ratio Rank: 71
FACDX Martin Ratio Rank: 42

THQ

THQ Risk / Return Rank: 59
THQ Sharpe Ratio Rank: 70
THQ Sortino Ratio Rank: 68
THQ Omega Ratio Rank: 67
THQ Calmar Ratio Rank: 46
THQ Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FACDX vs. THQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Health Care Fund Class A (FACDX) and Abrdn Healthcare Opportunities Fund (THQ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FACDX	THQ	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.61	+0.22
Sortino ratio: Return per unit of downside risk	2.74	2.26	+0.47
Omega ratio: Gain probability vs. loss probability	1.31	1.29	+0.02
Calmar ratio: Return relative to maximum drawdown	2.31	1.74	+0.57
Martin ratio: Return relative to average drawdown	6.06	5.95	+0.11

FACDX vs. THQ - Sharpe Ratio Comparison

The current FACDX Sharpe Ratio is 1.83, which is comparable to the THQ Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FACDX and THQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FACDX vs. THQ - Drawdown Comparison

The maximum FACDX drawdown since its inception was -44.55%, which is greater than THQ's maximum drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for FACDX and THQ.

Drawdown Indicators

	FACDX	THQ	Difference
Max Drawdown Largest peak-to-trough decline	-44.55%	-39.35%	-5.20%
Max Drawdown (1Y) Largest decline over 1 year	-13.43%	-16.74%	+3.31%
Max Drawdown (3Y) Largest decline over 3 years	-17.49%	-25.86%	+8.37%
Max Drawdown (5Y) Largest decline over 5 years	-29.35%	-32.20%	+2.85%
Max Drawdown (10Y) Largest decline over 10 years	-29.35%	-39.35%	+10.00%
Current Drawdown Current decline from peak	-2.50%	-1.37%	-1.13%
Average Drawdown Average peak-to-trough decline	-9.32%	-8.54%	-0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.12%	4.90%	+0.22%

Volatility

FACDX vs. THQ - Volatility Comparison

Fidelity Advisor Health Care Fund Class A (FACDX) has a higher volatility of 5.12% compared to Abrdn Healthcare Opportunities Fund (THQ) at 4.57%. This indicates that FACDX's price experiences larger fluctuations and is considered to be riskier than THQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FACDX	THQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	4.57%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	13.45%	13.68%	-0.23%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	18.24%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.16%	19.22%	-1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.82%	20.53%	-1.71%

FACDX vs. THQ - Expense Ratio Comparison

FACDX has a 0.97% expense ratio, which is lower than THQ's 1.47% expense ratio.

Dividends

FACDX vs. THQ - Dividend Comparison

FACDX's dividend yield for the trailing twelve months is around 12.02%, more than THQ's 11.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FACDX Fidelity Advisor Health Care Fund Class A	12.02%	13.28%	12.33%	0.00%	0.00%	6.24%	5.94%	0.32%	5.08%	0.00%	0.00%	6.66%
THQ Abrdn Healthcare Opportunities Fund	11.53%	11.29%	11.09%	7.45%	6.81%	5.27%	6.62%	7.08%	8.05%	7.71%	8.70%	9.50%

Frequently Asked Questions

Can I hold both FACDX and THQ in my portfolio?

FACDX and THQ have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FACDX or THQ?

FACDX has higher volatility (5.12%) compared to THQ (4.57%). In terms of maximum drawdown, FACDX dropped -44.55% vs THQ's -39.35%.

Which has better risk-adjusted returns?

FACDX currently has the higher Sharpe Ratio (1.83 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.