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:
-0.33
^GSPC:
1.91
FACDX:
-0.30
^GSPC:
2.56
FACDX:
0.95
^GSPC:
1.35
FACDX:
-0.23
^GSPC:
2.90
FACDX:
-1.02
^GSPC:
11.90
FACDX:
5.38%
^GSPC:
2.06%
FACDX:
16.88%
^GSPC:
12.86%
FACDX:
-44.81%
^GSPC:
-56.78%
FACDX:
-22.09%
^GSPC:
-2.51%
Returns By Period
In the year-to-date period, FACDX achieves a 2.46% return, which is significantly higher than ^GSPC's 0.95% return. Over the past 10 years, FACDX has underperformed ^GSPC with an annualized return of 4.45%, while ^GSPC has yielded a comparatively higher 11.41% annualized return.
FACDX
2.46%
-10.89%
-12.28%
-5.29%
0.02%
4.45%
^GSPC
0.95%
-1.87%
7.08%
25.28%
12.31%
11.41%
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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.
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 11.63% compared to S&P 500 (^GSPC) at 4.97%. 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.