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:
-0.95
^GSPC:
-0.17
FACDX:
-1.11
^GSPC:
-0.11
FACDX:
0.83
^GSPC:
0.98
FACDX:
-0.58
^GSPC:
-0.15
FACDX:
-1.82
^GSPC:
-0.79
FACDX:
9.58%
^GSPC:
3.36%
FACDX:
18.38%
^GSPC:
15.95%
FACDX:
-44.81%
^GSPC:
-56.78%
FACDX:
-29.89%
^GSPC:
-17.42%
Returns By Period
In the year-to-date period, FACDX achieves a -7.79% return, which is significantly higher than ^GSPC's -13.73% return. Over the past 10 years, FACDX has underperformed ^GSPC with an annualized return of 2.49%, while ^GSPC has yielded a comparatively higher 9.37% annualized return.
FACDX
-7.79%
-10.27%
-23.52%
-16.63%
1.38%
2.49%
^GSPC
-13.73%
-13.15%
-11.77%
-1.42%
15.35%
9.37%
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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
The current volatility for Fidelity Advisor Health Care Fund Class A (FACDX) is 7.79%, while S&P 500 (^GSPC) has a volatility of 9.30%. This indicates that FACDX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.