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.
Performance
FACDX vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, FACDX achieves a 6.58% return, which is significantly lower than ^GSPC's 23.08% return. Over the past 10 years, FACDX has underperformed ^GSPC with an annualized return of 5.91%, while ^GSPC has yielded a comparatively higher 11.11% annualized return.
FACDX
6.58%
-6.05%
3.21%
17.67%
4.33%
5.91%
^GSPC
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Key characteristics
| FACDX | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.31 | 2.48 |
| Sortino Ratio | 1.87 | 3.33 |
| Omega Ratio | 1.23 | 1.46 |
| Calmar Ratio | 0.69 | 3.58 |
| Martin Ratio | 5.97 | 15.96 |
| Ulcer Index | 2.98% | 1.90% |
| Daily Std Dev | 13.56% | 12.24% |
| Max Drawdown | -44.81% | -56.78% |
| Current Drawdown | -12.58% | -2.18% |
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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.
Risk-Adjusted Performance
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 4.87% compared to S&P 500 (^GSPC) at 4.06%. 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.