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
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Key characteristics
FACDX:
-0.64
^GSPC:
0.61
FACDX:
-0.71
^GSPC:
1.03
FACDX:
0.90
^GSPC:
1.15
FACDX:
-0.42
^GSPC:
0.67
FACDX:
-1.07
^GSPC:
2.57
FACDX:
11.95%
^GSPC:
4.93%
FACDX:
20.25%
^GSPC:
19.67%
FACDX:
-44.81%
^GSPC:
-56.78%
FACDX:
-26.96%
^GSPC:
-4.88%
Returns By Period
In the year-to-date period, FACDX achieves a -3.94% return, which is significantly lower than ^GSPC's -0.64% return. Over the past 10 years, FACDX has underperformed ^GSPC with an annualized return of 2.77%, while ^GSPC has yielded a comparatively higher 10.69% annualized return.
FACDX
-3.94%
-0.28%
-22.13%
-12.94%
-1.24%
2.77%
^GSPC
-0.64%
8.97%
-2.62%
11.90%
15.76%
10.69%
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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.
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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 6.68% compared to S&P 500 (^GSPC) at 6.29%. 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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