FADTX vs. BKLC

Last updated Jun 5, 2026

FADTX (Fidelity Advisor Technology Fund Class A) and BKLC (BNY Mellon US Large Cap Core Equity ETF) are both funds - FADTX is a Technology Equities fund managed by Fidelity, while BKLC is a Large Cap Growth Equities fund tracking the Morningstar US Large Cap Index. Their correlation of 0.84 suggests significant overlap in exposure. FADTX charges 0.97%/yr vs 0.00%/yr for BKLC.

Performance

FADTX vs. BKLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class A (FADTX) and BNY Mellon US Large Cap Core Equity ETF (BKLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FADTX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKLC

• 1D: 0.46%
• 1M: 4.81%
• YTD: 11.44%
• 6M: 11.29%
• 1Y: 28.60%
• 3Y*: 23.48%
• 5Y*: 14.43%
• 10Y*: —

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

FADTX vs. BKLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FADTX Fidelity Advisor Technology Fund Class A	0.00%	24.35%	35.02%	59.29%	-36.17%	27.26%	76.01%
BKLC BNY Mellon US Large Cap Core Equity ETF	11.44%	18.06%	25.56%	30.88%	-20.52%	27.41%	37.38%

Correlation

The correlation between FADTX and BKLC is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Apr 13, 2020	0.84

Over the past year, the correlation between FADTX and BKLC has dropped to 0.48 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

FADTX vs. BKLC - Sectors Allocation Comparison

Sectors	FADTX	BKLC
Technology	97.9%	38.0%
Consumer Cyclical	1.2%	9.8%
Communication Services	0.8%	10.8%
Basic Materials	0.0%	1.6%
Consumer Defensive	-	4.4%
Energy	-	3.3%
Financial Services	-	10.9%
Healthcare	-	8.3%
Industrials	-	7.8%
Real Estate	-	1.7%
Utilities	-	2.5%

Return for Risk

FADTX vs. BKLC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKLC

BKLC Risk / Return Rank: 72
BKLC Sharpe Ratio Rank: 74
BKLC Sortino Ratio Rank: 72
BKLC Omega Ratio Rank: 73
BKLC Calmar Ratio Rank: 65
BKLC Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FADTX vs. BKLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class A (FADTX) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FADTX	BKLC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.37	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.13	—

Drawdowns

Drawdown Indicators

	FADTX	BKLC	Difference
Max Drawdown Largest peak-to-trough decline	—	-26.14%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.14%	—
Current Drawdown Current decline from peak	—	-0.29%	—
Average Drawdown Average peak-to-trough decline	—	-5.27%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.99%	—

Volatility

Volatility by Period

	FADTX	BKLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.10%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.16%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.44%	—

FADTX vs. BKLC - Expense Ratio Comparison

FADTX has a 0.97% expense ratio, which is higher than BKLC's 0.00% expense ratio.

Dividends

FADTX vs. BKLC - Dividend Comparison

FADTX's dividend yield for the trailing twelve months is around 11.13%, more than BKLC's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKLC BNY Mellon US Large Cap Core Equity ETF	1.01%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%
FADTX Fidelity Advisor Technology Fund Class A	11.13%	11.13%	8.01%	3.94%	3.72%	12.63%	7.85%	2.52%	23.98%	8.23%	1.63%	4.55%

Frequently Asked Questions

Can I hold both FADTX and BKLC in my portfolio?

FADTX and BKLC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.