FADTX vs. FTEC

Last updated Jun 4, 2026

FADTX (Fidelity Advisor Technology Fund Class A) and FTEC (Fidelity MSCI Information Technology Index ETF) are both Technology Equities funds from Fidelity. Their correlation of 0.94 suggests significant overlap in exposure. FADTX charges 0.97%/yr vs 0.08%/yr for FTEC.

Performance

FADTX vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class A (FADTX) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FADTX

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

FTEC

• 1D: -1.49%
• 1M: 18.21%
• YTD: 31.89%
• 6M: 30.74%
• 1Y: 60.87%
• 3Y*: 33.93%
• 5Y*: 22.49%
• 10Y*: 25.57%

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

FADTX vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FADTX Fidelity Advisor Technology Fund Class A	0.00%	24.35%	35.02%	59.29%	-36.17%	27.26%	63.93%	50.57%	-8.52%	49.42%
FTEC Fidelity MSCI Information Technology Index ETF	31.89%	22.11%	29.40%	53.30%	-29.59%	30.49%	45.83%	48.93%	-0.39%	36.83%

Correlation

The correlation between FADTX and FTEC is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 25, 2013	0.94

Over the past year, the correlation between FADTX and FTEC has dropped to 0.53 - well below their long-term average of 0.94, suggesting their price drivers have been diverging.

FADTX vs. FTEC - Sectors Allocation Comparison

Sectors	FADTX	FTEC
Technology	97.9%	98.0%
Consumer Cyclical	1.2%	0.0%
Communication Services	0.8%	0.0%
Basic Materials	0.0%	-
Consumer Defensive	-	-
Energy	-	0.4%
Financial Services	-	0.6%
Healthcare	-	-
Industrials	-	0.6%
Real Estate	-	-
Utilities	-	-

Return for Risk

FADTX vs. FTEC — Risk / Return Rank

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

FTEC

FTEC Risk / Return Rank: 77
FTEC Sharpe Ratio Rank: 87
FTEC Sortino Ratio Rank: 80
FTEC Omega Ratio Rank: 78
FTEC Calmar Ratio Rank: 73
FTEC Martin Ratio Rank: 65

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. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class A (FADTX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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	FTEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.99	—

Drawdowns

Drawdown Indicators

	FADTX	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.95%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.26%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	—	-1.49%	—
Average Drawdown Average peak-to-trough decline	—	-5.56%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.05%	—

Volatility

Volatility by Period

	FADTX	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	20.63%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.23%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.69%	—

FADTX vs. FTEC - Expense Ratio Comparison

FADTX has a 0.97% expense ratio, which is higher than FTEC's 0.08% expense ratio.

Dividends

FADTX vs. FTEC - Dividend Comparison

FADTX's dividend yield for the trailing twelve months is around 11.13%, more than FTEC's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FTEC Fidelity MSCI Information Technology Index ETF	0.32%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%

Frequently Asked Questions

Can I hold both FADTX and FTEC in my portfolio?

FADTX and FTEC have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.