FAFDX vs. FIKBX
FAFDX (Fidelity Advisor Financial Services Fund Class A) and FIKBX (Fidelity Advisor Financial Services Fund Class Z) are both Financials Equities funds from BlackRock. Over the past 5 years, FAFDX returned 12.78%/yr vs 12.10%/yr for FIKBX. With a 1.00 correlation, they move nearly in lockstep. FAFDX charges 1.03%/yr vs 0.64%/yr for FIKBX.
Performance
FAFDX vs. FIKBX - Performance Comparison
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Returns By Period
In the year-to-date period, FAFDX achieves a 2.79% return, which is significantly lower than FIKBX's 3.00% return.
FAFDX
- 1D
- 0.73%
- 1M
- 4.34%
- YTD
- 2.79%
- 6M
- 1.20%
- 1Y
- 13.08%
- 3Y*
- 25.86%
- 5Y*
- 12.78%
- 10Y*
- 14.40%
FIKBX
- 1D
- 0.73%
- 1M
- 4.39%
- YTD
- 3.00%
- 6M
- 1.41%
- 1Y
- 13.53%
- 3Y*
- 24.29%
- 5Y*
- 12.10%
- 10Y*
- —
FAFDX vs. FIKBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FAFDX Fidelity Advisor Financial Services Fund Class A | 2.79% | 14.91% | 39.01% | 14.03% | -8.93% | 32.90% | -0.25% | 33.77% | -11.04% |
FIKBX Fidelity Advisor Financial Services Fund Class Z | 3.00% | 15.36% | 32.80% | 14.47% | -8.58% | 33.43% | 0.18% | 34.31% | -11.43% |
Correlation
The correlation between FAFDX and FIKBX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 1.00 |
The correlation between FAFDX and FIKBX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
FAFDX vs. FIKBX — Risk / Return Rank
FAFDX
FIKBX
FAFDX vs. FIKBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Financial Services Fund Class A (FAFDX) and Fidelity Advisor Financial Services Fund Class Z (FIKBX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAFDX | FIKBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.17 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 1.19 | -0.04 |
| Martin ratioReturn relative to average drawdown | 3.24 | 3.38 | -0.14 |
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Drawdowns
FAFDX vs. FIKBX - Drawdown Comparison
The maximum FAFDX drawdown since its inception was -75.69%, which is greater than FIKBX's maximum drawdown of -45.95%. Use the drawdown chart below to compare losses from any high point for FAFDX and FIKBX.
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Drawdown Indicators
| FAFDX | FIKBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.69% | -45.95% | -29.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.04% | -12.96% | -0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -19.38% | -0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -25.14% | -24.82% | -0.32% |
Max Drawdown (10Y)Largest decline over 10 years | -45.99% | — | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.45% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -17.63% | -8.06% | -9.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.59% | 4.54% | +0.05% |
Volatility
FAFDX vs. FIKBX - Volatility Comparison
Fidelity Advisor Financial Services Fund Class A (FAFDX) and Fidelity Advisor Financial Services Fund Class Z (FIKBX) have volatilities of 4.39% and 4.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAFDX | FIKBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 4.38% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 12.20% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 16.09% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.03% | 20.69% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.88% | 25.88% | -2.00% |
FAFDX vs. FIKBX - Expense Ratio Comparison
FAFDX has a 1.03% expense ratio, which is higher than FIKBX's 0.64% expense ratio.
Dividends
FAFDX vs. FIKBX - Dividend Comparison
FAFDX's dividend yield for the trailing twelve months is around 6.74%, less than FIKBX's 6.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAFDX Fidelity Advisor Financial Services Fund Class A | 6.74% | 6.93% | 9.59% | 2.29% | 5.93% | 4.21% | 2.47% | 1.21% | 4.00% | 0.06% | 0.21% | 0.53% |
FIKBX Fidelity Advisor Financial Services Fund Class Z | 6.91% | 7.11% | 5.04% | 2.48% | 6.20% | 4.43% | 2.78% | 1.59% | 4.47% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, FAFDX and FIKBX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FAFDX has higher volatility (4.39%) compared to FIKBX (4.38%). In terms of maximum drawdown, FAFDX dropped -75.69% vs FIKBX's -45.95%.
FIKBX currently has the higher Sharpe Ratio (0.96 vs 0.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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