FAFDX vs. FLC
FAFDX (Fidelity Advisor Financial Services Fund Class A) and FLC (Flaherty & Crumrine Total Return Fund Inc) are both Financials Equities funds. Over the past 10 years, FAFDX returned 14.40%/yr vs 4.68%/yr for FLC. At a 0.31 correlation, their price movements are largely independent. FAFDX charges 1.03%/yr vs 1.64%/yr for FLC.
Performance
FAFDX vs. FLC - Performance Comparison
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Returns By Period
In the year-to-date period, FAFDX achieves a 2.79% return, which is significantly higher than FLC's -1.14% return. Over the past 10 years, FAFDX has outperformed FLC with an annualized return of 14.40%, while FLC has yielded a comparatively lower 4.68% annualized 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%
FLC
- 1D
- 0.63%
- 1M
- -0.15%
- YTD
- -1.14%
- 6M
- -0.92%
- 1Y
- 7.01%
- 3Y*
- 12.86%
- 5Y*
- -0.24%
- 10Y*
- 4.68%
FAFDX vs. FLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAFDX Fidelity Advisor Financial Services Fund Class A | 2.79% | 14.91% | 39.01% | 14.03% | -8.93% | 32.90% | -0.25% | 33.77% | -16.09% | 20.17% |
FLC Flaherty & Crumrine Total Return Fund Inc | -1.14% | 12.38% | 23.05% | -0.83% | -25.11% | 2.82% | 14.12% | 38.65% | -14.14% | 17.00% |
Correlation
The correlation between FAFDX and FLC is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2003 | 0.31 |
The correlation between FAFDX and FLC shifts across timeframes, from 0.28 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FAFDX vs. FLC — Risk / Return Rank
FAFDX
FLC
FAFDX vs. FLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Financial Services Fund Class A (FAFDX) and Flaherty & Crumrine Total Return Fund Inc (FLC). 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 | FLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 0.84 | +0.30 |
| Martin ratioReturn relative to average drawdown | 3.24 | 2.61 | +0.64 |
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Drawdowns
FAFDX vs. FLC - Drawdown Comparison
The maximum FAFDX drawdown since its inception was -75.69%, roughly equal to the maximum FLC drawdown of -76.79%. Use the drawdown chart below to compare losses from any high point for FAFDX and FLC.
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Drawdown Indicators
| FAFDX | FLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.69% | -76.79% | +1.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.04% | -8.34% | -4.70% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -11.87% | -7.54% |
Max Drawdown (5Y)Largest decline over 5 years | -25.14% | -40.14% | +15.00% |
Max Drawdown (10Y)Largest decline over 10 years | -45.99% | -55.27% | +9.28% |
Current DrawdownCurrent decline from peak | -0.46% | -4.56% | +4.10% |
Average DrawdownAverage peak-to-trough decline | -17.63% | -10.85% | -6.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.59% | 2.69% | +1.90% |
Volatility
FAFDX vs. FLC - Volatility Comparison
Fidelity Advisor Financial Services Fund Class A (FAFDX) has a higher volatility of 4.39% compared to Flaherty & Crumrine Total Return Fund Inc (FLC) at 1.78%. This indicates that FAFDX's price experiences larger fluctuations and is considered to be riskier than FLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAFDX | FLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 1.78% | +2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 6.10% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 7.22% | +8.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.03% | 14.08% | +6.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.88% | 22.04% | +1.84% |
FAFDX vs. FLC - Expense Ratio Comparison
FAFDX has a 1.03% expense ratio, which is lower than FLC's 1.64% expense ratio.
Dividends
FAFDX vs. FLC - Dividend Comparison
FAFDX's dividend yield for the trailing twelve months is around 6.74%, less than FLC's 7.49% 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% |
FLC Flaherty & Crumrine Total Return Fund Inc | 7.49% | 6.81% | 6.62% | 7.38% | 8.95% | 6.86% | 6.27% | 6.31% | 8.34% | 7.22% | 8.20% | 8.51% |
Frequently Asked Questions
FAFDX and FLC have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAFDX has higher volatility (4.39%) compared to FLC (1.78%). In terms of maximum drawdown, FAFDX dropped -75.69% vs FLC's -76.79%.
FLC currently has the higher Sharpe Ratio (0.98 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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