FANAX vs. XLE
Compare and contrast key facts about Fidelity Advisor Energy Fund Class A (FANAX) and Energy Select Sector SPDR Fund (XLE).
FANAX is managed by Fidelity. It was launched on Sep 3, 1996. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FANAX or XLE.
Performance
FANAX vs. XLE - Performance Comparison
Returns By Period
In the year-to-date period, FANAX achieves a 14.03% return, which is significantly lower than XLE's 18.69% return. Over the past 10 years, FANAX has underperformed XLE with an annualized return of 3.71%, while XLE has yielded a comparatively higher 5.05% annualized return.
FANAX
14.03%
5.97%
1.78%
12.76%
15.61%
3.71%
XLE
18.69%
7.58%
8.19%
18.78%
15.67%
5.05%
Key characteristics
| FANAX | XLE | |
|---|---|---|
| Sharpe Ratio | 0.66 | 1.06 |
| Sortino Ratio | 0.99 | 1.51 |
| Omega Ratio | 1.12 | 1.19 |
| Calmar Ratio | 0.77 | 1.41 |
| Martin Ratio | 1.77 | 3.28 |
| Ulcer Index | 7.04% | 5.71% |
| Daily Std Dev | 18.82% | 17.66% |
| Max Drawdown | -76.21% | -71.54% |
| Current Drawdown | -4.96% | 0.00% |
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FANAX vs. XLE - Expense Ratio Comparison
FANAX has a 1.05% expense ratio, which is higher than XLE's 0.13% expense ratio.
Correlation
The correlation between FANAX and XLE is 0.96, 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.
Risk-Adjusted Performance
FANAX vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Energy Fund Class A (FANAX) and Energy Select Sector SPDR Fund (XLE). 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.
Dividends
FANAX vs. XLE - Dividend Comparison
FANAX's dividend yield for the trailing twelve months is around 1.80%, less than XLE's 3.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FANAX Fidelity Advisor Energy Fund Class A | 1.80% | 2.06% | 2.08% | 2.14% | 3.28% | 1.59% | 0.81% | 1.39% | 0.00% | 0.74% | 6.21% | 5.45% |
XLE Energy Select Sector SPDR Fund | 3.07% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
FANAX vs. XLE - Drawdown Comparison
The maximum FANAX drawdown since its inception was -76.21%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for FANAX and XLE. For additional features, visit the drawdowns tool.
Volatility
FANAX vs. XLE - Volatility Comparison
Fidelity Advisor Energy Fund Class A (FANAX) and Energy Select Sector SPDR Fund (XLE) have volatilities of 5.02% and 4.98%, 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.