FAPMX vs. XLK
Compare and contrast key facts about Fidelity Advisor Healthy Future Fund (FAPMX) and Technology Select Sector SPDR Fund (XLK).
FAPMX is managed by Fidelity. It was launched on May 23, 2022. XLK is a passively managed fund by State Street that tracks the performance of the Technology 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: FAPMX or XLK.
Correlation
The correlation between FAPMX and XLK is 0.79, 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.
Performance
FAPMX vs. XLK - Performance Comparison
Key characteristics
FAPMX:
1.01
XLK:
0.85
FAPMX:
1.48
XLK:
1.23
FAPMX:
1.18
XLK:
1.16
FAPMX:
1.83
XLK:
1.14
FAPMX:
5.05
XLK:
3.82
FAPMX:
2.43%
XLK:
5.04%
FAPMX:
12.18%
XLK:
22.82%
FAPMX:
-16.34%
XLK:
-82.05%
FAPMX:
-3.52%
XLK:
0.00%
Returns By Period
In the year-to-date period, FAPMX achieves a 1.28% return, which is significantly lower than XLK's 4.15% return.
FAPMX
1.28%
0.22%
1.05%
13.22%
N/A
N/A
XLK
4.15%
3.45%
7.73%
21.61%
20.66%
20.39%
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FAPMX vs. XLK - Expense Ratio Comparison
FAPMX has a 1.04% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
FAPMX vs. XLK — Risk-Adjusted Performance Rank
FAPMX
XLK
FAPMX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Healthy Future Fund (FAPMX) and Technology Select Sector SPDR Fund (XLK). 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
FAPMX vs. XLK - Dividend Comparison
FAPMX's dividend yield for the trailing twelve months is around 0.07%, less than XLK's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAPMX Fidelity Advisor Healthy Future Fund | 0.07% | 0.07% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK Technology Select Sector SPDR Fund | 0.63% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
Drawdowns
FAPMX vs. XLK - Drawdown Comparison
The maximum FAPMX drawdown since its inception was -16.34%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for FAPMX and XLK. For additional features, visit the drawdowns tool.
Volatility
FAPMX vs. XLK - Volatility Comparison
The current volatility for Fidelity Advisor Healthy Future Fund (FAPMX) is 3.22%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 7.33%. This indicates that FAPMX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.