FATEX vs. FIKHX

Last updated Jun 4, 2026

FATEX (Fidelity Advisor Technology Fund Class M) and FIKHX (Fidelity Advisor Technology Fund Class Z) are both Technology Equities funds from Fidelity. With a 1.00 correlation, they move nearly in lockstep. FATEX charges 1.21%/yr vs 0.59%/yr for FIKHX.

Performance

FATEX vs. FIKHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class M (FATEX) and Fidelity Advisor Technology Fund Class Z (FIKHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FATEX

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

FIKHX

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

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

FATEX vs. FIKHX - Yearly Performance Comparison

	2025 (YTD)	2024	2023	2022	2021	2020	2019	2018
FATEX Fidelity Advisor Technology Fund Class M	24.05%	34.69%	58.93%	-36.34%	26.95%	63.52%	50.18%	-17.35%
FIKHX Fidelity Advisor Technology Fund Class Z	24.77%	35.52%	59.89%	-35.93%	27.74%	64.56%	51.18%	-17.39%

Correlation

The correlation between FATEX and FIKHX 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 18, 2018	1.00

The correlation between FATEX and FIKHX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

FATEX vs. FIKHX - Sectors Allocation Comparison

Sectors	FATEX	FIKHX
Technology	97.9%	97.9%
Consumer Cyclical	1.2%	1.2%
Communication Services	0.8%	0.8%
Basic Materials	0.0%	0.0%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FATEX vs. FIKHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class M (FATEX) and Fidelity Advisor Technology Fund Class Z (FIKHX). 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.

Drawdowns

Volatility

FATEX vs. FIKHX - Expense Ratio Comparison

FATEX has a 1.21% expense ratio, which is higher than FIKHX's 0.59% expense ratio.

Dividends

FATEX vs. FIKHX - Dividend Comparison

FATEX's dividend yield for the trailing twelve months is around 12.39%, more than FIKHX's 9.85% yield.

Position	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FATEX Fidelity Advisor Technology Fund Class M	12.39%	8.86%	4.29%	4.07%	13.60%	8.26%	2.48%	25.20%	8.44%	1.60%	4.60%
FIKHX Fidelity Advisor Technology Fund Class Z	9.85%	7.33%	3.86%	3.32%	11.52%	7.42%	2.64%	22.38%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FATEX and FIKHX in my portfolio?

With a correlation of 1.00, FATEX and FIKHX 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.