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FATEX vs. FSCSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FATEX and FSCSX is 0.81, 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

FATEX vs. FSCSX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FATEX:

0.11

FSCSX:

0.06

Sortino Ratio

FATEX:

0.42

FSCSX:

0.26

Omega Ratio

FATEX:

1.06

FSCSX:

1.04

Calmar Ratio

FATEX:

0.13

FSCSX:

0.04

Martin Ratio

FATEX:

0.36

FSCSX:

0.12

Ulcer Index

FATEX:

12.86%

FSCSX:

12.38%

Daily Std Dev

FATEX:

33.75%

FSCSX:

26.46%

Max Drawdown

FATEX:

-82.59%

FSCSX:

-58.41%

Current Drawdown

FATEX:

-14.13%

FSCSX:

-16.20%

Returns By Period

In the year-to-date period, FATEX achieves a -2.48% return, which is significantly lower than FSCSX's 1.70% return. Over the past 10 years, FATEX has outperformed FSCSX with an annualized return of 11.58%, while FSCSX has yielded a comparatively lower 9.18% annualized return.


FATEX

YTD

-2.48%

1M

22.69%

6M

-8.68%

1Y

3.77%

3Y*

17.78%

5Y*

11.79%

10Y*

11.58%

FSCSX

YTD

1.70%

1M

21.95%

6M

-5.92%

1Y

1.00%

3Y*

8.78%

5Y*

5.51%

10Y*

9.18%

*Annualized

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FATEX vs. FSCSX - Expense Ratio Comparison

FATEX has a 1.21% expense ratio, which is higher than FSCSX's 0.67% expense ratio.


Risk-Adjusted Performance

FATEX vs. FSCSX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FATEX
The Risk-Adjusted Performance Rank of FATEX is 2929
Overall Rank
The Sharpe Ratio Rank of FATEX is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of FATEX is 3232
Sortino Ratio Rank
The Omega Ratio Rank of FATEX is 3131
Omega Ratio Rank
The Calmar Ratio Rank of FATEX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of FATEX is 2626
Martin Ratio Rank

FSCSX
The Risk-Adjusted Performance Rank of FSCSX is 2222
Overall Rank
The Sharpe Ratio Rank of FSCSX is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of FSCSX is 2525
Sortino Ratio Rank
The Omega Ratio Rank of FSCSX is 2424
Omega Ratio Rank
The Calmar Ratio Rank of FSCSX is 2222
Calmar Ratio Rank
The Martin Ratio Rank of FSCSX is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FATEX vs. FSCSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class M (FATEX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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.


The current FATEX Sharpe Ratio is 0.11, which is higher than the FSCSX Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of FATEX and FSCSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FATEX vs. FSCSX - Dividend Comparison

FATEX has not paid dividends to shareholders, while FSCSX's dividend yield for the trailing twelve months is around 1.53%.


TTM20242023202220212020201920182017201620152014
FATEX
Fidelity Advisor Technology Fund Class M
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.60%8.70%
FSCSX
Fidelity Select Software & IT Services Portfolio
1.53%0.00%0.00%0.00%0.00%0.55%0.23%0.04%0.00%0.03%2.35%10.43%

Drawdowns

FATEX vs. FSCSX - Drawdown Comparison

The maximum FATEX drawdown since its inception was -82.59%, which is greater than FSCSX's maximum drawdown of -58.41%. Use the drawdown chart below to compare losses from any high point for FATEX and FSCSX. For additional features, visit the drawdowns tool.


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Volatility

FATEX vs. FSCSX - Volatility Comparison

Fidelity Advisor Technology Fund Class M (FATEX) and Fidelity Select Software & IT Services Portfolio (FSCSX) have volatilities of 7.41% and 7.69%, 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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