FATEX vs. FSCSX
Compare and contrast key facts about Fidelity Advisor Technology Fund Class M (FATEX) and Fidelity Select Software & IT Services Portfolio (FSCSX).
FATEX is managed by Fidelity. It was launched on Sep 3, 1996. FSCSX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FATEX or FSCSX.
Correlation
The correlation between FATEX and FSCSX is 0.89, 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
Key characteristics
FATEX:
1.23
FSCSX:
0.12
FATEX:
1.72
FSCSX:
0.28
FATEX:
1.22
FSCSX:
1.04
FATEX:
1.30
FSCSX:
0.09
FATEX:
5.84
FSCSX:
0.28
FATEX:
5.01%
FSCSX:
8.30%
FATEX:
23.73%
FSCSX:
19.83%
FATEX:
-82.59%
FSCSX:
-58.42%
FATEX:
-4.48%
FSCSX:
-9.01%
Returns By Period
In the year-to-date period, FATEX achieves a 34.62% return, which is significantly higher than FSCSX's 9.47% return. Over the past 10 years, FATEX has outperformed FSCSX with an annualized return of 13.93%, while FSCSX has yielded a comparatively lower 10.44% annualized return.
FATEX
34.62%
3.13%
5.84%
28.91%
16.37%
13.93%
FSCSX
9.47%
3.03%
15.52%
1.75%
9.02%
10.44%
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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 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.
Dividends
FATEX vs. FSCSX - Dividend Comparison
Neither FATEX nor FSCSX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 4.60% | 8.70% | 1.18% |
FSCSX Fidelity Select Software & IT Services Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.23% | 0.04% | 0.00% | 0.03% | 2.35% | 10.43% | 4.72% |
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 -58.42%. Use the drawdown chart below to compare losses from any high point for FATEX and FSCSX. For additional features, visit the drawdowns tool.
Volatility
FATEX vs. FSCSX - Volatility Comparison
The current volatility for Fidelity Advisor Technology Fund Class M (FATEX) is 5.78%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 7.00%. This indicates that FATEX experiences smaller price fluctuations and is considered to be less risky than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.