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.
Key characteristics
| FATEX | FSCSX | |
|---|---|---|
| YTD Return | 16.63% | 1.68% |
| 1Y Return | 42.16% | 28.45% |
| 3Y Return (Ann) | 14.30% | 7.20% |
| 5Y Return (Ann) | 24.85% | 16.30% |
| 10Y Return (Ann) | 20.69% | 17.63% |
| Sharpe Ratio | 2.04 | 1.57 |
| Daily Std Dev | 20.46% | 17.96% |
| Max Drawdown | -82.59% | -58.41% |
| Current Drawdown | 0.00% | -5.84% |
Correlation
The correlation between FATEX and FSCSX is 0.90, 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
In the year-to-date period, FATEX achieves a 16.63% return, which is significantly higher than FSCSX's 1.68% return. Over the past 10 years, FATEX has outperformed FSCSX with an annualized return of 20.69%, while FSCSX has yielded a comparatively lower 17.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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
FATEX's dividend yield for the trailing twelve months is around 3.68%, less than FSCSX's 9.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FATEX Fidelity Advisor Technology Fund Class M | 3.68% | 4.29% | 4.07% | 13.60% | 8.26% | 2.48% | 25.20% | 8.44% | 1.60% | 4.60% | 8.70% | 1.18% |
FSCSX Fidelity Select Software & IT Services Portfolio | 9.55% | 7.72% | 9.06% | 6.54% | 5.10% | 12.70% | 6.20% | 7.15% | 3.98% | 5.22% | 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 -58.41%. 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
Fidelity Advisor Technology Fund Class M (FATEX) has a higher volatility of 5.66% compared to Fidelity Select Software & IT Services Portfolio (FSCSX) at 4.67%. This indicates that FATEX's price experiences larger fluctuations and is considered to be riskier than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.