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

Correlation

The correlation between FATEX and FSELX 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.


-0.50.00.51.00.9

Performance

FATEX vs. FSELX - 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 Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.35%
-3.01%
FATEX
FSELX

Key characteristics

Sharpe Ratio

FATEX:

1.42

FSELX:

0.93

Sortino Ratio

FATEX:

1.94

FSELX:

1.42

Omega Ratio

FATEX:

1.25

FSELX:

1.18

Calmar Ratio

FATEX:

1.49

FSELX:

1.39

Martin Ratio

FATEX:

6.92

FSELX:

3.87

Ulcer Index

FATEX:

4.86%

FSELX:

8.72%

Daily Std Dev

FATEX:

23.70%

FSELX:

36.41%

Max Drawdown

FATEX:

-82.59%

FSELX:

-81.70%

Current Drawdown

FATEX:

-2.81%

FSELX:

-11.44%

Returns By Period

The year-to-date returns for both investments are quite close, with FATEX having a 36.98% return and FSELX slightly higher at 38.23%. Over the past 10 years, FATEX has underperformed FSELX with an annualized return of 14.04%, while FSELX has yielded a comparatively higher 16.98% annualized return.


FATEX

YTD

36.98%

1M

3.49%

6M

10.01%

1Y

37.26%

5Y*

16.75%

10Y*

14.04%

FSELX

YTD

38.23%

1M

-1.64%

6M

-6.19%

1Y

39.26%

5Y*

22.02%

10Y*

16.98%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FATEX vs. FSELX - Expense Ratio Comparison

FATEX has a 1.21% expense ratio, which is higher than FSELX's 0.68% expense ratio.


FATEX
Fidelity Advisor Technology Fund Class M
Expense ratio chart for FATEX: current value at 1.21% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.21%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

FATEX vs. FSELX - 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 Semiconductors Portfolio (FSELX). 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.


Sharpe ratio
The chart of Sharpe ratio for FATEX, currently valued at 1.42, compared to the broader market-1.000.001.002.003.004.001.420.93
The chart of Sortino ratio for FATEX, currently valued at 1.94, compared to the broader market-2.000.002.004.006.008.0010.001.941.42
The chart of Omega ratio for FATEX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.18
The chart of Calmar ratio for FATEX, currently valued at 1.49, compared to the broader market0.002.004.006.008.0010.0012.0014.001.491.39
The chart of Martin ratio for FATEX, currently valued at 6.92, compared to the broader market0.0020.0040.0060.006.923.87
FATEX
FSELX

The current FATEX Sharpe Ratio is 1.42, which is higher than the FSELX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of FATEX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.42
0.93
FATEX
FSELX

Dividends

FATEX vs. FSELX - Dividend Comparison

Neither FATEX nor FSELX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
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%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

FATEX vs. FSELX - Drawdown Comparison

The maximum FATEX drawdown since its inception was -82.59%, roughly equal to the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FATEX and FSELX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.81%
-11.44%
FATEX
FSELX

Volatility

FATEX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Advisor Technology Fund Class M (FATEX) is 5.82%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 8.36%. This indicates that FATEX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
5.82%
8.36%
FATEX
FSELX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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