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

Correlation

The correlation between FATEX and FSPSX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

FATEX vs. FSPSX - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
12.35%
-5.44%
FATEX
FSPSX

Key characteristics

Sharpe Ratio

FATEX:

1.42

FSPSX:

0.22

Sortino Ratio

FATEX:

1.94

FSPSX:

0.38

Omega Ratio

FATEX:

1.25

FSPSX:

1.05

Calmar Ratio

FATEX:

1.49

FSPSX:

0.23

Martin Ratio

FATEX:

6.92

FSPSX:

0.80

Ulcer Index

FATEX:

4.86%

FSPSX:

3.53%

Daily Std Dev

FATEX:

23.70%

FSPSX:

13.01%

Max Drawdown

FATEX:

-82.59%

FSPSX:

-33.69%

Current Drawdown

FATEX:

-2.81%

FSPSX:

-12.35%

Returns By Period

In the year-to-date period, FATEX achieves a 36.98% return, which is significantly higher than FSPSX's 0.19% return. Over the past 10 years, FATEX has outperformed FSPSX with an annualized return of 14.04%, while FSPSX has yielded a comparatively lower 4.89% annualized return.


FATEX

YTD

36.98%

1M

3.49%

6M

10.01%

1Y

37.26%

5Y*

16.75%

10Y*

14.04%

FSPSX

YTD

0.19%

1M

-3.94%

6M

-4.77%

1Y

1.31%

5Y*

4.25%

10Y*

4.89%

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. FSPSX - Expense Ratio Comparison

FATEX has a 1.21% expense ratio, which is higher than FSPSX's 0.04% 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 FSPSX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

FATEX vs. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class M (FATEX) and Fidelity International Index Fund (FSPSX). 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-1.000.001.002.003.004.001.420.22
The chart of Sortino ratio for FATEX, currently valued at 1.94, compared to the broader market-2.000.002.004.006.008.0010.001.940.38
The chart of Omega ratio for FATEX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.05
The chart of Calmar ratio for FATEX, currently valued at 1.49, compared to the broader market0.002.004.006.008.0010.0012.0014.001.490.23
The chart of Martin ratio for FATEX, currently valued at 6.92, compared to the broader market0.0020.0040.0060.006.920.80
FATEX
FSPSX

The current FATEX Sharpe Ratio is 1.42, which is higher than the FSPSX Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of FATEX and FSPSX, 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
0.22
FATEX
FSPSX

Dividends

FATEX vs. FSPSX - Dividend Comparison

FATEX has not paid dividends to shareholders, while FSPSX's dividend yield for the trailing twelve months is around 0.38%.


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%
FSPSX
Fidelity International Index Fund
0.38%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%2.59%

Drawdowns

FATEX vs. FSPSX - Drawdown Comparison

The maximum FATEX drawdown since its inception was -82.59%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FATEX and FSPSX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.81%
-12.35%
FATEX
FSPSX

Volatility

FATEX vs. FSPSX - Volatility Comparison

Fidelity Advisor Technology Fund Class M (FATEX) has a higher volatility of 5.82% compared to Fidelity International Index Fund (FSPSX) at 4.63%. This indicates that FATEX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
5.82%
4.63%
FATEX
FSPSX
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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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