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

Correlation

The correlation between FATEX and GSLLX is 0.88, 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. GSLLX - Performance Comparison

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

100.00%200.00%300.00%400.00%500.00%600.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
693.16%
123.73%
FATEX
GSLLX

Key characteristics

Sharpe Ratio

FATEX:

1.42

GSLLX:

1.71

Sortino Ratio

FATEX:

1.94

GSLLX:

2.32

Omega Ratio

FATEX:

1.25

GSLLX:

1.32

Calmar Ratio

FATEX:

1.49

GSLLX:

2.56

Martin Ratio

FATEX:

6.92

GSLLX:

10.56

Ulcer Index

FATEX:

4.86%

GSLLX:

2.06%

Daily Std Dev

FATEX:

23.70%

GSLLX:

12.76%

Max Drawdown

FATEX:

-82.59%

GSLLX:

-50.57%

Current Drawdown

FATEX:

-2.81%

GSLLX:

-5.66%

Returns By Period

In the year-to-date period, FATEX achieves a 36.98% return, which is significantly higher than GSLLX's 20.09% return. Over the past 10 years, FATEX has outperformed GSLLX with an annualized return of 14.04%, while GSLLX has yielded a comparatively lower 6.36% annualized return.


FATEX

YTD

36.98%

1M

3.49%

6M

10.01%

1Y

37.26%

5Y*

16.75%

10Y*

14.04%

GSLLX

YTD

20.09%

1M

-2.33%

6M

6.18%

1Y

20.49%

5Y*

11.20%

10Y*

6.36%

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FATEX vs. GSLLX - Expense Ratio Comparison

FATEX has a 1.21% expense ratio, which is higher than GSLLX's 0.71% 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 GSLLX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%

Risk-Adjusted Performance

FATEX vs. GSLLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class M (FATEX) and Goldman Sachs Flexible Cap Fund (GSLLX). 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-1.000.001.002.003.004.001.421.71
The chart of Sortino ratio for FATEX, currently valued at 1.94, compared to the broader market-2.000.002.004.006.008.0010.001.942.32
The chart of Omega ratio for FATEX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.32
The chart of Calmar ratio for FATEX, currently valued at 1.49, compared to the broader market0.002.004.006.008.0010.0012.0014.001.492.56
The chart of Martin ratio for FATEX, currently valued at 6.92, compared to the broader market0.0020.0040.0060.006.9210.56
FATEX
GSLLX

The current FATEX Sharpe Ratio is 1.42, which is comparable to the GSLLX Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of FATEX and GSLLX, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.42
1.71
FATEX
GSLLX

Dividends

FATEX vs. GSLLX - Dividend Comparison

Neither FATEX nor GSLLX 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%
GSLLX
Goldman Sachs Flexible Cap Fund
0.00%0.41%0.33%0.36%0.61%0.84%1.24%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FATEX vs. GSLLX - Drawdown Comparison

The maximum FATEX drawdown since its inception was -82.59%, which is greater than GSLLX's maximum drawdown of -50.57%. Use the drawdown chart below to compare losses from any high point for FATEX and GSLLX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.81%
-5.66%
FATEX
GSLLX

Volatility

FATEX vs. GSLLX - Volatility Comparison

Fidelity Advisor Technology Fund Class M (FATEX) has a higher volatility of 5.82% compared to Goldman Sachs Flexible Cap Fund (GSLLX) at 4.59%. This indicates that FATEX's price experiences larger fluctuations and is considered to be riskier than GSLLX 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%
4.59%
FATEX
GSLLX
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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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