FATIX vs. FGDMX

Last updated Jun 23, 2026

FATIX (Fidelity Advisor Technology Fund Class I) and FGDMX (Fidelity Advisor Communication Services Class A) are both mutual funds - FATIX is a Technology Equities fund managed by Fidelity, while FGDMX is a Communications Equities fund managed by Fidelity. A 0.77 correlation means they provide meaningful diversification when combined. FATIX charges 0.71%/yr vs 1.03%/yr for FGDMX.

Performance

FATIX vs. FGDMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class I (FATIX) and Fidelity Advisor Communication Services Class A (FGDMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FATIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FGDMX

• 1D: 1.73%
• 1M: -1.61%
• YTD: 8.92%
• 6M: 9.38%
• 1Y: 34.96%
• 3Y*: 32.52%
• 5Y*: 13.64%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FATIX vs. FGDMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FATIX Fidelity Advisor Technology Fund Class I	0.00%	24.65%	35.36%	59.71%	-36.01%	27.59%	64.34%	50.99%	-8.97%
FGDMX Fidelity Advisor Communication Services Class A	8.92%	36.36%	35.46%	56.40%	-38.47%	15.63%	35.07%	32.77%	-7.41%

Correlation

The correlation between FATIX and FGDMX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018	0.77

Over the past year, the correlation between FATIX and FGDMX has dropped to 0.37 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.

Return for Risk

FATIX vs. FGDMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FATIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FGDMX

FGDMX Risk / Return Rank: 35
FGDMX Sharpe Ratio Rank: 39
FGDMX Sortino Ratio Rank: 36
FGDMX Omega Ratio Rank: 37
FGDMX Calmar Ratio Rank: 30
FGDMX Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FATIX vs. FGDMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class I (FATIX) and Fidelity Advisor Communication Services Class A (FGDMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FATIX	FGDMX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.70	—
Sortino ratio: Return per unit of downside risk	—	2.34	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	1.95	—
Martin ratio: Return relative to average drawdown	—	7.15	—

Drawdowns

Drawdown Indicators

	FATIX	FGDMX	Difference
Max Drawdown Largest peak-to-trough decline	—	-47.60%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-47.60%	—
Current Drawdown Current decline from peak	—	-3.88%	—
Average Drawdown Average peak-to-trough decline	—	-10.83%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.61%	—

Volatility

Volatility by Period

	FATIX	FGDMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	19.41%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.34%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.94%	—

FATIX vs. FGDMX - Expense Ratio Comparison

FATIX has a 0.71% expense ratio, which is lower than FGDMX's 1.03% expense ratio.

Dividends

FATIX vs. FGDMX - Dividend Comparison

FATIX has not paid dividends to shareholders, while FGDMX's dividend yield for the trailing twelve months is around 12.24%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FATIX Fidelity Advisor Technology Fund Class I	9.75%	9.75%	7.19%	3.74%	3.32%	11.43%	7.31%	2.50%	22.35%	7.93%	1.52%	4.46%
FGDMX Fidelity Advisor Communication Services Class A	12.24%	7.66%	6.90%	0.00%	0.00%	5.73%	3.76%	35.47%	8.84%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FATIX and FGDMX in my portfolio?

FATIX and FGDMX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.