FATIX vs. FTEC

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Technology Fund Class I (FATIX) and Fidelity MSCI Information Technology Index ETF (FTEC).

FATIX is managed by Fidelity. It was launched on Sep 3, 1996. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology 25/50 Index. It was launched on Oct 21, 2013.

Performance

FATIX vs. FTEC - Performance Comparison

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

FATIX vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FATIX Fidelity Advisor Technology Fund Class I	0.00%	24.65%	35.36%	59.71%	-36.01%	27.59%	64.34%	50.99%	-8.24%	49.83%
FTEC Fidelity MSCI Information Technology Index ETF	-7.30%	22.11%	29.40%	53.30%	-29.59%	30.49%	45.83%	48.93%	-0.39%	36.83%

Returns By Period

FATIX

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

FTEC

• 1D: 4.32%
• 1M: -3.83%
• YTD: -7.30%
• 6M: -6.15%
• 1Y: 29.59%
• 3Y*: 22.94%
• 5Y*: 14.76%
• 10Y*: 21.13%

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

FATIX vs. FTEC - Expense Ratio Comparison

FATIX has a 0.71% expense ratio, which is higher than FTEC's 0.08% expense ratio.

FATIX

Fidelity Advisor Technology Fund Class I

FTEC

Fidelity MSCI Information Technology Index ETF

Return for Risk

FATIX vs. FTEC — Risk / Return Rank

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

FTEC

FTEC Risk / Return Rank: 68
FTEC Sharpe Ratio Rank: 65
FTEC Sortino Ratio Rank: 69
FTEC Omega Ratio Rank: 67
FTEC Calmar Ratio Rank: 74
FTEC Martin Ratio Rank: 62

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. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class I (FATIX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.

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

Sharpe Ratios by Period

	FATIX	FTEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.85	—

Correlation

The correlation between FATIX and FTEC is 0.95, 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.

Dividends

FATIX vs. FTEC - Dividend Comparison

FATIX's dividend yield for the trailing twelve months is around 9.75%, more than FTEC's 0.46% yield.

	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%
FTEC Fidelity MSCI Information Technology Index ETF	0.46%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%

Drawdowns

Drawdown Indicators

	FATIX	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.95%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	—	-12.65%	—
Average Drawdown Average peak-to-trough decline	—	-5.61%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.22%	—

Volatility

Volatility by Period

	FATIX	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	27.51%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.12%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.57%	—