FATIX vs. QQQM

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Technology Fund Class I (FATIX) and Invesco NASDAQ 100 ETF (QQQM).

FATIX is managed by Fidelity. It was launched on Sep 3, 1996. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.

Performance

FATIX vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class I (FATIX) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

FATIX vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FATIX Fidelity Advisor Technology Fund Class I	0.00%	24.65%	35.36%	59.71%	-36.01%	27.59%	11.45%
QQQM Invesco NASDAQ 100 ETF	-5.92%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.67%

Returns By Period

FATIX

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

QQQM

• 1D: 3.37%
• 1M: -4.84%
• YTD: -5.92%
• 6M: -3.59%
• 1Y: 23.76%
• 3Y*: 22.41%
• 5Y*: 12.96%
• 10Y*: —

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

FATIX vs. QQQM - Expense Ratio Comparison

FATIX has a 0.71% expense ratio, which is higher than QQQM's 0.15% expense ratio.

FATIX

Fidelity Advisor Technology Fund Class I

QQQM

Invesco NASDAQ 100 ETF

Return for Risk

FATIX vs. QQQM — Risk / Return Rank

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

QQQM

QQQM Risk / Return Rank: 70
QQQM Sharpe Ratio Rank: 64
QQQM Sortino Ratio Rank: 69
QQQM Omega Ratio Rank: 68
QQQM Calmar Ratio Rank: 76
QQQM Martin Ratio Rank: 73

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. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class I (FATIX) and Invesco NASDAQ 100 ETF (QQQM). 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	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.63	—

Correlation

The correlation between FATIX and QQQM is 0.92, 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. QQQM - Dividend Comparison

FATIX's dividend yield for the trailing twelve months is around 9.75%, more than QQQM's 0.53% 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%
QQQM Invesco NASDAQ 100 ETF	0.53%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	FATIX	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	—	-35.04%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.04%	—
Current Drawdown Current decline from peak	—	-8.99%	—
Average Drawdown Average peak-to-trough decline	—	-8.47%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.41%	—

Volatility

Volatility by Period

	FATIX	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.42%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.25%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.27%	—