FBAOX vs. FADTX

Last updated Jun 4, 2026

FBAOX (Fidelity Advisor Balanced Fund Class A) and FADTX (Fidelity Advisor Technology Fund Class A) are both mutual funds - FBAOX is a Diversified Portfolio fund actively managed by Fidelity, while FADTX is a Technology Equities fund managed by Fidelity. A 0.65 correlation means they provide meaningful diversification when combined. FBAOX charges 0.76%/yr vs 0.97%/yr for FADTX.

Performance

FBAOX vs. FADTX - Performance Comparison

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

Returns By Period

FBAOX

• 1D: 0.20%
• 1M: 4.01%
• YTD: 10.13%
• 6M: 10.35%
• 1Y: 24.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FADTX

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

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

FBAOX vs. FADTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FBAOX Fidelity Advisor Balanced Fund Class A	10.13%	14.81%	4.65%
FADTX Fidelity Advisor Technology Fund Class A	0.00%	24.35%	10.82%

Correlation

The correlation between FBAOX and FADTX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.65

The correlation between FBAOX and FADTX shifts across timeframes, from 0.48 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FBAOX vs. FADTX — Risk / Return Rank

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

FBAOX

FBAOX Risk / Return Rank: 86
FBAOX Sharpe Ratio Rank: 88
FBAOX Sortino Ratio Rank: 85
FBAOX Omega Ratio Rank: 83
FBAOX Calmar Ratio Rank: 83
FBAOX Martin Ratio Rank: 91

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.

FBAOX vs. FADTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund Class A (FBAOX) and Fidelity Advisor Technology Fund Class A (FADTX). 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.

	FBAOX	FADTX	Difference
Sharpe ratio: Return per unit of total volatility	2.93	—	—
Sortino ratio: Return per unit of downside risk	4.12	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	3.88	—	—
Martin ratio: Return relative to average drawdown	18.55	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FBAOX	FADTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	—	—

Drawdowns

Drawdown Indicators

	FBAOX	FADTX	Difference
Max Drawdown Largest peak-to-trough decline	-12.61%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.48%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-1.47%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	—	—

Volatility

Volatility by Period

	FBAOX	FADTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.57%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.51%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.51%	—	—

FBAOX vs. FADTX - Expense Ratio Comparison

FBAOX has a 0.76% expense ratio, which is lower than FADTX's 0.97% expense ratio.

Dividends

FBAOX vs. FADTX - Dividend Comparison

FBAOX's dividend yield for the trailing twelve months is around 4.88%, less than FADTX's 11.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FADTX Fidelity Advisor Technology Fund Class A	11.13%	11.13%	8.01%	3.94%	3.72%	12.63%	7.85%	2.52%	23.98%	8.23%	1.63%	4.55%
FBAOX Fidelity Advisor Balanced Fund Class A	4.88%	5.40%	6.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FBAOX and FADTX in my portfolio?

FBAOX and FADTX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.