FBIOX vs. FIJYX
FBIOX (Fidelity Select Biotechnology Portfolio) and FIJYX (Fidelity Advisor Biotechnology Fund Class Z) are both Health & Biotech Equities funds from Fidelity. Over the past 5 years, FBIOX returned 7.84%/yr vs 11.88%/yr for FIJYX. Their 0.96 correlation means they have historically moved very closely together. FBIOX charges 0.62%/yr vs 0.61%/yr for FIJYX.
Performance
FBIOX vs. FIJYX - Performance Comparison
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Returns By Period
In the year-to-date period, FBIOX achieves a 16.42% return, which is significantly lower than FIJYX's 20.89% return.
FBIOX
- 1D
- -2.67%
- 1M
- -4.94%
- 6M
- 13.17%
- YTD
- 16.42%
- 1Y
- 52.29%
- 3Y*
- 22.07%
- 5Y*
- 7.84%
- 10Y*
- 10.50%
- ALL TIME*
- 12.83%
FIJYX
- 1D
- -2.36%
- 1M
- -2.21%
- 6M
- 17.60%
- YTD
- 20.89%
- 1Y
- 61.68%
- 3Y*
- 23.20%
- 5Y*
- 11.88%
- 10Y*
- —
- ALL TIME*
- 12.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FBIOX vs. FIJYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FBIOX Fidelity Select Biotechnology Portfolio | 16.42% | 36.38% | 7.26% | 10.09% | -15.87% | -12.26% | 38.62% | 36.12% | -16.77% |
FIJYX Fidelity Advisor Biotechnology Fund Class Z | 20.89% | 40.09% | 0.03% | 11.19% | -7.60% | -2.76% | 32.72% | 26.25% | -11.45% |
Correlation
The correlation between FBIOX and FIJYX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.96 |
The correlation between FBIOX and FIJYX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
FBIOX vs. FIJYX — Risk / Return Rank
FBIOX
FIJYX
FBIOX vs. FIJYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Biotechnology Portfolio (FBIOX) and Fidelity Advisor Biotechnology Fund Class Z (FIJYX). 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.
| FBIOX | FIJYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.42 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 7.04 | 7.11 | -0.08 |
| Martin ratioReturn relative to average drawdown | 19.48 | 18.92 | +0.56 |
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Drawdowns
FBIOX vs. FIJYX - Drawdown Comparison
The maximum FBIOX drawdown since its inception was -71.98%, which is greater than FIJYX's maximum drawdown of -38.53%. Use the drawdown chart below to compare losses from any high point for FBIOX and FIJYX.
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Drawdown Indicators
| FBIOX | FIJYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.98% | -38.53% | -33.45% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -8.88% | +1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -27.83% | -36.39% | +8.56% |
Max Drawdown (5Y)Largest decline over 5 years | -44.87% | -36.39% | -8.48% |
Max Drawdown (10Y)Largest decline over 10 years | -48.66% | — | — |
Current DrawdownCurrent decline from peak | -6.15% | -5.29% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -23.55% | -11.39% | -12.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | 3.33% | -0.58% |
Volatility
FBIOX vs. FIJYX - Volatility Comparison
Fidelity Select Biotechnology Portfolio (FBIOX) and Fidelity Advisor Biotechnology Fund Class Z (FIJYX) have volatilities of 6.93% and 7.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBIOX | FIJYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 7.23% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 17.13% | 18.04% | -0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.68% | 23.59% | -1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 23.94% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.17% | 25.07% | +1.10% |
FBIOX vs. FIJYX - Expense Ratio Comparison
FBIOX has a 0.62% expense ratio, which is higher than FIJYX's 0.61% expense ratio.
Dividends
FBIOX vs. FIJYX - Dividend Comparison
FBIOX's dividend yield for the trailing twelve months is around 5.78%, more than FIJYX's 1.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIOX Fidelity Select Biotechnology Portfolio | 5.78% | 2.47% | 1.21% | 0.45% | 0.00% | 14.48% | 19.46% | 8.89% | 11.18% | 1.41% | 3.42% | 6.71% |
FIJYX Fidelity Advisor Biotechnology Fund Class Z | 1.19% | 1.44% | 0.00% | 1.55% | 0.00% | 18.90% | 8.13% | 6.49% | 2.35% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, FBIOX and FIJYX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FIJYX has higher volatility (7.23%) compared to FBIOX (6.93%). In terms of maximum drawdown, FBIOX dropped -71.98% vs FIJYX's -38.53%.
FIJYX currently has the higher Sharpe Ratio (2.68 vs 2.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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