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FBTIX vs. FBDIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FBTIX vs. FBDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Franklin Biotechnology Discovery Fund (FBDIX). The values are adjusted to include any dividend payments, if applicable.

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FBTIX vs. FBDIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FBTIX
Fidelity Advisor Biotechnology Fund I Class
-2.62%39.91%5.63%11.02%-7.74%-2.86%32.53%26.11%-3.61%26.15%
FBDIX
Franklin Biotechnology Discovery Fund
-3.29%52.68%15.37%18.40%-12.65%-27.58%29.85%49.11%-15.77%18.83%

Returns By Period

In the year-to-date period, FBTIX achieves a -2.62% return, which is significantly higher than FBDIX's -3.29% return. Over the past 10 years, FBTIX has outperformed FBDIX with an annualized return of 11.60%, while FBDIX has yielded a comparatively lower 10.22% annualized return.


FBTIX

1D
-0.74%
1M
-6.04%
YTD
-2.62%
6M
11.57%
1Y
43.10%
3Y*
18.79%
5Y*
8.22%
10Y*
11.60%

FBDIX

1D
-0.30%
1M
-6.49%
YTD
-3.29%
6M
19.63%
1Y
54.72%
3Y*
25.99%
5Y*
6.18%
10Y*
10.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FBTIX vs. FBDIX - Expense Ratio Comparison

FBTIX has a 0.73% expense ratio, which is lower than FBDIX's 1.06% expense ratio.


Return for Risk

FBTIX vs. FBDIX — Risk / Return Rank

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

FBTIX
FBTIX Risk / Return Rank: 8383
Overall Rank
FBTIX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FBTIX Sortino Ratio Rank: 8383
Sortino Ratio Rank
FBTIX Omega Ratio Rank: 7373
Omega Ratio Rank
FBTIX Calmar Ratio Rank: 8989
Calmar Ratio Rank
FBTIX Martin Ratio Rank: 8989
Martin Ratio Rank

FBDIX
FBDIX Risk / Return Rank: 9191
Overall Rank
FBDIX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
FBDIX Sortino Ratio Rank: 9191
Sortino Ratio Rank
FBDIX Omega Ratio Rank: 8383
Omega Ratio Rank
FBDIX Calmar Ratio Rank: 9494
Calmar Ratio Rank
FBDIX Martin Ratio Rank: 9494
Martin Ratio Rank
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.

FBTIX vs. FBDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Franklin Biotechnology Discovery Fund (FBDIX). 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.


FBTIXFBDIXDifference

Sharpe ratio

Return per unit of total volatility

1.58

1.99

-0.41

Sortino ratio

Return per unit of downside risk

2.12

2.59

-0.46

Omega ratio

Gain probability vs. loss probability

1.27

1.33

-0.06

Calmar ratio

Return relative to maximum drawdown

2.40

3.04

-0.63

Martin ratio

Return relative to average drawdown

9.76

12.26

-2.50

FBTIX vs. FBDIX - Sharpe Ratio Comparison

The current FBTIX Sharpe Ratio is 1.58, which is comparable to the FBDIX Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of FBTIX and FBDIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FBTIXFBDIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

1.99

-0.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.36

0.24

+0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.39

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.40

-0.08

Correlation

The correlation between FBTIX and FBDIX 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

FBTIX vs. FBDIX - Dividend Comparison

FBTIX's dividend yield for the trailing twelve months is around 1.42%, less than FBDIX's 11.18% yield.


TTM20252024202320222021202020192018201720162015
FBTIX
Fidelity Advisor Biotechnology Fund I Class
1.42%1.39%5.69%1.36%0.00%18.74%8.01%6.44%2.35%0.00%0.00%5.23%
FBDIX
Franklin Biotechnology Discovery Fund
11.18%10.81%19.53%0.00%0.13%0.98%14.50%18.77%3.72%2.39%4.57%8.42%

Drawdowns

FBTIX vs. FBDIX - Drawdown Comparison

The maximum FBTIX drawdown since its inception was -63.45%, smaller than the maximum FBDIX drawdown of -71.44%. Use the drawdown chart below to compare losses from any high point for FBTIX and FBDIX.


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Drawdown Indicators


FBTIXFBDIXDifference

Max Drawdown

Largest peak-to-trough decline

-63.45%

-71.44%

+7.99%

Max Drawdown (1Y)

Largest decline over 1 year

-13.62%

-12.39%

-1.23%

Max Drawdown (5Y)

Largest decline over 5 years

-36.41%

-46.83%

+10.42%

Max Drawdown (10Y)

Largest decline over 10 years

-38.64%

-53.67%

+15.03%

Current Drawdown

Current decline from peak

-7.21%

-7.38%

+0.17%

Average Drawdown

Average peak-to-trough decline

-20.73%

-28.90%

+8.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.09%

3.98%

+0.11%

Volatility

FBTIX vs. FBDIX - Volatility Comparison

Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Franklin Biotechnology Discovery Fund (FBDIX) have volatilities of 7.77% and 7.62%, 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


FBTIXFBDIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.77%

7.62%

+0.15%

Volatility (6M)

Calculated over the trailing 6-month period

16.36%

15.74%

+0.62%

Volatility (1Y)

Calculated over the trailing 1-year period

25.57%

25.50%

+0.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.23%

25.47%

-2.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.54%

26.35%

-1.81%