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FBTIX vs. FBIOX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBTIX and FBIOX is 0.98, 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.


-0.50.00.51.01.0

Performance

FBTIX vs. FBIOX - Performance Comparison

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

-15.00%-10.00%-5.00%0.00%5.00%AugustSeptemberOctoberNovemberDecember2025
-17.40%
-13.36%
FBTIX
FBIOX

Key characteristics

Sharpe Ratio

FBTIX:

-0.27

FBIOX:

0.04

Sortino Ratio

FBTIX:

-0.23

FBIOX:

0.19

Omega Ratio

FBTIX:

0.97

FBIOX:

1.02

Calmar Ratio

FBTIX:

-0.21

FBIOX:

0.02

Martin Ratio

FBTIX:

-0.71

FBIOX:

0.11

Ulcer Index

FBTIX:

7.52%

FBIOX:

6.81%

Daily Std Dev

FBTIX:

19.74%

FBIOX:

20.77%

Max Drawdown

FBTIX:

-60.66%

FBIOX:

-71.96%

Current Drawdown

FBTIX:

-25.19%

FBIOX:

-37.67%

Returns By Period

In the year-to-date period, FBTIX achieves a -4.52% return, which is significantly lower than FBIOX's -3.81% return. Over the past 10 years, FBTIX has outperformed FBIOX with an annualized return of 1.55%, while FBIOX has yielded a comparatively lower -1.56% annualized return.


FBTIX

YTD

-4.52%

1M

-9.27%

6M

-17.40%

1Y

-5.56%

5Y*

-0.20%

10Y*

1.55%

FBIOX

YTD

-3.81%

1M

-6.19%

6M

-13.35%

1Y

0.30%

5Y*

-3.83%

10Y*

-1.56%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FBTIX vs. FBIOX - Expense Ratio Comparison

FBTIX has a 0.73% expense ratio, which is higher than FBIOX's 0.69% expense ratio.


FBTIX
Fidelity Advisor Biotechnology Fund I Class
Expense ratio chart for FBTIX: current value at 0.73% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.73%
Expense ratio chart for FBIOX: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

FBTIX vs. FBIOX — Risk-Adjusted Performance Rank

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

FBTIX
The Risk-Adjusted Performance Rank of FBTIX is 66
Overall Rank
The Sharpe Ratio Rank of FBTIX is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of FBTIX is 66
Sortino Ratio Rank
The Omega Ratio Rank of FBTIX is 66
Omega Ratio Rank
The Calmar Ratio Rank of FBTIX is 44
Calmar Ratio Rank
The Martin Ratio Rank of FBTIX is 66
Martin Ratio Rank

FBIOX
The Risk-Adjusted Performance Rank of FBIOX is 1515
Overall Rank
The Sharpe Ratio Rank of FBIOX is 1414
Sharpe Ratio Rank
The Sortino Ratio Rank of FBIOX is 1616
Sortino Ratio Rank
The Omega Ratio Rank of FBIOX is 1515
Omega Ratio Rank
The Calmar Ratio Rank of FBIOX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of FBIOX is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FBTIX vs. FBIOX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Fidelity Select Biotechnology Portfolio (FBIOX). 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.


Sharpe ratio
The chart of Sharpe ratio for FBTIX, currently valued at -0.27, compared to the broader market-1.000.001.002.003.004.00-0.270.04
The chart of Sortino ratio for FBTIX, currently valued at -0.23, compared to the broader market0.002.004.006.008.0010.00-0.230.19
The chart of Omega ratio for FBTIX, currently valued at 0.97, compared to the broader market1.002.003.000.971.02
The chart of Calmar ratio for FBTIX, currently valued at -0.21, compared to the broader market0.005.0010.0015.00-0.210.02
The chart of Martin ratio for FBTIX, currently valued at -0.71, compared to the broader market0.0020.0040.0060.00-0.710.11
FBTIX
FBIOX

The current FBTIX Sharpe Ratio is -0.27, which is lower than the FBIOX Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of FBTIX and FBIOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00AugustSeptemberOctoberNovemberDecember2025
-0.27
0.04
FBTIX
FBIOX

Dividends

FBTIX vs. FBIOX - Dividend Comparison

FBTIX's dividend yield for the trailing twelve months is around 3.02%, more than FBIOX's 1.26% yield.


TTM20242023202220212020201920182017201620152014
FBTIX
Fidelity Advisor Biotechnology Fund I Class
3.02%2.88%1.36%0.00%0.99%0.20%0.01%0.00%0.00%0.00%5.23%2.36%
FBIOX
Fidelity Select Biotechnology Portfolio
1.26%1.21%0.45%0.00%0.17%0.26%0.15%0.00%0.00%0.00%6.71%10.77%

Drawdowns

FBTIX vs. FBIOX - Drawdown Comparison

The maximum FBTIX drawdown since its inception was -60.66%, smaller than the maximum FBIOX drawdown of -71.96%. Use the drawdown chart below to compare losses from any high point for FBTIX and FBIOX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-25.19%
-37.67%
FBTIX
FBIOX

Volatility

FBTIX vs. FBIOX - Volatility Comparison

Fidelity Advisor Biotechnology Fund I Class (FBTIX) has a higher volatility of 7.89% compared to Fidelity Select Biotechnology Portfolio (FBIOX) at 7.27%. This indicates that FBTIX's price experiences larger fluctuations and is considered to be riskier than FBIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
7.89%
7.27%
FBTIX
FBIOX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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