FBTIX vs. FIJYX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Fidelity Advisor Biotechnology Fund Class Z (FIJYX).

FBTIX is managed by Fidelity. It was launched on Dec 27, 2000. FIJYX is managed by Fidelity. It was launched on Oct 2, 2018.

Performance

FBTIX vs. FIJYX - Performance Comparison

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

FBTIX vs. FIJYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FBTIX Fidelity Advisor Biotechnology Fund I Class	2.30%	39.91%	5.63%	11.02%	-7.74%	-2.86%	32.53%	26.11%	-11.49%
FIJYX Fidelity Advisor Biotechnology Fund Class Z	2.35%	40.09%	0.03%	11.19%	-7.60%	-2.76%	32.72%	26.25%	-11.45%

Returns By Period

The year-to-date returns for both investments are quite close, with FBTIX having a 2.30% return and FIJYX slightly higher at 2.35%.

FBTIX

• 1D: 5.05%
• 1M: -0.75%
• YTD: 2.30%
• 6M: 15.68%
• 1Y: 55.75%
• 3Y*: 20.76%
• 5Y*: 9.19%
• 10Y*: 12.15%

FIJYX

• 1D: 5.06%
• 1M: -0.73%
• YTD: 2.35%
• 6M: 15.76%
• 1Y: 55.98%
• 3Y*: 18.69%
• 5Y*: 8.12%
• 10Y*: —

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

FBTIX vs. FIJYX - Expense Ratio Comparison

FBTIX has a 0.73% expense ratio, which is higher than FIJYX's 0.61% expense ratio.

FBTIX

Fidelity Advisor Biotechnology Fund I Class

FIJYX

Fidelity Advisor Biotechnology Fund Class Z

Return for Risk

FBTIX vs. FIJYX — Risk / Return Rank

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

FBTIX

FBTIX Risk / Return Rank: 90
FBTIX Sharpe Ratio Rank: 91
FBTIX Sortino Ratio Rank: 89
FBTIX Omega Ratio Rank: 81
FBTIX Calmar Ratio Rank: 94
FBTIX Martin Ratio Rank: 94

FIJYX

FIJYX Risk / Return Rank: 89
FIJYX Sharpe Ratio Rank: 90
FIJYX Sortino Ratio Rank: 88
FIJYX Omega Ratio Rank: 80
FIJYX Calmar Ratio Rank: 94
FIJYX Martin Ratio Rank: 94

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. FIJYX - Risk-Adjusted Trends Comparison

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

	FBTIX	FIJYX	Difference
Sharpe ratio Return per unit of total volatility	1.95	1.96	-0.01
Sortino ratio Return per unit of downside risk	2.55	2.56	-0.01
Omega ratio Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio Return relative to maximum drawdown	3.18	3.20	-0.01
Martin ratio Return relative to average drawdown	12.79	12.85	-0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBTIX vs. FIJYX - Sharpe Ratio Comparison

The current FBTIX Sharpe Ratio is 1.95, which is comparable to the FIJYX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of FBTIX and FIJYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FBTIX	FIJYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	1.96	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.35	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.43	-0.10

Correlation

The correlation between FBTIX and FIJYX is 1.00, 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. FIJYX - Dividend Comparison

FBTIX's dividend yield for the trailing twelve months is around 1.36%, less than FIJYX's 1.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBTIX Fidelity Advisor Biotechnology Fund I Class	1.36%	1.39%	5.69%	1.36%	0.00%	18.74%	8.01%	6.44%	2.35%	0.00%	0.00%	5.23%
FIJYX Fidelity Advisor Biotechnology Fund Class Z	1.41%	1.44%	0.00%	1.55%	0.00%	18.90%	8.13%	6.49%	2.35%	0.00%	0.00%	0.00%

Drawdowns

FBTIX vs. FIJYX - Drawdown Comparison

The maximum FBTIX drawdown since its inception was -63.45%, which is greater than FIJYX's maximum drawdown of -38.53%. Use the drawdown chart below to compare losses from any high point for FBTIX and FIJYX.

Drawdown Indicators

	FBTIX	FIJYX	Difference
Max Drawdown Largest peak-to-trough decline	-63.45%	-38.53%	-24.92%
Max Drawdown (1Y) Largest decline over 1 year	-13.62%	-13.59%	-0.03%
Max Drawdown (5Y) Largest decline over 5 years	-36.41%	-36.39%	-0.02%
Max Drawdown (10Y) Largest decline over 10 years	-38.64%	—	—
Current Drawdown Current decline from peak	-2.52%	-2.49%	-0.03%
Average Drawdown Average peak-to-trough decline	-20.73%	-11.76%	-8.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.69%	3.69%	0.00%

Volatility

FBTIX vs. FIJYX - Volatility Comparison

Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Fidelity Advisor Biotechnology Fund Class Z (FIJYX) have volatilities of 9.35% and 9.34%, 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.

Volatility by Period

	FBTIX	FIJYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.35%	9.34%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	17.00%	17.01%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	25.99%	26.00%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.31%	23.43%	-0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.57%	25.07%	-0.50%