FBTIX vs. FSMEX
Compare and contrast key facts about Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX).
FBTIX is managed by Fidelity. It was launched on Dec 27, 2000. FSMEX is managed by Fidelity. It was launched on Apr 28, 1998.
Performance
FBTIX vs. FSMEX - Performance Comparison
Loading graphics...
FBTIX vs. FSMEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBTIX Fidelity Advisor Biotechnology Fund I Class | 2.30% | 39.91% | 5.63% | 11.02% | -7.74% | -2.86% | 32.53% | 26.11% | -3.61% | 26.15% |
FSMEX Fidelity Select Medical Technology and Devices Portfolio | -15.85% | 8.13% | 18.37% | 0.62% | -24.84% | 24.56% | 30.18% | 29.58% | 15.98% | 26.66% |
Returns By Period
In the year-to-date period, FBTIX achieves a 2.30% return, which is significantly higher than FSMEX's -15.85% return. Over the past 10 years, FBTIX has outperformed FSMEX with an annualized return of 12.15%, while FSMEX has yielded a comparatively lower 10.69% annualized return.
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%
FSMEX
- 1D
- 2.09%
- 1M
- -8.17%
- YTD
- -15.85%
- 6M
- -10.43%
- 1Y
- -6.29%
- 3Y*
- 1.05%
- 5Y*
- -0.41%
- 10Y*
- 10.69%
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. FSMEX - Expense Ratio Comparison
FBTIX has a 0.73% expense ratio, which is higher than FSMEX's 0.68% expense ratio.
Return for Risk
FBTIX vs. FSMEX — Risk / Return Rank
FBTIX
FSMEX
FBTIX vs. FSMEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX). 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 | FSMEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.95 | -0.33 | +2.28 |
Sortino ratioReturn per unit of downside risk | 2.55 | -0.34 | +2.89 |
Omega ratioGain probability vs. loss probability | 1.33 | 0.96 | +0.37 |
Calmar ratioReturn relative to maximum drawdown | 3.18 | -0.31 | +3.50 |
Martin ratioReturn relative to average drawdown | 12.79 | -0.99 | +13.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FBTIX | FSMEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | -0.33 | +2.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | -0.02 | +0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.52 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.65 | -0.33 |
Correlation
The correlation between FBTIX and FSMEX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FBTIX vs. FSMEX - Dividend Comparison
FBTIX's dividend yield for the trailing twelve months is around 1.36%, less than FSMEX's 12.52% 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% |
FSMEX Fidelity Select Medical Technology and Devices Portfolio | 12.52% | 10.53% | 17.04% | 0.00% | 1.80% | 8.12% | 6.65% | 1.77% | 7.47% | 6.26% | 5.84% | 16.35% |
Drawdowns
FBTIX vs. FSMEX - Drawdown Comparison
The maximum FBTIX drawdown since its inception was -63.45%, which is greater than FSMEX's maximum drawdown of -40.34%. Use the drawdown chart below to compare losses from any high point for FBTIX and FSMEX.
Loading graphics...
Drawdown Indicators
| FBTIX | FSMEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -40.34% | -23.11% |
Max Drawdown (1Y)Largest decline over 1 year | -13.62% | -21.04% | +7.42% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -40.34% | +3.93% |
Max Drawdown (10Y)Largest decline over 10 years | -38.64% | -40.34% | +1.70% |
Current DrawdownCurrent decline from peak | -2.52% | -21.20% | +18.68% |
Average DrawdownAverage peak-to-trough decline | -20.73% | -7.66% | -13.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 6.62% | -2.93% |
Volatility
FBTIX vs. FSMEX - Volatility Comparison
Fidelity Advisor Biotechnology Fund I Class (FBTIX) has a higher volatility of 9.35% compared to Fidelity Select Medical Technology and Devices Portfolio (FSMEX) at 6.36%. This indicates that FBTIX's price experiences larger fluctuations and is considered to be riskier than FSMEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FBTIX | FSMEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.35% | 6.36% | +2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 17.00% | 12.51% | +4.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.99% | 21.09% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.31% | 20.76% | +2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.57% | 20.60% | +3.97% |