FBTIX vs. QQQ
Compare and contrast key facts about Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Invesco QQQ (QQQ).
FBTIX is managed by Fidelity. It was launched on Dec 27, 2000. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBTIX or QQQ.
Correlation
The correlation between FBTIX and QQQ is 0.65, 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.
Performance
FBTIX vs. QQQ - Performance Comparison
Key characteristics
FBTIX:
-0.20
QQQ:
1.40
FBTIX:
-0.14
QQQ:
1.90
FBTIX:
0.98
QQQ:
1.25
FBTIX:
-0.16
QQQ:
1.88
FBTIX:
-0.41
QQQ:
6.51
FBTIX:
9.77%
QQQ:
3.92%
FBTIX:
19.85%
QQQ:
18.23%
FBTIX:
-60.66%
QQQ:
-82.98%
FBTIX:
-20.20%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, FBTIX achieves a 1.84% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, FBTIX has underperformed QQQ with an annualized return of 1.55%, while QQQ has yielded a comparatively higher 18.32% annualized return.
FBTIX
1.84%
3.96%
-12.74%
-2.78%
0.88%
1.55%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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FBTIX vs. QQQ - Expense Ratio Comparison
FBTIX has a 0.73% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FBTIX vs. QQQ — Risk-Adjusted Performance Rank
FBTIX
QQQ
FBTIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Invesco QQQ (QQQ). 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.
Dividends
FBTIX vs. QQQ - Dividend Comparison
FBTIX's dividend yield for the trailing twelve months is around 2.83%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBTIX Fidelity Advisor Biotechnology Fund I Class | 2.83% | 2.88% | 1.36% | 0.00% | 0.99% | 0.20% | 0.01% | 0.00% | 0.00% | 0.00% | 5.23% | 2.36% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FBTIX vs. QQQ - Drawdown Comparison
The maximum FBTIX drawdown since its inception was -60.66%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FBTIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FBTIX vs. QQQ - Volatility Comparison
Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Invesco QQQ (QQQ) have volatilities of 4.91% and 4.70%, 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.