FBTIX vs. SHSSX
Compare and contrast key facts about Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Health Sciences Opportunities Fund Class Institutional (SHSSX).
FBTIX is managed by Fidelity. It was launched on Dec 27, 2000. SHSSX is a passively managed fund by BlackRock that tracks the performance of the Russell 3000 HealthCare Index. It was launched on Oct 16, 2000.
Performance
FBTIX vs. SHSSX - Performance Comparison
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FBTIX vs. SHSSX - 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% |
SHSSX Health Sciences Opportunities Fund Class Institutional | -4.56% | 16.13% | 4.00% | 3.86% | -5.72% | 12.17% | 19.54% | 25.63% | 8.24% | 25.02% |
Returns By Period
In the year-to-date period, FBTIX achieves a 2.30% return, which is significantly higher than SHSSX's -4.56% return. Over the past 10 years, FBTIX has outperformed SHSSX with an annualized return of 12.15%, while SHSSX has yielded a comparatively lower 10.24% 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%
SHSSX
- 1D
- 2.49%
- 1M
- -6.00%
- YTD
- -4.56%
- 6M
- 4.46%
- 1Y
- 8.75%
- 3Y*
- 7.04%
- 5Y*
- 4.75%
- 10Y*
- 10.24%
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FBTIX vs. SHSSX - Expense Ratio Comparison
FBTIX has a 0.73% expense ratio, which is lower than SHSSX's 0.84% expense ratio.
Return for Risk
FBTIX vs. SHSSX — Risk / Return Rank
FBTIX
SHSSX
FBTIX vs. SHSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund I Class (FBTIX) and Health Sciences Opportunities Fund Class Institutional (SHSSX). 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 | SHSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.95 | 0.42 | +1.53 |
Sortino ratioReturn per unit of downside risk | 2.55 | 0.70 | +1.85 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.09 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 3.18 | 0.75 | +2.44 |
Martin ratioReturn relative to average drawdown | 12.79 | 1.75 | +11.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBTIX | SHSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 0.42 | +1.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.34 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.62 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.69 | -0.37 |
Correlation
The correlation between FBTIX and SHSSX is 0.81, 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. SHSSX - Dividend Comparison
FBTIX's dividend yield for the trailing twelve months is around 1.36%, less than SHSSX's 10.38% 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% |
SHSSX Health Sciences Opportunities Fund Class Institutional | 10.38% | 9.90% | 8.68% | 3.82% | 7.20% | 8.96% | 4.18% | 3.87% | 8.44% | 3.59% | 2.33% | 12.29% |
Drawdowns
FBTIX vs. SHSSX - Drawdown Comparison
The maximum FBTIX drawdown since its inception was -63.45%, which is greater than SHSSX's maximum drawdown of -35.40%. Use the drawdown chart below to compare losses from any high point for FBTIX and SHSSX.
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Drawdown Indicators
| FBTIX | SHSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -35.40% | -28.05% |
Max Drawdown (1Y)Largest decline over 1 year | -13.62% | -9.83% | -3.79% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -17.90% | -18.51% |
Max Drawdown (10Y)Largest decline over 10 years | -38.64% | -28.34% | -10.30% |
Current DrawdownCurrent decline from peak | -2.52% | -7.31% | +4.79% |
Average DrawdownAverage peak-to-trough decline | -20.73% | -5.98% | -14.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 4.20% | -0.51% |
Volatility
FBTIX vs. SHSSX - Volatility Comparison
Fidelity Advisor Biotechnology Fund I Class (FBTIX) has a higher volatility of 9.35% compared to Health Sciences Opportunities Fund Class Institutional (SHSSX) at 5.42%. This indicates that FBTIX's price experiences larger fluctuations and is considered to be riskier than SHSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBTIX | SHSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.35% | 5.42% | +3.93% |
Volatility (6M)Calculated over the trailing 6-month period | 17.00% | 10.02% | +6.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.99% | 16.47% | +9.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.31% | 14.23% | +9.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.57% | 16.54% | +8.03% |