FBTTX vs. FIJYX
FBTTX (Fidelity Advisor Biotechnology Fund Class M) and FIJYX (Fidelity Advisor Biotechnology Fund Class Z) are both Health & Biotech Equities funds from Fidelity. Over the past 5 years, FBTTX returned 12.95%/yr vs 12.41%/yr for FIJYX. Their 1.00 correlation means they have historically moved very closely together. FBTTX charges 1.28%/yr vs 0.61%/yr for FIJYX.
Performance
FBTTX vs. FIJYX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FBTTX having a 23.36% return and FIJYX slightly higher at 23.82%.
FBTTX
- 1D
- 0.67%
- 1M
- 0.10%
- 6M
- 21.71%
- YTD
- 23.36%
- 1Y
- 64.62%
- 3Y*
- 25.35%
- 5Y*
- 12.95%
- 10Y*
- 12.44%
- ALL TIME*
- 8.58%
FIJYX
- 1D
- 0.67%
- 1M
- 0.16%
- 6M
- 22.08%
- YTD
- 23.82%
- 1Y
- 65.60%
- 3Y*
- 23.83%
- 5Y*
- 12.41%
- 10Y*
- —
- ALL TIME*
- 12.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FBTTX vs. FIJYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FBTTX Fidelity Advisor Biotechnology Fund Class M | 23.36% | 39.21% | 5.08% | 10.43% | -8.22% | -3.35% | 31.82% | 25.39% | -11.61% |
FIJYX Fidelity Advisor Biotechnology Fund Class Z | 23.82% | 40.09% | 0.03% | 11.19% | -7.60% | -2.76% | 32.72% | 26.25% | -11.45% |
Correlation
The correlation between FBTTX and FIJYX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 1.00 |
The correlation between FBTTX and FIJYX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
FBTTX vs. FIJYX — Risk / Return Rank
FBTTX
FIJYX
FBTTX vs. FIJYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund Class M (FBTTX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FBTTX | FIJYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.46 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 7.63 | 7.80 | -0.17 |
| Martin ratioReturn relative to average drawdown | 20.24 | 20.83 | -0.58 |
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Drawdowns
FBTTX vs. FIJYX - Drawdown Comparison
The maximum FBTTX drawdown since its inception was -63.75%, which is greater than FIJYX's maximum drawdown of -38.53%. Use the drawdown chart below to compare losses from any high point for FBTTX and FIJYX.
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Drawdown Indicators
| FBTTX | FIJYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.75% | -38.53% | -25.22% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -8.88% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -32.91% | -36.39% | +3.48% |
Max Drawdown (5Y)Largest decline over 5 years | -36.64% | -36.39% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -39.04% | — | — |
Current DrawdownCurrent decline from peak | -3.03% | -2.99% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -21.71% | -11.39% | -10.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 3.31% | +0.05% |
Volatility
FBTTX vs. FIJYX - Volatility Comparison
Fidelity Advisor Biotechnology Fund Class M (FBTTX) and Fidelity Advisor Biotechnology Fund Class Z (FIJYX) have volatilities of 6.88% and 6.87%, 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.
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Volatility by Period
| FBTTX | FIJYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 6.87% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.88% | 17.87% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.46% | 23.45% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.81% | 23.93% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.40% | 25.06% | -0.66% |
FBTTX vs. FIJYX - Expense Ratio Comparison
FBTTX has a 1.28% expense ratio, which is higher than FIJYX's 0.61% expense ratio.
Dividends
FBTTX vs. FIJYX - Dividend Comparison
FBTTX's dividend yield for the trailing twelve months is around 1.24%, more than FIJYX's 1.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBTTX Fidelity Advisor Biotechnology Fund Class M | 1.24% | 1.53% | 6.41% | 0.93% | 0.00% | 21.60% | 8.79% | 7.10% | 2.64% | 0.00% | 0.00% | 5.42% |
FIJYX Fidelity Advisor Biotechnology Fund Class Z | 1.16% | 1.44% | 0.00% | 1.55% | 0.00% | 18.90% | 8.13% | 6.49% | 2.35% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, FBTTX and FIJYX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FBTTX has higher volatility (6.88%) compared to FIJYX (6.87%). In terms of maximum drawdown, FBTTX dropped -63.75% vs FIJYX's -38.53%.
FIJYX currently has the higher Sharpe Ratio (2.95 vs 2.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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