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FBTTX vs. FPHAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FBTTX vs. FPHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Biotechnology Fund Class M (FBTTX) and Fidelity Select Pharmaceuticals Portfolio (FPHAX). The values are adjusted to include any dividend payments, if applicable.

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FBTTX vs. FPHAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FBTTX
Fidelity Advisor Biotechnology Fund Class M
2.18%39.21%5.08%10.43%-8.22%-3.35%31.82%25.39%-4.19%25.37%
FPHAX
Fidelity Select Pharmaceuticals Portfolio
0.39%30.41%9.39%12.54%0.94%11.79%11.16%31.73%5.41%10.70%

Returns By Period

In the year-to-date period, FBTTX achieves a 2.18% return, which is significantly higher than FPHAX's 0.39% return. Both investments have delivered pretty close results over the past 10 years, with FBTTX having a 11.54% annualized return and FPHAX not far behind at 11.27%.


FBTTX

1D
5.09%
1M
-0.77%
YTD
2.18%
6M
15.39%
1Y
55.03%
3Y*
20.14%
5Y*
8.63%
10Y*
11.54%

FPHAX

1D
3.02%
1M
-5.31%
YTD
0.39%
6M
13.18%
1Y
34.09%
3Y*
17.36%
5Y*
12.54%
10Y*
11.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FBTTX vs. FPHAX - Expense Ratio Comparison

FBTTX has a 1.28% expense ratio, which is higher than FPHAX's 0.75% expense ratio.


Return for Risk

FBTTX vs. FPHAX — Risk / Return Rank

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

FBTTX
FBTTX Risk / Return Rank: 8989
Overall Rank
FBTTX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FBTTX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FBTTX Omega Ratio Rank: 7979
Omega Ratio Rank
FBTTX Calmar Ratio Rank: 9393
Calmar Ratio Rank
FBTTX Martin Ratio Rank: 9393
Martin Ratio Rank

FPHAX
FPHAX Risk / Return Rank: 7373
Overall Rank
FPHAX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
FPHAX Sortino Ratio Rank: 7272
Sortino Ratio Rank
FPHAX Omega Ratio Rank: 5959
Omega Ratio Rank
FPHAX Calmar Ratio Rank: 8989
Calmar Ratio Rank
FPHAX Martin Ratio Rank: 7272
Martin Ratio Rank
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.

FBTTX vs. FPHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund Class M (FBTTX) and Fidelity Select Pharmaceuticals Portfolio (FPHAX). 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.


FBTTXFPHAXDifference

Sharpe ratio

Return per unit of total volatility

1.92

1.33

+0.60

Sortino ratio

Return per unit of downside risk

2.52

1.84

+0.68

Omega ratio

Gain probability vs. loss probability

1.32

1.24

+0.09

Calmar ratio

Return relative to maximum drawdown

3.13

2.50

+0.64

Martin ratio

Return relative to average drawdown

12.48

7.03

+5.45

FBTTX vs. FPHAX - Sharpe Ratio Comparison

The current FBTTX Sharpe Ratio is 1.92, which is higher than the FPHAX Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of FBTTX and FPHAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FBTTXFPHAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.92

1.33

+0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

0.71

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.64

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.53

-0.23

Correlation

The correlation between FBTTX and FPHAX is 0.75, 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

FBTTX vs. FPHAX - Dividend Comparison

FBTTX's dividend yield for the trailing twelve months is around 1.50%, less than FPHAX's 5.66% yield.


TTM20252024202320222021202020192018201720162015
FBTTX
Fidelity Advisor Biotechnology Fund Class M
1.50%1.53%6.41%0.93%0.00%21.60%8.79%7.10%2.64%0.00%0.00%5.42%
FPHAX
Fidelity Select Pharmaceuticals Portfolio
5.66%5.68%1.90%8.08%5.18%11.09%8.85%8.33%1.65%1.62%1.07%12.63%

Drawdowns

FBTTX vs. FPHAX - Drawdown Comparison

The maximum FBTTX drawdown since its inception was -63.75%, which is greater than FPHAX's maximum drawdown of -38.26%. Use the drawdown chart below to compare losses from any high point for FBTTX and FPHAX.


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Drawdown Indicators


FBTTXFPHAXDifference

Max Drawdown

Largest peak-to-trough decline

-63.75%

-38.26%

-25.49%

Max Drawdown (1Y)

Largest decline over 1 year

-13.58%

-11.00%

-2.58%

Max Drawdown (5Y)

Largest decline over 5 years

-36.64%

-28.82%

-7.82%

Max Drawdown (10Y)

Largest decline over 10 years

-39.04%

-28.82%

-10.22%

Current Drawdown

Current decline from peak

-2.61%

-7.10%

+4.49%

Average Drawdown

Average peak-to-trough decline

-21.95%

-9.21%

-12.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.72%

4.30%

-0.58%

Volatility

FBTTX vs. FPHAX - Volatility Comparison

Fidelity Advisor Biotechnology Fund Class M (FBTTX) has a higher volatility of 9.37% compared to Fidelity Select Pharmaceuticals Portfolio (FPHAX) at 6.89%. This indicates that FBTTX's price experiences larger fluctuations and is considered to be riskier than FPHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FBTTXFPHAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.37%

6.89%

+2.48%

Volatility (6M)

Calculated over the trailing 6-month period

17.02%

14.30%

+2.72%

Volatility (1Y)

Calculated over the trailing 1-year period

25.99%

23.52%

+2.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.31%

17.74%

+5.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.58%

17.81%

+6.77%