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FBTTX vs. THW
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FBTTX vs. THW - Performance Comparison

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

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FBTTX vs. THW - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FBTTX
Fidelity Advisor Biotechnology Fund Class M
2.33%39.21%5.08%10.43%-8.22%-3.35%31.82%25.39%-4.19%25.37%
THW
abrdn World Healthcare Fund
-4.57%31.10%5.35%-11.52%-1.21%12.03%26.40%32.98%-5.40%16.95%

Returns By Period

In the year-to-date period, FBTTX achieves a 2.33% return, which is significantly higher than THW's -4.57% return. Over the past 10 years, FBTTX has outperformed THW with an annualized return of 11.56%, while THW has yielded a comparatively lower 8.94% annualized return.


FBTTX

1D
0.14%
1M
1.16%
YTD
2.33%
6M
16.05%
1Y
51.97%
3Y*
20.19%
5Y*
8.67%
10Y*
11.56%

THW

1D
0.00%
1M
-3.10%
YTD
-4.57%
6M
-1.52%
1Y
18.70%
3Y*
6.47%
5Y*
5.96%
10Y*
8.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FBTTX vs. THW - Expense Ratio Comparison

FBTTX has a 1.28% expense ratio, which is lower than THW's 1.54% expense ratio.


Return for Risk

FBTTX vs. THW — Risk / Return Rank

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

FBTTX
FBTTX Risk / Return Rank: 9191
Overall Rank
FBTTX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FBTTX Sortino Ratio Rank: 9191
Sortino Ratio Rank
FBTTX Omega Ratio Rank: 8383
Omega Ratio Rank
FBTTX Calmar Ratio Rank: 9595
Calmar Ratio Rank
FBTTX Martin Ratio Rank: 9595
Martin Ratio Rank

THW
THW Risk / Return Rank: 3434
Overall Rank
THW Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
THW Sortino Ratio Rank: 3030
Sortino Ratio Rank
THW Omega Ratio Rank: 2525
Omega Ratio Rank
THW Calmar Ratio Rank: 5252
Calmar Ratio Rank
THW Martin Ratio Rank: 3131
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. THW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund Class M (FBTTX) and abrdn World Healthcare Fund (THW). 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.


FBTTXTHWDifference

Sharpe ratio

Return per unit of total volatility

2.17

0.86

+1.31

Sortino ratio

Return per unit of downside risk

2.79

1.27

+1.52

Omega ratio

Gain probability vs. loss probability

1.36

1.17

+0.19

Calmar ratio

Return relative to maximum drawdown

3.67

1.62

+2.05

Martin ratio

Return relative to average drawdown

14.06

4.32

+9.75

FBTTX vs. THW - Sharpe Ratio Comparison

The current FBTTX Sharpe Ratio is 2.17, which is higher than the THW Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of FBTTX and THW, 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


FBTTXTHWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.17

0.86

+1.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

0.32

+0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.42

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.25

+0.05

Correlation

The correlation between FBTTX and THW is 0.53, 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

FBTTX vs. THW - Dividend Comparison

FBTTX's dividend yield for the trailing twelve months is around 1.50%, less than THW's 11.81% 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%
THW
abrdn World Healthcare Fund
11.81%10.96%12.72%12.00%9.56%8.60%8.85%10.11%12.08%10.29%10.91%3.69%

Drawdowns

FBTTX vs. THW - Drawdown Comparison

The maximum FBTTX drawdown since its inception was -63.75%, which is greater than THW's maximum drawdown of -37.36%. Use the drawdown chart below to compare losses from any high point for FBTTX and THW.


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Drawdown Indicators


FBTTXTHWDifference

Max Drawdown

Largest peak-to-trough decline

-63.75%

-37.36%

-26.39%

Max Drawdown (1Y)

Largest decline over 1 year

-11.48%

-11.28%

-0.20%

Max Drawdown (5Y)

Largest decline over 5 years

-36.64%

-31.53%

-5.11%

Max Drawdown (10Y)

Largest decline over 10 years

-39.04%

-37.36%

-1.68%

Current Drawdown

Current decline from peak

-2.47%

-6.55%

+4.08%

Average Drawdown

Average peak-to-trough decline

-21.95%

-9.84%

-12.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.54%

4.23%

-0.69%

Volatility

FBTTX vs. THW - Volatility Comparison

Fidelity Advisor Biotechnology Fund Class M (FBTTX) has a higher volatility of 9.19% compared to abrdn World Healthcare Fund (THW) at 7.48%. This indicates that FBTTX's price experiences larger fluctuations and is considered to be riskier than THW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FBTTXTHWDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.19%

7.48%

+1.71%

Volatility (6M)

Calculated over the trailing 6-month period

16.97%

14.08%

+2.89%

Volatility (1Y)

Calculated over the trailing 1-year period

25.89%

21.91%

+3.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.31%

18.50%

+4.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.58%

21.17%

+3.41%