FCLAX vs. FIDRX

Last updated Aug 1, 2026

FCLAX (Fidelity Advisor Industrials Fund Class A) and FIDRX (Fidelity Select Industrials Portfolio) are both Industrials Equities funds from Fidelity. Their 0.99 correlation means they have historically moved very closely together. FCLAX charges 1.02%/yr vs 0.68%/yr for FIDRX.

Performance

FCLAX vs. FIDRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Industrials Fund Class A (FCLAX) and Fidelity Select Industrials Portfolio (FIDRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FCLAX

• 1D: 1.60%
• 1M: -2.88%
• 6M: 11.14%
• YTD: 17.72%
• 1Y: 22.49%
• 3Y*: 26.02%
• 5Y*: 16.90%
• 10Y*: 13.90%
• ALL TIME*: 11.66%

FIDRX

• 1D: 1.61%
• 1M: -2.84%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FCLAX Fidelity Advisor Industrials Fund Class A	$0.00	$0.00	$0.00
FIDRX Fidelity Select Industrials Portfolio	$0.00	$0.00	$0.00

FCLAX vs. FIDRX - Yearly Performance Comparison

	2026 (YTD)
FCLAX Fidelity Advisor Industrials Fund Class A	11.62%
FIDRX Fidelity Select Industrials Portfolio	10.54%

Correlation

The correlation between FCLAX and FIDRX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.99

Return for Risk

FCLAX vs. FIDRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FCLAX

FCLAX Risk / Return Rank: 32
FCLAX Sharpe Ratio Rank: 29
FCLAX Sortino Ratio Rank: 30
FCLAX Omega Ratio Rank: 27
FCLAX Calmar Ratio Rank: 35
FCLAX Martin Ratio Rank: 41

FIDRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FCLAX vs. FIDRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Industrials Fund Class A (FCLAX) and Fidelity Select Industrials Portfolio (FIDRX). 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.

	FCLAX	FIDRX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.52	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.53	—	—
Martin ratio: Return relative to average drawdown	6.16	—	—

Drawdowns

FCLAX vs. FIDRX - Drawdown Comparison

The maximum FCLAX drawdown since its inception was -60.95%, which is greater than FIDRX's maximum drawdown of -6.17%. Use the drawdown chart below to compare losses from any high point for FCLAX and FIDRX.

Drawdown Indicators

	FCLAX	FIDRX	Difference
Max Drawdown Largest peak-to-trough decline	-60.95%	-6.17%	-54.78%
Max Drawdown (1Y) Largest decline over 1 year	-13.11%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.31%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.49%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.71%	—	—
Current Drawdown Current decline from peak	-4.47%	-4.44%	-0.03%
Average Drawdown Average peak-to-trough decline	-7.77%	-1.99%	-5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.28%	—	—

Volatility

Volatility by Period

	FCLAX	FIDRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.89%	23.80%	-3.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.09%	23.80%	-2.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.59%	23.80%	-2.21%

FCLAX vs. FIDRX - Expense Ratio Comparison

FCLAX has a 1.02% expense ratio, which is higher than FIDRX's 0.68% expense ratio.

Dividends

FCLAX vs. FIDRX - Dividend Comparison

FCLAX's dividend yield for the trailing twelve months is around 1.47%, while FIDRX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCLAX Fidelity Advisor Industrials Fund Class A	1.47%	1.73%	8.10%	8.69%	3.46%	21.93%	0.59%	7.50%	12.29%	2.79%	5.69%	9.17%
FIDRX Fidelity Select Industrials Portfolio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FCLAX and FIDRX in my portfolio?

With a correlation of 0.99, FCLAX and FIDRX 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.