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FELAX vs. FACDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FELAX vs. FACDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Advisor Health Care Fund Class A (FACDX). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%JuneJulyAugustSeptemberOctoberNovember
754.70%
552.92%
FELAX
FACDX

Returns By Period

In the year-to-date period, FELAX achieves a 36.21% return, which is significantly higher than FACDX's 6.58% return. Over the past 10 years, FELAX has outperformed FACDX with an annualized return of 20.60%, while FACDX has yielded a comparatively lower 5.79% annualized return.


FELAX

YTD

36.21%

1M

-4.00%

6M

4.00%

1Y

44.21%

5Y (annualized)

25.95%

10Y (annualized)

20.60%

FACDX

YTD

6.58%

1M

-5.98%

6M

3.21%

1Y

17.99%

5Y (annualized)

4.61%

10Y (annualized)

5.79%

Key characteristics


FELAXFACDX
Sharpe Ratio1.231.31
Sortino Ratio1.751.87
Omega Ratio1.221.23
Calmar Ratio1.810.69
Martin Ratio5.115.97
Ulcer Index8.58%2.98%
Daily Std Dev35.55%13.56%
Max Drawdown-71.33%-44.81%
Current Drawdown-12.71%-12.58%

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FELAX vs. FACDX - Expense Ratio Comparison

FELAX has a 1.01% expense ratio, which is higher than FACDX's 0.97% expense ratio.


FELAX
Fidelity Advisor Semiconductors Fund Class A
Expense ratio chart for FELAX: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FACDX: current value at 0.97% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.97%

Correlation

-0.50.00.51.00.6

The correlation between FELAX and FACDX is 0.58, 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.

Risk-Adjusted Performance

FELAX vs. FACDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Advisor Health Care Fund Class A (FACDX). 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.


Sharpe ratio
The chart of Sharpe ratio for FELAX, currently valued at 1.23, compared to the broader market0.002.004.001.231.31
The chart of Sortino ratio for FELAX, currently valued at 1.75, compared to the broader market0.005.0010.001.751.87
The chart of Omega ratio for FELAX, currently valued at 1.22, compared to the broader market1.002.003.004.001.221.23
The chart of Calmar ratio for FELAX, currently valued at 1.81, compared to the broader market0.005.0010.0015.0020.0025.001.810.69
The chart of Martin ratio for FELAX, currently valued at 5.11, compared to the broader market0.0020.0040.0060.0080.00100.005.115.97
FELAX
FACDX

The current FELAX Sharpe Ratio is 1.23, which is comparable to the FACDX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of FELAX and FACDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.23
1.31
FELAX
FACDX

Dividends

FELAX vs. FACDX - Dividend Comparison

Neither FELAX nor FACDX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.00%0.00%0.00%0.00%0.11%0.26%0.61%0.49%0.24%10.72%0.04%0.00%
FACDX
Fidelity Advisor Health Care Fund Class A
0.00%0.00%0.00%0.00%0.25%0.00%0.00%0.00%0.00%6.66%7.90%10.79%

Drawdowns

FELAX vs. FACDX - Drawdown Comparison

The maximum FELAX drawdown since its inception was -71.33%, which is greater than FACDX's maximum drawdown of -44.81%. Use the drawdown chart below to compare losses from any high point for FELAX and FACDX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.71%
-12.58%
FELAX
FACDX

Volatility

FELAX vs. FACDX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class A (FELAX) has a higher volatility of 9.14% compared to Fidelity Advisor Health Care Fund Class A (FACDX) at 4.87%. This indicates that FELAX's price experiences larger fluctuations and is considered to be riskier than FACDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
9.14%
4.87%
FELAX
FACDX