FELAX vs. FIKGX
FELAX (Fidelity Advisor Semiconductors Fund Class A) and FIKGX (Fidelity Advisor Semiconductors Fund Class Z) are both mutual funds - FELAX is a Semiconductors fund actively managed by Fidelity, while FIKGX is a Technology Equities fund managed by Fidelity. Over the past 5 years, FELAX returned 35.22%/yr vs 34.11%/yr for FIKGX. Their 1.00 correlation means they have historically moved very closely together. FELAX charges 0.94%/yr vs 0.62%/yr for FIKGX.
Performance
FELAX vs. FIKGX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FELAX having a 47.97% return and FIKGX slightly higher at 48.27%.
FELAX
- 1D
- 7.41%
- 1M
- -8.94%
- 6M
- 32.48%
- YTD
- 47.97%
- 1Y
- 85.05%
- 3Y*
- 46.27%
- 5Y*
- 35.22%
- 10Y*
- 33.19%
- ALL TIME*
- 14.60%
FIKGX
- 1D
- 7.40%
- 1M
- -8.92%
- 6M
- 32.71%
- YTD
- 48.27%
- 1Y
- 85.72%
- 3Y*
- 43.91%
- 5Y*
- 34.11%
- 10Y*
- —
- ALL TIME*
- 36.37%
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 |
FELAX vs. FIKGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FELAX Fidelity Advisor Semiconductors Fund Class A | 47.97% | 44.88% | 43.74% | 75.08% | -35.07% | 57.50% | 43.57% | 63.76% | -11.36% |
FIKGX Fidelity Advisor Semiconductors Fund Class Z | 48.27% | 45.43% | 35.88% | 75.75% | -34.81% | 58.07% | 44.21% | 64.45% | -11.11% |
Correlation
The correlation between FELAX and FIKGX 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 FELAX and FIKGX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
FELAX vs. FIKGX — Risk / Return Rank
FELAX
FIKGX
FELAX vs. FIKGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). 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.
| FELAX | FIKGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 3.01 | -0.03 |
| Martin ratioReturn relative to average drawdown | 12.61 | 12.73 | -0.12 |
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Drawdowns
FELAX vs. FIKGX - Drawdown Comparison
The maximum FELAX drawdown since its inception was -71.33%, which is greater than FIKGX's maximum drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for FELAX and FIKGX.
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Drawdown Indicators
| FELAX | FIKGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.33% | -45.98% | -25.35% |
Max Drawdown (1Y)Largest decline over 1 year | -26.90% | -26.88% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -36.43% | -39.67% | +3.24% |
Max Drawdown (5Y)Largest decline over 5 years | -46.15% | -45.98% | -0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -46.15% | — | — |
Current DrawdownCurrent decline from peak | -21.49% | -21.46% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -21.81% | -9.83% | -11.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.36% | 6.35% | +0.01% |
Volatility
FELAX vs. FIKGX - Volatility Comparison
Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX) have volatilities of 16.84% and 16.84%, 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
| FELAX | FIKGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.84% | 16.84% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 34.46% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.70% | 40.70% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.85% | 39.93% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.48% | 39.08% | -3.60% |
FELAX vs. FIKGX - Expense Ratio Comparison
FELAX has a 0.94% expense ratio, which is higher than FIKGX's 0.62% expense ratio.
Dividends
FELAX vs. FIKGX - Dividend Comparison
FELAX's dividend yield for the trailing twelve months is around 4.71%, more than FIKGX's 4.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELAX Fidelity Advisor Semiconductors Fund Class A | 4.71% | 6.96% | 7.02% | 3.40% | 3.32% | 4.34% | 4.51% | 1.00% | 20.15% | 9.67% | 0.36% | 10.71% |
FIKGX Fidelity Advisor Semiconductors Fund Class Z | 4.50% | 6.67% | 0.00% | 3.14% | 3.08% | 4.19% | 4.54% | 1.08% | 19.72% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, FELAX and FIKGX 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.
FIKGX has higher volatility (16.84%) compared to FELAX (16.84%). In terms of maximum drawdown, FELAX dropped -71.33% vs FIKGX's -45.98%.
FIKGX currently has the higher Sharpe Ratio (1.99 vs 1.97), 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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