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FELAX vs. FSEAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FELAX vs. FSEAX - Performance Comparison

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

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FELAX vs. FSEAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.28%44.88%43.74%75.08%-35.07%57.50%43.57%63.76%-12.76%34.12%
FSEAX
Fidelity Emerging Asia Fund
0.63%36.43%21.80%13.58%-31.26%-14.91%73.43%30.97%-15.08%45.13%

Returns By Period

In the year-to-date period, FELAX achieves a 0.28% return, which is significantly lower than FSEAX's 0.63% return. Over the past 10 years, FELAX has outperformed FSEAX with an annualized return of 29.63%, while FSEAX has yielded a comparatively lower 12.43% annualized return.


FELAX

1D
-4.25%
1M
-10.01%
YTD
0.28%
6M
8.18%
1Y
77.14%
3Y*
38.05%
5Y*
27.80%
10Y*
29.63%

FSEAX

1D
-1.14%
1M
-12.47%
YTD
0.63%
6M
2.04%
1Y
33.51%
3Y*
20.81%
5Y*
2.18%
10Y*
12.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FELAX vs. FSEAX - Expense Ratio Comparison

FELAX has a 1.01% expense ratio, which is lower than FSEAX's 1.02% expense ratio.


Return for Risk

FELAX vs. FSEAX — Risk / Return Rank

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

FELAX
FELAX Risk / Return Rank: 9292
Overall Rank
FELAX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
FELAX Sortino Ratio Rank: 9090
Sortino Ratio Rank
FELAX Omega Ratio Rank: 8686
Omega Ratio Rank
FELAX Calmar Ratio Rank: 9797
Calmar Ratio Rank
FELAX Martin Ratio Rank: 9797
Martin Ratio Rank

FSEAX
FSEAX Risk / Return Rank: 8383
Overall Rank
FSEAX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
FSEAX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FSEAX Omega Ratio Rank: 8181
Omega Ratio Rank
FSEAX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FSEAX Martin Ratio Rank: 8181
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.

FELAX vs. FSEAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Emerging Asia Fund (FSEAX). 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.


FELAXFSEAXDifference

Sharpe ratio

Return per unit of total volatility

1.93

1.62

+0.31

Sortino ratio

Return per unit of downside risk

2.54

2.15

+0.39

Omega ratio

Gain probability vs. loss probability

1.36

1.31

+0.04

Calmar ratio

Return relative to maximum drawdown

4.16

2.23

+1.93

Martin ratio

Return relative to average drawdown

15.82

8.05

+7.77

FELAX vs. FSEAX - Sharpe Ratio Comparison

The current FELAX Sharpe Ratio is 1.93, which is comparable to the FSEAX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FELAX and FSEAX, 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


FELAXFSEAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.93

1.62

+0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.10

+0.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.87

0.60

+0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.39

+0.01

Correlation

The correlation between FELAX and FSEAX 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

FELAX vs. FSEAX - Dividend Comparison

FELAX's dividend yield for the trailing twelve months is around 6.94%, more than FSEAX's 0.21% yield.


TTM20252024202320222021202020192018201720162015
FELAX
Fidelity Advisor Semiconductors Fund Class A
6.94%6.96%7.02%3.40%3.32%4.34%4.51%1.00%20.15%9.67%0.36%10.71%
FSEAX
Fidelity Emerging Asia Fund
0.21%0.22%0.00%0.08%0.00%14.14%14.10%6.15%3.44%0.05%1.26%0.44%

Drawdowns

FELAX vs. FSEAX - Drawdown Comparison

The maximum FELAX drawdown since its inception was -71.33%, which is greater than FSEAX's maximum drawdown of -65.59%. Use the drawdown chart below to compare losses from any high point for FELAX and FSEAX.


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Drawdown Indicators


FELAXFSEAXDifference

Max Drawdown

Largest peak-to-trough decline

-71.33%

-65.59%

-5.74%

Max Drawdown (1Y)

Largest decline over 1 year

-17.10%

-13.42%

-3.68%

Max Drawdown (5Y)

Largest decline over 5 years

-46.15%

-53.64%

+7.49%

Max Drawdown (10Y)

Largest decline over 10 years

-46.15%

-58.07%

+11.92%

Current Drawdown

Current decline from peak

-14.66%

-13.42%

-1.24%

Average Drawdown

Average peak-to-trough decline

-22.02%

-24.80%

+2.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.49%

3.71%

+0.78%

Volatility

FELAX vs. FSEAX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class A (FELAX) has a higher volatility of 10.50% compared to Fidelity Emerging Asia Fund (FSEAX) at 9.42%. This indicates that FELAX's price experiences larger fluctuations and is considered to be riskier than FSEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FELAXFSEAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.50%

9.42%

+1.08%

Volatility (6M)

Calculated over the trailing 6-month period

24.76%

14.42%

+10.34%

Volatility (1Y)

Calculated over the trailing 1-year period

39.68%

20.22%

+19.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.96%

22.52%

+15.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.34%

20.75%

+13.59%