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

Correlation

The correlation between FELAX and FSPTX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

FELAX vs. FSPTX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FELAX:

-0.03

FSPTX:

0.18

Sortino Ratio

FELAX:

0.25

FSPTX:

0.46

Omega Ratio

FELAX:

1.03

FSPTX:

1.06

Calmar Ratio

FELAX:

-0.06

FSPTX:

0.18

Martin Ratio

FELAX:

-0.17

FSPTX:

0.56

Ulcer Index

FELAX:

14.05%

FSPTX:

9.71%

Daily Std Dev

FELAX:

46.30%

FSPTX:

32.49%

Max Drawdown

FELAX:

-71.33%

FSPTX:

-84.32%

Current Drawdown

FELAX:

-20.94%

FSPTX:

-16.55%

Returns By Period

In the year-to-date period, FELAX achieves a -13.75% return, which is significantly lower than FSPTX's -12.69% return. Over the past 10 years, FELAX has outperformed FSPTX with an annualized return of 23.16%, while FSPTX has yielded a comparatively lower 18.54% annualized return.


FELAX

YTD

-13.75%

1M

13.74%

6M

-16.50%

1Y

-2.34%

5Y*

27.97%

10Y*

23.16%

FSPTX

YTD

-12.69%

1M

8.67%

6M

-12.19%

1Y

5.63%

5Y*

17.22%

10Y*

18.54%

*Annualized

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FELAX vs. FSPTX - Expense Ratio Comparison

FELAX has a 1.01% expense ratio, which is higher than FSPTX's 0.67% expense ratio.


Risk-Adjusted Performance

FELAX vs. FSPTX — Risk-Adjusted Performance Rank

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

FELAX
The Risk-Adjusted Performance Rank of FELAX is 2323
Overall Rank
The Sharpe Ratio Rank of FELAX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of FELAX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of FELAX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of FELAX is 1717
Calmar Ratio Rank
The Martin Ratio Rank of FELAX is 1818
Martin Ratio Rank

FSPTX
The Risk-Adjusted Performance Rank of FSPTX is 3737
Overall Rank
The Sharpe Ratio Rank of FSPTX is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPTX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of FSPTX is 3737
Omega Ratio Rank
The Calmar Ratio Rank of FSPTX is 3838
Calmar Ratio Rank
The Martin Ratio Rank of FSPTX is 3434
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FELAX vs. FSPTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Select Technology Portfolio (FSPTX). 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.


The current FELAX Sharpe Ratio is -0.03, which is lower than the FSPTX Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of FELAX and FSPTX, 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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Dividends

FELAX vs. FSPTX - Dividend Comparison

FELAX has not paid dividends to shareholders, while FSPTX's dividend yield for the trailing twelve months is around 5.39%.


TTM20242023202220212020201920182017201620152014
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.00%0.00%0.00%0.00%0.00%0.11%0.26%0.61%0.49%0.24%10.72%0.04%
FSPTX
Fidelity Select Technology Portfolio
5.39%4.71%0.01%3.95%11.62%18.86%1.61%23.63%8.31%1.49%4.28%17.85%

Drawdowns

FELAX vs. FSPTX - Drawdown Comparison

The maximum FELAX drawdown since its inception was -71.33%, smaller than the maximum FSPTX drawdown of -84.32%. Use the drawdown chart below to compare losses from any high point for FELAX and FSPTX. For additional features, visit the drawdowns tool.


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Volatility

FELAX vs. FSPTX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class A (FELAX) has a higher volatility of 13.70% compared to Fidelity Select Technology Portfolio (FSPTX) at 10.13%. This indicates that FELAX's price experiences larger fluctuations and is considered to be riskier than FSPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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