FELCX vs. FTEC
Compare and contrast key facts about Fidelity Advisor Semiconductors Fund Class C (FELCX) and Fidelity MSCI Information Technology Index ETF (FTEC).
FELCX is managed by Fidelity. It was launched on Dec 27, 2000. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FELCX or FTEC.
Key characteristics
| FELCX | FTEC | |
|---|---|---|
| YTD Return | 47.51% | 29.90% |
| 1Y Return | 65.61% | 44.73% |
| 3Y Return (Ann) | 14.90% | 12.71% |
| 5Y Return (Ann) | 26.47% | 23.31% |
| 10Y Return (Ann) | 20.14% | 20.88% |
| Sharpe Ratio | 1.82 | 2.07 |
| Sortino Ratio | 2.35 | 2.66 |
| Omega Ratio | 1.31 | 1.36 |
| Calmar Ratio | 2.68 | 2.89 |
| Martin Ratio | 7.58 | 10.39 |
| Ulcer Index | 8.57% | 4.23% |
| Daily Std Dev | 35.59% | 21.21% |
| Max Drawdown | -72.55% | -34.95% |
| Current Drawdown | -5.09% | -0.11% |
Correlation
The correlation between FELCX and FTEC is 0.85, 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
FELCX vs. FTEC - Performance Comparison
In the year-to-date period, FELCX achieves a 47.51% return, which is significantly higher than FTEC's 29.90% return. Both investments have delivered pretty close results over the past 10 years, with FELCX having a 20.14% annualized return and FTEC not far ahead at 20.88%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FELCX vs. FTEC - Expense Ratio Comparison
FELCX has a 1.76% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
FELCX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class C (FELCX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
Dividends
FELCX vs. FTEC - Dividend Comparison
FELCX has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELCX Fidelity Advisor Semiconductors Fund Class C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 11.27% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.61% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
FELCX vs. FTEC - Drawdown Comparison
The maximum FELCX drawdown since its inception was -72.55%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FELCX and FTEC. For additional features, visit the drawdowns tool.
Volatility
FELCX vs. FTEC - Volatility Comparison
Fidelity Advisor Semiconductors Fund Class C (FELCX) has a higher volatility of 9.40% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 6.35%. This indicates that FELCX's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.