FELCX vs. SLMCX

Last updated Jun 26, 2026

FELCX (Fidelity Advisor Semiconductors Fund Class C) and SLMCX (Columbia Seligman Technology and Information Fund) are both Technology Equities funds. Over the past 10 years, FELCX returned 35.96%/yr vs 28.28%/yr for SLMCX. Their correlation of 0.90 suggests significant overlap in exposure. FELCX charges 1.76%/yr vs 1.17%/yr for SLMCX.

Performance

FELCX vs. SLMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Semiconductors Fund Class C (FELCX) and Columbia Seligman Technology and Information Fund (SLMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FELCX achieves a 73.80% return, which is significantly higher than SLMCX's 54.09% return. Over the past 10 years, FELCX has outperformed SLMCX with an annualized return of 35.96%, while SLMCX has yielded a comparatively lower 28.28% annualized return.

FELCX

• 1D: -0.48%
• 1M: 1.30%
• YTD: 73.80%
• 6M: 70.59%
• 1Y: 129.28%
• 3Y*: 58.47%
• 5Y*: 39.42%
• 10Y*: 35.96%

SLMCX

• 1D: 0.27%
• 1M: 2.95%
• YTD: 54.09%
• 6M: 51.22%
• 1Y: 107.93%
• 3Y*: 45.59%
• 5Y*: 25.03%
• 10Y*: 28.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FELCX vs. SLMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FELCX Fidelity Advisor Semiconductors Fund Class C	73.80%	43.80%	42.66%	73.83%	-35.56%	56.29%	42.50%	62.54%	-13.48%	33.04%
SLMCX Columbia Seligman Technology and Information Fund	54.09%	37.32%	26.67%	44.27%	-31.14%	38.97%	44.45%	54.15%	-8.12%	34.08%

Correlation

The correlation between FELCX and SLMCX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 27, 2000	0.90

The correlation between FELCX and SLMCX has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.

Return for Risk

FELCX vs. SLMCX — Risk / Return Rank

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

FELCX

FELCX Risk / Return Rank: 94
FELCX Sharpe Ratio Rank: 99
FELCX Sortino Ratio Rank: 89
FELCX Omega Ratio Rank: 87
FELCX Calmar Ratio Rank: 98
FELCX Martin Ratio Rank: 98

SLMCX

SLMCX Risk / Return Rank: 96
SLMCX Sharpe Ratio Rank: 99
SLMCX Sortino Ratio Rank: 93
SLMCX Omega Ratio Rank: 90
SLMCX Calmar Ratio Rank: 98
SLMCX Martin Ratio Rank: 98

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.

FELCX vs. SLMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class C (FELCX) and Columbia Seligman Technology and Information Fund (SLMCX). 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.

	FELCX	SLMCX	Difference
Sharpe ratio: Return per unit of total volatility	3.66	3.91	-0.25
Sortino ratio: Return per unit of downside risk	3.79	4.21	-0.42
Omega ratio: Gain probability vs. loss probability	1.53	1.57	-0.04
Calmar ratio: Return relative to maximum drawdown	9.05	8.86	+0.19
Martin ratio: Return relative to average drawdown	32.48	32.12	+0.36

FELCX vs. SLMCX - Sharpe Ratio Comparison

The current FELCX Sharpe Ratio is 3.66, which is comparable to the SLMCX Sharpe Ratio of 3.91. The chart below compares the historical Sharpe Ratios of FELCX and SLMCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FELCX vs. SLMCX - Drawdown Comparison

The maximum FELCX drawdown since its inception was -72.55%, which is greater than SLMCX's maximum drawdown of -68.10%. Use the drawdown chart below to compare losses from any high point for FELCX and SLMCX.

Drawdown Indicators

	FELCX	SLMCX	Difference
Max Drawdown Largest peak-to-trough decline	-72.55%	-68.10%	-4.45%
Max Drawdown (1Y) Largest decline over 1 year	-14.71%	-12.33%	-2.38%
Max Drawdown (3Y) Largest decline over 3 years	-36.53%	-29.13%	-7.40%
Max Drawdown (5Y) Largest decline over 5 years	-46.47%	-37.32%	-9.15%
Max Drawdown (10Y) Largest decline over 10 years	-46.47%	-37.32%	-9.15%
Current Drawdown Current decline from peak	-7.45%	-3.22%	-4.23%
Average Drawdown Average peak-to-trough decline	-23.52%	-12.98%	-10.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	3.39%	+0.70%

Volatility

FELCX vs. SLMCX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class C (FELCX) has a higher volatility of 19.71% compared to Columbia Seligman Technology and Information Fund (SLMCX) at 11.94%. This indicates that FELCX's price experiences larger fluctuations and is considered to be riskier than SLMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FELCX	SLMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.71%	11.94%	+7.77%
Volatility (6M) Calculated over the trailing 6-month period	29.73%	21.81%	+7.92%
Volatility (1Y) Calculated over the trailing 1-year period	36.51%	28.00%	+8.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.09%	26.61%	+12.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.07%	26.28%	+8.79%

FELCX vs. SLMCX - Expense Ratio Comparison

FELCX has a 1.76% expense ratio, which is higher than SLMCX's 1.17% expense ratio.

Dividends

FELCX vs. SLMCX - Dividend Comparison

FELCX's dividend yield for the trailing twelve months is around 4.81%, less than SLMCX's 6.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FELCX Fidelity Advisor Semiconductors Fund Class C	4.81%	8.35%	8.97%	4.24%	4.07%	4.95%	5.13%	0.93%	22.41%	10.39%	0.14%	11.27%
SLMCX Columbia Seligman Technology and Information Fund	6.13%	9.45%	14.27%	5.16%	9.42%	11.75%	10.40%	11.44%	12.33%	11.15%	8.19%	10.79%

Frequently Asked Questions

Can I hold both FELCX and SLMCX in my portfolio?

FELCX and SLMCX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FELCX or SLMCX?

FELCX has higher volatility (19.71%) compared to SLMCX (11.94%). In terms of maximum drawdown, FELCX dropped -72.55% vs SLMCX's -68.10%.

Which has better risk-adjusted returns?

SLMCX currently has the higher Sharpe Ratio (3.91 vs 3.66), 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.