FELIX vs. SLMCX

Last updated Jun 4, 2026

FELIX (Fidelity Advisor Semiconductors Fund Class I) and SLMCX (Columbia Seligman Technology and Information Fund) are both Technology Equities funds. Over the past 10 years, FELIX returned 37.61%/yr vs 28.01%/yr for SLMCX. Their correlation of 0.90 suggests significant overlap in exposure. FELIX charges 0.75%/yr vs 1.17%/yr for SLMCX.

Performance

FELIX vs. SLMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Semiconductors Fund Class I (FELIX) 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, FELIX achieves a 84.99% return, which is significantly higher than SLMCX's 58.65% return. Over the past 10 years, FELIX has outperformed SLMCX with an annualized return of 37.61%, while SLMCX has yielded a comparatively lower 28.01% annualized return.

FELIX

• 1D: 6.40%
• 1M: 26.21%
• YTD: 84.99%
• 6M: 82.86%
• 1Y: 170.17%
• 3Y*: 63.90%
• 5Y*: 43.93%
• 10Y*: 37.61%

SLMCX

• 1D: 3.67%
• 1M: 15.56%
• YTD: 58.65%
• 6M: 55.34%
• 1Y: 126.30%
• 3Y*: 47.62%
• 5Y*: 26.81%
• 10Y*: 28.01%

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

FELIX vs. SLMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FELIX Fidelity Advisor Semiconductors Fund Class I	84.99%	45.25%	44.10%	75.49%	-34.88%	57.89%	44.02%	64.21%	-12.52%	34.54%
SLMCX Columbia Seligman Technology and Information Fund	58.65%	37.32%	26.67%	44.27%	-31.14%	38.97%	44.45%	54.15%	-8.12%	34.08%

Correlation

The correlation between FELIX 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 28, 2000	0.90

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

Return for Risk

FELIX vs. SLMCX — Risk / Return Rank

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

FELIX

FELIX Risk / Return Rank: 97
FELIX Sharpe Ratio Rank: 100
FELIX Sortino Ratio Rank: 96
FELIX Omega Ratio Rank: 94
FELIX Calmar Ratio Rank: 99
FELIX Martin Ratio Rank: 99

SLMCX

SLMCX Risk / Return Rank: 97
SLMCX Sharpe Ratio Rank: 99
SLMCX Sortino Ratio Rank: 96
SLMCX Omega Ratio Rank: 93
SLMCX Calmar Ratio Rank: 99
SLMCX Martin Ratio Rank: 99

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.

FELIX vs. SLMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class I (FELIX) 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.

	FELIX	SLMCX	Difference
Sharpe ratio: Return per unit of total volatility	5.51	5.03	+0.48
Sortino ratio: Return per unit of downside risk	5.34	5.23	+0.11
Omega ratio: Gain probability vs. loss probability	1.73	1.71	+0.02
Calmar ratio: Return relative to maximum drawdown	12.24	10.65	+1.59
Martin ratio: Return relative to average drawdown	47.66	41.17	+6.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FELIX vs. SLMCX - Sharpe Ratio Comparison

The current FELIX Sharpe Ratio is 5.51, which is comparable to the SLMCX Sharpe Ratio of 5.03. The chart below compares the historical Sharpe Ratios of FELIX 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.

Sharpe Ratios by Period

	FELIX	SLMCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.51	5.03	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.15	1.03	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.09	1.08	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.73	-0.25

Drawdowns

FELIX vs. SLMCX - Drawdown Comparison

The maximum FELIX drawdown since its inception was -71.17%, roughly equal to the maximum SLMCX drawdown of -68.10%. Use the drawdown chart below to compare losses from any high point for FELIX and SLMCX.

Drawdown Indicators

	FELIX	SLMCX	Difference
Max Drawdown Largest peak-to-trough decline	-71.17%	-68.10%	-3.07%
Max Drawdown (1Y) Largest decline over 1 year	-14.65%	-12.33%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	-36.40%	-29.13%	-7.27%
Max Drawdown (5Y) Largest decline over 5 years	-46.02%	-37.32%	-8.70%
Max Drawdown (10Y) Largest decline over 10 years	-46.02%	-37.32%	-8.70%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-21.14%	-13.00%	-8.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	3.18%	+0.57%

Volatility

FELIX vs. SLMCX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class I (FELIX) has a higher volatility of 11.90% compared to Columbia Seligman Technology and Information Fund (SLMCX) at 7.25%. This indicates that FELIX'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

	FELIX	SLMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.90%	7.25%	+4.65%
Volatility (6M) Calculated over the trailing 6-month period	25.31%	20.07%	+5.24%
Volatility (1Y) Calculated over the trailing 1-year period	32.52%	26.09%	+6.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.35%	26.21%	+12.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.69%	26.14%	+8.55%

FELIX vs. SLMCX - Expense Ratio Comparison

FELIX has a 0.75% expense ratio, which is lower than SLMCX's 1.17% expense ratio.

Dividends

FELIX vs. SLMCX - Dividend Comparison

FELIX's dividend yield for the trailing twelve months is around 3.52%, less than SLMCX's 5.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FELIX Fidelity Advisor Semiconductors Fund Class I	3.52%	6.51%	6.44%	3.15%	3.09%	4.14%	4.43%	1.04%	19.34%	9.50%	0.55%	10.37%
SLMCX Columbia Seligman Technology and Information Fund	5.96%	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 FELIX and SLMCX in my portfolio?

FELIX 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, FELIX or SLMCX?

FELIX has higher volatility (11.90%) compared to SLMCX (7.25%). In terms of maximum drawdown, FELIX dropped -71.17% vs SLMCX's -68.10%.

Which has better risk-adjusted returns?

FELIX currently has the higher Sharpe Ratio (5.51 vs 5.03), 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.