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FELIX vs. STPAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FELIX vs. STPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Semiconductors Fund Class I (FELIX) and Saratoga Technology & Communications Portfolio (STPAX). The values are adjusted to include any dividend payments, if applicable.

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FELIX vs. STPAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FELIX
Fidelity Advisor Semiconductors Fund Class I
7.49%45.25%44.10%75.49%-34.88%57.89%44.02%64.21%-12.52%34.54%
STPAX
Saratoga Technology & Communications Portfolio
-10.38%16.20%20.02%45.01%-31.89%16.54%26.75%45.00%0.06%27.77%

Returns By Period

In the year-to-date period, FELIX achieves a 7.49% return, which is significantly higher than STPAX's -10.38% return. Over the past 10 years, FELIX has outperformed STPAX with an annualized return of 30.89%, while STPAX has yielded a comparatively lower 14.36% annualized return.


FELIX

1D
7.13%
1M
-4.45%
YTD
7.49%
6M
14.48%
1Y
88.72%
3Y*
41.62%
5Y*
29.03%
10Y*
30.89%

STPAX

1D
3.30%
1M
-4.84%
YTD
-10.38%
6M
-9.15%
1Y
12.65%
3Y*
16.18%
5Y*
6.10%
10Y*
14.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FELIX vs. STPAX - Expense Ratio Comparison

FELIX has a 0.75% expense ratio, which is lower than STPAX's 2.53% expense ratio.


Return for Risk

FELIX vs. STPAX — Risk / Return Rank

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

FELIX
FELIX Risk / Return Rank: 9595
Overall Rank
FELIX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FELIX Sortino Ratio Rank: 9393
Sortino Ratio Rank
FELIX Omega Ratio Rank: 9090
Omega Ratio Rank
FELIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
FELIX Martin Ratio Rank: 9898
Martin Ratio Rank

STPAX
STPAX Risk / Return Rank: 2121
Overall Rank
STPAX Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
STPAX Sortino Ratio Rank: 2020
Sortino Ratio Rank
STPAX Omega Ratio Rank: 1919
Omega Ratio Rank
STPAX Calmar Ratio Rank: 2424
Calmar Ratio Rank
STPAX Martin Ratio Rank: 2222
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.

FELIX vs. STPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class I (FELIX) and Saratoga Technology & Communications Portfolio (STPAX). 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.


FELIXSTPAXDifference

Sharpe ratio

Return per unit of total volatility

2.26

0.59

+1.67

Sortino ratio

Return per unit of downside risk

2.86

1.00

+1.86

Omega ratio

Gain probability vs. loss probability

1.40

1.14

+0.26

Calmar ratio

Return relative to maximum drawdown

5.21

0.88

+4.33

Martin ratio

Return relative to average drawdown

19.71

2.95

+16.76

FELIX vs. STPAX - Sharpe Ratio Comparison

The current FELIX Sharpe Ratio is 2.26, which is higher than the STPAX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of FELIX and STPAX, 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


FELIXSTPAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.26

0.59

+1.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.28

+0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.90

0.66

+0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.24

+0.17

Correlation

The correlation between FELIX and STPAX is 0.86, 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.


Dividends

FELIX vs. STPAX - Dividend Comparison

FELIX's dividend yield for the trailing twelve months is around 6.05%, less than STPAX's 19.30% yield.


TTM20252024202320222021202020192018201720162015
FELIX
Fidelity Advisor Semiconductors Fund Class I
6.05%6.51%6.44%3.15%3.09%4.14%4.43%1.04%19.34%9.50%0.55%10.37%
STPAX
Saratoga Technology & Communications Portfolio
19.30%17.30%13.90%7.63%22.55%13.94%14.21%12.52%4.84%8.32%9.28%12.58%

Drawdowns

FELIX vs. STPAX - Drawdown Comparison

The maximum FELIX drawdown since its inception was -71.17%, smaller than the maximum STPAX drawdown of -94.25%. Use the drawdown chart below to compare losses from any high point for FELIX and STPAX.


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Drawdown Indicators


FELIXSTPAXDifference

Max Drawdown

Largest peak-to-trough decline

-71.17%

-94.25%

+23.08%

Max Drawdown (1Y)

Largest decline over 1 year

-17.09%

-15.49%

-1.60%

Max Drawdown (5Y)

Largest decline over 5 years

-46.02%

-37.07%

-8.95%

Max Drawdown (10Y)

Largest decline over 10 years

-46.02%

-37.07%

-8.95%

Current Drawdown

Current decline from peak

-8.56%

-12.70%

+4.14%

Average Drawdown

Average peak-to-trough decline

-21.27%

-59.10%

+37.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.52%

4.61%

-0.09%

Volatility

FELIX vs. STPAX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class I (FELIX) has a higher volatility of 12.80% compared to Saratoga Technology & Communications Portfolio (STPAX) at 6.22%. This indicates that FELIX's price experiences larger fluctuations and is considered to be riskier than STPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FELIXSTPAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.80%

6.22%

+6.58%

Volatility (6M)

Calculated over the trailing 6-month period

25.67%

12.85%

+12.82%

Volatility (1Y)

Calculated over the trailing 1-year period

40.18%

22.84%

+17.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.07%

21.69%

+16.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.41%

21.97%

+12.44%