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FELTX vs. ALTEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FELTX vs. ALTEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Semiconductors Fund Class M (FELTX) and Firsthand Alternative Energy Fund (ALTEX). The values are adjusted to include any dividend payments, if applicable.

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FELTX vs. ALTEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FELTX
Fidelity Advisor Semiconductors Fund Class M
0.20%44.53%43.39%74.66%-35.23%57.08%43.20%63.20%-13.06%33.66%
ALTEX
Firsthand Alternative Energy Fund
9.56%6.62%-6.79%-2.31%-18.26%-5.09%83.88%55.04%-18.56%27.35%

Returns By Period

In the year-to-date period, FELTX achieves a 0.20% return, which is significantly lower than ALTEX's 9.56% return. Over the past 10 years, FELTX has outperformed ALTEX with an annualized return of 29.26%, while ALTEX has yielded a comparatively lower 8.92% annualized return.


FELTX

1D
-4.26%
1M
-10.03%
YTD
0.20%
6M
8.05%
1Y
76.69%
3Y*
37.72%
5Y*
27.48%
10Y*
29.26%

ALTEX

1D
-4.06%
1M
-10.18%
YTD
9.56%
6M
-9.08%
1Y
41.48%
3Y*
-1.40%
5Y*
-4.12%
10Y*
8.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FELTX vs. ALTEX - Expense Ratio Comparison

FELTX has a 1.26% expense ratio, which is lower than ALTEX's 1.98% expense ratio.


Return for Risk

FELTX vs. ALTEX — Risk / Return Rank

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

FELTX
FELTX Risk / Return Rank: 9292
Overall Rank
FELTX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
FELTX Sortino Ratio Rank: 9090
Sortino Ratio Rank
FELTX Omega Ratio Rank: 8686
Omega Ratio Rank
FELTX Calmar Ratio Rank: 9797
Calmar Ratio Rank
FELTX Martin Ratio Rank: 9797
Martin Ratio Rank

ALTEX
ALTEX Risk / Return Rank: 5252
Overall Rank
ALTEX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
ALTEX Sortino Ratio Rank: 5555
Sortino Ratio Rank
ALTEX Omega Ratio Rank: 5858
Omega Ratio Rank
ALTEX Calmar Ratio Rank: 5555
Calmar Ratio Rank
ALTEX Martin Ratio Rank: 3232
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.

FELTX vs. ALTEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class M (FELTX) and Firsthand Alternative Energy Fund (ALTEX). 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.


FELTXALTEXDifference

Sharpe ratio

Return per unit of total volatility

1.92

1.10

+0.82

Sortino ratio

Return per unit of downside risk

2.53

1.49

+1.04

Omega ratio

Gain probability vs. loss probability

1.36

1.23

+0.13

Calmar ratio

Return relative to maximum drawdown

4.13

1.31

+2.82

Martin ratio

Return relative to average drawdown

15.71

3.48

+12.22

FELTX vs. ALTEX - Sharpe Ratio Comparison

The current FELTX Sharpe Ratio is 1.92, which is higher than the ALTEX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of FELTX and ALTEX, 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


FELTXALTEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.92

1.10

+0.82

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

-0.06

+0.79

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.86

0.18

+0.68

Sharpe Ratio (All Time)

Calculated using the full available price history

0.38

0.03

+0.35

Correlation

The correlation between FELTX and ALTEX is 0.71, 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

FELTX vs. ALTEX - Dividend Comparison

FELTX's dividend yield for the trailing twelve months is around 7.34%, while ALTEX has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
FELTX
Fidelity Advisor Semiconductors Fund Class M
7.34%7.35%7.56%3.64%3.54%4.50%4.56%0.95%20.90%9.73%0.13%10.79%
ALTEX
Firsthand Alternative Energy Fund
0.00%0.00%1.50%3.43%0.00%0.00%0.00%9.12%0.05%0.25%0.00%0.00%

Drawdowns

FELTX vs. ALTEX - Drawdown Comparison

The maximum FELTX drawdown since its inception was -71.50%, smaller than the maximum ALTEX drawdown of -75.48%. Use the drawdown chart below to compare losses from any high point for FELTX and ALTEX.


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Drawdown Indicators


FELTXALTEXDifference

Max Drawdown

Largest peak-to-trough decline

-71.50%

-75.48%

+3.98%

Max Drawdown (1Y)

Largest decline over 1 year

-17.10%

-28.91%

+11.81%

Max Drawdown (5Y)

Largest decline over 5 years

-46.25%

-75.48%

+29.23%

Max Drawdown (10Y)

Largest decline over 10 years

-46.25%

-75.48%

+29.23%

Current Drawdown

Current decline from peak

-14.69%

-27.66%

+12.97%

Average Drawdown

Average peak-to-trough decline

-22.55%

-37.55%

+15.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.50%

10.86%

-6.36%

Volatility

FELTX vs. ALTEX - Volatility Comparison

The current volatility for Fidelity Advisor Semiconductors Fund Class M (FELTX) is 10.50%, while Firsthand Alternative Energy Fund (ALTEX) has a volatility of 11.76%. This indicates that FELTX experiences smaller price fluctuations and is considered to be less risky than ALTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FELTXALTEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.50%

11.76%

-1.26%

Volatility (6M)

Calculated over the trailing 6-month period

24.75%

32.97%

-8.22%

Volatility (1Y)

Calculated over the trailing 1-year period

39.67%

38.72%

+0.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.96%

67.75%

-29.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.35%

51.07%

-16.72%