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FELTX vs. FELAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FELTX and FELAX is 0.77, 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

FELTX vs. FELAX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FELTX:

0.03

FELAX:

0.19

Sortino Ratio

FELTX:

0.41

FELAX:

0.63

Omega Ratio

FELTX:

1.05

FELAX:

1.08

Calmar Ratio

FELTX:

0.06

FELAX:

0.28

Martin Ratio

FELTX:

0.16

FELAX:

0.73

Ulcer Index

FELTX:

16.46%

FELAX:

14.09%

Daily Std Dev

FELTX:

47.43%

FELAX:

46.95%

Max Drawdown

FELTX:

-71.42%

FELAX:

-71.33%

Current Drawdown

FELTX:

-17.25%

FELAX:

-11.48%

Returns By Period

The year-to-date returns for both investments are quite close, with FELTX having a -3.52% return and FELAX slightly higher at -3.44%. Over the past 10 years, FELTX has underperformed FELAX with an annualized return of 17.93%, while FELAX has yielded a comparatively higher 24.42% annualized return.


FELTX

YTD

-3.52%

1M

23.99%

6M

-10.06%

1Y

1.23%

5Y*

25.53%

10Y*

17.93%

FELAX

YTD

-3.44%

1M

24.00%

6M

-3.41%

1Y

8.85%

5Y*

31.69%

10Y*

24.42%

*Annualized

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FELTX vs. FELAX - Expense Ratio Comparison

FELTX has a 1.26% expense ratio, which is higher than FELAX's 1.01% expense ratio.


Risk-Adjusted Performance

FELTX vs. FELAX — Risk-Adjusted Performance Rank

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

FELTX
The Risk-Adjusted Performance Rank of FELTX is 2424
Overall Rank
The Sharpe Ratio Rank of FELTX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of FELTX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of FELTX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of FELTX is 2323
Calmar Ratio Rank
The Martin Ratio Rank of FELTX is 2121
Martin Ratio Rank

FELAX
The Risk-Adjusted Performance Rank of FELAX is 3636
Overall Rank
The Sharpe Ratio Rank of FELAX is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of FELAX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of FELAX is 3838
Omega Ratio Rank
The Calmar Ratio Rank of FELAX is 4141
Calmar Ratio Rank
The Martin Ratio Rank of FELAX is 3232
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FELTX vs. FELAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class M (FELTX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). 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.


The current FELTX Sharpe Ratio is 0.03, which is lower than the FELAX Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of FELTX and FELAX, 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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Dividends

FELTX vs. FELAX - Dividend Comparison

Neither FELTX nor FELAX has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FELTX
Fidelity Advisor Semiconductors Fund Class M
0.00%0.00%0.00%0.00%0.00%0.00%0.17%0.39%0.19%0.00%10.79%0.00%
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.00%0.00%0.00%0.00%0.00%0.11%0.26%0.61%0.49%0.24%10.72%0.04%

Drawdowns

FELTX vs. FELAX - Drawdown Comparison

The maximum FELTX drawdown since its inception was -71.42%, roughly equal to the maximum FELAX drawdown of -71.33%. Use the drawdown chart below to compare losses from any high point for FELTX and FELAX. For additional features, visit the drawdowns tool.


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Volatility

FELTX vs. FELAX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class M (FELTX) and Fidelity Advisor Semiconductors Fund Class A (FELAX) have volatilities of 12.29% and 12.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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