FELTX vs. FELIX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Semiconductors Fund Class M (FELTX) and Fidelity Advisor Semiconductors Fund Class I (FELIX).

FELTX is managed by Fidelity. It was launched on Dec 27, 2000. FELIX is managed by Fidelity. It was launched on Dec 27, 2000.

Performance

FELTX vs. FELIX - 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 I (FELIX). The values are adjusted to include any dividend payments, if applicable.

FELTX vs. FELIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
FELIX Fidelity Advisor Semiconductors Fund Class I	0.34%	45.25%	44.10%	75.49%	-34.88%	57.89%	44.02%	64.21%	-12.52%	34.54%

Returns By Period

In the year-to-date period, FELTX achieves a 0.20% return, which is significantly lower than FELIX's 0.34% return. Both investments have delivered pretty close results over the past 10 years, with FELTX having a 29.26% annualized return and FELIX not far ahead at 29.99%.

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%

FELIX

• 1D: -4.25%
• 1M: -9.99%
• YTD: 0.34%
• 6M: 8.31%
• 1Y: 77.58%
• 3Y*: 38.40%
• 5Y*: 28.12%
• 10Y*: 29.99%

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

FELTX vs. FELIX - Expense Ratio Comparison

FELTX has a 1.26% expense ratio, which is higher than FELIX's 0.75% expense ratio.

FELTX

Fidelity Advisor Semiconductors Fund Class M

FELIX

Fidelity Advisor Semiconductors Fund Class I

Return for Risk

FELTX vs. FELIX — Risk / Return Rank

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

FELTX

FELTX Risk / Return Rank: 92
FELTX Sharpe Ratio Rank: 91
FELTX Sortino Ratio Rank: 90
FELTX Omega Ratio Rank: 86
FELTX Calmar Ratio Rank: 97
FELTX Martin Ratio Rank: 97

FELIX

FELIX Risk / Return Rank: 92
FELIX Sharpe Ratio Rank: 92
FELIX Sortino Ratio Rank: 90
FELIX Omega Ratio Rank: 86
FELIX Calmar Ratio Rank: 97
FELIX Martin Ratio Rank: 97

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. FELIX - Risk-Adjusted Trends 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 I (FELIX). 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.

	FELTX	FELIX	Difference
Sharpe ratio Return per unit of total volatility	1.92	1.94	-0.02
Sortino ratio Return per unit of downside risk	2.53	2.55	-0.02
Omega ratio Gain probability vs. loss probability	1.36	1.36	0.00
Calmar ratio Return relative to maximum drawdown	4.13	4.18	-0.05
Martin ratio Return relative to average drawdown	15.71	15.94	-0.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FELTX vs. FELIX - Sharpe Ratio Comparison

The current FELTX Sharpe Ratio is 1.92, which is comparable to the FELIX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of FELTX and FELIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FELTX	FELIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	1.94	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.75	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.88	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.40	-0.02

Correlation

The correlation between FELTX and FELIX is 1.00, 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. FELIX - Dividend Comparison

FELTX's dividend yield for the trailing twelve months is around 7.34%, more than FELIX's 6.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FELIX Fidelity Advisor Semiconductors Fund Class I	6.49%	6.51%	6.44%	3.15%	3.09%	4.14%	4.43%	1.04%	19.34%	9.50%	0.55%	10.37%

Drawdowns

FELTX vs. FELIX - Drawdown Comparison

The maximum FELTX drawdown since its inception was -71.50%, roughly equal to the maximum FELIX drawdown of -71.17%. Use the drawdown chart below to compare losses from any high point for FELTX and FELIX.

Drawdown Indicators

	FELTX	FELIX	Difference
Max Drawdown Largest peak-to-trough decline	-71.50%	-71.17%	-0.33%
Max Drawdown (1Y) Largest decline over 1 year	-17.10%	-17.09%	-0.01%
Max Drawdown (5Y) Largest decline over 5 years	-46.25%	-46.02%	-0.23%
Max Drawdown (10Y) Largest decline over 10 years	-46.25%	-46.02%	-0.23%
Current Drawdown Current decline from peak	-14.69%	-14.65%	-0.04%
Average Drawdown Average peak-to-trough decline	-22.55%	-21.27%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.50%	4.49%	+0.01%

Volatility

FELTX vs. FELIX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class M (FELTX) and Fidelity Advisor Semiconductors Fund Class I (FELIX) have volatilities of 10.50% and 10.51%, 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.

Volatility by Period

	FELTX	FELIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.50%	10.51%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	24.75%	24.76%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	39.67%	39.67%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.96%	37.96%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.35%	34.34%	+0.01%