FELTX vs. VCSTX

Last updated Jun 24, 2026

FELTX (Fidelity Advisor Semiconductors Fund Class M) and VCSTX (VALIC Company I Science & Technology Fund) are both Technology Equities funds. Over the past 10 years, FELTX returned 37.67%/yr vs 22.13%/yr for VCSTX. Their correlation of 0.88 suggests significant overlap in exposure. FELTX charges 1.26%/yr vs 0.94%/yr for VCSTX.

Performance

FELTX vs. VCSTX - Performance Comparison

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

Returns By Period

In the year-to-date period, FELTX achieves a 88.24% return, which is significantly higher than VCSTX's 35.01% return. Over the past 10 years, FELTX has outperformed VCSTX with an annualized return of 37.67%, while VCSTX has yielded a comparatively lower 22.13% annualized return.

FELTX

• 1D: 0.88%
• 1M: 13.78%
• YTD: 88.24%
• 6M: 85.26%
• 1Y: 161.01%
• 3Y*: 63.43%
• 5Y*: 42.70%
• 10Y*: 37.67%

VCSTX

• 1D: -0.51%
• 1M: 6.95%
• YTD: 35.01%
• 6M: 33.05%
• 1Y: 56.84%
• 3Y*: 36.36%
• 5Y*: 16.75%
• 10Y*: 22.13%

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

FELTX vs. VCSTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FELTX Fidelity Advisor Semiconductors Fund Class M	88.24%	44.53%	43.39%	74.66%	-35.23%	57.08%	43.20%	63.20%	-13.06%	33.66%
VCSTX VALIC Company I Science & Technology Fund	35.01%	22.57%	32.60%	55.45%	-38.09%	11.89%	57.90%	39.12%	-9.29%	41.36%

Correlation

The correlation between FELTX and VCSTX is 0.84, 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	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Dec 27, 2000	0.88

The correlation between FELTX and VCSTX has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.

Return for Risk

FELTX vs. VCSTX — Risk / Return Rank

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

FELTX

FELTX Risk / Return Rank: 96
FELTX Sharpe Ratio Rank: 99
FELTX Sortino Ratio Rank: 94
FELTX Omega Ratio Rank: 90
FELTX Calmar Ratio Rank: 99
FELTX Martin Ratio Rank: 99

VCSTX

VCSTX Risk / Return Rank: 66
VCSTX Sharpe Ratio Rank: 78
VCSTX Sortino Ratio Rank: 57
VCSTX Omega Ratio Rank: 59
VCSTX Calmar Ratio Rank: 80
VCSTX Martin Ratio Rank: 56

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. VCSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class M (FELTX) and VALIC Company I Science & Technology Fund (VCSTX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FELTX	VCSTX	Difference
Sharpe ratio: Return per unit of total volatility	4.56	2.37	+2.19
Sortino ratio: Return per unit of downside risk	4.48	2.91	+1.56
Omega ratio: Gain probability vs. loss probability	1.62	1.39	+0.24
Calmar ratio: Return relative to maximum drawdown	11.10	3.48	+7.62
Martin ratio: Return relative to average drawdown	40.41	10.62	+29.79

FELTX vs. VCSTX - Sharpe Ratio Comparison

The current FELTX Sharpe Ratio is 4.56, which is higher than the VCSTX Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of FELTX and VCSTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FELTX vs. VCSTX - Drawdown Comparison

The maximum FELTX drawdown since its inception was -71.50%, smaller than the maximum VCSTX drawdown of -89.61%. Use the drawdown chart below to compare losses from any high point for FELTX and VCSTX.

Drawdown Indicators

	FELTX	VCSTX	Difference
Max Drawdown Largest peak-to-trough decline	-71.50%	-89.61%	+18.11%
Max Drawdown (1Y) Largest decline over 1 year	-14.69%	-17.03%	+2.34%
Max Drawdown (3Y) Largest decline over 3 years	-36.47%	-28.63%	-7.84%
Max Drawdown (5Y) Largest decline over 5 years	-46.25%	-44.91%	-1.34%
Max Drawdown (10Y) Largest decline over 10 years	-46.25%	-44.91%	-1.34%
Current Drawdown Current decline from peak	0.00%	-2.06%	+2.06%
Average Drawdown Average peak-to-trough decline	-22.36%	-47.02%	+24.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.03%	5.56%	-1.53%

Volatility

FELTX vs. VCSTX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class M (FELTX) has a higher volatility of 18.04% compared to VALIC Company I Science & Technology Fund (VCSTX) at 11.89%. This indicates that FELTX's price experiences larger fluctuations and is considered to be riskier than VCSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FELTX	VCSTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.04%	11.89%	+6.15%
Volatility (6M) Calculated over the trailing 6-month period	28.88%	20.75%	+8.13%
Volatility (1Y) Calculated over the trailing 1-year period	35.81%	25.03%	+10.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.97%	27.39%	+11.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.05%	25.77%	+9.28%

FELTX vs. VCSTX - Expense Ratio Comparison

FELTX has a 1.26% expense ratio, which is higher than VCSTX's 0.94% expense ratio.

Dividends

FELTX vs. VCSTX - Dividend Comparison

FELTX's dividend yield for the trailing twelve months is around 3.90%, less than VCSTX's 5.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FELTX Fidelity Advisor Semiconductors Fund Class M	3.90%	7.35%	7.56%	3.64%	3.54%	4.50%	4.56%	0.95%	20.90%	9.73%	0.13%	10.79%
VCSTX VALIC Company I Science & Technology Fund	5.52%	0.00%	0.00%	16.31%	42.68%	11.14%	8.13%	19.76%	0.00%	6.21%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FELTX and VCSTX in my portfolio?

FELTX and VCSTX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FELTX or VCSTX?

FELTX has higher volatility (18.04%) compared to VCSTX (11.89%). In terms of maximum drawdown, FELTX dropped -71.50% vs VCSTX's -89.61%.

Which has better risk-adjusted returns?

FELTX currently has the higher Sharpe Ratio (4.56 vs 2.37), 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.