FELTX vs. XLK
Compare and contrast key facts about Fidelity Advisor Semiconductors Fund Class M (FELTX) and Technology Select Sector SPDR Fund (XLK).
FELTX is managed by Fidelity. It was launched on Dec 27, 2000. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FELTX or XLK.
Key characteristics
| FELTX | XLK | |
|---|---|---|
| YTD Return | 48.17% | 23.85% |
| 1Y Return | 67.43% | 36.57% |
| 3Y Return (Ann) | 16.07% | 13.33% |
| 5Y Return (Ann) | 27.65% | 23.65% |
| 10Y Return (Ann) | 21.22% | 20.78% |
| Sharpe Ratio | 1.88 | 1.65 |
| Sortino Ratio | 2.40 | 2.19 |
| Omega Ratio | 1.31 | 1.30 |
| Calmar Ratio | 2.75 | 2.12 |
| Martin Ratio | 7.85 | 7.32 |
| Ulcer Index | 8.50% | 4.91% |
| Daily Std Dev | 35.57% | 21.79% |
| Max Drawdown | -71.42% | -82.05% |
| Current Drawdown | -4.94% | -0.11% |
Correlation
The correlation between FELTX and XLK is 0.85, 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. XLK - Performance Comparison
In the year-to-date period, FELTX achieves a 48.17% return, which is significantly higher than XLK's 23.85% return. Both investments have delivered pretty close results over the past 10 years, with FELTX having a 21.22% annualized return and XLK not far behind at 20.78%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FELTX vs. XLK - Expense Ratio Comparison
FELTX has a 1.26% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
FELTX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class M (FELTX) and Technology Select Sector SPDR Fund (XLK). 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.
Dividends
FELTX vs. XLK - Dividend Comparison
FELTX has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELTX Fidelity Advisor Semiconductors Fund Class M | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.17% | 0.39% | 0.19% | 0.00% | 10.79% | 0.00% | 0.00% |
XLK Technology Select Sector SPDR Fund | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
FELTX vs. XLK - Drawdown Comparison
The maximum FELTX drawdown since its inception was -71.42%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for FELTX and XLK. For additional features, visit the drawdowns tool.
Volatility
FELTX vs. XLK - Volatility Comparison
Fidelity Advisor Semiconductors Fund Class M (FELTX) has a higher volatility of 9.40% compared to Technology Select Sector SPDR Fund (XLK) at 6.29%. This indicates that FELTX's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.