FFONX vs. BOGSX

Last updated Jun 13, 2026

FFONX (Fidelity Advisor Technology Fund Class A) and BOGSX (Black Oak Emerging Technology Fund) are both Technology Equities funds. Their correlation of 0.87 suggests significant overlap in exposure. FFONX charges 0.89%/yr vs 1.03%/yr for BOGSX.

Performance

FFONX vs. BOGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class A (FFONX) and Black Oak Emerging Technology Fund (BOGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FFONX

• 1D: 0.00%
• 1M: 6.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOGSX

• 1D: 4.74%
• 1M: 5.82%
• YTD: 38.40%
• 6M: 37.25%
• 1Y: 54.72%
• 3Y*: 22.47%
• 5Y*: 12.42%
• 10Y*: 17.60%

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

FFONX vs. BOGSX - Yearly Performance Comparison

	2026 (YTD)
FFONX Fidelity Advisor Technology Fund Class A	38.63%
BOGSX Black Oak Emerging Technology Fund	35.58%

Correlation

The correlation between FFONX and BOGSX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.87

Return for Risk

FFONX vs. BOGSX — Risk / Return Rank

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

FFONX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BOGSX

BOGSX Risk / Return Rank: 84
BOGSX Sharpe Ratio Rank: 84
BOGSX Sortino Ratio Rank: 76
BOGSX Omega Ratio Rank: 74
BOGSX Calmar Ratio Rank: 95
BOGSX Martin Ratio Rank: 93

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.

FFONX vs. BOGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class A (FFONX) and Black Oak Emerging Technology Fund (BOGSX). 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.

	FFONX	BOGSX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.38	—
Sortino ratio: Return per unit of downside risk	—	3.00	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	4.96	—
Martin ratio: Return relative to average drawdown	—	16.46	—

Drawdowns

FFONX vs. BOGSX - Drawdown Comparison

The maximum FFONX drawdown since its inception was -10.06%, smaller than the maximum BOGSX drawdown of -92.80%. Use the drawdown chart below to compare losses from any high point for FFONX and BOGSX.

Drawdown Indicators

	FFONX	BOGSX	Difference
Max Drawdown Largest peak-to-trough decline	-10.06%	-92.80%	+82.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.78%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.93%	—
Current Drawdown Current decline from peak	-6.74%	-3.34%	-3.40%
Average Drawdown Average peak-to-trough decline	-1.54%	-58.89%	+57.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.32%	—

Volatility

Volatility by Period

	FFONX	BOGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.48%	23.03%	+6.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.48%	25.47%	+4.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.48%	24.73%	+4.75%

FFONX vs. BOGSX - Expense Ratio Comparison

FFONX has a 0.89% expense ratio, which is lower than BOGSX's 1.03% expense ratio.

Dividends

FFONX vs. BOGSX - Dividend Comparison

FFONX's dividend yield for the trailing twelve months is around 2.56%, less than BOGSX's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOGSX Black Oak Emerging Technology Fund	4.16%	5.76%	7.96%	3.79%	1.87%	11.31%	6.30%	5.47%	11.71%	7.71%	4.00%	3.09%
FFONX Fidelity Advisor Technology Fund Class A	2.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FFONX and BOGSX in my portfolio?

FFONX and BOGSX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.