FFONX vs. FSELX

Last updated Jun 13, 2026

FFONX (Fidelity Advisor Technology Fund Class A) and FSELX (Fidelity Select Semiconductors Portfolio) are both mutual funds - FFONX is a Technology Equities fund actively managed by Fidelity, while FSELX is a Semiconductors fund managed by Fidelity. Their correlation of 0.87 suggests significant overlap in exposure. FFONX charges 0.89%/yr vs 0.68%/yr for FSELX.

Performance

FFONX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class A (FFONX) and Fidelity Select Semiconductors Portfolio (FSELX). 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*: —

FSELX

• 1D: 6.51%
• 1M: 7.60%
• YTD: 74.64%
• 6M: 78.43%
• 1Y: 138.82%
• 3Y*: 63.72%
• 5Y*: 44.40%
• 10Y*: 38.57%

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

FFONX vs. FSELX - Yearly Performance Comparison

	2026 (YTD)
FFONX Fidelity Advisor Technology Fund Class A	38.63%
FSELX Fidelity Select Semiconductors Portfolio	62.60%

Correlation

The correlation between FFONX and FSELX 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. FSELX — 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.

FSELX

FSELX Risk / Return Rank: 95
FSELX Sharpe Ratio Rank: 99
FSELX Sortino Ratio Rank: 92
FSELX Omega Ratio Rank: 89
FSELX Calmar Ratio Rank: 99
FSELX Martin Ratio Rank: 99

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. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class A (FFONX) and Fidelity Select Semiconductors Portfolio (FSELX). 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	FSELX	Difference
Sharpe ratio: Return per unit of total volatility	—	4.03	—
Sortino ratio: Return per unit of downside risk	—	4.13	—
Omega ratio: Gain probability vs. loss probability	—	1.57	—
Calmar ratio: Return relative to maximum drawdown	—	9.83	—
Martin ratio: Return relative to average drawdown	—	35.64	—

Drawdowns

FFONX vs. FSELX - Drawdown Comparison

The maximum FFONX drawdown since its inception was -10.06%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for FFONX and FSELX.

Drawdown Indicators

	FFONX	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-10.06%	-82.54%	+72.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-36.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-6.74%	-6.32%	-0.42%
Average Drawdown Average peak-to-trough decline	-1.54%	-28.68%	+27.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.96%	—

Volatility

Volatility by Period

	FFONX	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.48%	35.11%	-5.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.48%	39.38%	-9.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.48%	35.29%	-5.81%

FFONX vs. FSELX - Expense Ratio Comparison

FFONX has a 0.89% expense ratio, which is higher than FSELX's 0.68% expense ratio.

Dividends

FFONX vs. FSELX - Dividend Comparison

FFONX's dividend yield for the trailing twelve months is around 2.56%, less than FSELX's 9.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FSELX Fidelity Select Semiconductors Portfolio	9.38%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%

Frequently Asked Questions

Can I hold both FFONX and FSELX in my portfolio?

FFONX and FSELX 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.