FFONX vs. STPAX

Last updated Jun 13, 2026

FFONX (Fidelity Advisor Technology Fund Class A) and STPAX (Saratoga Technology & Communications Portfolio) are both Technology Equities funds. Their correlation of 0.83 suggests significant overlap in exposure. FFONX charges 0.89%/yr vs 2.53%/yr for STPAX.

Performance

FFONX vs. STPAX - Performance Comparison

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

STPAX

• 1D: 2.13%
• 1M: 0.00%
• YTD: 6.79%
• 6M: 7.26%
• 1Y: 18.89%
• 3Y*: 19.40%
• 5Y*: 9.01%
• 10Y*: 16.45%

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

FFONX vs. STPAX - Yearly Performance Comparison

	2026 (YTD)
FFONX Fidelity Advisor Technology Fund Class A	38.63%
STPAX Saratoga Technology & Communications Portfolio	16.57%

Correlation

The correlation between FFONX and STPAX is 0.83, 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	0.83

Return for Risk

FFONX vs. STPAX — 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.

STPAX

STPAX Risk / Return Rank: 21
STPAX Sharpe Ratio Rank: 24
STPAX Sortino Ratio Rank: 21
STPAX Omega Ratio Rank: 23
STPAX Calmar Ratio Rank: 19
STPAX Martin Ratio Rank: 20

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. STPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class A (FFONX) and Saratoga Technology & Communications Portfolio (STPAX). 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	STPAX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.16	—
Sortino ratio: Return per unit of downside risk	—	1.58	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.30	—
Martin ratio: Return relative to average drawdown	—	4.32	—

Drawdowns

FFONX vs. STPAX - Drawdown Comparison

The maximum FFONX drawdown since its inception was -10.06%, smaller than the maximum STPAX drawdown of -94.25%. Use the drawdown chart below to compare losses from any high point for FFONX and STPAX.

Drawdown Indicators

	FFONX	STPAX	Difference
Max Drawdown Largest peak-to-trough decline	-10.06%	-94.25%	+84.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.49%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.78%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.07%	—
Current Drawdown Current decline from peak	-6.74%	-5.37%	-1.37%
Average Drawdown Average peak-to-trough decline	-1.54%	-58.70%	+57.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.67%	—

Volatility

Volatility by Period

	FFONX	STPAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.48%	17.36%	+12.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.48%	21.80%	+7.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.48%	22.09%	+7.39%

FFONX vs. STPAX - Expense Ratio Comparison

FFONX has a 0.89% expense ratio, which is lower than STPAX's 2.53% expense ratio.

Dividends

FFONX vs. STPAX - Dividend Comparison

FFONX's dividend yield for the trailing twelve months is around 2.56%, less than STPAX's 16.20% 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%
STPAX Saratoga Technology & Communications Portfolio	16.20%	17.30%	13.90%	7.63%	22.55%	13.94%	14.21%	12.52%	4.84%	8.32%	9.28%	12.58%

Frequently Asked Questions

Can I hold both FFONX and STPAX in my portfolio?

FFONX and STPAX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.