FFONX vs. VEA

Last updated Jun 13, 2026

FFONX (Fidelity Advisor Technology Fund Class A) and VEA (Vanguard FTSE Developed Markets ETF) are both funds - FFONX is a Technology Equities fund actively managed by Fidelity, while VEA is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. FFONX is actively managed, while VEA is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. FFONX charges 0.89%/yr vs 0.03%/yr for VEA.

Performance

FFONX vs. VEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class A (FFONX) and Vanguard FTSE Developed Markets ETF (VEA). 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*: —

VEA

• 1D: 0.34%
• 1M: 1.30%
• YTD: 14.73%
• 6M: 16.65%
• 1Y: 29.82%
• 3Y*: 19.03%
• 5Y*: 9.51%
• 10Y*: 10.72%

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

FFONX vs. VEA - Yearly Performance Comparison

	2026 (YTD)
FFONX Fidelity Advisor Technology Fund Class A	38.63%
VEA Vanguard FTSE Developed Markets ETF	12.30%

Correlation

The correlation between FFONX and VEA is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.68

Return for Risk

FFONX vs. VEA — 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.

VEA

VEA Risk / Return Rank: 62
VEA Sharpe Ratio Rank: 63
VEA Sortino Ratio Rank: 62
VEA Omega Ratio Rank: 63
VEA Calmar Ratio Rank: 59
VEA Martin Ratio Rank: 63

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. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class A (FFONX) and Vanguard FTSE Developed Markets ETF (VEA). 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	VEA	Difference
Sharpe ratio: Return per unit of total volatility	—	1.81	—
Sortino ratio: Return per unit of downside risk	—	2.50	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.58	—
Martin ratio: Return relative to average drawdown	—	9.92	—

Drawdowns

FFONX vs. VEA - Drawdown Comparison

The maximum FFONX drawdown since its inception was -10.06%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for FFONX and VEA.

Drawdown Indicators

	FFONX	VEA	Difference
Max Drawdown Largest peak-to-trough decline	-10.06%	-60.68%	+50.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.63%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	-6.74%	-1.06%	-5.68%
Average Drawdown Average peak-to-trough decline	-1.54%	-13.28%	+11.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.02%	—

Volatility

Volatility by Period

	FFONX	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.48%	16.58%	+12.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.48%	16.72%	+12.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.48%	17.40%	+12.08%

FFONX vs. VEA - Expense Ratio Comparison

FFONX has a 0.89% expense ratio, which is higher than VEA's 0.03% expense ratio.

Dividends

FFONX vs. VEA - Dividend Comparison

FFONX's dividend yield for the trailing twelve months is around 2.56%, less than VEA's 2.62% 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%
VEA Vanguard FTSE Developed Markets ETF	2.62%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both FFONX and VEA in my portfolio?

FFONX and VEA have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.