FFSIX vs. BDMIX
Compare and contrast key facts about Fidelity Advisor Financial Services Fund Class I (FFSIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
FFSIX is managed by Blackrock. It was launched on Sep 3, 1996. BDMIX is managed by Blackrock. It was launched on Dec 20, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFSIX or BDMIX.
Key characteristics
| FFSIX | BDMIX | |
|---|---|---|
| YTD Return | 36.37% | 20.65% |
| 1Y Return | 58.25% | 25.27% |
| 3Y Return (Ann) | 11.28% | 12.15% |
| 5Y Return (Ann) | 14.52% | 5.92% |
| 10Y Return (Ann) | 11.73% | 3.35% |
| Sharpe Ratio | 3.53 | 3.71 |
| Sortino Ratio | 5.01 | 5.51 |
| Omega Ratio | 1.66 | 1.73 |
| Calmar Ratio | 3.35 | 6.30 |
| Martin Ratio | 24.76 | 23.41 |
| Ulcer Index | 2.35% | 1.10% |
| Daily Std Dev | 16.48% | 6.92% |
| Max Drawdown | -74.76% | -14.89% |
| Current Drawdown | 0.00% | -0.98% |
Correlation
The correlation between FFSIX and BDMIX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FFSIX vs. BDMIX - Performance Comparison
In the year-to-date period, FFSIX achieves a 36.37% return, which is significantly higher than BDMIX's 20.65% return. Over the past 10 years, FFSIX has outperformed BDMIX with an annualized return of 11.73%, while BDMIX has yielded a comparatively lower 3.35% annualized return. 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.
FFSIX vs. BDMIX - Expense Ratio Comparison
FFSIX has a 0.76% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Risk-Adjusted Performance
FFSIX vs. BDMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Financial Services Fund Class I (FFSIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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
FFSIX vs. BDMIX - Dividend Comparison
FFSIX's dividend yield for the trailing twelve months is around 1.80%, less than BDMIX's 12.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFSIX Fidelity Advisor Financial Services Fund Class I | 1.80% | 2.45% | 2.04% | 1.66% | 2.12% | 1.43% | 1.35% | 0.56% | 0.32% | 0.56% | 1.05% | 1.24% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 12.64% | 7.42% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.27% |
Drawdowns
FFSIX vs. BDMIX - Drawdown Comparison
The maximum FFSIX drawdown since its inception was -74.76%, which is greater than BDMIX's maximum drawdown of -14.89%. Use the drawdown chart below to compare losses from any high point for FFSIX and BDMIX. For additional features, visit the drawdowns tool.
Volatility
FFSIX vs. BDMIX - Volatility Comparison
Fidelity Advisor Financial Services Fund Class I (FFSIX) has a higher volatility of 8.33% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 2.95%. This indicates that FFSIX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.