FGDMX vs. FATIX

Last updated Aug 4, 2026

FGDMX (Fidelity Advisor Communication Services Class A) and FATIX (Fidelity Advisor Technology Fund Class I) are both mutual funds - FGDMX is a Communications Equities fund managed by Fidelity, while FATIX is a Technology Equities fund managed by Fidelity. Their 0.76 correlation means they have sometimes moved together and sometimes differently. FGDMX charges 1.03%/yr vs 0.71%/yr for FATIX.

Performance

FGDMX vs. FATIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Communication Services Class A (FGDMX) and Fidelity Advisor Technology Fund Class I (FATIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGDMX

• 1D: 1.67%
• 1M: -4.17%
• 6M: -0.10%
• YTD: 4.40%
• 1Y: 19.44%
• 3Y*: 27.39%
• 5Y*: 11.69%
• 10Y*: —
• ALL TIME*: 18.03%

FATIX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FGDMX Fidelity Advisor Communication Services Class A	$0.00	$0.00	$0.00

FGDMX vs. FATIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FGDMX Fidelity Advisor Communication Services Class A	4.40%	36.36%	35.46%	56.40%	-38.47%	15.63%	35.07%	32.77%	-7.41%
FATIX Fidelity Advisor Technology Fund Class I	0.00%	24.65%	35.36%	59.71%	-36.01%	27.59%	64.34%	50.99%	-8.97%

Correlation

The correlation between FGDMX and FATIX is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.60
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018	0.76

Over the past year, the correlation between FGDMX and FATIX has dropped to 0.32 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

Return for Risk

FGDMX vs. FATIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FGDMX

FGDMX Risk / Return Rank: 20
FGDMX Sharpe Ratio Rank: 20
FGDMX Sortino Ratio Rank: 20
FGDMX Omega Ratio Rank: 20
FGDMX Calmar Ratio Rank: 18
FGDMX Martin Ratio Rank: 22

FATIX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FGDMX vs. FATIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Communication Services Class A (FGDMX) and Fidelity Advisor Technology Fund Class I (FATIX). 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.

	FGDMX	FATIX	Difference
Sharpe ratio: Return per unit of total volatility	0.80	—	—
Sortino ratio: Return per unit of downside risk	1.21	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.96	—	—
Martin ratio: Return relative to average drawdown	3.24	—	—

Drawdowns

Drawdown Indicators

	FGDMX	FATIX	Difference
Max Drawdown Largest peak-to-trough decline	-47.60%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.60%	—	—
Current Drawdown Current decline from peak	-7.87%	—	—
Average Drawdown Average peak-to-trough decline	-10.75%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.01%	—	—

Volatility

Volatility by Period

	FGDMX	FATIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.55%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.50%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.94%	—	—

FGDMX vs. FATIX - Expense Ratio Comparison

FGDMX has a 1.03% expense ratio, which is higher than FATIX's 0.71% expense ratio.

Dividends

FGDMX vs. FATIX - Dividend Comparison

FGDMX's dividend yield for the trailing twelve months is around 12.77%, while FATIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FATIX Fidelity Advisor Technology Fund Class I	9.75%	9.75%	7.19%	3.74%	3.32%	11.43%	7.31%	2.50%	22.35%	7.93%	1.52%	4.46%
FGDMX Fidelity Advisor Communication Services Class A	12.77%	7.66%	6.90%	0.00%	0.00%	5.73%	3.76%	35.47%	8.84%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FGDMX and FATIX in my portfolio?

FGDMX and FATIX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.