FGDMX vs. FATIX

Last updated Jun 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. A 0.77 correlation means they provide meaningful diversification when combined. 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: -1.18%
• 1M: 1.94%
• YTD: 9.31%
• 6M: 11.50%
• 1Y: 39.60%
• 3Y*: 33.86%
• 5Y*: 13.92%
• 10Y*: —

FATIX

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

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

FGDMX vs. FATIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FGDMX Fidelity Advisor Communication Services Class A	9.31%	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%	-9.33%

Correlation

The correlation between FGDMX and FATIX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Dec 3, 2018	0.77

Over the past year, the correlation between FGDMX and FATIX has dropped to 0.40 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.

Return for Risk

FGDMX vs. FATIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FGDMX

FGDMX Risk / Return Rank: 43
FGDMX Sharpe Ratio Rank: 50
FGDMX Sortino Ratio Rank: 45
FGDMX Omega Ratio Rank: 44
FGDMX Calmar Ratio Rank: 37
FGDMX Martin Ratio Rank: 41

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.

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.

	FGDMX	FATIX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	—	—
Sortino ratio: Return per unit of downside risk	2.82	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	2.31	—	—
Martin ratio: Return relative to average drawdown	8.75	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FGDMX	FATIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	—	—

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	-3.54%	—	—
Average Drawdown Average peak-to-trough decline	-10.87%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.48%	—	—

Volatility

Volatility by Period

	FGDMX	FATIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.95%	—	—

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 12.20%, more than FATIX's 9.75% yield.

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	12.20%	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 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.