FGDMX vs. PRMTX
FGDMX (Fidelity Advisor Communication Services Class A) and PRMTX (T. Rowe Price Communications & Technology Fund) are both Communications Equities funds. Over the past 5 years, FGDMX returned 12.59%/yr vs 4.13%/yr for PRMTX. Their correlation of 0.87 means they have usually moved in the same direction. FGDMX charges 1.03%/yr vs 0.77%/yr for PRMTX.
Performance
FGDMX vs. PRMTX - Performance Comparison
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Returns By Period
In the year-to-date period, FGDMX achieves a 8.10% return, which is significantly higher than PRMTX's -3.14% return.
FGDMX
- 1D
- 3.54%
- 1M
- -0.77%
- 6M
- 4.59%
- YTD
- 8.10%
- 1Y
- 20.31%
- 3Y*
- 29.81%
- 5Y*
- 12.59%
- 10Y*
- —
- ALL TIME*
- 18.54%
PRMTX
- 1D
- 2.69%
- 1M
- -2.20%
- 6M
- -0.02%
- YTD
- -3.14%
- 1Y
- -5.93%
- 3Y*
- 19.45%
- 5Y*
- 4.13%
- 10Y*
- 14.25%
- ALL TIME*
- 14.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FGDMX vs. PRMTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FGDMX Fidelity Advisor Communication Services Class A | 8.10% | 36.36% | 35.46% | 56.40% | -38.47% | 15.63% | 35.07% | 32.77% | -7.41% |
PRMTX T. Rowe Price Communications & Technology Fund | -3.14% | 6.86% | 48.75% | 39.30% | -40.90% | 9.81% | 53.69% | 35.69% | -6.64% |
Correlation
The correlation between FGDMX and PRMTX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.83 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018 | 0.87 |
The correlation between FGDMX and PRMTX has been stable across timeframes, ranging from 0.80 to 0.88 - a consistent structural relationship.
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Return for Risk
FGDMX vs. PRMTX — Risk / Return Rank
FGDMX
PRMTX
FGDMX vs. PRMTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Communication Services Class A (FGDMX) and T. Rowe Price Communications & Technology Fund (PRMTX). 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 | PRMTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.97 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | -0.22 | +1.62 |
| Martin ratioReturn relative to average drawdown | 4.73 | -0.47 | +5.20 |
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Drawdowns
FGDMX vs. PRMTX - Drawdown Comparison
The maximum FGDMX drawdown since its inception was -47.60%, smaller than the maximum PRMTX drawdown of -66.30%. Use the drawdown chart below to compare losses from any high point for FGDMX and PRMTX.
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Drawdown Indicators
| FGDMX | PRMTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.60% | -66.30% | +18.70% |
Max Drawdown (1Y)Largest decline over 1 year | -16.94% | -17.29% | +0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -23.23% | -20.69% | -2.54% |
Max Drawdown (5Y)Largest decline over 5 years | -47.60% | -47.17% | -0.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.17% | — |
Current DrawdownCurrent decline from peak | -4.61% | -10.78% | +6.17% |
Average DrawdownAverage peak-to-trough decline | -10.74% | -13.92% | +3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.02% | 8.10% | -3.08% |
Volatility
FGDMX vs. PRMTX - Volatility Comparison
Fidelity Advisor Communication Services Class A (FGDMX) has a higher volatility of 7.48% compared to T. Rowe Price Communications & Technology Fund (PRMTX) at 6.37%. This indicates that FGDMX's price experiences larger fluctuations and is considered to be riskier than PRMTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGDMX | PRMTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.48% | 6.37% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 16.33% | 13.62% | +2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.53% | 16.36% | +4.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.56% | 21.82% | +1.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.97% | 21.01% | +2.96% |
FGDMX vs. PRMTX - Expense Ratio Comparison
FGDMX has a 1.03% expense ratio, which is higher than PRMTX's 0.77% expense ratio.
Dividends
FGDMX vs. PRMTX - Dividend Comparison
FGDMX's dividend yield for the trailing twelve months is around 12.34%, less than PRMTX's 26.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGDMX Fidelity Advisor Communication Services Class A | 12.34% | 7.66% | 6.90% | 0.00% | 0.00% | 5.73% | 3.76% | 35.47% | 8.84% | 0.00% | 0.00% | 0.00% |
PRMTX T. Rowe Price Communications & Technology Fund | 26.04% | 25.23% | 14.78% | 7.74% | 17.50% | 8.35% | 5.29% | 2.45% | 1.28% | 2.35% | 2.24% | 3.20% |
Frequently Asked Questions
FGDMX and PRMTX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FGDMX has higher volatility (7.48%) compared to PRMTX (6.37%). In terms of maximum drawdown, FGDMX dropped -47.60% vs PRMTX's -66.30%.
FGDMX currently has the higher Sharpe Ratio (1.16 vs -0.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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