FGHMX vs. FGKMX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Communication Services Class C (FGHMX) and Fidelity Advisor Communication Services Class Z (FGKMX).

FGHMX is managed by Fidelity. It was launched on Nov 30, 2018. FGKMX is managed by Fidelity. It was launched on Nov 30, 2018.

Performance

FGHMX vs. FGKMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Communication Services Class C (FGHMX) and Fidelity Advisor Communication Services Class Z (FGKMX). The values are adjusted to include any dividend payments, if applicable.

FGHMX vs. FGKMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FGHMX Fidelity Advisor Communication Services Class C	-11.91%	34.91%	34.57%	55.30%	-38.91%	14.78%	34.11%	31.72%	-7.48%
FGKMX Fidelity Advisor Communication Services Class Z	-11.67%	36.91%	33.04%	57.12%	-38.20%	16.12%	35.66%	33.34%	-7.39%

Returns By Period

The year-to-date returns for both investments are quite close, with FGHMX having a -11.91% return and FGKMX slightly higher at -11.67%.

FGHMX

• 1D: -0.17%
• 1M: -11.56%
• YTD: -11.91%
• 6M: -9.64%
• 1Y: 25.48%
• 3Y*: 27.13%
• 5Y*: 9.79%
• 10Y*: —

FGKMX

• 1D: -0.17%
• 1M: -11.47%
• YTD: -11.67%
• 6M: -9.14%
• 1Y: 27.34%
• 3Y*: 27.76%
• 5Y*: 10.63%
• 10Y*: —

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

FGHMX vs. FGKMX - Expense Ratio Comparison

FGHMX has a 1.78% expense ratio, which is higher than FGKMX's 0.62% expense ratio.

FGHMX

Fidelity Advisor Communication Services Class C

FGKMX

Fidelity Advisor Communication Services Class Z

Return for Risk

FGHMX vs. FGKMX — Risk / Return Rank

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

FGHMX

FGHMX Risk / Return Rank: 57
FGHMX Sharpe Ratio Rank: 62
FGHMX Sortino Ratio Rank: 65
FGHMX Omega Ratio Rank: 57
FGHMX Calmar Ratio Rank: 52
FGHMX Martin Ratio Rank: 47

FGKMX

FGKMX Risk / Return Rank: 63
FGKMX Sharpe Ratio Rank: 67
FGKMX Sortino Ratio Rank: 70
FGKMX Omega Ratio Rank: 63
FGKMX Calmar Ratio Rank: 58
FGKMX Martin Ratio Rank: 54

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.

FGHMX vs. FGKMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Communication Services Class C (FGHMX) and Fidelity Advisor Communication Services Class Z (FGKMX). 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.

	FGHMX	FGKMX	Difference
Sharpe ratio Return per unit of total volatility	1.12	1.20	-0.08
Sortino ratio Return per unit of downside risk	1.66	1.76	-0.10
Omega ratio Gain probability vs. loss probability	1.23	1.24	-0.01
Calmar ratio Return relative to maximum drawdown	1.26	1.38	-0.12
Martin ratio Return relative to average drawdown	4.81	5.29	-0.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGHMX vs. FGKMX - Sharpe Ratio Comparison

The current FGHMX Sharpe Ratio is 1.12, which is comparable to the FGKMX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of FGHMX and FGKMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FGHMX	FGKMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	1.20	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.46	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.69	-0.04

Correlation

The correlation between FGHMX and FGKMX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FGHMX vs. FGKMX - Dividend Comparison

FGHMX's dividend yield for the trailing twelve months is around 8.14%, less than FGKMX's 8.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FGHMX Fidelity Advisor Communication Services Class C	8.14%	7.17%	7.20%	0.00%	0.00%	5.54%	3.81%	35.35%	8.76%
FGKMX Fidelity Advisor Communication Services Class Z	8.96%	7.92%	4.85%	0.00%	0.00%	5.92%	3.73%	35.55%	8.88%

Drawdowns

FGHMX vs. FGKMX - Drawdown Comparison

The maximum FGHMX drawdown since its inception was -48.03%, roughly equal to the maximum FGKMX drawdown of -47.32%. Use the drawdown chart below to compare losses from any high point for FGHMX and FGKMX.

Drawdown Indicators

	FGHMX	FGKMX	Difference
Max Drawdown Largest peak-to-trough decline	-48.03%	-47.32%	-0.71%
Max Drawdown (1Y) Largest decline over 1 year	-17.05%	-16.89%	-0.16%
Max Drawdown (5Y) Largest decline over 5 years	-48.03%	-47.32%	-0.71%
Current Drawdown Current decline from peak	-17.05%	-16.89%	-0.16%
Average Drawdown Average peak-to-trough decline	-11.39%	-10.90%	-0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	4.40%	+0.06%

Volatility

FGHMX vs. FGKMX - Volatility Comparison

Fidelity Advisor Communication Services Class C (FGHMX) and Fidelity Advisor Communication Services Class Z (FGKMX) have volatilities of 7.08% and 7.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGHMX	FGKMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.08%	7.08%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	13.80%	13.79%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	23.01%	23.04%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.13%	23.13%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.00%	24.00%	0.00%