FGHMX vs. GABTX
FGHMX (Fidelity Advisor Communication Services Class C) and GABTX (Gabelli Global Content & Connectivity Fund) are both Communications Equities funds. Over the past 5 years, FGHMX returned 10.83%/yr vs 6.04%/yr for GABTX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. FGHMX charges 1.78%/yr vs 0.96%/yr for GABTX.
Performance
FGHMX vs. GABTX - Performance Comparison
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Returns By Period
In the year-to-date period, FGHMX achieves a 3.94% return, which is significantly lower than GABTX's 11.76% return.
FGHMX
- 1D
- 1.68%
- 1M
- -4.22%
- 6M
- -0.47%
- YTD
- 3.94%
- 1Y
- 18.54%
- 3Y*
- 26.34%
- 5Y*
- 10.83%
- 10Y*
- —
- ALL TIME*
- 17.12%
GABTX
- 1D
- 1.45%
- 1M
- -1.37%
- 6M
- 9.45%
- YTD
- 11.76%
- 1Y
- 23.96%
- 3Y*
- 20.05%
- 5Y*
- 6.04%
- 10Y*
- 6.97%
- ALL TIME*
- 7.34%
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 |
FGHMX vs. GABTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FGHMX Fidelity Advisor Communication Services Class C | 3.94% | 34.91% | 34.57% | 55.30% | -38.91% | 14.78% | 34.11% | 31.72% | -7.48% |
GABTX Gabelli Global Content & Connectivity Fund | 11.76% | 27.50% | 14.94% | 22.81% | -28.59% | 5.15% | 16.44% | 15.63% | -7.48% |
Correlation
The correlation between FGHMX and GABTX is 0.60, 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. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018 | 0.78 |
The correlation between FGHMX and GABTX shifts across timeframes, from 0.60 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FGHMX vs. GABTX — Risk / Return Rank
FGHMX
GABTX
FGHMX vs. GABTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Communication Services Class C (FGHMX) and Gabelli Global Content & Connectivity Fund (GABTX). 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.
| FGHMX | GABTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.27 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 2.52 | -1.62 |
| Martin ratioReturn relative to average drawdown | 3.04 | 5.41 | -2.37 |
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Drawdowns
FGHMX vs. GABTX - Drawdown Comparison
The maximum FGHMX drawdown since its inception was -48.03%, smaller than the maximum GABTX drawdown of -69.14%. Use the drawdown chart below to compare losses from any high point for FGHMX and GABTX.
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Drawdown Indicators
| FGHMX | GABTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.03% | -69.14% | +21.11% |
Max Drawdown (1Y)Largest decline over 1 year | -17.05% | -9.11% | -7.94% |
Max Drawdown (3Y)Largest decline over 3 years | -23.32% | -15.69% | -7.63% |
Max Drawdown (5Y)Largest decline over 5 years | -48.03% | -39.83% | -8.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.83% | — |
Current DrawdownCurrent decline from peak | -7.99% | -6.62% | -1.37% |
Average DrawdownAverage peak-to-trough decline | -11.05% | -16.52% | +5.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 4.24% | +0.82% |
Volatility
FGHMX vs. GABTX - Volatility Comparison
Fidelity Advisor Communication Services Class C (FGHMX) has a higher volatility of 6.55% compared to Gabelli Global Content & Connectivity Fund (GABTX) at 4.31%. This indicates that FGHMX's price experiences larger fluctuations and is considered to be riskier than GABTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGHMX | GABTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 4.31% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 16.05% | 11.58% | +4.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.56% | 14.73% | +5.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.49% | 16.59% | +6.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.94% | 16.39% | +7.55% |
FGHMX vs. GABTX - Expense Ratio Comparison
FGHMX has a 1.78% expense ratio, which is higher than GABTX's 0.96% expense ratio.
Dividends
FGHMX vs. GABTX - Dividend Comparison
FGHMX's dividend yield for the trailing twelve months is around 13.03%, less than GABTX's 15.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGHMX Fidelity Advisor Communication Services Class C | 13.03% | 7.17% | 7.20% | 0.00% | 0.00% | 5.54% | 3.81% | 35.35% | 8.76% | 0.00% | 0.00% | 0.00% |
GABTX Gabelli Global Content & Connectivity Fund | 15.99% | 17.87% | 0.00% | 0.32% | 2.28% | 6.72% | 3.08% | 6.45% | 6.03% | 6.41% | 7.02% | 8.31% |
Frequently Asked Questions
FGHMX and GABTX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FGHMX has higher volatility (6.55%) compared to GABTX (4.31%). In terms of maximum drawdown, FGHMX dropped -48.03% vs GABTX's -69.14%.
GABTX currently has the higher Sharpe Ratio (1.56 vs 0.75), 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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