FGJMX vs. FBMPX

Last updated Aug 1, 2026

FGJMX (Fidelity Advisor Communication Services Class I) and FBMPX (Fidelity Select Communication Services Portfolio) are both Communications Equities funds from Fidelity. Over the past 5 years, FGJMX returned 11.75%/yr vs 11.71%/yr for FBMPX. Their 1.00 correlation means they have historically moved very closely together. FGJMX charges 0.75%/yr vs 0.64%/yr for FBMPX.

Performance

FGJMX vs. FBMPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Communication Services Class I (FGJMX) and Fidelity Select Communication Services Portfolio (FBMPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FGJMX having a 2.82% return and FBMPX slightly higher at 2.86%.

FGJMX

• 1D: -1.81%
• 1M: -5.72%
• 6M: -1.56%
• YTD: 2.82%
• 1Y: 17.76%
• 3Y*: 27.14%
• 5Y*: 11.75%
• 10Y*: —
• ALL TIME*: 18.19%

FBMPX

• 1D: -1.81%
• 1M: -5.72%
• 6M: -1.53%
• YTD: 2.86%
• 1Y: 17.82%
• 3Y*: 27.10%
• 5Y*: 11.71%
• 10Y*: 16.31%
• ALL TIME*: 13.34%

*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)
FBMPX Fidelity Select Communication Services Portfolio	$0.00	$0.00	$0.00
FGJMX Fidelity Advisor Communication Services Class I	$0.00	$0.00	$0.00

FGJMX vs. FBMPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FGJMX Fidelity Advisor Communication Services Class I	2.82%	37.24%	35.98%	56.89%	-38.29%	15.96%	35.51%	33.18%	-7.40%
FBMPX Fidelity Select Communication Services Portfolio	2.86%	37.07%	35.98%	56.85%	-38.30%	15.97%	35.48%	33.14%	-8.11%

Correlation

The correlation between FGJMX and FBMPX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	1.00
Correlation (3Y) Balances recent behavior with more history.	1.00
Correlation (5Y) Shows whether the relationship held over a longer period.	1.00
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018	1.00

The correlation between FGJMX and FBMPX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

FGJMX vs. FBMPX — Risk / Return Rank

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

FGJMX

FGJMX Risk / Return Rank: 24
FGJMX Sharpe Ratio Rank: 24
FGJMX Sortino Ratio Rank: 25
FGJMX Omega Ratio Rank: 24
FGJMX Calmar Ratio Rank: 21
FGJMX Martin Ratio Rank: 24

FBMPX

FBMPX Risk / Return Rank: 26
FBMPX Sharpe Ratio Rank: 27
FBMPX Sortino Ratio Rank: 27
FBMPX Omega Ratio Rank: 27
FBMPX Calmar Ratio Rank: 24
FBMPX Martin Ratio Rank: 26

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.

FGJMX vs. FBMPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Communication Services Class I (FGJMX) and Fidelity Select Communication Services Portfolio (FBMPX). 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.

	FGJMX	FBMPX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	0.87	0.00
Sortino ratio: Return per unit of downside risk	1.30	1.31	0.00
Omega ratio: Gain probability vs. loss probability	1.16	1.16	0.00
Calmar ratio: Return relative to maximum drawdown	1.05	1.05	0.00
Martin ratio: Return relative to average drawdown	3.56	3.58	-0.01

FGJMX vs. FBMPX - Sharpe Ratio Comparison

The current FGJMX Sharpe Ratio is 0.87, which is comparable to the FBMPX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of FGJMX and FBMPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FGJMX vs. FBMPX - Drawdown Comparison

The maximum FGJMX drawdown since its inception was -47.41%, smaller than the maximum FBMPX drawdown of -61.77%. Use the drawdown chart below to compare losses from any high point for FGJMX and FBMPX.

Drawdown Indicators

	FGJMX	FBMPX	Difference
Max Drawdown Largest peak-to-trough decline	-47.41%	-61.77%	+14.36%
Max Drawdown (1Y) Largest decline over 1 year	-16.91%	-16.90%	-0.01%
Max Drawdown (3Y) Largest decline over 3 years	-23.20%	-23.20%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-47.41%	-47.42%	+0.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-47.42%	—
Current Drawdown Current decline from peak	-9.35%	-9.34%	-0.01%
Average Drawdown Average peak-to-trough decline	-10.62%	-10.61%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.97%	4.97%	0.00%

Volatility

FGJMX vs. FBMPX - Volatility Comparison

Fidelity Advisor Communication Services Class I (FGJMX) and Fidelity Select Communication Services Portfolio (FBMPX) have volatilities of 6.85% and 6.85%, 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

	FGJMX	FBMPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.85%	6.85%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	16.12%	16.12%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	20.51%	20.50%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.51%	23.50%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.95%	22.09%	+1.86%

FGJMX vs. FBMPX - Expense Ratio Comparison

FGJMX has a 0.75% expense ratio, which is higher than FBMPX's 0.64% expense ratio.

Dividends

FGJMX vs. FBMPX - Dividend Comparison

FGJMX's dividend yield for the trailing twelve months is around 13.08%, which matches FBMPX's 13.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBMPX Fidelity Select Communication Services Portfolio	13.02%	8.09%	7.05%	0.00%	0.00%	5.88%	3.74%	35.43%	15.29%	5.53%	7.50%	7.29%
FGJMX Fidelity Advisor Communication Services Class I	13.08%	8.34%	7.12%	0.00%	0.00%	5.92%	3.74%	35.50%	8.87%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FGJMX and FBMPX in my portfolio?

With a correlation of 1.00, FGJMX and FBMPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FGJMX or FBMPX?

FBMPX has higher volatility (6.85%) compared to FGJMX (6.85%). In terms of maximum drawdown, FGJMX dropped -47.41% vs FBMPX's -61.77%.

Which has better risk-adjusted returns?

FBMPX currently has the higher Sharpe Ratio (0.87 vs 0.87), 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.