FHCCX vs. SHSSX
FHCCX (Fidelity Advisor Health Care Fund Class C) and SHSSX (Health Sciences Opportunities Fund Class Institutional) are both Health & Biotech Equities funds. Over the past 10 years, FHCCX returned 6.38%/yr vs 10.08%/yr for SHSSX. Their correlation of 0.92 means they have usually moved in the same direction. FHCCX charges 1.72%/yr vs 0.84%/yr for SHSSX.
Performance
FHCCX vs. SHSSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FHCCX achieves a 8.12% return, which is significantly higher than SHSSX's 4.92% return. Over the past 10 years, FHCCX has underperformed SHSSX with an annualized return of 6.38%, while SHSSX has yielded a comparatively higher 10.08% annualized return.
FHCCX
- 1D
- -1.75%
- 1M
- -3.04%
- 6M
- 7.24%
- YTD
- 8.12%
- 1Y
- 7.68%
- 3Y*
- 2.07%
- 5Y*
- -1.00%
- 10Y*
- 6.38%
- ALL TIME*
- 9.24%
SHSSX
- 1D
- -1.10%
- 1M
- -2.42%
- 6M
- 3.92%
- YTD
- 4.92%
- 1Y
- 24.78%
- 3Y*
- 9.13%
- 5Y*
- 4.87%
- 10Y*
- 10.08%
- ALL TIME*
- 12.12%
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 |
FHCCX vs. SHSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHCCX Fidelity Advisor Health Care Fund Class C | 8.12% | -5.49% | 3.20% | 3.02% | -13.72% | 10.43% | 20.15% | 26.96% | 6.37% | 23.12% |
SHSSX Health Sciences Opportunities Fund Class Institutional | 4.92% | 16.13% | 4.00% | 3.86% | -5.72% | 12.17% | 19.54% | 25.63% | 8.24% | 25.02% |
Correlation
The correlation between FHCCX and SHSSX is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.89 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.92 |
The correlation between FHCCX and SHSSX has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FHCCX vs. SHSSX — Risk / Return Rank
FHCCX
SHSSX
FHCCX vs. SHSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Health Care Fund Class C (FHCCX) and Health Sciences Opportunities Fund Class Institutional (SHSSX). 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.
| FHCCX | SHSSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.29 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.27 | 2.58 | -2.31 |
| Martin ratioReturn relative to average drawdown | 0.47 | 6.19 | -5.71 |
Loading charts...
Drawdowns
FHCCX vs. SHSSX - Drawdown Comparison
The maximum FHCCX drawdown since its inception was -45.28%, which is greater than SHSSX's maximum drawdown of -35.40%. Use the drawdown chart below to compare losses from any high point for FHCCX and SHSSX.
Loading charts...
Drawdown Indicators
| FHCCX | SHSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.28% | -35.40% | -9.88% |
Max Drawdown (1Y)Largest decline over 1 year | -27.25% | -9.83% | -17.42% |
Max Drawdown (3Y)Largest decline over 3 years | -27.25% | -15.95% | -11.30% |
Max Drawdown (5Y)Largest decline over 5 years | -29.67% | -17.90% | -11.77% |
Max Drawdown (10Y)Largest decline over 10 years | -29.67% | -28.34% | -1.33% |
Current DrawdownCurrent decline from peak | -12.81% | -2.84% | -9.97% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -5.96% | -4.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.52% | 4.09% | +11.43% |
Volatility
FHCCX vs. SHSSX - Volatility Comparison
Fidelity Advisor Health Care Fund Class C (FHCCX) and Health Sciences Opportunities Fund Class Institutional (SHSSX) have volatilities of 5.40% and 5.37%, 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.
Loading charts...
Volatility by Period
| FHCCX | SHSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 5.37% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 13.57% | 11.78% | +1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.51% | 14.98% | +9.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.79% | 14.67% | +5.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.62% | 16.60% | +3.02% |
FHCCX vs. SHSSX - Expense Ratio Comparison
FHCCX has a 1.72% expense ratio, which is higher than SHSSX's 0.84% expense ratio.
Dividends
FHCCX vs. SHSSX - Dividend Comparison
FHCCX has not paid dividends to shareholders, while SHSSX's dividend yield for the trailing twelve months is around 14.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHCCX Fidelity Advisor Health Care Fund Class C | 0.00% | 0.00% | 17.59% | 0.00% | 0.00% | 8.32% | 6.85% | 0.41% | 6.43% | 0.00% | 0.00% | 7.84% |
SHSSX Health Sciences Opportunities Fund Class Institutional | 14.25% | 9.90% | 8.68% | 3.82% | 7.20% | 8.96% | 4.18% | 3.87% | 8.44% | 3.59% | 2.33% | 12.29% |
Frequently Asked Questions
FHCCX and SHSSX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FHCCX has higher volatility (5.40%) compared to SHSSX (5.37%). In terms of maximum drawdown, FHCCX dropped -45.28% vs SHSSX's -35.40%.
SHSSX currently has the higher Sharpe Ratio (1.71 vs 0.30), 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.
Find the right allocation for FHCCX and SHSSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer