FHCIX vs. PRGTX

Last updated Aug 1, 2026

FHCIX (Fidelity Advisor Health Care Fund Class I) and PRGTX (T. Rowe Price Global Technology Fund) are both mutual funds - FHCIX is a Health & Biotech Equities fund managed by Fidelity, while PRGTX is a Technology Equities fund managed by T. Rowe Price. Over the past 10 years, FHCIX returned 9.56%/yr vs 17.34%/yr for PRGTX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. FHCIX charges 0.71%/yr vs 0.93%/yr for PRGTX.

Performance

FHCIX vs. PRGTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Health Care Fund Class I (FHCIX) and T. Rowe Price Global Technology Fund (PRGTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHCIX achieves a 10.66% return, which is significantly lower than PRGTX's 23.62% return. Over the past 10 years, FHCIX has underperformed PRGTX with an annualized return of 9.56%, while PRGTX has yielded a comparatively higher 17.34% annualized return.

FHCIX

• 1D: -0.03%
• 1M: -1.26%
• 6M: 10.50%
• YTD: 10.66%
• 1Y: 32.74%
• 3Y*: 9.91%
• 5Y*: 4.05%
• 10Y*: 9.56%
• ALL TIME*: 11.38%

PRGTX

• 1D: 5.19%
• 1M: -5.99%
• 6M: 20.57%
• YTD: 23.62%
• 1Y: 40.50%
• 3Y*: 30.64%
• 5Y*: 6.46%
• 10Y*: 17.34%
• ALL TIME*: 11.93%

*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)
FHCIX Fidelity Advisor Health Care Fund Class I	$0.00	$0.00	$0.00
PRGTX T. Rowe Price Global Technology Fund	$0.00	$0.00	$0.00

FHCIX vs. PRGTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FHCIX Fidelity Advisor Health Care Fund Class I	10.66%	14.48%	4.22%	4.07%	-12.84%	11.53%	21.40%	28.22%	7.51%	24.38%
PRGTX T. Rowe Price Global Technology Fund	23.62%	27.28%	33.12%	55.92%	-55.53%	8.85%	75.77%	34.22%	-10.07%	47.09%

Correlation

The correlation between FHCIX and PRGTX is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (3Y) Balances recent behavior with more history.	0.38
Correlation (5Y) Shows whether the relationship held over a longer period.	0.54
Correlation (10Y) Provides a long-term view across more market conditions.	0.58
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.62

Over the past year, the correlation between FHCIX and PRGTX has dropped to 0.24 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

FHCIX vs. PRGTX — Risk / Return Rank

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

FHCIX

FHCIX Risk / Return Rank: 69
FHCIX Sharpe Ratio Rank: 79
FHCIX Sortino Ratio Rank: 80
FHCIX Omega Ratio Rank: 71
FHCIX Calmar Ratio Rank: 72
FHCIX Martin Ratio Rank: 43

PRGTX

PRGTX Risk / Return Rank: 50
PRGTX Sharpe Ratio Rank: 48
PRGTX Sortino Ratio Rank: 43
PRGTX Omega Ratio Rank: 47
PRGTX Calmar Ratio Rank: 61
PRGTX Martin Ratio Rank: 50

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.

FHCIX vs. PRGTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Health Care Fund Class I (FHCIX) and T. Rowe Price Global Technology Fund (PRGTX). 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.

	FHCIX	PRGTX	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.27	+0.58
Sortino ratio: Return per unit of downside risk	2.76	1.74	+1.02
Omega ratio: Gain probability vs. loss probability	1.31	1.23	+0.08
Calmar ratio: Return relative to maximum drawdown	2.35	1.99	+0.36
Martin ratio: Return relative to average drawdown	6.17	6.74	-0.57

FHCIX vs. PRGTX - Sharpe Ratio Comparison

The current FHCIX Sharpe Ratio is 1.85, which is higher than the PRGTX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of FHCIX and PRGTX, 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

FHCIX vs. PRGTX - Drawdown Comparison

The maximum FHCIX drawdown since its inception was -44.75%, smaller than the maximum PRGTX drawdown of -71.18%. Use the drawdown chart below to compare losses from any high point for FHCIX and PRGTX.

Drawdown Indicators

	FHCIX	PRGTX	Difference
Max Drawdown Largest peak-to-trough decline	-44.75%	-71.18%	+26.43%
Max Drawdown (1Y) Largest decline over 1 year	-13.37%	-18.50%	+5.13%
Max Drawdown (3Y) Largest decline over 3 years	-17.38%	-26.67%	+9.29%
Max Drawdown (5Y) Largest decline over 5 years	-29.24%	-65.29%	+36.05%
Max Drawdown (10Y) Largest decline over 10 years	-29.24%	-65.29%	+36.05%
Current Drawdown Current decline from peak	-2.48%	-14.26%	+11.78%
Average Drawdown Average peak-to-trough decline	-9.16%	-21.45%	+12.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.08%	5.45%	-0.37%

Volatility

FHCIX vs. PRGTX - Volatility Comparison

The current volatility for Fidelity Advisor Health Care Fund Class I (FHCIX) is 5.13%, while T. Rowe Price Global Technology Fund (PRGTX) has a volatility of 11.71%. This indicates that FHCIX experiences smaller price fluctuations and is considered to be less risky than PRGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHCIX	PRGTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	11.71%	-6.58%
Volatility (6M) Calculated over the trailing 6-month period	13.45%	25.46%	-12.01%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	29.02%	-12.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.17%	32.66%	-14.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.81%	28.83%	-10.02%

FHCIX vs. PRGTX - Expense Ratio Comparison

FHCIX has a 0.71% expense ratio, which is lower than PRGTX's 0.93% expense ratio.

Dividends

FHCIX vs. PRGTX - Dividend Comparison

FHCIX's dividend yield for the trailing twelve months is around 10.45%, while PRGTX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHCIX Fidelity Advisor Health Care Fund Class I	10.45%	11.56%	10.92%	0.00%	0.00%	5.64%	5.72%	0.48%	4.65%	0.06%	0.00%	6.29%
PRGTX T. Rowe Price Global Technology Fund	0.00%	0.00%	0.00%	0.00%	3.28%	27.71%	5.05%	0.15%	24.67%	15.81%	9.46%	10.03%

Frequently Asked Questions

Can I hold both FHCIX and PRGTX in my portfolio?

FHCIX and PRGTX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FHCIX or PRGTX?

PRGTX has higher volatility (11.71%) compared to FHCIX (5.13%). In terms of maximum drawdown, FHCIX dropped -44.75% vs PRGTX's -71.18%.

Which has better risk-adjusted returns?

FHCIX currently has the higher Sharpe Ratio (1.85 vs 1.27), 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.