FIDAX vs. PRISX

Last updated Jun 3, 2026

FIDAX (John Hancock Financial Industries Fund) and PRISX (T. Rowe Price Financial Services Fund) are both Financials Equities funds from BlackRock. Over the past 10 years, FIDAX returned 9.77%/yr vs 14.49%/yr for PRISX. With a 0.96 correlation, they move nearly in lockstep. FIDAX charges 1.24%/yr vs 0.88%/yr for PRISX.

Performance

FIDAX vs. PRISX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Financial Industries Fund (FIDAX) and T. Rowe Price Financial Services Fund (PRISX). 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 FIDAX having a -2.57% return and PRISX slightly higher at -2.49%. Over the past 10 years, FIDAX has underperformed PRISX with an annualized return of 9.77%, while PRISX has yielded a comparatively higher 14.49% annualized return.

FIDAX

• 1D: -0.97%
• 1M: -1.63%
• YTD: -2.57%
• 6M: 3.06%
• 1Y: 5.43%
• 3Y*: 17.87%
• 5Y*: 6.03%
• 10Y*: 9.77%

PRISX

• 1D: 0.11%
• 1M: 0.26%
• YTD: -2.49%
• 6M: 1.19%
• 1Y: 10.16%
• 3Y*: 22.69%
• 5Y*: 10.16%
• 10Y*: 14.49%

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

FIDAX vs. PRISX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIDAX John Hancock Financial Industries Fund	-2.57%	12.05%	30.09%	5.01%	-14.17%	28.80%	1.58%	31.21%	-15.30%	11.00%
PRISX T. Rowe Price Financial Services Fund	-2.49%	18.75%	30.87%	14.95%	-10.99%	37.83%	5.65%	32.84%	-10.12%	19.17%

Correlation

The correlation between FIDAX and PRISX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 3, 1997	0.96

The correlation between FIDAX and PRISX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

FIDAX vs. PRISX — Risk / Return Rank

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

FIDAX

FIDAX Risk / Return Rank: 5
FIDAX Sharpe Ratio Rank: 5
FIDAX Sortino Ratio Rank: 5
FIDAX Omega Ratio Rank: 5
FIDAX Calmar Ratio Rank: 5
FIDAX Martin Ratio Rank: 5

PRISX

PRISX Risk / Return Rank: 8
PRISX Sharpe Ratio Rank: 8
PRISX Sortino Ratio Rank: 8
PRISX Omega Ratio Rank: 8
PRISX Calmar Ratio Rank: 7
PRISX Martin Ratio Rank: 7

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.

FIDAX vs. PRISX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Financial Industries Fund (FIDAX) and T. Rowe Price Financial Services Fund (PRISX). 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.

	FIDAX	PRISX	Difference
Sharpe ratio Return per unit of total volatility	0.36	0.68	-0.32
Sortino ratio Return per unit of downside risk	0.59	1.00	-0.41
Omega ratio Gain probability vs. loss probability	1.08	1.13	-0.05
Calmar ratio Return relative to maximum drawdown	0.45	0.77	-0.32
Martin ratio Return relative to average drawdown	1.27	2.17	-0.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIDAX vs. PRISX - Sharpe Ratio Comparison

The current FIDAX Sharpe Ratio is 0.36, which is lower than the PRISX Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of FIDAX and PRISX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIDAX	PRISX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	0.68	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.50	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.67	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.43	-0.11

Drawdowns

FIDAX vs. PRISX - Drawdown Comparison

The maximum FIDAX drawdown since its inception was -70.42%, roughly equal to the maximum PRISX drawdown of -67.34%. Use the drawdown chart below to compare losses from any high point for FIDAX and PRISX.

Drawdown Indicators

	FIDAX	PRISX	Difference
Max Drawdown Largest peak-to-trough decline	-70.42%	-67.34%	-3.08%
Max Drawdown (1Y) Largest decline over 1 year	-13.82%	-13.92%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	-18.06%	-1.29%
Max Drawdown (5Y) Largest decline over 5 years	-30.89%	-26.95%	-3.94%
Max Drawdown (10Y) Largest decline over 10 years	-42.09%	-42.86%	+0.77%
Current Drawdown Current decline from peak	-5.88%	-5.56%	-0.32%
Average Drawdown Average peak-to-trough decline	-14.07%	-11.25%	-2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	4.93%	-0.04%

Volatility

FIDAX vs. PRISX - Volatility Comparison

John Hancock Financial Industries Fund (FIDAX) and T. Rowe Price Financial Services Fund (PRISX) have volatilities of 3.31% and 3.21%, 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

	FIDAX	PRISX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.21%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	12.18%	11.83%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	15.96%	15.67%	+0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.68%	20.24%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.99%	21.86%	+0.13%

FIDAX vs. PRISX - Expense Ratio Comparison

FIDAX has a 1.24% expense ratio, which is higher than PRISX's 0.88% expense ratio.

Dividends

FIDAX vs. PRISX - Dividend Comparison

FIDAX's dividend yield for the trailing twelve months is around 49.46%, more than PRISX's 7.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIDAX John Hancock Financial Industries Fund	49.46%	48.19%	10.24%	1.91%	11.22%	23.08%	5.41%	7.56%	7.72%	6.10%	6.01%	0.93%
PRISX T. Rowe Price Financial Services Fund	7.04%	6.87%	8.74%	2.00%	2.08%	3.00%	10.22%	6.14%	11.97%	4.68%	1.00%	3.86%

Frequently Asked Questions

Can I hold both FIDAX and PRISX in my portfolio?

With a correlation of 0.96, FIDAX and PRISX 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, FIDAX or PRISX?

FIDAX has higher volatility (3.31%) compared to PRISX (3.21%). In terms of maximum drawdown, FIDAX dropped -70.42% vs PRISX's -67.34%.

Which has better risk-adjusted returns?

PRISX currently has the higher Sharpe Ratio (0.68 vs 0.36), 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.