FIJYX vs. SPY
Compare and contrast key facts about Fidelity Advisor Biotechnology Fund Class Z (FIJYX) and SPDR S&P 500 ETF (SPY).
FIJYX is managed by Fidelity. It was launched on Oct 2, 2018. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIJYX or SPY.
Correlation
The correlation between FIJYX and SPY is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FIJYX vs. SPY - Performance Comparison
Key characteristics
FIJYX:
-0.39
SPY:
1.88
FIJYX:
-0.39
SPY:
2.51
FIJYX:
0.95
SPY:
1.35
FIJYX:
-0.29
SPY:
2.83
FIJYX:
-1.01
SPY:
11.89
FIJYX:
7.80%
SPY:
2.00%
FIJYX:
20.26%
SPY:
12.69%
FIJYX:
-48.13%
SPY:
-55.19%
FIJYX:
-26.91%
SPY:
-3.89%
Returns By Period
In the year-to-date period, FIJYX achieves a -4.51% return, which is significantly lower than SPY's -0.66% return.
FIJYX
-4.51%
-11.82%
-19.67%
-8.10%
-0.65%
N/A
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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FIJYX vs. SPY - Expense Ratio Comparison
FIJYX has a 0.61% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FIJYX vs. SPY — Risk-Adjusted Performance Rank
FIJYX
SPY
FIJYX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Biotechnology Fund Class Z (FIJYX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FIJYX vs. SPY - Dividend Comparison
FIJYX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIJYX Fidelity Advisor Biotechnology Fund Class Z | 0.00% | 0.00% | 1.55% | 0.00% | 1.17% | 0.27% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FIJYX vs. SPY - Drawdown Comparison
The maximum FIJYX drawdown since its inception was -48.13%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FIJYX and SPY. For additional features, visit the drawdowns tool.
Volatility
FIJYX vs. SPY - Volatility Comparison
Fidelity Advisor Biotechnology Fund Class Z (FIJYX) has a higher volatility of 8.98% compared to SPDR S&P 500 ETF (SPY) at 4.61%. This indicates that FIJYX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.