FIKAX vs. FENY
Compare and contrast key facts about Fidelity Advisor Energy Fund Class Z (FIKAX) and Fidelity MSCI Energy Index ETF (FENY).
FIKAX is managed by Fidelity. It was launched on Oct 2, 2018. FENY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Energy Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKAX or FENY.
Correlation
The correlation between FIKAX and FENY is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FIKAX vs. FENY - Performance Comparison
Key characteristics
FIKAX:
0.46
FENY:
0.59
FIKAX:
0.73
FENY:
0.90
FIKAX:
1.09
FENY:
1.11
FIKAX:
0.53
FENY:
0.77
FIKAX:
1.06
FENY:
1.68
FIKAX:
8.29%
FENY:
6.45%
FIKAX:
19.05%
FENY:
18.36%
FIKAX:
-71.12%
FENY:
-74.35%
FIKAX:
-9.55%
FENY:
-7.15%
Returns By Period
The year-to-date returns for both stocks are quite close, with FIKAX having a 4.18% return and FENY slightly lower at 4.07%.
FIKAX
4.18%
-1.84%
-2.33%
9.97%
16.05%
N/A
FENY
4.07%
-2.40%
1.20%
12.13%
15.97%
4.23%
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FIKAX vs. FENY - Expense Ratio Comparison
FIKAX has a 0.63% expense ratio, which is higher than FENY's 0.08% expense ratio.
Risk-Adjusted Performance
FIKAX vs. FENY — Risk-Adjusted Performance Rank
FIKAX
FENY
FIKAX vs. FENY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Energy Fund Class Z (FIKAX) and Fidelity MSCI Energy Index ETF (FENY). 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
FIKAX vs. FENY - Dividend Comparison
FIKAX's dividend yield for the trailing twelve months is around 1.00%, less than FENY's 2.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIKAX Fidelity Advisor Energy Fund Class Z | 1.00% | 1.05% | 2.29% | 2.29% | 2.43% | 3.54% | 2.02% | 1.46% | 0.00% | 0.00% | 0.00% | 0.00% |
FENY Fidelity MSCI Energy Index ETF | 2.93% | 3.05% | 3.33% | 3.33% | 3.69% | 4.60% | 6.43% | 3.21% | 2.94% | 2.29% | 3.05% | 1.91% |
Drawdowns
FIKAX vs. FENY - Drawdown Comparison
The maximum FIKAX drawdown since its inception was -71.12%, roughly equal to the maximum FENY drawdown of -74.35%. Use the drawdown chart below to compare losses from any high point for FIKAX and FENY. For additional features, visit the drawdowns tool.
Volatility
FIKAX vs. FENY - Volatility Comparison
Fidelity Advisor Energy Fund Class Z (FIKAX) and Fidelity MSCI Energy Index ETF (FENY) have volatilities of 6.57% and 6.29%, 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.