FIKBX vs. FIDAX
FIKBX (Fidelity Advisor Financial Services Fund Class Z) and FIDAX (John Hancock Financial Industries Fund) are both Financials Equities funds from BlackRock. Over the past 5 years, FIKBX returned 13.47%/yr vs 8.70%/yr for FIDAX. Their 0.96 correlation means they have historically moved very closely together. FIKBX charges 0.64%/yr vs 1.24%/yr for FIDAX.
Performance
FIKBX vs. FIDAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FIKBX achieves a 10.09% return, which is significantly higher than FIDAX's 7.04% return.
FIKBX
- 1D
- 0.19%
- 1M
- 3.19%
- 6M
- 8.70%
- YTD
- 10.09%
- 1Y
- 20.21%
- 3Y*
- 23.08%
- 5Y*
- 13.47%
- 10Y*
- —
- ALL TIME*
- 14.17%
FIDAX
- 1D
- -0.34%
- 1M
- 2.39%
- 6M
- 5.34%
- YTD
- 7.04%
- 1Y
- 17.40%
- 3Y*
- 18.18%
- 5Y*
- 8.70%
- 10Y*
- 11.21%
- ALL TIME*
- 7.69%
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 |
FIKBX vs. FIDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIKBX Fidelity Advisor Financial Services Fund Class Z | 10.09% | 15.36% | 32.80% | 14.47% | -8.58% | 33.43% | 0.18% | 34.31% | -11.43% |
FIDAX John Hancock Financial Industries Fund | 7.04% | 12.05% | 30.09% | 5.01% | -14.17% | 28.80% | 1.58% | 31.21% | -13.40% |
Correlation
The correlation between FIKBX and FIDAX is 0.94, 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. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.96 |
The correlation between FIKBX and FIDAX has been stable across timeframes, ranging from 0.94 to 0.97 - 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
FIKBX vs. FIDAX — Risk / Return Rank
FIKBX
FIDAX
FIKBX vs. FIDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Financial Services Fund Class Z (FIKBX) and John Hancock Financial Industries Fund (FIDAX). 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.
| FIKBX | FIDAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.11 | +0.25 |
| Martin ratioReturn relative to average drawdown | 3.90 | 3.14 | +0.76 |
Loading charts...
Drawdowns
FIKBX vs. FIDAX - Drawdown Comparison
The maximum FIKBX drawdown since its inception was -45.95%, smaller than the maximum FIDAX drawdown of -70.42%. Use the drawdown chart below to compare losses from any high point for FIKBX and FIDAX.
Loading charts...
Drawdown Indicators
| FIKBX | FIDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.95% | -70.42% | +24.47% |
Max Drawdown (1Y)Largest decline over 1 year | -12.96% | -13.82% | +0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -19.38% | -19.35% | -0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.82% | -30.89% | +6.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.09% | — |
Current DrawdownCurrent decline from peak | -0.56% | -1.42% | +0.86% |
Average DrawdownAverage peak-to-trough decline | -7.96% | -14.00% | +6.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 4.86% | -0.36% |
Volatility
FIKBX vs. FIDAX - Volatility Comparison
Fidelity Advisor Financial Services Fund Class Z (FIKBX) has a higher volatility of 4.51% compared to John Hancock Financial Industries Fund (FIDAX) at 3.99%. This indicates that FIKBX's price experiences larger fluctuations and is considered to be riskier than FIDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FIKBX | FIDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 3.99% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 12.10% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.18% | 16.18% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.53% | 20.51% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.76% | 21.80% | +3.96% |
FIKBX vs. FIDAX - Expense Ratio Comparison
FIKBX has a 0.64% expense ratio, which is lower than FIDAX's 1.24% expense ratio.
Dividends
FIKBX vs. FIDAX - Dividend Comparison
FIKBX's dividend yield for the trailing twelve months is around 6.46%, less than FIDAX's 45.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDAX John Hancock Financial Industries Fund | 45.02% | 48.19% | 10.24% | 1.91% | 11.22% | 23.08% | 5.41% | 7.56% | 7.72% | 6.10% | 6.01% | 0.93% |
FIKBX Fidelity Advisor Financial Services Fund Class Z | 6.46% | 7.11% | 5.04% | 2.48% | 6.20% | 4.43% | 2.78% | 1.59% | 4.47% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, FIKBX and FIDAX 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.
FIKBX has higher volatility (4.51%) compared to FIDAX (3.99%). In terms of maximum drawdown, FIKBX dropped -45.95% vs FIDAX's -70.42%.
FIKBX currently has the higher Sharpe Ratio (1.09 vs 0.95), 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 FIKBX and FIDAX
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