FIKBX vs. VTCLX

Last updated Aug 4, 2026

FIKBX (Fidelity Advisor Financial Services Fund Class Z) and VTCLX (Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares) are both mutual funds - FIKBX is a Financials Equities fund managed by BlackRock, while VTCLX is a Large Cap Blend Equities fund tracking the Russell 1000 Index. Over the past 5 years, FIKBX returned 13.47%/yr vs 12.06%/yr for VTCLX. Their 0.72 correlation means they have sometimes moved together and sometimes differently. FIKBX charges 0.64%/yr vs 0.05%/yr for VTCLX.

Performance

FIKBX vs. VTCLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Financial Services Fund Class Z (FIKBX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FIKBX having a 10.09% return and VTCLX slightly lower at 9.93%.

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%

VTCLX

• 1D: 0.60%
• 1M: -0.20%
• 6M: 7.78%
• YTD: 9.93%
• 1Y: 21.13%
• 3Y*: 18.88%
• 5Y*: 12.06%
• 10Y*: 15.01%
• ALL TIME*: 10.11%

*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)
FIKBX Fidelity Advisor Financial Services Fund Class Z	$0.00	$0.00	$0.00
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares	$0.00	$0.00	$0.00

FIKBX vs. VTCLX - 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%
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares	9.93%	17.44%	23.76%	26.62%	-19.07%	26.87%	21.08%	31.47%	-10.49%

Correlation

The correlation between FIKBX and VTCLX is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.54
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.72
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018	0.72

The correlation between FIKBX and VTCLX shifts across timeframes, from 0.54 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FIKBX vs. VTCLX — Risk / Return Rank

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

FIKBX

FIKBX Risk / Return Rank: 29
FIKBX Sharpe Ratio Rank: 31
FIKBX Sortino Ratio Rank: 29
FIKBX Omega Ratio Rank: 30
FIKBX Calmar Ratio Rank: 28
FIKBX Martin Ratio Rank: 25

VTCLX

VTCLX Risk / Return Rank: 57
VTCLX Sharpe Ratio Rank: 52
VTCLX Sortino Ratio Rank: 50
VTCLX Omega Ratio Rank: 49
VTCLX Calmar Ratio Rank: 60
VTCLX Martin Ratio Rank: 74

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.

FIKBX vs. VTCLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Financial Services Fund Class Z (FIKBX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). 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	VTCLX	Difference
Sharpe ratio: Return per unit of total volatility	1.09	1.48	-0.40
Sortino ratio: Return per unit of downside risk	1.54	2.07	-0.53
Omega ratio: Gain probability vs. loss probability	1.20	1.26	-0.07
Calmar ratio: Return relative to maximum drawdown	1.35	2.19	-0.84
Martin ratio: Return relative to average drawdown	3.90	9.51	-5.61

FIKBX vs. VTCLX - Sharpe Ratio Comparison

The current FIKBX Sharpe Ratio is 1.09, which is comparable to the VTCLX Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of FIKBX and VTCLX, 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

FIKBX vs. VTCLX - Drawdown Comparison

The maximum FIKBX drawdown since its inception was -45.95%, smaller than the maximum VTCLX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for FIKBX and VTCLX.

Drawdown Indicators

	FIKBX	VTCLX	Difference
Max Drawdown Largest peak-to-trough decline	-45.95%	-55.18%	+9.23%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-8.79%	-4.17%
Max Drawdown (3Y) Largest decline over 3 years	-19.38%	-19.01%	-0.37%
Max Drawdown (5Y) Largest decline over 5 years	-24.82%	-24.98%	+0.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.56%	—
Current Drawdown Current decline from peak	-0.56%	-1.24%	+0.68%
Average Drawdown Average peak-to-trough decline	-7.96%	-7.53%	-0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.50%	2.02%	+2.48%

Volatility

FIKBX vs. VTCLX - Volatility Comparison

Fidelity Advisor Financial Services Fund Class Z (FIKBX) has a higher volatility of 4.51% compared to Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) at 3.47%. This indicates that FIKBX's price experiences larger fluctuations and is considered to be riskier than VTCLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIKBX	VTCLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	3.47%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	12.20%	10.17%	+2.03%
Volatility (1Y) Calculated over the trailing 1-year period	16.18%	12.98%	+3.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.53%	17.32%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.76%	18.27%	+7.49%

FIKBX vs. VTCLX - Expense Ratio Comparison

FIKBX has a 0.64% expense ratio, which is higher than VTCLX's 0.05% expense ratio.

Dividends

FIKBX vs. VTCLX - Dividend Comparison

FIKBX's dividend yield for the trailing twelve months is around 6.46%, more than VTCLX's 0.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares	0.91%	0.93%	1.04%	1.24%	1.47%	1.04%	1.32%	1.52%	1.83%	1.57%	1.76%	1.69%

Frequently Asked Questions

Can I hold both FIKBX and VTCLX in my portfolio?

FIKBX and VTCLX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIKBX or VTCLX?

FIKBX has higher volatility (4.51%) compared to VTCLX (3.47%). In terms of maximum drawdown, FIKBX dropped -45.95% vs VTCLX's -55.18%.

Which has better risk-adjusted returns?

VTCLX currently has the higher Sharpe Ratio (1.48 vs 1.09), 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.