FIKGX vs. HTECX
FIKGX (Fidelity Advisor Semiconductors Fund Class Z) and HTECX (Hennessy Technology Fund) are both Technology Equities funds. Over the past 5 years, FIKGX returned 34.11%/yr vs 10.83%/yr for HTECX. Their correlation of 0.84 means they have usually moved in the same direction. FIKGX charges 0.62%/yr vs 1.23%/yr for HTECX.
Performance
FIKGX vs. HTECX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FIKGX achieves a 48.27% return, which is significantly higher than HTECX's 23.44% return.
FIKGX
- 1D
- 7.40%
- 1M
- -8.92%
- 6M
- 32.71%
- YTD
- 48.27%
- 1Y
- 85.72%
- 3Y*
- 43.91%
- 5Y*
- 34.11%
- 10Y*
- —
- ALL TIME*
- 36.37%
HTECX
- 1D
- 0.23%
- 1M
- 3.09%
- 6M
- 23.95%
- YTD
- 23.44%
- 1Y
- 36.30%
- 3Y*
- 21.04%
- 5Y*
- 10.83%
- 10Y*
- 14.50%
- ALL TIME*
- 7.67%
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 |
FIKGX vs. HTECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIKGX Fidelity Advisor Semiconductors Fund Class Z | 48.27% | 45.43% | 35.88% | 75.75% | -34.81% | 58.07% | 44.21% | 64.45% | -11.11% |
HTECX Hennessy Technology Fund | 23.44% | 15.48% | 17.29% | 35.95% | -26.28% | 14.75% | 24.45% | 39.13% | -11.10% |
Correlation
The correlation between FIKGX and HTECX is 0.63, 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. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.84 |
Over the past year, the correlation between FIKGX and HTECX has dropped to 0.63 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.
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
FIKGX vs. HTECX — Risk / Return Rank
FIKGX
HTECX
FIKGX vs. HTECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class Z (FIKGX) and Hennessy Technology Fund (HTECX). 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.
| FIKGX | HTECX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 2.12 | +0.89 |
| Martin ratioReturn relative to average drawdown | 12.73 | 6.20 | +6.53 |
Loading charts...
Drawdowns
FIKGX vs. HTECX - Drawdown Comparison
The maximum FIKGX drawdown since its inception was -45.98%, smaller than the maximum HTECX drawdown of -58.85%. Use the drawdown chart below to compare losses from any high point for FIKGX and HTECX.
Loading charts...
Drawdown Indicators
| FIKGX | HTECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.98% | -58.85% | +12.87% |
Max Drawdown (1Y)Largest decline over 1 year | -26.88% | -15.01% | -11.87% |
Max Drawdown (3Y)Largest decline over 3 years | -39.67% | -26.64% | -13.03% |
Max Drawdown (5Y)Largest decline over 5 years | -45.98% | -34.88% | -11.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.00% | — |
Current DrawdownCurrent decline from peak | -21.46% | -0.15% | -21.31% |
Average DrawdownAverage peak-to-trough decline | -9.83% | -11.89% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.35% | 5.13% | +1.22% |
Volatility
FIKGX vs. HTECX - Volatility Comparison
Fidelity Advisor Semiconductors Fund Class Z (FIKGX) has a higher volatility of 16.84% compared to Hennessy Technology Fund (HTECX) at 5.26%. This indicates that FIKGX's price experiences larger fluctuations and is considered to be riskier than HTECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FIKGX | HTECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.84% | 5.26% | +11.58% |
Volatility (6M)Calculated over the trailing 6-month period | 34.46% | 17.51% | +16.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.70% | 21.79% | +18.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.93% | 24.51% | +15.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.08% | 23.80% | +15.28% |
FIKGX vs. HTECX - Expense Ratio Comparison
FIKGX has a 0.62% expense ratio, which is lower than HTECX's 1.23% expense ratio.
Dividends
FIKGX vs. HTECX - Dividend Comparison
FIKGX's dividend yield for the trailing twelve months is around 4.50%, less than HTECX's 17.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FIKGX Fidelity Advisor Semiconductors Fund Class Z | 4.50% | 6.67% | 0.00% | 3.14% | 3.08% | 4.19% | 4.54% | 1.08% | 19.72% | 0.00% |
HTECX Hennessy Technology Fund | 17.14% | 21.16% | 4.28% | 0.00% | 0.07% | 33.37% | 3.58% | 2.65% | 15.54% | 9.60% |
Frequently Asked Questions
FIKGX and HTECX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIKGX has higher volatility (16.84%) compared to HTECX (5.26%). In terms of maximum drawdown, FIKGX dropped -45.98% vs HTECX's -58.85%.
FIKGX currently has the higher Sharpe Ratio (1.99 vs 1.46), 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 FIKGX and HTECX
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