FIKGX vs. SMH
Compare and contrast key facts about Fidelity Advisor Semiconductors Fund Class Z (FIKGX) and VanEck Vectors Semiconductor ETF (SMH).
FIKGX is managed by Fidelity. It was launched on Oct 2, 2018. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKGX or SMH.
Key characteristics
| FIKGX | SMH | |
|---|---|---|
| YTD Return | 48.95% | 48.30% |
| 1Y Return | 69.29% | 72.60% |
| 3Y Return (Ann) | 17.27% | 21.36% |
| 5Y Return (Ann) | 28.91% | 34.34% |
| Sharpe Ratio | 1.93 | 2.10 |
| Sortino Ratio | 2.45 | 2.59 |
| Omega Ratio | 1.32 | 1.35 |
| Calmar Ratio | 2.83 | 2.91 |
| Martin Ratio | 8.13 | 8.05 |
| Ulcer Index | 8.43% | 8.98% |
| Daily Std Dev | 35.56% | 34.46% |
| Max Drawdown | -48.21% | -95.73% |
| Current Drawdown | -4.74% | -7.80% |
Correlation
The correlation between FIKGX and SMH is 0.98, 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
FIKGX vs. SMH - Performance Comparison
The year-to-date returns for both stocks are quite close, with FIKGX having a 48.95% return and SMH slightly lower at 48.30%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIKGX vs. SMH - Expense Ratio Comparison
FIKGX has a 0.62% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
FIKGX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class Z (FIKGX) and VanEck Vectors Semiconductor ETF (SMH). 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
FIKGX vs. SMH - Dividend Comparison
FIKGX has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.40%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIKGX Fidelity Advisor Semiconductors Fund Class Z | 0.00% | 0.00% | 0.00% | 0.00% | 0.40% | 0.38% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.40% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
FIKGX vs. SMH - Drawdown Comparison
The maximum FIKGX drawdown since its inception was -48.21%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for FIKGX and SMH. For additional features, visit the drawdowns tool.
Volatility
FIKGX vs. SMH - Volatility Comparison
Fidelity Advisor Semiconductors Fund Class Z (FIKGX) and VanEck Vectors Semiconductor ETF (SMH) have volatilities of 9.39% and 9.32%, 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.