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FIKHX vs. FSPTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FIKHX vs. FSPTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Technology Fund Class Z (FIKHX) and Fidelity Select Technology Portfolio (FSPTX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.10%
12.29%
FIKHX
FSPTX

Returns By Period

The year-to-date returns for both stocks are quite close, with FIKHX having a 31.06% return and FSPTX slightly lower at 30.76%.


FIKHX

YTD

31.06%

1M

0.23%

6M

13.43%

1Y

34.59%

5Y (annualized)

17.59%

10Y (annualized)

N/A

FSPTX

YTD

30.76%

1M

0.30%

6M

13.66%

1Y

39.16%

5Y (annualized)

14.22%

10Y (annualized)

13.29%

Key characteristics


FIKHXFSPTX
Sharpe Ratio1.481.69
Sortino Ratio2.002.23
Omega Ratio1.261.30
Calmar Ratio1.792.42
Martin Ratio6.968.25
Ulcer Index4.93%4.71%
Daily Std Dev23.26%23.03%
Max Drawdown-46.63%-84.32%
Current Drawdown-3.23%-3.27%

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FIKHX vs. FSPTX - Expense Ratio Comparison

FIKHX has a 0.59% expense ratio, which is lower than FSPTX's 0.67% expense ratio.


FSPTX
Fidelity Select Technology Portfolio
Expense ratio chart for FSPTX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%
Expense ratio chart for FIKHX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Correlation

-0.50.00.51.01.0

The correlation between FIKHX and FSPTX 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.

Risk-Adjusted Performance

FIKHX vs. FSPTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class Z (FIKHX) and Fidelity Select Technology Portfolio (FSPTX). 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.


Sharpe ratio
The chart of Sharpe ratio for FIKHX, currently valued at 1.48, compared to the broader market0.002.004.001.481.69
The chart of Sortino ratio for FIKHX, currently valued at 2.00, compared to the broader market0.005.0010.002.002.23
The chart of Omega ratio for FIKHX, currently valued at 1.26, compared to the broader market1.002.003.004.001.261.30
The chart of Calmar ratio for FIKHX, currently valued at 1.78, compared to the broader market0.005.0010.0015.0020.0025.001.792.42
The chart of Martin ratio for FIKHX, currently valued at 6.96, compared to the broader market0.0020.0040.0060.0080.00100.006.968.25
FIKHX
FSPTX

The current FIKHX Sharpe Ratio is 1.48, which is comparable to the FSPTX Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of FIKHX and FSPTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.48
1.69
FIKHX
FSPTX

Dividends

FIKHX vs. FSPTX - Dividend Comparison

Neither FIKHX nor FSPTX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FIKHX
Fidelity Advisor Technology Fund Class Z
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSPTX
Fidelity Select Technology Portfolio
0.00%0.01%0.00%0.00%0.09%0.25%0.14%0.00%0.05%4.28%17.85%8.07%

Drawdowns

FIKHX vs. FSPTX - Drawdown Comparison

The maximum FIKHX drawdown since its inception was -46.63%, smaller than the maximum FSPTX drawdown of -84.32%. Use the drawdown chart below to compare losses from any high point for FIKHX and FSPTX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.23%
-3.27%
FIKHX
FSPTX

Volatility

FIKHX vs. FSPTX - Volatility Comparison

Fidelity Advisor Technology Fund Class Z (FIKHX) and Fidelity Select Technology Portfolio (FSPTX) have volatilities of 6.45% and 6.50%, 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.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.45%
6.50%
FIKHX
FSPTX