FIKHX vs. FSPTX
Compare and contrast key facts about Fidelity Advisor Technology Fund Class Z (FIKHX) and Fidelity Select Technology Portfolio (FSPTX).
FIKHX is managed by Fidelity. It was launched on Oct 2, 2018. FSPTX is managed by Fidelity. It was launched on Jul 13, 1981.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKHX or FSPTX.
Performance
FIKHX vs. FSPTX - Performance Comparison
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
31.06%
0.23%
13.43%
34.59%
17.59%
N/A
FSPTX
30.76%
0.30%
13.66%
39.16%
14.22%
13.29%
Key characteristics
FIKHX | FSPTX | |
---|---|---|
Sharpe Ratio | 1.48 | 1.69 |
Sortino Ratio | 2.00 | 2.23 |
Omega Ratio | 1.26 | 1.30 |
Calmar Ratio | 1.79 | 2.42 |
Martin Ratio | 6.96 | 8.25 |
Ulcer Index | 4.93% | 4.71% |
Daily Std Dev | 23.26% | 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.
Correlation
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.
Dividends
FIKHX vs. FSPTX - Dividend Comparison
Neither FIKHX nor FSPTX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.