FIKHX vs. FTEC

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Technology Fund Class Z (FIKHX) and Fidelity MSCI Information Technology Index ETF (FTEC).

FIKHX is managed by Fidelity. It was launched on Oct 2, 2018. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology 25/50 Index. It was launched on Oct 21, 2013.

Performance

FIKHX vs. FTEC - Performance Comparison

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

FIKHX vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIKHX Fidelity Advisor Technology Fund Class Z	0.00%	24.77%	35.52%	59.89%	-35.93%	27.74%	64.56%	51.18%	-17.39%
FTEC Fidelity MSCI Information Technology Index ETF	-6.12%	22.11%	29.40%	53.30%	-29.59%	30.49%	45.83%	48.93%	-13.29%

Returns By Period

FIKHX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTEC

• 1D: 1.28%
• 1M: -3.61%
• YTD: -6.12%
• 6M: -5.70%
• 1Y: 30.17%
• 3Y*: 23.47%
• 5Y*: 15.05%
• 10Y*: 21.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIKHX vs. FTEC - Expense Ratio Comparison

FIKHX has a 0.59% expense ratio, which is higher than FTEC's 0.08% expense ratio.

FIKHX

Fidelity Advisor Technology Fund Class Z

FTEC

Fidelity MSCI Information Technology Index ETF

Return for Risk

FIKHX vs. FTEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTEC

FTEC Risk / Return Rank: 63
FTEC Sharpe Ratio Rank: 60
FTEC Sortino Ratio Rank: 64
FTEC Omega Ratio Rank: 62
FTEC Calmar Ratio Rank: 72
FTEC Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIKHX vs. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class Z (FIKHX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FIKHX	FTEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.10	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.86	—

Correlation

The correlation between FIKHX and FTEC is 0.96, 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.

Dividends

FIKHX vs. FTEC - Dividend Comparison

FIKHX's dividend yield for the trailing twelve months is around 9.85%, more than FTEC's 0.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIKHX Fidelity Advisor Technology Fund Class Z	9.85%	9.85%	7.33%	3.86%	3.32%	11.52%	7.42%	2.64%	22.38%	0.00%	0.00%	0.00%
FTEC Fidelity MSCI Information Technology Index ETF	0.45%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%

Drawdowns

Drawdown Indicators

	FIKHX	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.95%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	—	-11.53%	—
Average Drawdown Average peak-to-trough decline	—	-5.61%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.27%	—

Volatility

Volatility by Period

	FIKHX	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	27.53%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.11%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.57%	—