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

Correlation

The correlation between FIKHX and FTEC is 0.87, 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

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.

50.00%100.00%150.00%200.00%250.00%December2025FebruaryMarchAprilMay
82.49%
200.04%
FIKHX
FTEC

Key characteristics

Sharpe Ratio

FIKHX:

0.04

FTEC:

0.38

Sortino Ratio

FIKHX:

0.29

FTEC:

0.73

Omega Ratio

FIKHX:

1.04

FTEC:

1.10

Calmar Ratio

FIKHX:

0.04

FTEC:

0.42

Martin Ratio

FIKHX:

0.11

FTEC:

1.39

Ulcer Index

FIKHX:

11.86%

FTEC:

8.27%

Daily Std Dev

FIKHX:

33.02%

FTEC:

30.03%

Max Drawdown

FIKHX:

-46.63%

FTEC:

-34.95%

Current Drawdown

FIKHX:

-20.32%

FTEC:

-12.66%

Returns By Period

In the year-to-date period, FIKHX achieves a -10.78% return, which is significantly lower than FTEC's -9.03% return.


FIKHX

YTD

-10.78%

1M

17.08%

6M

-15.18%

1Y

0.45%

5Y*

12.06%

10Y*

N/A

FTEC

YTD

-9.03%

1M

17.38%

6M

-7.59%

1Y

10.35%

5Y*

18.67%

10Y*

18.88%

*Annualized

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FIKHX vs. FTEC - Expense Ratio Comparison

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


Risk-Adjusted Performance

FIKHX vs. FTEC — Risk-Adjusted Performance Rank

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

FIKHX
The Risk-Adjusted Performance Rank of FIKHX is 2222
Overall Rank
The Sharpe Ratio Rank of FIKHX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of FIKHX is 2525
Sortino Ratio Rank
The Omega Ratio Rank of FIKHX is 2424
Omega Ratio Rank
The Calmar Ratio Rank of FIKHX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of FIKHX is 2020
Martin Ratio Rank

FTEC
The Risk-Adjusted Performance Rank of FTEC is 4848
Overall Rank
The Sharpe Ratio Rank of FTEC is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of FTEC is 4848
Sortino Ratio Rank
The Omega Ratio Rank of FTEC is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FTEC is 5252
Calmar Ratio Rank
The Martin Ratio Rank of FTEC is 4747
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FIKHX vs. FTEC - Risk-Adjusted Performance 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.


The current FIKHX Sharpe Ratio is 0.04, which is lower than the FTEC Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of FIKHX and FTEC, 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 Ratio-0.500.000.501.001.502.00December2025FebruaryMarchAprilMay
0.01
0.35
FIKHX
FTEC

Dividends

FIKHX vs. FTEC - Dividend Comparison

FIKHX has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.54%.


TTM20242023202220212020201920182017201620152014
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%
FTEC
Fidelity MSCI Information Technology Index ETF
0.54%0.49%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%

Drawdowns

FIKHX vs. FTEC - Drawdown Comparison

The maximum FIKHX drawdown since its inception was -46.63%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FIKHX and FTEC. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-20.32%
-12.66%
FIKHX
FTEC

Volatility

FIKHX vs. FTEC - Volatility Comparison

Fidelity Advisor Technology Fund Class Z (FIKHX) has a higher volatility of 17.19% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 16.11%. This indicates that FIKHX's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
17.19%
16.11%
FIKHX
FTEC