FIKHX vs. WITS.AS
Compare and contrast key facts about Fidelity Advisor Technology Fund Class Z (FIKHX) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS).
FIKHX is managed by Fidelity. It was launched on Oct 2, 2018. WITS.AS is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Oct 16, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKHX or WITS.AS.
Performance
FIKHX vs. WITS.AS - Performance Comparison
Returns By Period
In the year-to-date period, FIKHX achieves a 31.06% return, which is significantly higher than WITS.AS's 27.20% return.
FIKHX
31.06%
0.23%
13.43%
34.59%
17.59%
N/A
WITS.AS
27.20%
1.73%
11.12%
35.11%
21.73%
N/A
Key characteristics
| FIKHX | WITS.AS | |
|---|---|---|
| Sharpe Ratio | 1.48 | 1.61 |
| Sortino Ratio | 2.00 | 2.18 |
| Omega Ratio | 1.26 | 1.29 |
| Calmar Ratio | 1.79 | 2.09 |
| Martin Ratio | 6.96 | 6.94 |
| Ulcer Index | 4.93% | 4.88% |
| Daily Std Dev | 23.26% | 20.83% |
| Max Drawdown | -46.63% | -39.08% |
| Current Drawdown | -3.23% | -3.11% |
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FIKHX vs. WITS.AS - Expense Ratio Comparison
FIKHX has a 0.59% expense ratio, which is higher than WITS.AS's 0.25% expense ratio.
Correlation
The correlation between FIKHX and WITS.AS is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FIKHX vs. WITS.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class Z (FIKHX) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS). 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. WITS.AS - Dividend Comparison
FIKHX has not paid dividends to shareholders, while WITS.AS's dividend yield for the trailing twelve months is around 0.37%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
FIKHX Fidelity Advisor Technology Fund Class Z | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF | 0.37% | 0.46% | 0.81% | 0.41% | 0.73% | 0.12% |
Drawdowns
FIKHX vs. WITS.AS - Drawdown Comparison
The maximum FIKHX drawdown since its inception was -46.63%, which is greater than WITS.AS's maximum drawdown of -39.08%. Use the drawdown chart below to compare losses from any high point for FIKHX and WITS.AS. For additional features, visit the drawdowns tool.
Volatility
FIKHX vs. WITS.AS - Volatility Comparison
Fidelity Advisor Technology Fund Class Z (FIKHX) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) have volatilities of 6.45% and 6.25%, 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.