FIKNX vs. VITAX

Last updated Jun 25, 2026

FIKNX (Fidelity Advisor Small Cap Value Fund Class Z) and VITAX (Vanguard Information Technology Index Fund Admiral Shares) are both mutual funds - FIKNX is a Small Cap Value Equities fund managed by Fidelity, while VITAX is a Technology Equities fund tracking the MSCI US Investable Market Information Technology 25/50 Index. Over the past 5 years, FIKNX returned 9.48%/yr vs 19.50%/yr for VITAX. A 0.61 correlation means they provide meaningful diversification when combined. FIKNX charges 0.87%/yr vs 0.09%/yr for VITAX.

Performance

FIKNX vs. VITAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FIKNX having a 23.29% return and VITAX slightly higher at 23.34%.

FIKNX

• 1D: -0.44%
• 1M: 4.93%
• YTD: 23.29%
• 6M: 20.59%
• 1Y: 36.52%
• 3Y*: 18.68%
• 5Y*: 9.48%
• 10Y*: —

VITAX

• 1D: -3.70%
• 1M: 0.28%
• YTD: 23.34%
• 6M: 21.28%
• 1Y: 44.25%
• 3Y*: 30.11%
• 5Y*: 19.50%
• 10Y*: 25.49%

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

FIKNX vs. VITAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIKNX Fidelity Advisor Small Cap Value Fund Class Z	23.29%	8.18%	8.00%	17.97%	-12.98%	38.27%	11.35%	20.98%	-13.08%
VITAX Vanguard Information Technology Index Fund Admiral Shares	23.34%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	-12.98%

Correlation

The correlation between FIKNX and VITAX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018	0.61

The correlation between FIKNX and VITAX shifts across timeframes, from 0.51 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FIKNX vs. VITAX — Risk / Return Rank

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

FIKNX

FIKNX Risk / Return Rank: 72
FIKNX Sharpe Ratio Rank: 68
FIKNX Sortino Ratio Rank: 73
FIKNX Omega Ratio Rank: 57
FIKNX Calmar Ratio Rank: 85
FIKNX Martin Ratio Rank: 78

VITAX

VITAX Risk / Return Rank: 51
VITAX Sharpe Ratio Rank: 58
VITAX Sortino Ratio Rank: 45
VITAX Omega Ratio Rank: 47
VITAX Calmar Ratio Rank: 62
VITAX Martin Ratio Rank: 44

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.

FIKNX vs. VITAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FIKNX	VITAX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.06	+0.06
Sortino ratio: Return per unit of downside risk	3.12	2.60	+0.53
Omega ratio: Gain probability vs. loss probability	1.36	1.35	+0.02
Calmar ratio: Return relative to maximum drawdown	3.71	2.87	+0.84
Martin ratio: Return relative to average drawdown	13.02	8.75	+4.27

FIKNX vs. VITAX - Sharpe Ratio Comparison

The current FIKNX Sharpe Ratio is 2.12, which is comparable to the VITAX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of FIKNX and VITAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIKNX vs. VITAX - Drawdown Comparison

The maximum FIKNX drawdown since its inception was -44.09%, smaller than the maximum VITAX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for FIKNX and VITAX.

Drawdown Indicators

	FIKNX	VITAX	Difference
Max Drawdown Largest peak-to-trough decline	-44.09%	-54.81%	+10.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.35%	-16.38%	+6.03%
Max Drawdown (3Y) Largest decline over 3 years	-24.87%	-27.38%	+2.51%
Max Drawdown (5Y) Largest decline over 5 years	-24.87%	-35.10%	+10.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	-0.44%	-7.72%	+7.28%
Average Drawdown Average peak-to-trough decline	-7.61%	-8.01%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	5.36%	-2.41%

Volatility

FIKNX vs. VITAX - Volatility Comparison

The current volatility for Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) is 5.88%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 11.40%. This indicates that FIKNX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIKNX	VITAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	11.40%	-5.52%
Volatility (6M) Calculated over the trailing 6-month period	13.44%	18.68%	-5.24%
Volatility (1Y) Calculated over the trailing 1-year period	18.19%	22.82%	-4.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.97%	25.76%	-4.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.60%	25.01%	-0.41%

FIKNX vs. VITAX - Expense Ratio Comparison

FIKNX has a 0.87% expense ratio, which is higher than VITAX's 0.09% expense ratio.

Dividends

FIKNX vs. VITAX - Dividend Comparison

FIKNX's dividend yield for the trailing twelve months is around 8.31%, more than VITAX's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIKNX Fidelity Advisor Small Cap Value Fund Class Z	8.31%	10.24%	4.82%	5.32%	5.92%	8.07%	0.58%	3.65%	8.42%	0.00%	0.00%	0.00%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.33%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both FIKNX and VITAX in my portfolio?

FIKNX and VITAX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIKNX or VITAX?

VITAX has higher volatility (11.40%) compared to FIKNX (5.88%). In terms of maximum drawdown, FIKNX dropped -44.09% vs VITAX's -54.81%.

Which has better risk-adjusted returns?

FIKNX currently has the higher Sharpe Ratio (2.12 vs 2.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.