Correlation
The correlation between FTHCX and SPYG is 0.84, 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.
FTHCX vs. SPYG
Compare and contrast key facts about Fidelity Advisor Technology Fund Class C (FTHCX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FTHCX is managed by Fidelity. It was launched on Nov 3, 1997. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTHCX or SPYG.
Performance
FTHCX vs. SPYG - Performance Comparison
Loading data...
Key characteristics
FTHCX:
0.32
SPYG:
0.82
FTHCX:
0.55
SPYG:
1.15
FTHCX:
1.07
SPYG:
1.16
FTHCX:
0.25
SPYG:
0.82
FTHCX:
0.76
SPYG:
2.75
FTHCX:
9.59%
SPYG:
6.63%
FTHCX:
32.91%
SPYG:
25.18%
FTHCX:
-82.81%
SPYG:
-67.79%
FTHCX:
-8.29%
SPYG:
-2.78%
Returns By Period
In the year-to-date period, FTHCX achieves a -3.99% return, which is significantly lower than SPYG's 2.18% return. Over the past 10 years, FTHCX has outperformed SPYG with an annualized return of 19.04%, while SPYG has yielded a comparatively lower 14.90% annualized return.
FTHCX
-3.99%
9.00%
-4.16%
11.12%
20.65%
19.12%
19.04%
SPYG
2.18%
8.10%
3.01%
20.35%
17.35%
16.74%
14.90%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTHCX vs. SPYG - Expense Ratio Comparison
FTHCX has a 1.73% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
FTHCX vs. SPYG — Risk-Adjusted Performance Rank
FTHCX
SPYG
FTHCX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Technology Fund Class C (FTHCX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Loading data...
Dividends
FTHCX vs. SPYG - Dividend Comparison
FTHCX's dividend yield for the trailing twelve months is around 11.73%, more than SPYG's 0.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTHCX Fidelity Advisor Technology Fund Class C | 11.73% | 11.27% | 5.31% | 4.97% | 16.09% | 9.33% | 2.51% | 28.33% | 9.07% | 1.60% | 4.87% | 9.08% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.60% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
FTHCX vs. SPYG - Drawdown Comparison
The maximum FTHCX drawdown since its inception was -82.81%, which is greater than SPYG's maximum drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FTHCX and SPYG.
Loading data...
Volatility
FTHCX vs. SPYG - Volatility Comparison
Fidelity Advisor Technology Fund Class C (FTHCX) has a higher volatility of 7.41% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.58%. This indicates that FTHCX's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...