FVIAX vs. FADTX

Last updated Jun 3, 2026

FVIAX (Fidelity Advisor Government Income Fund Class A) and FADTX (Fidelity Advisor Technology Fund Class A) are both mutual funds - FVIAX is a Government Bonds fund managed by Fidelity, while FADTX is a Technology Equities fund managed by Fidelity. At a correlation of -0.17, they often move in opposite directions. FVIAX charges 0.77%/yr vs 0.97%/yr for FADTX.

Performance

FVIAX vs. FADTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Government Income Fund Class A (FVIAX) and Fidelity Advisor Technology Fund Class A (FADTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FVIAX

• 1D: 0.00%
• 1M: 0.07%
• YTD: 0.19%
• 6M: 0.18%
• 1Y: 4.30%
• 3Y*: 2.60%
• 5Y*: -0.86%
• 10Y*: 0.46%

FADTX

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

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

FVIAX vs. FADTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FVIAX Fidelity Advisor Government Income Fund Class A	0.19%	6.20%	-0.18%	3.64%	-13.30%	-2.54%	6.45%	6.06%	0.39%	1.78%
FADTX Fidelity Advisor Technology Fund Class A	0.00%	24.35%	35.02%	59.29%	-36.17%	27.26%	63.93%	50.57%	-8.52%	49.42%

Correlation

The correlation between FVIAX and FADTX is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Sep 3, 1996	-0.17

The correlation between FVIAX and FADTX shifts across timeframes, from -0.17 (all time) to 0.07 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

FVIAX vs. FADTX — Risk / Return Rank

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

FVIAX

FVIAX Risk / Return Rank: 14
FVIAX Sharpe Ratio Rank: 14
FVIAX Sortino Ratio Rank: 14
FVIAX Omega Ratio Rank: 13
FVIAX Calmar Ratio Rank: 16
FVIAX Martin Ratio Rank: 15

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.

FVIAX vs. FADTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Government Income Fund Class A (FVIAX) and Fidelity Advisor Technology Fund Class A (FADTX). 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.

	FVIAX	FADTX	Difference
Sharpe ratio Return per unit of total volatility	1.05	—	—
Sortino ratio Return per unit of downside risk	1.58	—	—
Omega ratio Gain probability vs. loss probability	1.19	—	—
Calmar ratio Return relative to maximum drawdown	1.49	—	—
Martin ratio Return relative to average drawdown	4.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FVIAX	FADTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	—	—

Drawdowns

Drawdown Indicators

	FVIAX	FADTX	Difference
Max Drawdown Largest peak-to-trough decline	-20.79%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.00%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.66%	—	—
Current Drawdown Current decline from peak	-8.52%	—	—
Average Drawdown Average peak-to-trough decline	-7.06%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	—	—

Volatility

Volatility by Period

	FVIAX	FADTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.79%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.05%	—	—

FVIAX vs. FADTX - Expense Ratio Comparison

FVIAX has a 0.77% expense ratio, which is lower than FADTX's 0.97% expense ratio.

Dividends

FVIAX vs. FADTX - Dividend Comparison

FVIAX's dividend yield for the trailing twelve months is around 3.14%, less than FADTX's 11.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FADTX Fidelity Advisor Technology Fund Class A	11.13%	11.13%	8.01%	3.94%	3.72%	12.63%	7.85%	2.52%	23.98%	8.23%	1.63%	4.55%
FVIAX Fidelity Advisor Government Income Fund Class A	3.14%	3.03%	2.93%	2.03%	0.86%	0.39%	2.07%	1.77%	1.75%	1.47%	2.34%	1.96%

Frequently Asked Questions

Can I hold both FVIAX and FADTX in my portfolio?

FVIAX and FADTX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.