GGHCX vs. FACDX

Last updated Jun 4, 2026

GGHCX (Invesco Health Care Fund) and FACDX (Fidelity Advisor Health Care Fund Class A) are both Health & Biotech Equities funds. Over the past 10 years, GGHCX returned 6.18%/yr vs 8.13%/yr for FACDX. Their correlation of 0.87 suggests significant overlap in exposure. GGHCX charges 1.04%/yr vs 0.97%/yr for FACDX.

Performance

GGHCX vs. FACDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Health Care Fund (GGHCX) and Fidelity Advisor Health Care Fund Class A (FACDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGHCX achieves a -7.49% return, which is significantly lower than FACDX's -5.18% return. Over the past 10 years, GGHCX has underperformed FACDX with an annualized return of 6.18%, while FACDX has yielded a comparatively higher 8.13% annualized return.

GGHCX

• 1D: -1.62%
• 1M: -1.75%
• YTD: -7.49%
• 6M: -9.37%
• 1Y: 5.88%
• 3Y*: 4.48%
• 5Y*: 2.39%
• 10Y*: 6.18%

FACDX

• 1D: -1.81%
• 1M: -1.06%
• YTD: -5.18%
• 6M: -6.28%
• 1Y: 14.19%
• 3Y*: 4.31%
• 5Y*: 1.75%
• 10Y*: 8.13%

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

GGHCX vs. FACDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGHCX Invesco Health Care Fund	-7.49%	15.48%	3.96%	3.05%	-13.53%	12.05%	14.52%	32.01%	0.27%	15.51%
FACDX Fidelity Advisor Health Care Fund Class A	-5.18%	14.19%	3.97%	3.81%	-13.07%	11.25%	21.07%	27.89%	7.20%	24.09%

Correlation

The correlation between GGHCX and FACDX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Sep 3, 1996	0.87

The correlation between GGHCX and FACDX has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.

Return for Risk

GGHCX vs. FACDX — Risk / Return Rank

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

GGHCX

GGHCX Risk / Return Rank: 5
GGHCX Sharpe Ratio Rank: 6
GGHCX Sortino Ratio Rank: 6
GGHCX Omega Ratio Rank: 5
GGHCX Calmar Ratio Rank: 5
GGHCX Martin Ratio Rank: 5

FACDX

FACDX Risk / Return Rank: 11
FACDX Sharpe Ratio Rank: 12
FACDX Sortino Ratio Rank: 13
FACDX Omega Ratio Rank: 11
FACDX Calmar Ratio Rank: 11
FACDX Martin Ratio Rank: 10

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.

GGHCX vs. FACDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Health Care Fund (GGHCX) and Fidelity Advisor Health Care Fund Class A (FACDX). 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.

	GGHCX	FACDX	Difference
Sharpe ratio: Return per unit of total volatility	0.46	0.92	-0.47
Sortino ratio: Return per unit of downside risk	0.74	1.45	-0.70
Omega ratio: Gain probability vs. loss probability	1.08	1.16	-0.08
Calmar ratio: Return relative to maximum drawdown	0.44	1.09	-0.65
Martin ratio: Return relative to average drawdown	1.02	2.96	-1.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGHCX vs. FACDX - Sharpe Ratio Comparison

The current GGHCX Sharpe Ratio is 0.46, which is lower than the FACDX Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of GGHCX and FACDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GGHCX	FACDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	0.92	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.10	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.43	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.56	0.00

Drawdowns

GGHCX vs. FACDX - Drawdown Comparison

The maximum GGHCX drawdown since its inception was -40.23%, smaller than the maximum FACDX drawdown of -44.55%. Use the drawdown chart below to compare losses from any high point for GGHCX and FACDX.

Drawdown Indicators

	GGHCX	FACDX	Difference
Max Drawdown Largest peak-to-trough decline	-40.23%	-44.55%	+4.32%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-13.43%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-16.86%	-17.49%	+0.63%
Max Drawdown (5Y) Largest decline over 5 years	-25.37%	-29.35%	+3.98%
Max Drawdown (10Y) Largest decline over 10 years	-29.34%	-29.35%	+0.01%
Current Drawdown Current decline from peak	-11.85%	-9.14%	-2.71%
Average Drawdown Average peak-to-trough decline	-8.82%	-9.35%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.80%	4.93%	+0.87%

Volatility

GGHCX vs. FACDX - Volatility Comparison

The current volatility for Invesco Health Care Fund (GGHCX) is 4.40%, while Fidelity Advisor Health Care Fund Class A (FACDX) has a volatility of 5.08%. This indicates that GGHCX experiences smaller price fluctuations and is considered to be less risky than FACDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGHCX	FACDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	5.08%	-0.68%
Volatility (6M) Calculated over the trailing 6-month period	10.12%	12.11%	-1.99%
Volatility (1Y) Calculated over the trailing 1-year period	13.09%	15.85%	-2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.53%	17.90%	-2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.45%	18.78%	-1.33%

GGHCX vs. FACDX - Expense Ratio Comparison

GGHCX has a 1.04% expense ratio, which is higher than FACDX's 0.97% expense ratio.

Dividends

GGHCX vs. FACDX - Dividend Comparison

GGHCX's dividend yield for the trailing twelve months is around 6.15%, less than FACDX's 14.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FACDX Fidelity Advisor Health Care Fund Class A	14.01%	13.28%	12.33%	0.00%	0.00%	6.24%	5.94%	0.32%	5.08%	0.00%	0.00%	6.66%
GGHCX Invesco Health Care Fund	6.15%	5.69%	5.17%	0.00%	0.00%	24.69%	6.44%	3.51%	8.81%	6.88%	2.24%	15.07%

Frequently Asked Questions

Can I hold both GGHCX and FACDX in my portfolio?

GGHCX and FACDX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGHCX or FACDX?

FACDX has higher volatility (5.08%) compared to GGHCX (4.40%). In terms of maximum drawdown, GGHCX dropped -40.23% vs FACDX's -44.55%.

Which has better risk-adjusted returns?

FACDX currently has the higher Sharpe Ratio (0.92 vs 0.46), 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.