Correlation
The correlation between GITIX and FELAX is 0.77, 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.
GITIX vs. FELAX
Compare and contrast key facts about Goldman Sachs Technology Opportunities Fund (GITIX) and Fidelity Advisor Semiconductors Fund Class A (FELAX).
GITIX is managed by Goldman Sachs. It was launched on Sep 30, 1999. FELAX is managed by Fidelity. It was launched on Dec 27, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GITIX or FELAX.
Performance
GITIX vs. FELAX - Performance Comparison
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Key characteristics
GITIX:
0.67
FELAX:
-0.02
GITIX:
0.92
FELAX:
0.21
GITIX:
1.13
FELAX:
1.03
GITIX:
0.57
FELAX:
-0.10
GITIX:
1.81
FELAX:
-0.26
GITIX:
8.61%
FELAX:
14.33%
GITIX:
29.14%
FELAX:
46.94%
GITIX:
-83.04%
FELAX:
-71.33%
GITIX:
-5.44%
FELAX:
-12.94%
Returns By Period
In the year-to-date period, GITIX achieves a 1.77% return, which is significantly higher than FELAX's -5.03% return. Over the past 10 years, GITIX has underperformed FELAX with an annualized return of 17.16%, while FELAX has yielded a comparatively higher 23.77% annualized return.
GITIX
1.77%
9.70%
2.64%
19.53%
21.32%
15.02%
17.16%
FELAX
-5.03%
14.25%
-1.98%
-0.06%
26.46%
29.08%
23.77%
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GITIX vs. FELAX - Expense Ratio Comparison
GITIX has a 0.97% expense ratio, which is lower than FELAX's 1.01% expense ratio.
Risk-Adjusted Performance
GITIX vs. FELAX — Risk-Adjusted Performance Rank
GITIX
FELAX
GITIX vs. FELAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Technology Opportunities Fund (GITIX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). 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.
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Dividends
GITIX vs. FELAX - Dividend Comparison
GITIX's dividend yield for the trailing twelve months is around 3.33%, less than FELAX's 7.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GITIX Goldman Sachs Technology Opportunities Fund | 3.33% | 3.39% | 0.00% | 22.03% | 14.83% | 7.84% | 14.78% | 24.21% | 7.03% | 4.70% | 8.33% | 7.71% |
FELAX Fidelity Advisor Semiconductors Fund Class A | 7.39% | 7.02% | 3.40% | 3.32% | 4.34% | 4.51% | 1.00% | 20.15% | 9.67% | 0.36% | 10.71% | 0.48% |
Drawdowns
GITIX vs. FELAX - Drawdown Comparison
The maximum GITIX drawdown since its inception was -83.04%, which is greater than FELAX's maximum drawdown of -71.33%. Use the drawdown chart below to compare losses from any high point for GITIX and FELAX.
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Volatility
GITIX vs. FELAX - Volatility Comparison
The current volatility for Goldman Sachs Technology Opportunities Fund (GITIX) is 6.31%, while Fidelity Advisor Semiconductors Fund Class A (FELAX) has a volatility of 10.10%. This indicates that GITIX experiences smaller price fluctuations and is considered to be less risky than FELAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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