GLD vs. FADTX

Last updated Jun 9, 2026

GLD (SPDR Gold Shares) and FADTX (Fidelity Advisor Technology Fund Class A) are both funds - GLD is a Gold fund tracking the LBMA Gold Price PM, while FADTX is a Technology Equities fund managed by Fidelity. At a 0.05 correlation, their price movements are largely independent. GLD charges 0.40%/yr vs 0.97%/yr for FADTX.

Performance

GLD vs. FADTX - Performance Comparison

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

Returns By Period

GLD

• 1D: 0.26%
• 1M: -8.41%
• YTD: 0.24%
• 6M: 3.07%
• 1Y: 30.18%
• 3Y*: 29.71%
• 5Y*: 17.55%
• 10Y*: 12.56%

FADTX

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

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

GLD vs. FADTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLD SPDR Gold Shares	0.24%	63.68%	26.66%	12.69%	-0.77%	-4.15%	24.81%	17.86%	-1.94%	12.81%
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 GLD and FADTX is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.03
Correlation (All Time) Calculated using the full available price history since Nov 18, 2004	0.05

GLD vs. FADTX - Sectors Allocation Comparison

Sectors	GLD	FADTX
Basic Materials	100.0%	0.0%
Communication Services	-	0.8%
Consumer Cyclical	-	1.2%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	97.9%
Utilities	-	-

Return for Risk

GLD vs. FADTX — Risk / Return Rank

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

GLD

GLD Risk / Return Rank: 33
GLD Sharpe Ratio Rank: 34
GLD Sortino Ratio Rank: 31
GLD Omega Ratio Rank: 38
GLD Calmar Ratio Rank: 34
GLD Martin Ratio Rank: 29

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.

GLD vs. FADTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Gold Shares (GLD) 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.

	GLD	FADTX	Difference
Sharpe ratio: Return per unit of total volatility	1.13	—	—
Sortino ratio: Return per unit of downside risk	1.51	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.51	—	—
Martin ratio: Return relative to average drawdown	3.78	—	—
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

	GLD	FADTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	—	—

Drawdowns

Drawdown Indicators

	GLD	FADTX	Difference
Max Drawdown Largest peak-to-trough decline	-45.56%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-20.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.00%	—	—
Current Drawdown Current decline from peak	-19.89%	—	—
Average Drawdown Average peak-to-trough decline	-16.16%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.01%	—	—

Volatility

Volatility by Period

	GLD	FADTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.87%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.07%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	—	—

GLD vs. FADTX - Expense Ratio Comparison

GLD has a 0.40% expense ratio, which is lower than FADTX's 0.97% expense ratio.

Dividends

GLD vs. FADTX - Dividend Comparison

Neither GLD nor FADTX has paid dividends to shareholders.

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%
GLD SPDR Gold Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLD and FADTX in my portfolio?

GLD and FADTX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.