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HTECX vs. FIKGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HTECX vs. FIKGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hennessy Technology Fund (HTECX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). The values are adjusted to include any dividend payments, if applicable.

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HTECX vs. FIKGX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
HTECX
Hennessy Technology Fund
-10.79%15.48%17.29%35.95%-26.28%14.75%24.45%39.13%-10.95%
FIKGX
Fidelity Advisor Semiconductors Fund Class Z
0.36%45.43%35.88%75.75%-34.81%58.07%44.21%64.45%-11.11%

Returns By Period

In the year-to-date period, HTECX achieves a -10.79% return, which is significantly lower than FIKGX's 0.36% return.


HTECX

1D
-1.38%
1M
-7.40%
YTD
-10.79%
6M
-12.16%
1Y
13.20%
3Y*
12.49%
5Y*
4.99%
10Y*
11.64%

FIKGX

1D
-4.25%
1M
-9.98%
YTD
0.36%
6M
8.37%
1Y
77.79%
3Y*
35.83%
5Y*
26.75%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HTECX vs. FIKGX - Expense Ratio Comparison

HTECX has a 1.23% expense ratio, which is higher than FIKGX's 0.62% expense ratio.


Return for Risk

HTECX vs. FIKGX — Risk / Return Rank

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

HTECX
HTECX Risk / Return Rank: 1919
Overall Rank
HTECX Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
HTECX Sortino Ratio Rank: 2020
Sortino Ratio Rank
HTECX Omega Ratio Rank: 1919
Omega Ratio Rank
HTECX Calmar Ratio Rank: 2121
Calmar Ratio Rank
HTECX Martin Ratio Rank: 1717
Martin Ratio Rank

FIKGX
FIKGX Risk / Return Rank: 9393
Overall Rank
FIKGX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
FIKGX Sortino Ratio Rank: 9090
Sortino Ratio Rank
FIKGX Omega Ratio Rank: 8686
Omega Ratio Rank
FIKGX Calmar Ratio Rank: 9797
Calmar Ratio Rank
FIKGX Martin Ratio Rank: 9797
Martin Ratio Rank
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.

HTECX vs. FIKGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hennessy Technology Fund (HTECX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). 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.


HTECXFIKGXDifference

Sharpe ratio

Return per unit of total volatility

0.48

1.95

-1.47

Sortino ratio

Return per unit of downside risk

0.86

2.56

-1.69

Omega ratio

Gain probability vs. loss probability

1.12

1.36

-0.24

Calmar ratio

Return relative to maximum drawdown

0.62

4.20

-3.57

Martin ratio

Return relative to average drawdown

1.79

16.00

-14.21

HTECX vs. FIKGX - Sharpe Ratio Comparison

The current HTECX Sharpe Ratio is 0.48, which is lower than the FIKGX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of HTECX and FIKGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HTECXFIKGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.48

1.95

-1.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

0.71

-0.50

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.82

-0.55

Correlation

The correlation between HTECX and FIKGX is 0.86, 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.


Dividends

HTECX vs. FIKGX - Dividend Comparison

HTECX's dividend yield for the trailing twelve months is around 23.72%, more than FIKGX's 6.65% yield.


TTM202520242023202220212020201920182017
HTECX
Hennessy Technology Fund
23.72%21.16%4.28%0.00%0.07%33.37%3.58%2.65%15.54%9.60%
FIKGX
Fidelity Advisor Semiconductors Fund Class Z
6.65%6.67%0.00%3.14%3.08%4.19%4.54%1.08%19.72%0.00%

Drawdowns

HTECX vs. FIKGX - Drawdown Comparison

The maximum HTECX drawdown since its inception was -58.85%, which is greater than FIKGX's maximum drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for HTECX and FIKGX.


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Drawdown Indicators


HTECXFIKGXDifference

Max Drawdown

Largest peak-to-trough decline

-58.85%

-45.98%

-12.87%

Max Drawdown (1Y)

Largest decline over 1 year

-15.01%

-17.09%

+2.08%

Max Drawdown (5Y)

Largest decline over 5 years

-34.88%

-45.98%

+11.10%

Max Drawdown (10Y)

Largest decline over 10 years

-35.00%

Current Drawdown

Current decline from peak

-15.01%

-14.64%

-0.37%

Average Drawdown

Average peak-to-trough decline

-12.01%

-10.00%

-2.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.21%

4.48%

+0.73%

Volatility

HTECX vs. FIKGX - Volatility Comparison

The current volatility for Hennessy Technology Fund (HTECX) is 6.20%, while Fidelity Advisor Semiconductors Fund Class Z (FIKGX) has a volatility of 10.50%. This indicates that HTECX experiences smaller price fluctuations and is considered to be less risky than FIKGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HTECXFIKGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.20%

10.50%

-4.30%

Volatility (6M)

Calculated over the trailing 6-month period

14.54%

24.76%

-10.22%

Volatility (1Y)

Calculated over the trailing 1-year period

25.88%

39.67%

-13.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.04%

38.04%

-14.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.52%

38.31%

-14.79%