IXJ vs. FHCIX
IXJ (iShares Global Healthcare ETF) and FHCIX (Fidelity Advisor Health Care Fund Class I) are both Health & Biotech Equities funds. Over the past 10 years, IXJ returned 8.22%/yr vs 9.56%/yr for FHCIX. Their correlation of 0.83 means they have usually moved in the same direction. IXJ charges 0.40%/yr vs 0.71%/yr for FHCIX.
Performance
IXJ vs. FHCIX - Performance Comparison
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Returns By Period
In the year-to-date period, IXJ achieves a 3.85% return, which is significantly lower than FHCIX's 10.66% return. Over the past 10 years, IXJ has underperformed FHCIX with an annualized return of 8.22%, while FHCIX has yielded a comparatively higher 9.56% annualized return.
IXJ
- 1D
- -0.97%
- 1M
- -1.26%
- 6M
- 2.41%
- YTD
- 3.85%
- 1Y
- 21.78%
- 3Y*
- 7.07%
- 5Y*
- 4.53%
- 10Y*
- 8.22%
- ALL TIME*
- 7.37%
FHCIX
- 1D
- -0.03%
- 1M
- -1.26%
- 6M
- 10.50%
- YTD
- 10.66%
- 1Y
- 32.74%
- 3Y*
- 9.91%
- 5Y*
- 4.05%
- 10Y*
- 9.56%
- ALL TIME*
- 11.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $16.06M | $16.61M | $23.38M |
IXJ vs. FHCIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXJ iShares Global Healthcare ETF | 3.85% | 14.99% | 0.55% | 3.62% | -4.94% | 19.60% | 12.74% | 23.23% | 2.83% | 20.44% |
FHCIX Fidelity Advisor Health Care Fund Class I | 10.66% | 14.48% | 4.22% | 4.07% | -12.84% | 11.53% | 21.40% | 28.22% | 7.51% | 24.38% |
Correlation
The correlation between IXJ and FHCIX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Nov 26, 2001 | 0.83 |
The correlation between IXJ and FHCIX has been stable across timeframes, ranging from 0.74 to 0.84 - a consistent structural relationship.
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Return for Risk
IXJ vs. FHCIX — Risk / Return Rank
IXJ
FHCIX
IXJ vs. FHCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare ETF (IXJ) and Fidelity Advisor Health Care Fund Class I (FHCIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IXJ | FHCIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.31 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 2.35 | -0.25 |
| Martin ratioReturn relative to average drawdown | 4.99 | 6.17 | -1.17 |
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Drawdowns
IXJ vs. FHCIX - Drawdown Comparison
The maximum IXJ drawdown since its inception was -40.60%, smaller than the maximum FHCIX drawdown of -44.75%. Use the drawdown chart below to compare losses from any high point for IXJ and FHCIX.
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Drawdown Indicators
| IXJ | FHCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.60% | -44.75% | +4.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -13.37% | +2.59% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -17.38% | -0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -29.24% | +11.10% |
Max Drawdown (10Y)Largest decline over 10 years | -27.35% | -29.24% | +1.89% |
Current DrawdownCurrent decline from peak | -2.52% | -2.48% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -9.16% | +2.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.52% | 5.08% | -0.56% |
Volatility
IXJ vs. FHCIX - Volatility Comparison
iShares Global Healthcare ETF (IXJ) has a higher volatility of 5.66% compared to Fidelity Advisor Health Care Fund Class I (FHCIX) at 5.13%. This indicates that IXJ's price experiences larger fluctuations and is considered to be riskier than FHCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IXJ | FHCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 5.13% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 11.61% | 13.45% | -1.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.38% | 16.99% | -1.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.50% | 18.17% | -3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 18.81% | -3.07% |
IXJ vs. FHCIX - Expense Ratio Comparison
IXJ has a 0.40% expense ratio, which is lower than FHCIX's 0.71% expense ratio.
Dividends
IXJ vs. FHCIX - Dividend Comparison
IXJ's dividend yield for the trailing twelve months is around 1.44%, less than FHCIX's 10.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHCIX Fidelity Advisor Health Care Fund Class I | 10.45% | 11.56% | 10.92% | 0.00% | 0.00% | 5.64% | 5.72% | 0.48% | 4.65% | 0.06% | 0.00% | 6.29% |
IXJ iShares Global Healthcare ETF | 1.44% | 1.40% | 1.50% | 1.38% | 1.17% | 1.12% | 1.27% | 1.42% | 2.11% | 1.46% | 1.73% | 2.85% |
Frequently Asked Questions
IXJ and FHCIX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IXJ has higher volatility (5.66%) compared to FHCIX (5.13%). In terms of maximum drawdown, IXJ dropped -40.60% vs FHCIX's -44.75%.
FHCIX currently has the higher Sharpe Ratio (1.85 vs 1.50), 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.
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