NBXG vs. FIKHX

Last updated Apr 2, 2026

Compare and contrast key facts about Neuberger Berman Next Generation Connectivity Fund (NBXG) and Fidelity Advisor Technology Fund Class Z (FIKHX).

NBXG is an actively managed fund by Neuberger Berman. It was launched on May 25, 2021. FIKHX is managed by Fidelity. It was launched on Oct 2, 2018.

Performance

NBXG vs. FIKHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Next Generation Connectivity Fund (NBXG) and Fidelity Advisor Technology Fund Class Z (FIKHX). The values are adjusted to include any dividend payments, if applicable.

NBXG vs. FIKHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NBXG Neuberger Berman Next Generation Connectivity Fund	-6.55%	24.23%	28.53%	34.92%	-41.41%	-10.72%
FIKHX Fidelity Advisor Technology Fund Class Z	0.00%	24.77%	35.52%	59.89%	-35.93%	23.80%

Returns By Period

NBXG

• 1D: 2.10%
• 1M: -3.04%
• YTD: -6.55%
• 6M: -10.53%
• 1Y: 16.91%
• 3Y*: 19.49%
• 5Y*: —
• 10Y*: —

FIKHX

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

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

NBXG vs. FIKHX - Expense Ratio Comparison

NBXG has a 1.37% expense ratio, which is higher than FIKHX's 0.59% expense ratio.

NBXG

Neuberger Berman Next Generation Connectivity Fund

FIKHX

Fidelity Advisor Technology Fund Class Z

Return for Risk

NBXG vs. FIKHX — Risk / Return Rank

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

NBXG

NBXG Risk / Return Rank: 28
NBXG Sharpe Ratio Rank: 25
NBXG Sortino Ratio Rank: 27
NBXG Omega Ratio Rank: 26
NBXG Calmar Ratio Rank: 34
NBXG Martin Ratio Rank: 25

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.

NBXG vs. FIKHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Next Generation Connectivity Fund (NBXG) and Fidelity Advisor Technology Fund Class Z (FIKHX). 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.

	NBXG	FIKHX	Difference
Sharpe ratio Return per unit of total volatility	0.72	—	—
Sortino ratio Return per unit of downside risk	1.14	—	—
Omega ratio Gain probability vs. loss probability	1.16	—	—
Calmar ratio Return relative to maximum drawdown	1.10	—	—
Martin ratio Return relative to average drawdown	3.23	—	—
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

	NBXG	FIKHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	—	—

Correlation

The correlation between NBXG and FIKHX is 0.75, 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

NBXG vs. FIKHX - Dividend Comparison

NBXG's dividend yield for the trailing twelve months is around 10.05%, more than FIKHX's 9.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NBXG Neuberger Berman Next Generation Connectivity Fund	10.05%	8.73%	9.42%	10.98%	13.19%	3.47%	0.00%	0.00%	0.00%
FIKHX Fidelity Advisor Technology Fund Class Z	9.85%	9.85%	7.33%	3.86%	3.32%	11.52%	7.42%	2.64%	22.38%

Drawdowns

Drawdown Indicators

	NBXG	FIKHX	Difference
Max Drawdown Largest peak-to-trough decline	-51.76%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.26%	—	—
Current Drawdown Current decline from peak	-10.91%	—	—
Average Drawdown Average peak-to-trough decline	-21.76%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	—	—

Volatility

Volatility by Period

	NBXG	FIKHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.14%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.14%	—	—