PBFDX vs. FATIX

Last updated Jun 4, 2026

PBFDX (Payson Total Return Fund) and FATIX (Fidelity Advisor Technology Fund Class I) are both mutual funds - PBFDX is a Large Cap Blend Equities fund managed by Payson Funds, while FATIX is a Technology Equities fund managed by Fidelity. A 0.77 correlation means they provide meaningful diversification when combined. PBFDX charges 0.82%/yr vs 0.71%/yr for FATIX.

Performance

PBFDX vs. FATIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Payson Total Return Fund (PBFDX) and Fidelity Advisor Technology Fund Class I (FATIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PBFDX

• 1D: 0.16%
• 1M: 4.62%
• YTD: 13.11%
• 6M: 12.17%
• 1Y: 35.56%
• 3Y*: 24.69%
• 5Y*: 15.44%
• 10Y*: 16.93%

FATIX

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

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

PBFDX vs. FATIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PBFDX Payson Total Return Fund	13.11%	21.20%	21.77%	25.65%	-14.60%	30.84%	20.49%	31.67%	-1.79%	21.76%
FATIX Fidelity Advisor Technology Fund Class I	0.00%	24.65%	35.36%	59.71%	-36.01%	27.59%	64.34%	50.99%	-8.24%	49.83%

Correlation

The correlation between PBFDX and FATIX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 3, 1996	0.77

Over the past year, the correlation between PBFDX and FATIX has dropped to 0.49 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.

Return for Risk

PBFDX vs. FATIX — Risk / Return Rank

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

PBFDX

PBFDX Risk / Return Rank: 70
PBFDX Sharpe Ratio Rank: 73
PBFDX Sortino Ratio Rank: 65
PBFDX Omega Ratio Rank: 59
PBFDX Calmar Ratio Rank: 74
PBFDX Martin Ratio Rank: 77

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.

PBFDX vs. FATIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Payson Total Return Fund (PBFDX) and Fidelity Advisor Technology Fund Class I (FATIX). 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.

	PBFDX	FATIX	Difference
Sharpe ratio Return per unit of total volatility	2.49	—	—
Sortino ratio Return per unit of downside risk	3.37	—	—
Omega ratio Gain probability vs. loss probability	1.43	—	—
Calmar ratio Return relative to maximum drawdown	3.36	—	—
Martin ratio Return relative to average drawdown	14.49	—	—
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

	PBFDX	FATIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.89	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	—	—

Drawdowns

Drawdown Indicators

	PBFDX	FATIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.99%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.17%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.02%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-6.73%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	—	—

Volatility

Volatility by Period

	PBFDX	FATIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.72%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.01%	—	—

PBFDX vs. FATIX - Expense Ratio Comparison

PBFDX has a 0.82% expense ratio, which is higher than FATIX's 0.71% expense ratio.

Dividends

PBFDX vs. FATIX - Dividend Comparison

PBFDX's dividend yield for the trailing twelve months is around 1.69%, less than FATIX's 9.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FATIX Fidelity Advisor Technology Fund Class I	9.75%	9.75%	7.19%	3.74%	3.32%	11.43%	7.31%	2.50%	22.35%	7.93%	1.52%	4.46%
PBFDX Payson Total Return Fund	1.69%	1.95%	10.67%	4.68%	2.34%	13.07%	7.59%	0.61%	0.67%	4.98%	1.15%	4.81%

Frequently Asked Questions

Can I hold both PBFDX and FATIX in my portfolio?

PBFDX and FATIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.