PGTIX vs. FGETX

Last updated Jun 25, 2026

PGTIX (T. Rowe Price Global Technology Fund I Class) and FGETX (Fidelity Advisor Global Capital Appreciation Fund Class M) are both mutual funds - PGTIX is a Technology Equities fund actively managed by T. Rowe Price, while FGETX is a Global Equities fund managed by Fidelity. Over the past 5 years, PGTIX returned 8.44%/yr vs 13.73%/yr for FGETX. Their correlation of 0.82 suggests significant overlap in exposure. PGTIX charges 0.78%/yr vs 1.41%/yr for FGETX.

Performance

PGTIX vs. FGETX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Technology Fund I Class (PGTIX) and Fidelity Advisor Global Capital Appreciation Fund Class M (FGETX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PGTIX achieves a 34.82% return, which is significantly higher than FGETX's 12.26% return.

PGTIX

• 1D: -5.45%
• 1M: 1.58%
• YTD: 34.82%
• 6M: 34.82%
• 1Y: 60.69%
• 3Y*: 37.12%
• 5Y*: 8.44%
• 10Y*: —

FGETX

• 1D: -3.15%
• 1M: 2.51%
• YTD: 12.26%
• 6M: 11.53%
• 1Y: 27.24%
• 3Y*: 26.20%
• 5Y*: 13.73%
• 10Y*: 13.66%

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

PGTIX vs. FGETX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PGTIX T. Rowe Price Global Technology Fund I Class	34.82%	27.48%	33.33%	56.25%	-55.48%	8.92%	75.98%	34.28%	-9.95%	45.22%
FGETX Fidelity Advisor Global Capital Appreciation Fund Class M	12.26%	17.50%	38.90%	28.15%	-24.87%	18.56%	24.04%	22.43%	-18.44%	30.02%

Correlation

The correlation between PGTIX and FGETX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.82

The correlation between PGTIX and FGETX has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

Return for Risk

PGTIX vs. FGETX — Risk / Return Rank

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

PGTIX

PGTIX Risk / Return Rank: 82
PGTIX Sharpe Ratio Rank: 85
PGTIX Sortino Ratio Rank: 68
PGTIX Omega Ratio Rank: 76
PGTIX Calmar Ratio Rank: 95
PGTIX Martin Ratio Rank: 88

FGETX

FGETX Risk / Return Rank: 42
FGETX Sharpe Ratio Rank: 41
FGETX Sortino Ratio Rank: 36
FGETX Omega Ratio Rank: 41
FGETX Calmar Ratio Rank: 43
FGETX Martin Ratio Rank: 49

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.

PGTIX vs. FGETX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Technology Fund I Class (PGTIX) and Fidelity Advisor Global Capital Appreciation Fund Class M (FGETX). 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.

	PGTIX	FGETX	Difference
Sharpe ratio: Return per unit of total volatility	2.45	1.63	+0.82
Sortino ratio: Return per unit of downside risk	2.92	2.18	+0.75
Omega ratio: Gain probability vs. loss probability	1.42	1.30	+0.12
Calmar ratio: Return relative to maximum drawdown	5.01	2.26	+2.75
Martin ratio: Return relative to average drawdown	14.84	9.01	+5.83

PGTIX vs. FGETX - Sharpe Ratio Comparison

The current PGTIX Sharpe Ratio is 2.45, which is higher than the FGETX Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of PGTIX and FGETX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PGTIX vs. FGETX - Drawdown Comparison

The maximum PGTIX drawdown since its inception was -65.26%, which is greater than FGETX's maximum drawdown of -61.87%. Use the drawdown chart below to compare losses from any high point for PGTIX and FGETX.

Drawdown Indicators

	PGTIX	FGETX	Difference
Max Drawdown Largest peak-to-trough decline	-65.26%	-61.87%	-3.39%
Max Drawdown (1Y) Largest decline over 1 year	-12.99%	-13.07%	+0.08%
Max Drawdown (3Y) Largest decline over 3 years	-26.71%	-19.47%	-7.24%
Max Drawdown (5Y) Largest decline over 5 years	-65.26%	-33.08%	-32.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.49%	—
Current Drawdown Current decline from peak	-6.53%	-3.15%	-3.38%
Average Drawdown Average peak-to-trough decline	-18.92%	-13.55%	-5.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	3.27%	+1.11%

Volatility

PGTIX vs. FGETX - Volatility Comparison

T. Rowe Price Global Technology Fund I Class (PGTIX) has a higher volatility of 14.57% compared to Fidelity Advisor Global Capital Appreciation Fund Class M (FGETX) at 8.41%. This indicates that PGTIX's price experiences larger fluctuations and is considered to be riskier than FGETX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGTIX	FGETX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.57%	8.41%	+6.16%
Volatility (6M) Calculated over the trailing 6-month period	22.64%	15.27%	+7.37%
Volatility (1Y) Calculated over the trailing 1-year period	26.56%	18.18%	+8.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.29%	19.28%	+13.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.19%	18.69%	+10.50%

PGTIX vs. FGETX - Expense Ratio Comparison

PGTIX has a 0.78% expense ratio, which is lower than FGETX's 1.41% expense ratio.

Dividends

PGTIX vs. FGETX - Dividend Comparison

PGTIX has not paid dividends to shareholders, while FGETX's dividend yield for the trailing twelve months is around 9.41%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGETX Fidelity Advisor Global Capital Appreciation Fund Class M	9.41%	10.57%	15.99%	6.61%	0.00%	8.54%	0.00%	0.20%	11.00%	14.29%	1.07%	0.59%
PGTIX T. Rowe Price Global Technology Fund I Class	0.00%	0.00%	0.00%	0.00%	3.27%	27.92%	5.04%	0.07%	24.92%	15.91%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PGTIX and FGETX in my portfolio?

PGTIX and FGETX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PGTIX or FGETX?

PGTIX has higher volatility (14.57%) compared to FGETX (8.41%). In terms of maximum drawdown, PGTIX dropped -65.26% vs FGETX's -61.87%.

Which has better risk-adjusted returns?

PGTIX currently has the higher Sharpe Ratio (2.45 vs 1.63), 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.