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PHSTX vs. FBTTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PHSTX vs. FBTTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Global Health Care Fund (PHSTX) and Fidelity Advisor Biotechnology Fund Class M (FBTTX). The values are adjusted to include any dividend payments, if applicable.

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PHSTX vs. FBTTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PHSTX
Putnam Global Health Care Fund
-3.14%15.20%1.35%9.11%-4.88%19.60%15.94%30.26%-0.76%15.30%
FBTTX
Fidelity Advisor Biotechnology Fund Class M
2.18%39.21%5.08%10.43%-8.22%-3.35%31.82%25.39%-4.19%25.37%

Returns By Period

In the year-to-date period, PHSTX achieves a -3.14% return, which is significantly lower than FBTTX's 2.18% return. Over the past 10 years, PHSTX has underperformed FBTTX with an annualized return of 9.09%, while FBTTX has yielded a comparatively higher 11.54% annualized return.


PHSTX

1D
2.17%
1M
-6.22%
YTD
-3.14%
6M
4.32%
1Y
8.04%
3Y*
8.04%
5Y*
6.90%
10Y*
9.09%

FBTTX

1D
5.09%
1M
-0.77%
YTD
2.18%
6M
15.39%
1Y
55.03%
3Y*
20.14%
5Y*
8.63%
10Y*
11.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PHSTX vs. FBTTX - Expense Ratio Comparison

PHSTX has a 1.05% expense ratio, which is lower than FBTTX's 1.28% expense ratio.


Return for Risk

PHSTX vs. FBTTX — Risk / Return Rank

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

PHSTX
PHSTX Risk / Return Rank: 1313
Overall Rank
PHSTX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
PHSTX Sortino Ratio Rank: 1111
Sortino Ratio Rank
PHSTX Omega Ratio Rank: 1010
Omega Ratio Rank
PHSTX Calmar Ratio Rank: 1717
Calmar Ratio Rank
PHSTX Martin Ratio Rank: 1313
Martin Ratio Rank

FBTTX
FBTTX Risk / Return Rank: 8989
Overall Rank
FBTTX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FBTTX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FBTTX Omega Ratio Rank: 7979
Omega Ratio Rank
FBTTX Calmar Ratio Rank: 9393
Calmar Ratio Rank
FBTTX Martin Ratio Rank: 9393
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.

PHSTX vs. FBTTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Global Health Care Fund (PHSTX) and Fidelity Advisor Biotechnology Fund Class M (FBTTX). 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.


PHSTXFBTTXDifference

Sharpe ratio

Return per unit of total volatility

0.37

1.92

-1.56

Sortino ratio

Return per unit of downside risk

0.61

2.52

-1.90

Omega ratio

Gain probability vs. loss probability

1.08

1.32

-0.25

Calmar ratio

Return relative to maximum drawdown

0.57

3.13

-2.56

Martin ratio

Return relative to average drawdown

1.33

12.48

-11.15

PHSTX vs. FBTTX - Sharpe Ratio Comparison

The current PHSTX Sharpe Ratio is 0.37, which is lower than the FBTTX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of PHSTX and FBTTX, 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


PHSTXFBTTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.37

1.92

-1.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.37

+0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.47

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.30

+0.31

Correlation

The correlation between PHSTX and FBTTX is 0.78, 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

PHSTX vs. FBTTX - Dividend Comparison

PHSTX's dividend yield for the trailing twelve months is around 1.84%, more than FBTTX's 1.50% yield.


TTM20252024202320222021202020192018201720162015
PHSTX
Putnam Global Health Care Fund
1.84%1.79%4.92%5.62%7.82%11.98%9.58%5.72%6.82%17.31%10.65%13.06%
FBTTX
Fidelity Advisor Biotechnology Fund Class M
1.50%1.53%6.41%0.93%0.00%21.60%8.79%7.10%2.64%0.00%0.00%5.42%

Drawdowns

PHSTX vs. FBTTX - Drawdown Comparison

The maximum PHSTX drawdown since its inception was -45.51%, smaller than the maximum FBTTX drawdown of -63.75%. Use the drawdown chart below to compare losses from any high point for PHSTX and FBTTX.


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Drawdown Indicators


PHSTXFBTTXDifference

Max Drawdown

Largest peak-to-trough decline

-45.51%

-63.75%

+18.24%

Max Drawdown (1Y)

Largest decline over 1 year

-10.02%

-13.58%

+3.56%

Max Drawdown (5Y)

Largest decline over 5 years

-20.71%

-36.64%

+15.93%

Max Drawdown (10Y)

Largest decline over 10 years

-25.51%

-39.04%

+13.53%

Current Drawdown

Current decline from peak

-7.14%

-2.61%

-4.53%

Average Drawdown

Average peak-to-trough decline

-9.93%

-21.95%

+12.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.76%

3.72%

+1.04%

Volatility

PHSTX vs. FBTTX - Volatility Comparison

The current volatility for Putnam Global Health Care Fund (PHSTX) is 4.94%, while Fidelity Advisor Biotechnology Fund Class M (FBTTX) has a volatility of 9.37%. This indicates that PHSTX experiences smaller price fluctuations and is considered to be less risky than FBTTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PHSTXFBTTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.94%

9.37%

-4.43%

Volatility (6M)

Calculated over the trailing 6-month period

10.17%

17.02%

-6.85%

Volatility (1Y)

Calculated over the trailing 1-year period

16.83%

25.99%

-9.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.24%

23.31%

-9.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.80%

24.58%

-8.78%