PRGTX vs. FIKGX

Last updated Aug 4, 2026

PRGTX (T. Rowe Price Global Technology Fund) and FIKGX (Fidelity Advisor Semiconductors Fund Class Z) are both Technology Equities funds. Over the past 5 years, PRGTX returned 6.72%/yr vs 34.34%/yr for FIKGX. Their correlation of 0.83 means they have usually moved in the same direction. PRGTX charges 0.93%/yr vs 0.62%/yr for FIKGX.

Performance

PRGTX vs. FIKGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Technology Fund (PRGTX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRGTX achieves a 25.08% return, which is significantly lower than FIKGX's 49.51% return.

PRGTX

• 1D: 1.19%
• 1M: -4.87%
• 6M: 21.92%
• YTD: 25.08%
• 1Y: 42.17%
• 3Y*: 31.27%
• 5Y*: 6.72%
• 10Y*: 17.66%
• ALL TIME*: 11.98%

FIKGX

• 1D: 0.84%
• 1M: -8.16%
• 6M: 32.12%
• YTD: 49.51%
• 1Y: 87.28%
• 3Y*: 44.45%
• 5Y*: 34.34%
• 10Y*: —
• ALL TIME*: 36.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FIKGX Fidelity Advisor Semiconductors Fund Class Z	$0.00	$0.00	$0.00
PRGTX T. Rowe Price Global Technology Fund	$0.00	$0.00	$0.00

PRGTX vs. FIKGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PRGTX T. Rowe Price Global Technology Fund	25.08%	27.28%	33.12%	55.92%	-55.53%	8.85%	75.77%	34.22%	-4.51%
FIKGX Fidelity Advisor Semiconductors Fund Class Z	49.51%	45.43%	35.88%	75.75%	-34.81%	58.07%	44.21%	64.45%	-11.11%

Correlation

The correlation between PRGTX and FIKGX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018	0.83

The correlation between PRGTX and FIKGX has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.

Return for Risk

PRGTX vs. FIKGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRGTX

PRGTX Risk / Return Rank: 46
PRGTX Sharpe Ratio Rank: 44
PRGTX Sortino Ratio Rank: 39
PRGTX Omega Ratio Rank: 42
PRGTX Calmar Ratio Rank: 56
PRGTX Martin Ratio Rank: 47

FIKGX

FIKGX Risk / Return Rank: 81
FIKGX Sharpe Ratio Rank: 85
FIKGX Sortino Ratio Rank: 71
FIKGX Omega Ratio Rank: 73
FIKGX Calmar Ratio Rank: 87
FIKGX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRGTX vs. FIKGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Technology Fund (PRGTX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). 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.

	PRGTX	FIKGX	Difference
Sharpe ratio: Return per unit of total volatility	1.35	2.10	-0.75
Sortino ratio: Return per unit of downside risk	1.83	2.51	-0.67
Omega ratio: Gain probability vs. loss probability	1.24	1.33	-0.08
Calmar ratio: Return relative to maximum drawdown	2.13	3.18	-1.05
Martin ratio: Return relative to average drawdown	7.12	13.16	-6.04

PRGTX vs. FIKGX - Sharpe Ratio Comparison

The current PRGTX Sharpe Ratio is 1.35, which is lower than the FIKGX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of PRGTX and FIKGX, 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

PRGTX vs. FIKGX - Drawdown Comparison

The maximum PRGTX drawdown since its inception was -71.18%, which is greater than FIKGX's maximum drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for PRGTX and FIKGX.

Drawdown Indicators

	PRGTX	FIKGX	Difference
Max Drawdown Largest peak-to-trough decline	-71.18%	-45.98%	-25.20%
Max Drawdown (1Y) Largest decline over 1 year	-18.50%	-26.88%	+8.38%
Max Drawdown (3Y) Largest decline over 3 years	-26.67%	-39.67%	+13.00%
Max Drawdown (5Y) Largest decline over 5 years	-65.29%	-45.98%	-19.31%
Max Drawdown (10Y) Largest decline over 10 years	-65.29%	—	—
Current Drawdown Current decline from peak	-13.24%	-20.80%	+7.56%
Average Drawdown Average peak-to-trough decline	-21.45%	-9.83%	-11.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.52%	6.48%	-0.96%

Volatility

PRGTX vs. FIKGX - Volatility Comparison

The current volatility for T. Rowe Price Global Technology Fund (PRGTX) is 11.53%, while Fidelity Advisor Semiconductors Fund Class Z (FIKGX) has a volatility of 16.32%. This indicates that PRGTX experiences smaller price fluctuations and is considered to be less risky than FIKGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRGTX	FIKGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.53%	16.32%	-4.79%
Volatility (6M) Calculated over the trailing 6-month period	25.45%	34.46%	-9.01%
Volatility (1Y) Calculated over the trailing 1-year period	29.04%	40.69%	-11.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.65%	39.92%	-7.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.83%	39.07%	-10.24%

PRGTX vs. FIKGX - Expense Ratio Comparison

PRGTX has a 0.93% expense ratio, which is higher than FIKGX's 0.62% expense ratio.

Dividends

PRGTX vs. FIKGX - Dividend Comparison

PRGTX has not paid dividends to shareholders, while FIKGX's dividend yield for the trailing twelve months is around 4.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIKGX Fidelity Advisor Semiconductors Fund Class Z	4.46%	6.67%	0.00%	3.14%	3.08%	4.19%	4.54%	1.08%	19.72%	0.00%	0.00%	0.00%
PRGTX T. Rowe Price Global Technology Fund	0.00%	0.00%	0.00%	0.00%	3.28%	27.71%	5.05%	0.15%	24.67%	15.81%	9.46%	10.03%

Frequently Asked Questions

Can I hold both PRGTX and FIKGX in my portfolio?

With a correlation of 0.90, PRGTX and FIKGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PRGTX or FIKGX?

FIKGX has higher volatility (16.32%) compared to PRGTX (11.53%). In terms of maximum drawdown, PRGTX dropped -71.18% vs FIKGX's -45.98%.

Which has better risk-adjusted returns?

FIKGX currently has the higher Sharpe Ratio (2.10 vs 1.35), 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.