ROGSX vs. FIKHX

Last updated Jun 5, 2026

ROGSX (Red Oak Technology Select Fund) and FIKHX (Fidelity Advisor Technology Fund Class Z) are both Technology Equities funds. Their correlation of 0.90 suggests significant overlap in exposure. ROGSX charges 0.92%/yr vs 0.59%/yr for FIKHX.

Performance

ROGSX vs. FIKHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Red Oak Technology Select Fund (ROGSX) and Fidelity Advisor Technology Fund Class Z (FIKHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROGSX

• 1D: -0.44%
• 1M: 9.41%
• YTD: 20.86%
• 6M: 19.46%
• 1Y: 45.94%
• 3Y*: 29.76%
• 5Y*: 16.48%
• 10Y*: 20.09%

FIKHX

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

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

ROGSX vs. FIKHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ROGSX Red Oak Technology Select Fund	20.86%	23.37%	24.87%	47.75%	-31.18%	25.16%	26.37%	34.36%	-8.77%
FIKHX Fidelity Advisor Technology Fund Class Z	0.00%	24.77%	35.52%	59.89%	-35.93%	27.74%	64.56%	51.18%	-17.39%

Correlation

The correlation between ROGSX and FIKHX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Oct 18, 2018	0.90

Over the past year, the correlation between ROGSX and FIKHX has dropped to 0.50 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.

Return for Risk

ROGSX vs. FIKHX — Risk / Return Rank

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

ROGSX

ROGSX Risk / Return Rank: 65
ROGSX Sharpe Ratio Rank: 78
ROGSX Sortino Ratio Rank: 59
ROGSX Omega Ratio Rank: 60
ROGSX Calmar Ratio Rank: 72
ROGSX Martin Ratio Rank: 57

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.

ROGSX vs. FIKHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Red Oak Technology Select Fund (ROGSX) 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.

	ROGSX	FIKHX	Difference
Sharpe ratio: Return per unit of total volatility	2.58	—	—
Sortino ratio: Return per unit of downside risk	3.22	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.27	—	—
Martin ratio: Return relative to average drawdown	11.38	—	—
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

	ROGSX	FIKHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.58	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	—	—

Drawdowns

Drawdown Indicators

	ROGSX	FIKHX	Difference
Max Drawdown Largest peak-to-trough decline	-92.96%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.03%	—	—
Current Drawdown Current decline from peak	-0.44%	—	—
Average Drawdown Average peak-to-trough decline	-51.61%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.16%	—	—

Volatility

Volatility by Period

	ROGSX	FIKHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.40%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.45%	—	—

ROGSX vs. FIKHX - Expense Ratio Comparison

ROGSX has a 0.92% expense ratio, which is higher than FIKHX's 0.59% expense ratio.

Dividends

ROGSX vs. FIKHX - Dividend Comparison

ROGSX's dividend yield for the trailing twelve months is around 5.40%, less than FIKHX's 9.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
ROGSX Red Oak Technology Select Fund	5.40%	6.53%	4.38%	4.24%	5.12%	10.80%	4.52%	2.67%	5.26%	6.93%	1.49%	4.45%

Frequently Asked Questions

Can I hold both ROGSX and FIKHX in my portfolio?

ROGSX and FIKHX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.