TEFQX vs. FELAX
Compare and contrast key facts about Firsthand Technology Opportunities Fund (TEFQX) and Fidelity Advisor Semiconductors Fund Class A (FELAX).
TEFQX is managed by Firsthand Funds. It was launched on Sep 29, 1999. FELAX is managed by Fidelity. It was launched on Dec 27, 2000.
Performance
TEFQX vs. FELAX - Performance Comparison
Loading graphics...
TEFQX vs. FELAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEFQX Firsthand Technology Opportunities Fund | -15.04% | 29.82% | -22.02% | 10.81% | -60.11% | -16.48% | 97.04% | 28.50% | 4.31% | 55.45% |
FELAX Fidelity Advisor Semiconductors Fund Class A | 7.43% | 44.88% | 43.74% | 75.08% | -35.07% | 57.50% | 43.57% | 63.76% | -12.76% | 34.12% |
Returns By Period
In the year-to-date period, TEFQX achieves a -15.04% return, which is significantly lower than FELAX's 7.43% return. Over the past 10 years, TEFQX has underperformed FELAX with an annualized return of 3.92%, while FELAX has yielded a comparatively higher 30.52% annualized return.
TEFQX
- 1D
- 6.09%
- 1M
- -8.13%
- YTD
- -15.04%
- 6M
- -20.68%
- 1Y
- 14.52%
- 3Y*
- -5.01%
- 5Y*
- -20.06%
- 10Y*
- 3.92%
FELAX
- 1D
- 7.13%
- 1M
- -4.47%
- YTD
- 7.43%
- 6M
- 14.34%
- 1Y
- 88.29%
- 3Y*
- 41.26%
- 5Y*
- 28.70%
- 10Y*
- 30.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TEFQX vs. FELAX - Expense Ratio Comparison
TEFQX has a 1.85% expense ratio, which is higher than FELAX's 1.01% expense ratio.
Return for Risk
TEFQX vs. FELAX — Risk / Return Rank
TEFQX
FELAX
TEFQX vs. FELAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Firsthand Technology Opportunities Fund (TEFQX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). 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.
| TEFQX | FELAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.43 | 2.25 | -1.81 |
Sortino ratioReturn per unit of downside risk | 0.83 | 2.85 | -2.02 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.40 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | 0.31 | 5.18 | -4.87 |
Martin ratioReturn relative to average drawdown | 0.83 | 19.59 | -18.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TEFQX | FELAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.43 | 2.25 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | 0.76 | -1.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.89 | -0.82 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.40 | -0.42 |
Correlation
The correlation between TEFQX and FELAX is 0.74, 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
TEFQX vs. FELAX - Dividend Comparison
TEFQX has not paid dividends to shareholders, while FELAX's dividend yield for the trailing twelve months is around 6.48%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEFQX Firsthand Technology Opportunities Fund | 0.00% | 0.00% | 0.00% | 1.91% | 54.72% | 6.88% | 15.27% | 5.54% | 0.00% | 0.00% | 27.74% | 0.00% |
FELAX Fidelity Advisor Semiconductors Fund Class A | 6.48% | 6.96% | 7.02% | 3.40% | 3.32% | 4.34% | 4.51% | 1.00% | 20.15% | 9.67% | 0.36% | 10.71% |
Drawdowns
TEFQX vs. FELAX - Drawdown Comparison
The maximum TEFQX drawdown since its inception was -92.33%, which is greater than FELAX's maximum drawdown of -71.33%. Use the drawdown chart below to compare losses from any high point for TEFQX and FELAX.
Loading graphics...
Drawdown Indicators
| TEFQX | FELAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.33% | -71.33% | -21.00% |
Max Drawdown (1Y)Largest decline over 1 year | -29.26% | -17.10% | -12.16% |
Max Drawdown (5Y)Largest decline over 5 years | -79.25% | -46.15% | -33.10% |
Max Drawdown (10Y)Largest decline over 10 years | -80.17% | -46.15% | -34.02% |
Current DrawdownCurrent decline from peak | -73.68% | -8.57% | -65.11% |
Average DrawdownAverage peak-to-trough decline | -60.08% | -22.02% | -38.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.04% | 4.52% | +6.52% |
Volatility
TEFQX vs. FELAX - Volatility Comparison
The current volatility for Firsthand Technology Opportunities Fund (TEFQX) is 11.87%, while Fidelity Advisor Semiconductors Fund Class A (FELAX) has a volatility of 12.79%. This indicates that TEFQX experiences smaller price fluctuations and is considered to be less risky than FELAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TEFQX | FELAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.87% | 12.79% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 24.60% | 25.67% | -1.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.62% | 40.20% | -3.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.89% | 38.07% | +35.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.22% | 34.41% | +20.81% |