THQ vs. FBIOX
THQ (Abrdn Healthcare Opportunities Fund) and FBIOX (Fidelity Select Biotechnology Portfolio) are both Health & Biotech Equities funds. Over the past 10 years, THQ returned 9.78%/yr vs 11.63%/yr for FBIOX. A 0.59 correlation means they provide meaningful diversification when combined. THQ charges 1.47%/yr vs 0.69%/yr for FBIOX.
Performance
THQ vs. FBIOX - Performance Comparison
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Returns By Period
In the year-to-date period, THQ achieves a 3.92% return, which is significantly lower than FBIOX's 21.02% return. Over the past 10 years, THQ has underperformed FBIOX with an annualized return of 9.78%, while FBIOX has yielded a comparatively higher 11.63% annualized return.
THQ
- 1D
- -1.21%
- 1M
- 1.67%
- 6M
- 0.45%
- YTD
- 3.92%
- 1Y
- 17.81%
- 3Y*
- 10.58%
- 5Y*
- 4.34%
- 10Y*
- 9.78%
FBIOX
- 1D
- -2.44%
- 1M
- 14.97%
- 6M
- 22.43%
- YTD
- 21.02%
- 1Y
- 64.77%
- 3Y*
- 23.93%
- 5Y*
- 8.10%
- 10Y*
- 11.63%
THQ vs. FBIOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THQ Abrdn Healthcare Opportunities Fund | 3.92% | 13.88% | 15.51% | -1.62% | -17.53% | 33.39% | 15.20% | 22.70% | 3.41% | 21.84% |
FBIOX Fidelity Select Biotechnology Portfolio | 21.02% | 36.38% | 7.26% | 10.09% | -15.87% | -12.26% | 38.62% | 36.12% | -10.92% | 27.87% |
Correlation
The correlation between THQ and FBIOX is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2014 | 0.59 |
The correlation between THQ and FBIOX has been stable across timeframes, ranging from 0.52 to 0.59 - a consistent structural relationship.
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Return for Risk
THQ vs. FBIOX — Risk / Return Rank
THQ
FBIOX
THQ vs. FBIOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Healthcare Opportunities Fund (THQ) and Fidelity Select Biotechnology Portfolio (FBIOX). 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.
| THQ | FBIOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.46 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 8.21 | -7.14 |
| Martin ratioReturn relative to average drawdown | 3.22 | 25.01 | -21.79 |
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Drawdowns
THQ vs. FBIOX - Drawdown Comparison
The maximum THQ drawdown since its inception was -39.35%, smaller than the maximum FBIOX drawdown of -71.98%. Use the drawdown chart below to compare losses from any high point for THQ and FBIOX.
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Drawdown Indicators
| THQ | FBIOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.35% | -71.98% | +32.63% |
Max Drawdown (1Y)Largest decline over 1 year | -16.74% | -7.62% | -9.12% |
Max Drawdown (3Y)Largest decline over 3 years | -25.86% | -27.83% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -32.20% | -44.87% | +12.67% |
Max Drawdown (10Y)Largest decline over 10 years | -39.35% | -48.66% | +9.31% |
Current DrawdownCurrent decline from peak | -1.99% | -2.44% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -8.58% | -23.57% | +14.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.55% | 2.50% | +3.05% |
Volatility
THQ vs. FBIOX - Volatility Comparison
The current volatility for Abrdn Healthcare Opportunities Fund (THQ) is 6.26%, while Fidelity Select Biotechnology Portfolio (FBIOX) has a volatility of 6.90%. This indicates that THQ experiences smaller price fluctuations and is considered to be less risky than FBIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THQ | FBIOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.26% | 6.90% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.94% | 17.10% | -3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 21.55% | -2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.21% | 25.11% | -5.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.52% | 26.16% | -5.64% |
THQ vs. FBIOX - Expense Ratio Comparison
THQ has a 1.47% expense ratio, which is higher than FBIOX's 0.69% expense ratio.
Dividends
THQ vs. FBIOX - Dividend Comparison
THQ's dividend yield for the trailing twelve months is around 11.51%, more than FBIOX's 5.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIOX Fidelity Select Biotechnology Portfolio | 5.56% | 2.47% | 1.21% | 0.45% | 0.00% | 14.48% | 19.46% | 8.89% | 11.18% | 1.41% | 3.42% | 6.71% |
THQ Abrdn Healthcare Opportunities Fund | 11.51% | 11.29% | 11.09% | 7.45% | 6.81% | 5.27% | 6.62% | 7.08% | 8.05% | 7.71% | 8.70% | 9.50% |
Frequently Asked Questions
THQ and FBIOX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBIOX has higher volatility (6.90%) compared to THQ (6.26%). In terms of maximum drawdown, THQ dropped -39.35% vs FBIOX's -71.98%.
FBIOX currently has the higher Sharpe Ratio (2.91 vs 0.95), 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.
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