VCSTX vs. FELTX

Last updated Aug 1, 2026

VCSTX (VALIC Company I Science & Technology Fund) and FELTX (Fidelity Advisor Semiconductors Fund Class M) are both Technology Equities funds. Over the past 10 years, VCSTX returned 19.46%/yr vs 32.82%/yr for FELTX. Their correlation of 0.88 means they have usually moved in the same direction. VCSTX charges 0.94%/yr vs 1.26%/yr for FELTX.

Performance

VCSTX vs. FELTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VALIC Company I Science & Technology Fund (VCSTX) and Fidelity Advisor Semiconductors Fund Class M (FELTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCSTX achieves a 18.07% return, which is significantly lower than FELTX's 47.74% return. Over the past 10 years, VCSTX has underperformed FELTX with an annualized return of 19.46%, while FELTX has yielded a comparatively higher 32.82% annualized return.

VCSTX

• 1D: 5.21%
• 1M: -6.20%
• 6M: 15.37%
• YTD: 18.07%
• 1Y: 29.48%
• 3Y*: 27.56%
• 5Y*: 13.44%
• 10Y*: 19.46%
• ALL TIME*: 6.81%

FELTX

• 1D: 7.40%
• 1M: -8.96%
• 6M: 32.31%
• YTD: 47.74%
• 1Y: 84.58%
• 3Y*: 45.92%
• 5Y*: 34.89%
• 10Y*: 32.82%
• ALL TIME*: 14.30%

*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)
FELTX Fidelity Advisor Semiconductors Fund Class M	$0.00	$0.00	$0.00
VCSTX VALIC Company I Science & Technology Fund	$0.00	$0.00	$0.00

VCSTX vs. FELTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCSTX VALIC Company I Science & Technology Fund	18.07%	22.57%	32.60%	55.45%	-38.09%	11.89%	57.90%	39.12%	-9.29%	41.36%
FELTX Fidelity Advisor Semiconductors Fund Class M	47.74%	44.53%	43.39%	74.66%	-35.23%	57.08%	43.20%	63.20%	-13.06%	33.66%

Correlation

The correlation between VCSTX and FELTX is 0.87, 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.	0.87
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (10Y) Provides a long-term view across more market conditions.	0.85
Correlation (All Time) Calculated using the full available price history since Dec 27, 2000	0.88

The correlation between VCSTX and FELTX has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

Return for Risk

VCSTX vs. FELTX — Risk / Return Rank

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

VCSTX

VCSTX Risk / Return Rank: 29
VCSTX Sharpe Ratio Rank: 28
VCSTX Sortino Ratio Rank: 28
VCSTX Omega Ratio Rank: 28
VCSTX Calmar Ratio Rank: 33
VCSTX Martin Ratio Rank: 29

FELTX

FELTX Risk / Return Rank: 81
FELTX Sharpe Ratio Rank: 82
FELTX Sortino Ratio Rank: 72
FELTX Omega Ratio Rank: 72
FELTX Calmar Ratio Rank: 86
FELTX 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.

VCSTX vs. FELTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Science & Technology Fund (VCSTX) and Fidelity Advisor Semiconductors Fund Class M (FELTX). 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.

	VCSTX	FELTX	Difference
Sharpe ratio: Return per unit of total volatility	0.95	1.96	-1.01
Sortino ratio: Return per unit of downside risk	1.39	2.39	-1.00
Omega ratio: Gain probability vs. loss probability	1.17	1.31	-0.14
Calmar ratio: Return relative to maximum drawdown	1.43	2.96	-1.54
Martin ratio: Return relative to average drawdown	4.09	12.52	-8.43

VCSTX vs. FELTX - Sharpe Ratio Comparison

The current VCSTX Sharpe Ratio is 0.95, which is lower than the FELTX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of VCSTX and FELTX, 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

VCSTX vs. FELTX - Drawdown Comparison

The maximum VCSTX drawdown since its inception was -89.61%, which is greater than FELTX's maximum drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for VCSTX and FELTX.

Drawdown Indicators

	VCSTX	FELTX	Difference
Max Drawdown Largest peak-to-trough decline	-89.61%	-71.50%	-18.11%
Max Drawdown (1Y) Largest decline over 1 year	-18.59%	-26.92%	+8.33%
Max Drawdown (3Y) Largest decline over 3 years	-28.63%	-36.47%	+7.84%
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	-46.25%	+1.34%
Max Drawdown (10Y) Largest decline over 10 years	-44.91%	-46.25%	+1.34%
Current Drawdown Current decline from peak	-14.35%	-21.51%	+7.16%
Average Drawdown Average peak-to-trough decline	-46.89%	-22.33%	-24.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.47%	6.37%	+0.10%

Volatility

VCSTX vs. FELTX - Volatility Comparison

The current volatility for VALIC Company I Science & Technology Fund (VCSTX) is 10.92%, while Fidelity Advisor Semiconductors Fund Class M (FELTX) has a volatility of 16.84%. This indicates that VCSTX experiences smaller price fluctuations and is considered to be less risky than FELTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCSTX	FELTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.92%	16.84%	-5.92%
Volatility (6M) Calculated over the trailing 6-month period	24.02%	34.46%	-10.44%
Volatility (1Y) Calculated over the trailing 1-year period	28.02%	40.70%	-12.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.96%	39.86%	-11.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.03%	35.49%	-9.46%

VCSTX vs. FELTX - Expense Ratio Comparison

VCSTX has a 0.94% expense ratio, which is lower than FELTX's 1.26% expense ratio.

Dividends

VCSTX vs. FELTX - Dividend Comparison

VCSTX's dividend yield for the trailing twelve months is around 6.31%, more than FELTX's 4.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FELTX Fidelity Advisor Semiconductors Fund Class M	4.97%	7.35%	7.56%	3.64%	3.54%	4.50%	4.56%	0.95%	20.90%	9.73%	0.13%	10.79%
VCSTX VALIC Company I Science & Technology Fund	6.31%	0.00%	0.00%	16.31%	42.68%	11.14%	8.13%	19.76%	0.00%	6.21%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VCSTX and FELTX in my portfolio?

VCSTX and FELTX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCSTX or FELTX?

FELTX has higher volatility (16.84%) compared to VCSTX (10.92%). In terms of maximum drawdown, VCSTX dropped -89.61% vs FELTX's -71.50%.

Which has better risk-adjusted returns?

FELTX currently has the higher Sharpe Ratio (1.96 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.