WITS.AS vs. FIKHX
Compare and contrast key facts about iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) and Fidelity Advisor Technology Fund Class Z (FIKHX).
WITS.AS is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Oct 16, 2019. FIKHX is managed by Fidelity. It was launched on Oct 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WITS.AS or FIKHX.
Performance
WITS.AS vs. FIKHX - Performance Comparison
Returns By Period
In the year-to-date period, WITS.AS achieves a 27.23% return, which is significantly lower than FIKHX's 31.25% return.
WITS.AS
27.23%
0.63%
10.13%
34.89%
21.69%
N/A
FIKHX
31.25%
0.38%
12.27%
34.79%
17.75%
N/A
Key characteristics
| WITS.AS | FIKHX | |
|---|---|---|
| Sharpe Ratio | 1.59 | 1.49 |
| Sortino Ratio | 2.15 | 2.01 |
| Omega Ratio | 1.28 | 1.26 |
| Calmar Ratio | 2.06 | 1.80 |
| Martin Ratio | 6.80 | 7.01 |
| Ulcer Index | 4.88% | 4.93% |
| Daily Std Dev | 20.87% | 23.31% |
| Max Drawdown | -39.08% | -46.63% |
| Current Drawdown | -3.10% | -3.09% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WITS.AS vs. FIKHX - Expense Ratio Comparison
WITS.AS has a 0.25% expense ratio, which is lower than FIKHX's 0.59% expense ratio.
Correlation
The correlation between WITS.AS and FIKHX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
WITS.AS vs. FIKHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) 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.
Dividends
WITS.AS vs. FIKHX - Dividend Comparison
WITS.AS's dividend yield for the trailing twelve months is around 0.37%, while FIKHX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF | 0.37% | 0.46% | 0.81% | 0.41% | 0.73% | 0.12% |
FIKHX Fidelity Advisor Technology Fund Class Z | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WITS.AS vs. FIKHX - Drawdown Comparison
The maximum WITS.AS drawdown since its inception was -39.08%, smaller than the maximum FIKHX drawdown of -46.63%. Use the drawdown chart below to compare losses from any high point for WITS.AS and FIKHX. For additional features, visit the drawdowns tool.
Volatility
WITS.AS vs. FIKHX - Volatility Comparison
iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) and Fidelity Advisor Technology Fund Class Z (FIKHX) have volatilities of 6.25% and 6.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.