WSTAX vs. FIKGX

Last updated Jul 14, 2026

WSTAX (Nomura Science and Technology Fund Class A) and FIKGX (Fidelity Advisor Semiconductors Fund Class Z) are both Technology Equities funds. Over the past 5 years, WSTAX returned 23.66%/yr vs 38.21%/yr for FIKGX. Their correlation of 0.89 suggests significant overlap in exposure. WSTAX charges 1.17%/yr vs 0.62%/yr for FIKGX.

Performance

WSTAX vs. FIKGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nomura Science and Technology Fund Class A (WSTAX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WSTAX achieves a 39.99% return, which is significantly lower than FIKGX's 69.86% return.

WSTAX

• 1D: 0.35%
• 1M: 2.99%
• 6M: 31.43%
• YTD: 39.99%
• 1Y: 60.15%
• 3Y*: 49.47%
• 5Y*: 23.66%
• 10Y*: 24.60%

FIKGX

• 1D: 0.21%
• 1M: -3.03%
• 6M: 58.20%
• YTD: 69.86%
• 1Y: 115.26%
• 3Y*: 53.20%
• 5Y*: 38.21%
• 10Y*: —

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

WSTAX vs. FIKGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WSTAX Nomura Science and Technology Fund Class A	39.99%	33.91%	59.64%	40.44%	-32.50%	14.19%	36.12%	50.35%	-14.68%
FIKGX Fidelity Advisor Semiconductors Fund Class Z	69.86%	45.43%	35.88%	75.75%	-34.81%	58.07%	44.21%	64.45%	-11.11%

Correlation

The correlation between WSTAX and FIKGX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018	0.89

The correlation between WSTAX and FIKGX has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

Return for Risk

WSTAX vs. FIKGX — Risk / Return Rank

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

WSTAX

WSTAX Risk / Return Rank: 81
WSTAX Sharpe Ratio Rank: 84
WSTAX Sortino Ratio Rank: 72
WSTAX Omega Ratio Rank: 75
WSTAX Calmar Ratio Rank: 89
WSTAX Martin Ratio Rank: 86

FIKGX

FIKGX Risk / Return Rank: 92
FIKGX Sharpe Ratio Rank: 97
FIKGX Sortino Ratio Rank: 85
FIKGX Omega Ratio Rank: 84
FIKGX Calmar Ratio Rank: 98
FIKGX Martin Ratio Rank: 98

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.

WSTAX vs. FIKGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nomura Science and Technology Fund Class A (WSTAX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). 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.

	WSTAX	FIKGX	Difference
Sharpe ratio: Return per unit of total volatility	2.20	3.03	-0.82
Sortino ratio: Return per unit of downside risk	2.70	3.25	-0.55
Omega ratio: Gain probability vs. loss probability	1.37	1.45	-0.08
Calmar ratio: Return relative to maximum drawdown	3.59	7.54	-3.95
Martin ratio: Return relative to average drawdown	12.43	24.94	-12.51

WSTAX vs. FIKGX - Sharpe Ratio Comparison

The current WSTAX Sharpe Ratio is 2.20, which is comparable to the FIKGX Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of WSTAX and FIKGX, 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

WSTAX vs. FIKGX - Drawdown Comparison

The maximum WSTAX drawdown since its inception was -55.39%, which is greater than FIKGX's maximum drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for WSTAX and FIKGX.

Drawdown Indicators

	WSTAX	FIKGX	Difference
Max Drawdown Largest peak-to-trough decline	-55.39%	-45.98%	-9.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.73%	-15.36%	-1.37%
Max Drawdown (3Y) Largest decline over 3 years	-27.35%	-39.67%	+12.32%
Max Drawdown (5Y) Largest decline over 5 years	-55.39%	-45.98%	-9.41%
Max Drawdown (10Y) Largest decline over 10 years	-55.39%	—	—
Current Drawdown Current decline from peak	-4.03%	-10.03%	+6.00%
Average Drawdown Average peak-to-trough decline	-14.90%	-9.77%	-5.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	4.63%	+0.19%

Volatility

WSTAX vs. FIKGX - Volatility Comparison

The current volatility for Nomura Science and Technology Fund Class A (WSTAX) is 12.43%, while Fidelity Advisor Semiconductors Fund Class Z (FIKGX) has a volatility of 18.99%. This indicates that WSTAX experiences smaller price fluctuations and is considered to be less risky than FIKGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WSTAX	FIKGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.43%	18.99%	-6.56%
Volatility (6M) Calculated over the trailing 6-month period	22.76%	31.92%	-9.16%
Volatility (1Y) Calculated over the trailing 1-year period	27.28%	38.26%	-10.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.46%	39.51%	-2.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.90%	38.89%	-7.99%

WSTAX vs. FIKGX - Expense Ratio Comparison

WSTAX has a 1.17% expense ratio, which is higher than FIKGX's 0.62% expense ratio.

Dividends

WSTAX vs. FIKGX - Dividend Comparison

WSTAX's dividend yield for the trailing twelve months is around 13.08%, more than FIKGX's 3.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIKGX Fidelity Advisor Semiconductors Fund Class Z	3.93%	6.67%	0.00%	3.14%	3.08%	4.19%	4.54%	1.08%	19.72%	0.00%	0.00%	0.00%
WSTAX Nomura Science and Technology Fund Class A	13.08%	18.32%	36.08%	11.62%	33.72%	42.99%	8.89%	11.48%	13.99%	6.95%	0.00%	2.50%

Frequently Asked Questions

Can I hold both WSTAX and FIKGX in my portfolio?

WSTAX and FIKGX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WSTAX or FIKGX?

FIKGX has higher volatility (18.99%) compared to WSTAX (12.43%). In terms of maximum drawdown, WSTAX dropped -55.39% vs FIKGX's -45.98%.

Which has better risk-adjusted returns?

FIKGX currently has the higher Sharpe Ratio (3.03 vs 2.20), 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.