FIDELITY ADVISOR Competition

FACTX Fund

USD 46.56 -1.05 -2.21%

The fund is listed under the Health category and is part of the Fidelity Investments family. Peers for Fidelity Advisor Health include FIDELITY ADVISOR, FIDELITY ADVISOR, FIDELITY ADVISOR, 2023 ETF, and MULTIMEDIA PORTFOLIO and others in the group. Peer context helps frame relative positioning. Peer comparison for FIDELITY ADVISOR provides quick context before deeper valuation work.

Pair Correlation for FIDELITY ADVISOR and IShares Home Snapshot

Significant diversification

Across the chosen horizon, FACTX and ITB show a correlation of 0.03 and fall into the Significant diversification bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.

Moving against FIDELITY Mutual Fund

0.65	FAUDX	Strategic Advisers Short	Pair Corr
0.63	FSENX	Fidelity Select	Pair Corr
0.61	FAPGX	Fidelity Sustainable Low	Pair Corr
0.6	FARMX	Strategic Advisers	Pair Corr
0.58	FRESX	Fidelity Real Estate	Pair Corr

Specify up to 10 symbols:

The degree to which FIDELITY ADVISOR's exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.

Hype

Prediction

Low	Estimated	High
45.60	46.56	47.52

Details

Intrinsic

Valuation

Low	Real	High
42.43	43.39	51.22

Details

Naive

Forecast

Low	Next	High
44.46	45.42	46.39

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
46.85	48.50	50.14

Details

Before investing in FIDELITY ADVISOR, assess how FIDELITY ADVISOR's compares to its competitive peer group. A company that appears undervalued in absolute terms may be fairly priced when measured against sector-relative benchmarks.

FIDELITY ADVISOR Competition Correlation Matrix

Correlation analysis between Fidelity Advisor Health and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	FACDX	FHCCX	FELIX	EAGL	FBMPX	SQQQ	KRE	GRID	ITB
FACDX		0.91	-0.24	0.78	0.66	-0.75	-0.03	-0.53	0.03	FACDX
FHCCX	0.91		-0.22	0.82	0.61	-0.77	0.02	-0.53	0.08	FHCCX
FELIX	-0.24	-0.22		-0.15	0.09	0.11	0.56	0.86	0.6	FELIX
EAGL	0.78	0.82	-0.15		0.68	-0.76	0.02	-0.51	0.11	EAGL
FBMPX	0.66	0.61	0.09	0.68		-0.81	0.11	-0.25	0.02	FBMPX
SQQQ	-0.75	-0.77	0.11	-0.76	-0.81		0.13	0.48	0.14	SQQQ
KRE	-0.03	0.02	0.56	0.02	0.11	0.13		0.55	0.81	KRE
GRID	-0.53	-0.53	0.86	-0.51	-0.25	0.48	0.55		0.56	GRID
ITB	0.03	0.08	0.6	0.11	0.02	0.14	0.81	0.56		ITB
	FACDX	FHCCX	FELIX	EAGL	FBMPX	SQQQ	KRE	GRID	ITB

High positive correlations

FHCCX	+ 0.91	FACDX
GRID	+ 0.86	FELIX
EAGL	+ 0.82	FHCCX
ITB	+ 0.81	KRE
EAGL	+ 0.78	FACDX
FBMPX	+ 0.68	EAGL

High negative correlations

SQQQ	- 0.81	FBMPX
SQQQ	- 0.77	FHCCX
SQQQ	- 0.76	EAGL
SQQQ	- 0.75	FACDX
GRID	- 0.53	FHCCX
GRID	- 0.53	FACDX

Risk-Adjusted Indicators

There is a big difference between FIDELITY Mutual Fund performing well and FIDELITY ADVISOR Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze FIDELITY ADVISOR's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FACDX	0.75	-0.12	0.00	-11.35	0.00	0.00	1.62	-1.60	3.72
FHCCX	0.75	-0.11	0.00	-0.25	0.00	0.00	1.63	-1.60	4.04
FELIX	1.56	0.14	0.05	0.05	2.06	-1.55	3.18	-3.63	10.54
EAGL	0.66	-0.03	0.00	-0.08	0.00	0.00	0.88	-1.82	4.45
FBMPX	0.94	-0.02	0.00	-0.07	0.00	0.00	1.55	-2.16	11.88
SQQQ	2.33	0.15	0.12	-0.11	2.42	-2.65	5.58	-4.27	12.45
KRE	1.09	0.03	0.00	-0.02	0.00	0.00	1.99	-2.54	9.80
GRID	0.87	0.15	0.12	0.12	1.09	-0.91	1.83	-1.64	7.20
ITB	1.27	-0.06	0.00	-0.10	0.00	0.00	3.47	-2.41	9.66

FIDELITY ADVISOR Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	FACTX	FACDX	FHCCX	FELIX	EAGL	FBMPX	SQQQ	KRE	GRID	ITB
	2.21 46.56 FIDELITY	2.21 52.69 FIDELITY	0.52 34.33 FIDELITY	0.30 131.52 FIDELITY	0.16 30.69 2023	0.99 133.00 MULTIMEDIA	1.90 75.74 ProShares	0.55 63.11 SPDR	0.74 165.24 First	0.47 93.08 IShares
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Weak	Weak	Moderate	Weak	Weak	Mild	Weak	Moderate	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Small	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Under Valued	Under Valued	Under Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Sell	Strong Hold	Strong Buy	Hold
Net Asset	3.72 B	3.72 B	3.72 B	288.81 M	N/A	2.73 B	5.13 B	3.01 B	538.29 M	1.16 B
Price To Book	2.25	2.23	2.25	2.82	81.38	3.99	N/A	1.5	2.11	1.86
Five Year Return	2.54	2.79	1.92	32.73	N/A	12.55	-44.7	0.3	15.3	8.7
One Year Return	9.86	10.12	6.84	89.42	13.4	30.5	-61.1	17.4	49.0	0.8
Last Dividend Paid	0.02	0.16	N/A	0.12	N/A	N/A	0.0667	0.35	0.0499	0.077
Price To Earning	22.57	21.39	22.57	20.03	102.12	18.8	N/A	16.97	20.38	13.22
Beta	N/A	N/A	N/A	N/A	N/A	N/A	-3.09	1.53	1.43	1.92
Price To Sales	2.13	1.89	2.13	1.54	N/A	2.24	N/A	4.35	0.79	0.89
Cash Position Weight	1.04	0.02	0.02	2.83	N/A	1.75	N/A	N/A	N/A	N/A
Equity Positions Weight	98.05	98.57	98.57	96.43	N/A	97.95	-300.04	99.84	99.45	99.8
Three Year Return	7.06	7.32	4.83	48.07	N/A	33.35	-56.1	15.8	23.3	12.8
Year To Date Return	2.62	2.63	3.39	11.03	N/A	2.85	N/A	N/A	N/A	N/A
Ten Year Return	17.89	18.19	17.33	18.56	N/A	15.18	-53.7	7.7	18.9	14.3
Day Typical Price	46.56	52.69	34.33	131.52	30.73	133.0	74.64	63.44	166.3	93.31
Accumulation Distribution	N/A	N/A	N/A	N/A	2445.53	N/A	3.3 M	415060.0	6633.48	40950.49
Daily Balance Of Power	0	0	0	0	0.125	0	0.3431	-0.27	-0.31	0.3099
Period Momentum Indicator	-1.05	-1.19	-0.18	-0.39	0.05	-1.33	1.41	-0.35	-1.23	0.44
Rate Of Daily Change	0.98	0.98	0.99	1.0	1.0	0.99	1.02	0.99	0.99	1.0
Day Median Price	46.56	52.69	34.33	131.52	30.75	133.0	74.1	63.6	166.83	93.42
Price Action Indicator	-0.52	-0.60	-0.09	-0.19	-0.04	-0.67	2.35	-0.66	-2.20	-0.12
Coefficient Of Variation	-819.90	-825.21	-779.61	2561.84	-1,450	-2,705	1110.63	-6,978	1000.87	-1,728
Mean Deviation	0.7492	0.7485	0.7527	1.56	0.66	0.9352	2.33	1.09	0.8701	1.27
Jensen Alpha	-0.13	-0.12	-0.11	0.1361	-0.03	-0.02	0.1462	0.0258	0.1462	-0.06
Total Risk Alpha	-0.07	-0.07	-0.08	0.1907	-0.02	0.0182	0.4193	0.055	0.1708	-0.01
Sortino Ratio	N/A	N/A	N/A	0.0534	N/A	N/A	0.1154	N/A	0.1214	N/A
Downside Variance	N/A	N/A	N/A	4.79	N/A	N/A	6.7	N/A	1.53	N/A
Standard Deviation	0.9499	0.9481	0.9511	2.1	0.8338	1.45	2.93	1.54	1.16	1.73
Kurtosis	-0.30	-0.30	-0.32	0.8744	0.4565	7.67	-0.47	2.71	2.02	2.36
Potential Upside	1.62	1.62	1.63	3.18	0.883	1.55	5.58	1.99	1.83	3.47
Treynor Ratio	-9.76	-11.35	-0.25	0.0505	-0.08	-0.07	-0.11	-0.02	0.1164	-0.10
Maximum Drawdown	3.74	3.72	4.04	10.54	4.45	11.88	12.45	9.8	7.2	9.66
Variance	0.9024	0.899	0.9046	4.42	0.6951	2.11	8.6	2.39	1.34	3.0
Market Risk Adjusted Performance	-9.75	-11.34	-0.24	0.0605	-0.07	-0.06	-0.1	-0.01	0.1264	-0.09
Risk Adjusted Performance	-0.1	-0.09	-0.10	0.0373	-0.05	-0.02	0.0789	-0.01	0.0826	-0.04
Skewness	0.1967	0.1938	0.2133	-0.05	-0.49	-0.73	0.2562	-0.33	-0.63	1.16
Semi Deviation	N/A	N/A	N/A	2.06	N/A	N/A	2.42	N/A	1.09	N/A
Information Ratio	-0.09	-0.08	-0.09	0.0556	-0.03	-0.01	0.1019	0.0082	0.13	-0.04
Value At Risk	-1.59	-1.60	-1.60	-3.63	-1.82	-2.16	-4.27	-2.54	-1.64	-2.41
Expected Short fall	N/A	N/A	N/A	-1.55	N/A	N/A	-2.65	N/A	-0.91	N/A
Downside Deviation	N/A	N/A	N/A	2.19	N/A	N/A	2.59	N/A	1.24	N/A
Semi Variance	N/A	N/A	N/A	4.25	N/A	N/A	5.86	N/A	1.18	N/A

Peer Performance Charts

How to Analyze FIDELITY ADVISOR Against Peers

FIDELITY ADVISOR's peer analysis compares FIDELITY ADVISOR with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether FIDELITY ADVISOR trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where FIDELITY ADVISOR leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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FIDELITY ADVISOR Competition

Pair Correlation for FIDELITY ADVISOR and IShares Home Snapshot

Significant diversification

Moving against FIDELITY Mutual Fund

Specify up to 10 symbols:

FIDELITY ADVISOR Competition Correlation Matrix

High positive correlations

High negative correlations

Risk-Adjusted Indicators

FIDELITY ADVISOR Competitive Analysis

Peer Performance Charts

How to Analyze FIDELITY ADVISOR Against Peers

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