Is Fidelity Advisor Semiconductors I (FELIX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 21 2024
0mins
Source: NASDAQ.COM
Fidelity Advisor Semiconductors I (FELIX): This tech mutual fund has a strong Zacks Mutual Fund Rank of 1 (Strong Buy), with impressive performance metrics including a 5-year annualized return of 34.1% and lower fees compared to its peers, making it an attractive option for investors.
Volatility and Risk Metrics: Despite its strong returns, FELIX exhibits higher volatility than the category average, with a 5-year beta of 1.42 and standard deviations that indicate greater risk; however, it has shown positive alpha, suggesting effective security selection by its managers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
