Fund Evaluator:
Fidelity Advisor Biotechnology Z (FIJYX)
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Best Performing in Health Over the Last Year
| 77.3% | Fidelity Advisor Biotechnology Z (FIJYX) |
| 77.1% | Fidelity Advisor Biotechnology I (FBTIX) |
| 71.4% | Eventide Healthcare & Life Sciences N (ETNHX) |
| 71.0% | Fidelity Select Biotechnology (FBIOX) |
| 58.4% | Rydex Biotechnology Inv (RYOIX) |
Fund Details
Fidelity Advisor Biotechnology Z Overview
Fidelity Advisor Biotechnology Z (FIJYX) is an actively managed Sector Equity Health fund. Fidelity Investments launched the fund in 2018.
The investment seeks capital appreciation. The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, and distribution of various biotechnological products, services, and processes, and companies that benefit significantly from scientific and technological advances in biotechnology. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
About Fidelity Advisor Biotechnology Z (FIJYX)
There are 1 members of the management team with an average tenure of 7.96 years: Eirene Kontopoulos (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and MSCI US IMI/Biotechnology 25-50 GR USD index with a weighting of 100%. Fidelity Advisor Biotechnology Z has 114 securities in its portfolio. The top 10 holdings constitute 50.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Fidelity Advisor Biotechnology Z is part of the Equity global asset class and is within the Sector Equity fund group. Fidelity Advisor Biotechnology Z has 5.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 91.8%. There is 5.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Fidelity Advisor Biotechnology Z has 1.4% of the portfolio in cash.
Assets Under Management
The fund has $184 million in total assets, which is below the $869 million average for the Health category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FIJYX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Fidelity Advisor Biotechnology Z expense ratio is average compared to funds in the Health category. Fidelity Advisor Biotechnology Z has an expense ratio of 0.58%, which is 52% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Fidelity Advisor Biotechnology Z has a portfolio turnover rate of 51%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 61% for the Health category.
Recently, in the month of June 2026, Fidelity Advisor Biotechnology Z returned 15.8%, which earned it a grade of A, as the Health category had an average return of 8.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Fidelity Advisor Biotechnology Z has a trailing yield of 0.99%, which is above the 0.39% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Fidelity Advisor Biotechnology Z Grades
Year to date, the fund has returned 21.7%, 14.2 percentage points better than the category, which translates into a grade of A. The fund has returned 77.3% over the past year (grade of A), 26.4% over the past three years (grade of A) and 12.8% per year over the past five years (grade of A) and 14.3% per year over the past 10 years (grade of A).
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FIJYX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FIJYX Return (NAV) | 15.8% | 18.9% | 77.3% | 26.4% | 12.8% | 14.3% |
| FIJYX Grade | A | A | A | A | A | A |
| +/- Category | 7.4% | 7.0% | 43.7% | 15.4% | 7.6% | 4.3% |
| Health Avg | 8.4% | 11.9% | 33.6% | 11.0% | 5.2% | 10.0% |
| FIJYX Tax Cost Ratio | na | na | 0.5% | 0.9% | 1.5% | na |
FIJYX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FIJYX Return (NAV) | 21.7% | 40.1% | 5.7% | 11.2% | -7.6% | -3.2% | 32.7% | 26.2% | -3.5% | 26.2% | -23.4% |
| FIJYX Grade | A | A | A | A | B | F | B | C | D | B | F |
| +/- Category | 14.2% | 19.5% | 3.2% | 5.6% | 1.8% | -11.9% | 8.3% | -2.2% | -3.9% | 2.8% | -12.5% |
| Health Avg | 7.5% | 20.6% | 2.5% | 5.6% | -9.4% | 8.7% | 24.5% | 28.4% | 0.4% | 23.4% | -10.9% |
| Risk Measures | |
| Standard Deviation: | 21.9% |
| Total Risk Index: | 1.80 - High |
| Category Risk Index: | 1.37 - High |
| Category Risk Grade: | F (98% Rank) |
| Beta: | 0.63 |
| R-Squared: | 13% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $2202 Mil |
| Fund Total Assets: | $ 184 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 51% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 8.0 years | |||
| Average Tenure: 8.0 years | |||
| Managers (Year): Kontopoulos Eirene (2018) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 114 |
| % in Top 10 Holdings: | 50.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 5.0% |
Portfolio Allocation |
|
| Domestic Stock: | 91.8% |
| Foreign Stock: | 5.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.8% |
| Cash: | 1.4% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 877-208-0098 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | October 2, 2018 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.58% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 1.21% |
| Share Class: | Fidelity Advisor Biotechnology I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
