homosexual vs fairy

homosexual and fairy both are nouns.

Word	Noun	Adjective	Verb	Adverb
homosexual	Yes	Yes	No	No
fairy	Yes	No	No	No

As nouns, fairy is a hyponym of homosexual; that is, fairy is a word with a more specific, narrower meaning than homosexual:

homosexual (noun)	fairy (noun)
someone who is sexually attracted to persons of the same sex	a small being, human in form, playful and having magical powers
	offensive term for a homosexual man

homosexual (adjective)	fairy (adjective)
sexually attracted to members of your own sex