Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FSUTX Fidelity Select Utilities Portfolio | Utilities Equities | 46.20% |
FSELX Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 39.40% |
FNILX Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 14.40% |
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in Aggressive: Fidelity Semiconductor Growth Sleeve, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every year.
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Returns By Period
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio Aggressive: Fidelity Semiconductor Growth Sleeve | -5.15% | 1.90% | 29.24% | 27.20% | 59.12% | 36.57% | 26.81% | — |
| Portfolio components: | ||||||||
FNILX Fidelity ZERO Large Cap Index Fund | -2.73% | 0.08% | 8.16% | 8.09% | 24.03% | 21.72% | 13.21% | — |
FSELX Fidelity Select Semiconductors Portfolio | -9.27% | 5.76% | 66.12% | 60.36% | 135.04% | 63.14% | 43.03% | 37.56% |
FSUTX Fidelity Select Utilities Portfolio | 0.15% | -2.33% | 4.57% | 4.57% | 14.82% | 17.45% | 13.04% | 11.47% |
Monthly Returns
Based on dividend-adjusted daily data since Oct 1, 2018, Aggressive: Fidelity Semiconductor Growth Sleeve's average daily return is +0.10%, while the average monthly return is +2.02%. At this rate, an investment would double in approximately 2.9 years.
Historically, 69% of months were positive and 31% were negative. The best month was Apr 2026 with a return of +17.7%, while the worst month was Mar 2020 at -13.0%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Aggressive: Fidelity Semiconductor Growth Sleeve closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -14.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.24% | 4.32% | -3.90% | 17.72% | 6.23% | -2.05% | 29.24% | ||||||
| 2025 | 0.38% | -1.38% | -5.54% | 2.86% | 7.76% | 8.10% | 4.86% | -0.61% | 8.21% | 6.33% | -1.29% | -1.56% | 30.56% |
| 2024 | 0.70% | 7.91% | 5.89% | -1.28% | 10.40% | 0.03% | 0.03% | 2.15% | 3.96% | -0.42% | 4.45% | -1.46% | 36.56% |
| 2023 | 7.52% | 0.12% | 6.85% | -3.14% | 7.55% | 6.19% | 4.11% | -3.66% | -6.35% | -5.23% | 10.75% | 7.29% | 34.59% |
| 2022 | -7.89% | -1.45% | 7.17% | -9.89% | 4.05% | -10.51% | 11.31% | -2.66% | -10.94% | 3.51% | 10.60% | -4.80% | -14.15% |
| 2021 | 0.28% | 0.59% | 4.98% | 2.66% | 0.05% | 3.27% | 1.03% | 4.34% | -4.80% | 8.03% | 6.13% | 4.66% | 35.24% |
Benchmark Metrics
Aggressive: Fidelity Semiconductor Growth Sleeve has an annualized alpha of 10.29%, beta of 1.09, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since October 01, 2018.
- This portfolio captured 128.33% of S&P 500 Index gains but only 84.95% of its losses - a favorable profile for investors.
- This portfolio generated an annualized alpha of 10.29% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.09 and R2 of 0.82, this portfolio moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 10.29%
- Beta
- 1.09
- R²
- 0.82
- Upside Capture
- 128.33%
- Downside Capture
- 84.95%
Expense Ratio
Aggressive: Fidelity Semiconductor Growth Sleeve has an expense ratio of 0.61%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
Aggressive: Fidelity Semiconductor Growth Sleeve ranks 93 for risk / return — in the top 93% of Portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Aggressive: Fidelity Semiconductor Growth Sleeve and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 3.01 | 1.94 | +1.08 |
| Sortino ratioReturn per unit of downside risk | 3.68 | 2.63 | +1.05 |
| Omega ratioGain probability vs. loss probability | 1.52 | 1.35 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 6.73 | 2.59 | +4.14 |
| Martin ratioReturn relative to average drawdown | 23.24 | 11.84 | +11.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
FNILX Fidelity ZERO Large Cap Index Fund | 55 | 2.07 | 2.78 | 1.37 | 2.82 | 12.85 |
FSELX Fidelity Select Semiconductors Portfolio | 93 | 4.00 | 4.09 | 1.57 | 9.48 | 35.79 |
FSUTX Fidelity Select Utilities Portfolio | 15 | 0.95 | 1.37 | 1.17 | 1.68 | 3.87 |
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Dividends
Dividend yield
Aggressive: Fidelity Semiconductor Growth Sleeve provided a 6.34% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 6.34% | 7.57% | 6.30% | 4.66% | 5.01% | 4.13% | 5.62% | 2.55% | 14.50% | 8.28% | 2.66% | 8.06% |
| Portfolio components: | ||||||||||||
FNILX Fidelity ZERO Large Cap Index Fund | 0.94% | 1.01% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 9.86% | 11.11% | 7.97% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.44% | 3.82% | 15.22% |
FSUTX Fidelity Select Utilities Portfolio | 5.02% | 6.61% | 6.50% | 3.52% | 4.67% | 2.68% | 4.86% | 2.29% | 8.37% | 5.61% | 2.51% | 4.47% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Aggressive: Fidelity Semiconductor Growth Sleeve. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Aggressive: Fidelity Semiconductor Growth Sleeve was 35.76%, occurring on Mar 23, 2020. Recovery took 138 trading sessions.
The current Aggressive: Fidelity Semiconductor Growth Sleeve drawdown is 0.73%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -35.76%Mar 2020 | 1mo 2d | 6mo 18d | 7mo 20dFeb 2020 - Oct 2020 |
Bear market2022 | -25.15%Oct 2022 | 9mo 13d | 7mo 13d | 1y 4moJan 2022 - May 2023 |
2025 selloff2025 | -20.17%Apr 2025 | 2mo 14d | 1mo 26d | 4mo 10dJan 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -14.94%Dec 2018 | 2mo 22d | 1mo 23d | 4mo 15dOct 2018 - Feb 2019 |
2023 correction2023 | -14.82%Oct 2023 | 3mo 13d | 1mo 15d | 4mo 28dJul 2023 - Dec 2023 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 2.57, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
Diversification Ratio | 1.20 | 1.23 | 1.20 | 1.18 |
The portfolio has a diversification ratio of 1.18, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
Aggressive: Fidelity Semiconductor Growth Sleeve correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2018 | 0.88 |
Benchmark Correlations
Correlation vs. S&P 500 Index. FNILX has the highest benchmark correlation at 0.99, while FSUTX has the lowest at 0.48.
Asset Correlations Table
Find what Aggressive: Fidelity Semiconductor Growth Sleeve is missing
See which holdings overlap, where Aggressive: Fidelity Semiconductor Growth Sleeve is concentrated, and which low-correlation assets could fill the gaps.
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