PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Fidelity Select Gold Portfolio (FSAGX) Sortino Ratio: 1.97

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund normally invests at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins. It invests up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary. The fund invests primarily in common stocks and in certain precious metals. It invests primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals.

FSAGX's Sortino Ratio of 1.97 indicates that for each unit of downside volatility, it generates 1.97 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

FSAGX Sortino Ratio Rank

FSAGX Sortino Ratio Rank: 20.420
Below Average

FSAGX ranks above 20.4% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Returns may not adequately compensate for downside risk taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better downside protection
  • Assess whether downside exposure aligns with your portfolio goals

FSAGX Sortino Ratio Market Positioning

The chart shows FSAGX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.

  • Red zone (bottom 25%): 2.08 or lower
  • Yellow zone (middle 50%): 2.08 to 3.61
  • Green zone (top 25%): 3.61 or higher
  • Top 1%: 9.19+
  • Median: 2.99 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Select Gold Portfolio's Sortino Ratio with other mutual funds in the Precious Metals category across multiple time periods, showing how FSAGX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
UNWPXU.S. Global Investors World Precious Minerals Fund3.08
FGPMXFranklin Gold and Precious Metals Fund Class R62.51
FGADXFranklin Gold and Precious Metals Fund Advisor Class2.51
FKRCXFranklin Gold and Precious Metals Fund2.50
OCMAXOCM Gold Atlas2.44
OCMGXOCM Gold Fund2.42
RYPMXRydex Precious Metals Fund2.25
EPGFXEuroPac Gold Fund2.25
SGDLXSprott Gold Equity Fund2.23
INIVXVanEck International Investors Gold Fund2.23
FSAGXFidelity Select Gold Portfolio1.97

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows FSAGX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FSAGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sortino Ratio Calculator

IHow does FSAGX fit in your portfolio?

Add your other holdings to see your portfolio's Sortino Ratio and find out.

Analyze Your Portfolio