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Fidelity Select Chemicals Portfolio (FSCHX) Sharpe Ratio: 0.65

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

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, or marketing of products or services related to the chemical process industries. 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.

FSCHX's Sharpe Ratio of 0.65 indicates that for each unit of volatility, it generates 0.65 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

FSCHX Sharpe Ratio Rank

FSCHX Sharpe Ratio Rank: 7.58
Concerning

FSCHX ranks above 7.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

FSCHX Sharpe Ratio Market Positioning

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

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Select Chemicals Portfolio's Sharpe Ratio with other mutual funds in the Energy Equities category across multiple time periods, showing how FSCHX'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 Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
RSNYXVictory Global Energy Transition Fund Class Y4.79
RSNRXVictory Global Energy Transition Fund4.76
MLOZXCohen & Steers MLP & Energy Opportunity Fund, Inc.4.16
GOFIXGMO Resources Fund3.97
OEPIXOil Equipment & Services UltraSector ProFund3.83
IEYYXDelaware Ivy Energy Fund3.70
FRNRXFranklin Natural Resources Fund3.60
IGNAXDelaware Ivy Natural Resources Fund3.38
PSPFXU.S. Global Investors Global Resources Fund3.35
RYVIXRydex Energy Services Fund3.28
FSCHXFidelity Select Chemicals Portfolio0.65

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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

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Sharpe Ratio Calculator

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