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Fidelity Select Software & IT Services Portfolio (...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3163908227
CUSIP
316390822
Issuer
Fidelity
Inception Date
Jul 29, 1985
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Select Software & IT Services Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Select Software & IT Services Portfolio (FSCSX) has returned -27.86% so far this year and -12.22% over the past 12 months. Looking at the last ten years, FSCSX has achieved an annualized return of 14.26%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Fidelity Select Software & IT Services Portfolio

1D
0.94%
1M
-5.55%
YTD
-27.86%
6M
-29.20%
1Y
-12.22%
3Y*
6.48%
5Y*
3.10%
10Y*
14.26%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 29, 1985, FSCSX's average daily return is +0.07%, while the average monthly return is +1.43%. At this rate, your investment would double in approximately 4.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2001 with a return of +29.5%, while the worst month was Oct 1987 at -26.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FSCSX closed higher 54% of trading days. The best single day was Dec 20, 2024 with a return of +17.9%, while the worst single day was Oct 19, 1987 at -15.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-14.35%-10.83%-5.55%-27.86%
20254.56%-6.21%-10.37%5.83%10.78%4.92%1.22%-1.69%1.30%3.78%-7.56%2.30%6.96%
20242.64%2.68%-1.51%-7.32%-2.79%7.72%-2.05%0.49%1.67%0.22%11.52%6.22%19.66%
20239.30%-2.28%8.61%0.36%6.38%4.77%3.96%-0.79%-5.17%-1.52%15.39%5.20%51.72%
2022-6.30%-6.30%2.66%-9.56%-3.60%-7.43%9.12%-4.79%-10.97%6.93%4.51%-5.75%-29.13%
2021-2.10%2.86%-0.04%6.57%-0.63%5.73%3.12%2.90%-4.73%7.03%-4.42%1.34%18.13%

Benchmark Metrics

Fidelity Select Software & IT Services Portfolio has an annualized alpha of 5.90%, beta of 1.12, and R² of 0.63 versus S&P 500 Index. Calculated based on daily prices since July 30, 1985.

  • This fund captured 143.95% of S&P 500 Index gains and 114.70% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 5.90% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 1.12 and R² of 0.63, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
5.90%
Beta
1.12
0.63
Upside Capture
143.95%
Downside Capture
114.70%

Expense Ratio

FSCSX has an expense ratio of 0.67%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FSCSX ranks 2 for risk / return — in the bottom 2% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


FSCSX Risk / Return Rank: 22
Overall Rank
FSCSX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
FSCSX Sortino Ratio Rank: 22
Sortino Ratio Rank
FSCSX Omega Ratio Rank: 22
Omega Ratio Rank
FSCSX Calmar Ratio Rank: 22
Calmar Ratio Rank
FSCSX Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Select Software & IT Services Portfolio (FSCSX) and compare them to a chosen benchmark (S&P 500 Index).


FSCSXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.46

0.90

-1.36

Sortino ratio

Return per unit of downside risk

-0.48

1.39

-1.87

Omega ratio

Gain probability vs. loss probability

0.94

1.21

-0.27

Calmar ratio

Return relative to maximum drawdown

-0.48

1.40

-1.88

Martin ratio

Return relative to average drawdown

-1.33

6.61

-7.94

Explore FSCSX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Select Software & IT Services Portfolio provided a 21.35% dividend yield over the last twelve months, with an annual payout of $3.89 per share.


5.00%10.00%15.00%20.00%$0.00$1.00$2.00$3.00$4.00$5.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$3.89$3.89$5.26$2.14$1.78$1.96$1.38$2.52$1.01$1.19$0.51$0.63

Dividend yield

21.35%15.40%19.17%7.72%9.06%6.54%5.10%12.70%6.20%7.15%3.98%5.22%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Select Software & IT Services Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.84$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.05$3.89
2024$0.00$0.00$0.00$0.52$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.73$5.26
2023$0.00$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.11$2.14
2022$0.00$0.00$0.00$0.93$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.85$1.78
2021$0.00$0.00$0.00$0.44$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.52$1.96

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 Fidelity Select Software & IT Services Portfolio. 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 Fidelity Select Software & IT Services Portfolio was 64.66%, occurring on Oct 7, 2002. Recovery took 1198 trading sessions.

The current Fidelity Select Software & IT Services Portfolio drawdown is 31.99%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.66%Mar 10, 2000646Oct 7, 20021198Jul 12, 20071844
-52.43%Nov 1, 2007267Nov 20, 2008483Oct 22, 2010750
-40.67%Oct 6, 198716Oct 27, 1987648May 21, 1990664
-37.06%Nov 17, 2021243Nov 3, 2022278Dec 13, 2023521
-36.29%Jul 17, 199065Oct 16, 199077Feb 5, 1991142

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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