- ISIN
- US3163908060
- CUSIP
- 316390806
- Issuer
- Fidelity
- Inception Date
- May 8, 1984
- Region
- North America (U.S.)
- Category
- Aerospace & Defense, Industrials Equities
- Leveraged
- 1x (No leverage)
- Min. Investment
- $0
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FSDAX Performance Chart
Fidelity Select Defense & Aerospace Portfolio (FSDAX) is up 12.9% since the beginning of the year. FSDAX is currently trading at $29 per share. Investors who bought $1,000 worth of FSDAX shares 5 years ago would now be looking at an investment worth $2,349.
Loading charts...
Returns By Period
Fidelity Select Defense & Aerospace Portfolio (FSDAX) has returned 12.85% so far this year and 21.35% over the past 12 months. Looking at the last ten years, FSDAX has achieved an annualized return of 15.85%, outperforming the S&P 500 Index benchmark, which averaged 13.07% per year.
Fidelity Select Defense & Aerospace Portfolio
- 1D
- 2.72%
- 1M
- 0.38%
- 6M
- 4.19%
- YTD
- 12.85%
- 1Y
- 21.35%
- 3Y*
- 29.05%
- 5Y*
- 18.63%
- 10Y*
- 15.85%
- ALL TIME*
- 12.22%
Benchmark (S&P 500 Index)
- 1D
- 0.05%
- 1M
- 0.79%
- 6M
- 7.18%
- YTD
- 8.28%
- 1Y
- 16.02%
- 3Y*
- 17.51%
- 5Y*
- 10.93%
- 10Y*
- 13.07%
- ALL TIME*
- 8.07%
FSDAX Monthly Returns History
Based on dividend-adjusted daily data since May 8, 1984, FSDAX's average daily return is +0.05%, while the average monthly return is +1.11%. At this rate, an investment would double in approximately 5.2 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +19.5%, while the worst month was Mar 2020 at -25.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FSDAX closed higher 53% of trading days. The best single day was Oct 28, 2008 with a return of +11.9%, while the worst single day was Mar 16, 2020 at -14.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.11% | 6.01% | -10.96% | 1.80% | 7.76% | 4.59% | -1.79% | 12.85% | |||||
| 2025 | 7.41% | 0.05% | 0.05% | 3.36% | 12.75% | 6.04% | 3.90% | 1.11% | 4.77% | 1.44% | -4.26% | 5.63% | 50.03% |
| 2024 | -4.31% | 4.07% | 4.03% | -0.37% | 4.37% | -1.95% | 8.48% | 2.15% | 1.08% | -3.86% | 6.50% | -4.38% | 15.83% |
| 2023 | 2.51% | -0.19% | 0.75% | -0.90% | -3.81% | 7.45% | 1.53% | -2.30% | -8.79% | 4.48% | 9.68% | 6.22% | 16.29% |
| 2022 | -2.78% | 10.84% | -0.59% | -8.76% | -2.03% | -2.21% | 5.26% | -2.50% | -11.46% | 17.28% | 5.07% | 1.87% | 6.83% |
| 2021 | -6.57% | 6.06% | 9.58% | 1.74% | 2.20% | -0.75% | -1.79% | -1.71% | -1.97% | 0.00% | -6.26% | 5.55% | 4.91% |
Benchmark Metrics
Fidelity Select Defense & Aerospace Portfolio has an annualized alpha of 4.57%, beta of 0.83, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since May 08, 1984.
- This fund captured 100.92% of S&P 500 Index gains but only 88.48% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 4.57% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 4.57%
- Beta
- 0.83
- R²
- 0.62
- Upside Capture
- 100.92%
- Downside Capture
- 88.48%
Expense Ratio
FSDAX has an expense ratio of 0.63%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FSDAX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Select Defense & Aerospace Portfolio (FSDAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSDAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.24 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.82 | -0.46 |
| Martin ratioReturn relative to average drawdown | 3.77 | 7.79 | -4.03 |
Dividends
Dividend History
Fidelity Select Defense & Aerospace Portfolio provided a 2.02% dividend yield over the last twelve months, with an annual payout of $0.59 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.59 | $1.16 | $1.40 | $1.10 | $1.38 | $1.33 | $0.35 | $0.48 | $1.61 | $0.60 | $0.63 | $0.73 |
Dividend yield | 2.02% | 4.48% | 7.68% | 6.47% | 8.87% | 8.38% | 2.11% | 2.62% | 11.45% | 3.57% | 4.87% | 6.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Select Defense & Aerospace Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.08 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $1.16 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.08 | $1.40 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $1.10 |
| 2022 | $0.00 | $0.00 | $0.00 | $1.31 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $1.38 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.33 | $1.33 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Select Defense & Aerospace 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 Defense & Aerospace Portfolio was 60.59%, occurring on Mar 9, 2009. Recovery took 740 trading sessions.
The current Fidelity Select Defense & Aerospace Portfolio drawdown is 4.99%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-60.59%Mar 2009 | 1y 5mo | 2y 11mo | 4y 4moOct 2007 - Feb 2012 | Financial crisis2007–2009 |
-47.08%Mar 2020 | 1mo 9d | 2y 10mo | 3y 1dFeb 2020 - Feb 2023 | COVID crash2020 |
-40.79%Dec 1987 | 8mo 26d | 5y 7mo | 6y 3moMar 1987 - Jul 1993 | Black Monday1987 |
-32.89%Mar 2003 | 10mo | 7mo 23d | 1y 5moMay 2002 - Oct 2003 | — |
-30.79%Sep 1998 | 4mo 20d | 9mo 25d | 1y 2moApr 1998 - Jul 1999 | — |
Drawdown Indicators
| FSDAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.59% | -56.78% | -3.81% |
Max Drawdown (1Y)Largest decline over 1 year | -16.13% | -9.10% | -7.03% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -18.90% | +2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -25.43% | +3.53% |
Max Drawdown (10Y)Largest decline over 10 years | -47.08% | -33.92% | -13.16% |
Current DrawdownCurrent decline from peak | -4.99% | -2.60% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -10.43% | -10.70% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 2.12% | +3.71% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FSDAX
Add Fidelity Select Defense & Aerospace Portfolio to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FSDAX