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Fidelity Select Defense & Aerospace Portfolio (FSD...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3163908060
CUSIP
316390806
Issuer
Fidelity
Inception Date
May 8, 1984
Region
North America (U.S.)
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Blend

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 Defense & Aerospace 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 Defense & Aerospace Portfolio (FSDAX) has returned -3.56% so far this year and 34.57% over the past 12 months. Looking at the last ten years, FSDAX has achieved an annualized return of 14.95%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Fidelity Select Defense & Aerospace Portfolio

1D
-2.27%
1M
-14.26%
YTD
-3.56%
6M
-1.06%
1Y
34.57%
3Y*
23.65%
5Y*
15.00%
10Y*
14.95%

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 May 8, 1984, FSDAX's average daily return is +0.05%, while the average monthly return is +1.09%. At this rate, your investment would double in approximately 5.3 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.11%6.01%-14.26%-3.56%
20257.41%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%
20232.51%-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 4.54%, beta of 0.83, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since May 09, 1984.

  • This fund captured 101.59% of S&P 500 Index gains but only 89.18% of its losses — a favorable profile for investors.
  • This fund generated an annualized alpha of 4.54% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha
4.54%
Beta
0.83
0.62
Upside Capture
101.59%
Downside Capture
89.18%

Expense Ratio

FSDAX has an expense ratio of 0.74%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FSDAX ranks 79 for risk / return — better than 79% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FSDAX Risk / Return Rank: 7979
Overall Rank
FSDAX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
FSDAX Sortino Ratio Rank: 7979
Sortino Ratio Rank
FSDAX Omega Ratio Rank: 7676
Omega Ratio Rank
FSDAX Calmar Ratio Rank: 8080
Calmar Ratio Rank
FSDAX Martin Ratio Rank: 7979
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 Defense & Aerospace Portfolio (FSDAX) and compare them to a chosen benchmark (S&P 500 Index).


FSDAXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.48

0.90

+0.59

Sortino ratio

Return per unit of downside risk

2.02

1.39

+0.63

Omega ratio

Gain probability vs. loss probability

1.29

1.21

+0.08

Calmar ratio

Return relative to maximum drawdown

1.96

1.40

+0.56

Martin ratio

Return relative to average drawdown

7.81

6.61

+1.20

Explore FSDAX 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 Defense & Aerospace Portfolio provided a 4.65% dividend yield over the last twelve months, with an annual payout of $1.16 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.16$1.16$1.40$1.10$1.38$1.33$0.35$0.48$1.61$0.60$0.63$0.73

Dividend yield

4.65%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
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.


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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 16.13%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.59%Oct 10, 2007355Mar 9, 2009740Feb 13, 20121095
-47.08%Feb 13, 202027Mar 23, 2020729Feb 13, 2023756
-40.79%Mar 24, 1987186Dec 15, 19871411Jul 15, 19931597
-32.89%May 15, 2002207Mar 11, 2003163Oct 30, 2003370
-30.79%Apr 23, 199898Sep 10, 1998204Jul 2, 1999302

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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