- ISIN
- US3163908631
- CUSIP
- 316390863
- Issuer
- Fidelity
- Inception Date
- Jul 29, 1985
- Category
- Semiconductors, Technology Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FSELX Performance Chart
Fidelity Select Semiconductors Portfolio (FSELX) is up 83.1% since the beginning of the year. FSELX is currently trading at $72 per share. Investors who bought $1,000 worth of FSELX shares 5 years ago would now be looking at an investment worth $6,598.
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Returns By Period
Fidelity Select Semiconductors Portfolio (FSELX) has returned 83.08% so far this year and 159.04% over the past 12 months. Looking at the last ten years, FSELX has achieved an annualized return of 39.01%, outperforming the S&P 500 Index benchmark, which averaged 13.33% per year.
Fidelity Select Semiconductors Portfolio
- 1D
- -1.79%
- 1M
- 16.56%
- YTD
- 83.08%
- 6M
- 79.03%
- 1Y
- 159.04%
- 3Y*
- 68.91%
- 5Y*
- 45.84%
- 10Y*
- 39.01%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- -0.21%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
FSELX Monthly Returns History
Based on dividend-adjusted daily data since Jul 29, 1985, FSELX's average daily return is +0.08%, while the average monthly return is +1.74%. At this rate, an investment would double in approximately 3.3 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2026 with a return of +36.4%, while the worst month was Oct 1987 at -33.7%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FSELX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +18.8%, while the worst single day was Oct 19, 1987 at -18.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.54% | -0.66% | -3.26% | 36.36% | 16.86% | 7.18% | 83.08% | ||||||
| 2025 | -2.06% | -4.39% | -12.28% | 6.10% | 16.45% | 16.94% | 5.40% | 0.16% | 13.10% | 10.05% | -4.03% | 1.69% | 52.17% |
| 2024 | 5.20% | 14.86% | 5.22% | -3.05% | 11.24% | 6.14% | -5.21% | -0.06% | 0.36% | -0.18% | 2.39% | 5.85% | 49.68% |
| 2023 | 19.30% | 6.48% | 9.32% | -8.51% | 20.30% | 8.66% | 5.49% | -3.56% | -7.43% | -10.70% | 15.23% | 10.89% | 78.49% |
| 2022 | -14.05% | -1.27% | 3.66% | -18.21% | 6.23% | -18.68% | 20.80% | -8.99% | -13.38% | 3.01% | 20.20% | -11.68% | -35.27% |
| 2021 | 2.10% | 6.22% | 1.36% | 0.31% | 3.83% | 7.67% | -0.62% | 5.33% | -4.42% | 9.66% | 15.73% | 1.68% | 59.16% |
Benchmark Metrics
Fidelity Select Semiconductors Portfolio has an annualized alpha of 7.23%, beta of 1.32, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since July 30, 1985.
- This fund captured 177.51% of S&P 500 Index gains and 132.75% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 7.23% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 7.23%
- Beta
- 1.32
- R²
- 0.57
- Upside Capture
- 177.51%
- Downside Capture
- 132.75%
Expense Ratio
FSELX has an expense ratio of 0.68%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FSELX ranks 97 for risk / return — in the top 97% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Select Semiconductors Portfolio (FSELX) and compare them to S&P 500 Index.
| FSELX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.85 | ||
| Sortino ratioReturn per unit of downside risk | +2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.36 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 11.04 | 2.69 | +8.35 |
| Martin ratioReturn relative to average drawdown | 42.36 | 12.34 | +30.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Select Semiconductors Portfolio provided a 8.95% dividend yield over the last twelve months, with an annual payout of $6.48 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.48 | $4.80 | $2.67 | $1.75 | $0.98 | $1.67 | $1.32 | $0.42 | $2.11 | $1.61 | $0.37 | $1.15 |
Dividend yield | 8.95% | 11.11% | 7.97% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.44% | 3.82% | 15.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Select Semiconductors 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 | $4.47 | $0.00 | $0.00 | $4.47 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $2.79 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.01 | $4.80 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.67 | $2.67 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.70 | $1.75 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.98 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $1.67 |
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 Semiconductors 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 Semiconductors Portfolio was 82.54%, occurring on Oct 9, 2002. Recovery took 3486 trading sessions.
The current Fidelity Select Semiconductors Portfolio drawdown is 1.79%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -82.54%Oct 2002 | 2y 2mo | 13y 10mo | 16y 1moJul 2000 - Aug 2016 |
1988 bear market1988 | -51.68%Nov 1988 | 2y 6mo | 3y 1mo | 5y 8moApr 1986 - Jan 1992 |
Bear market2022 | -46.37%Oct 2022 | 9mo 20d | 8mo 1d | 1y 5moDec 2021 - Jun 2023 |
COVID crash2020 | -40.08%Mar 2020 | 27d | 2mo 22d | 3mo 19dFeb 2020 - Jun 2020 |
1998 bear market1998 | -36.76%Oct 1998 | 1y 15d | 1mo 16d | 1y 2moSep 1997 - Nov 1998 |
Drawdown Indicators
| FSELX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.54% | -56.78% | -25.76% |
Max Drawdown (1Y)Largest decline over 1 year | -14.38% | -9.10% | -5.28% |
Max Drawdown (3Y)Largest decline over 3 years | -36.31% | -18.90% | -17.41% |
Max Drawdown (5Y)Largest decline over 5 years | -46.37% | -25.43% | -20.94% |
Max Drawdown (10Y)Largest decline over 10 years | -46.37% | -33.92% | -12.45% |
Current DrawdownCurrent decline from peak | -1.79% | -2.97% | +1.18% |
Average DrawdownAverage peak-to-trough decline | -28.70% | -10.72% | -17.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 1.97% | +1.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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