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Fidelity Select Construction & Housing Portfolio (FSHOX) Sharpe Ratio: 0.54

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

The fund normally invests at least 80% of assets in securities of companies principally engaged in the design and construction of residential, commercial, industrial, and public works facilities, as well as companies engaged in the manufacture, supply, distribution, or sale of construction and housing products or services. It invests in domestic and foreign issuers. The fund 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. It invests primarily in common stocks. The fund is non-diversified.

FSHOX's Sharpe Ratio of 0.54 indicates that for each unit of volatility, it generates 0.54 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.

FSHOX Sharpe Ratio Rank

FSHOX Sharpe Ratio Rank: 6.46
Concerning

FSHOX ranks above 6.4% 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

FSHOX Sharpe Ratio Market Positioning

The chart shows FSHOX'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 Construction & Housing Portfolio's Sharpe Ratio with other mutual funds in the Consumer Discretionary Equities category across multiple time periods, showing how FSHOX'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
FSCPXFidelity Select Consumer Discretionary Portfolio0.78
VCDAXVanguard Consumer Discretionary Index Fund Admiral Shares0.64
FSHOXFidelity Select Construction & Housing Portfolio0.54
USLUXU.S. Global Investors Global Luxury Goods Fund0.36
RYRIXRydex Retailing Fund0.30
FSAVXFidelity Select Automotive Portfolio0.11
RYLIXRydex Leisure Fund-0.04
FSRPXFidelity Select Retailing Portfolio-0.09
FDLSXFidelity Select Leisure Portfolio-0.82

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FSHOX'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 FSHOX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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