Fidelity Select Banking Portfolio (FSRBX)
The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in banking. The fund invests in domestic and foreign issuers. It 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.
Fund Info
| ISIN | US3163906403 |
|---|---|
| CUSIP | 316390640 |
| Issuer | Fidelity |
| Inception Date | Jun 30, 1986 |
| Category | Financials Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Expense Ratio
FSRBX features an expense ratio of 0.73%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FSRBX vs. FIDSX, FSRBX vs. FITB, FSRBX vs. FSLBX, FSRBX vs. VFAIX, FSRBX vs. FCNTX, FSRBX vs. FXAIX, FSRBX vs. FSPCX, FSRBX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Select Banking Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Select Banking Portfolio had a return of 37.54% year-to-date (YTD) and 59.75% in the last 12 months. Over the past 10 years, Fidelity Select Banking Portfolio had an annualized return of 4.71%, while the S&P 500 had an annualized return of 11.31%, indicating that Fidelity Select Banking Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 37.54% | 24.72% |
| 1 month | 10.58% | 2.30% |
| 6 months | 26.54% | 12.31% |
| 1 year | 59.75% | 32.12% |
| 5 years (annualized) | 6.67% | 13.81% |
| 10 years (annualized) | 4.71% | 11.31% |
Monthly Returns
The table below presents the monthly returns of FSRBX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.12% | 0.16% | 7.21% | -3.53% | 3.45% | 0.45% | 12.63% | 0.67% | -1.46% | 4.82% | 37.54% | ||
| 2023 | 8.52% | -1.39% | -20.12% | -4.46% | -5.82% | 6.34% | 14.73% | -7.90% | -3.70% | -3.69% | 14.88% | 14.44% | 5.37% |
| 2022 | 4.27% | 1.10% | -7.20% | -11.46% | 5.18% | -10.29% | 8.70% | -1.37% | -6.58% | 11.00% | 2.30% | -8.93% | -15.35% |
| 2021 | 2.07% | 15.80% | 7.11% | 5.23% | 2.90% | -6.03% | -3.04% | 5.43% | 1.81% | 5.43% | -5.02% | 1.38% | 36.10% |
| 2020 | -6.60% | -11.71% | -31.49% | 4.60% | -0.48% | 2.18% | -1.95% | 3.74% | -5.18% | 8.47% | 17.31% | 9.44% | -19.30% |
| 2019 | 12.97% | 5.34% | -6.02% | 6.56% | -9.24% | 7.72% | 2.79% | -7.27% | 6.67% | 2.97% | 5.18% | 1.34% | 30.02% |
| 2018 | 6.73% | -2.46% | -3.37% | -7.52% | 1.47% | -1.93% | 2.55% | 3.02% | -4.53% | -6.84% | 2.71% | -28.45% | -36.07% |
| 2017 | 0.68% | 3.73% | -4.10% | -1.62% | -3.12% | 6.54% | 0.09% | -3.27% | 7.57% | 1.96% | 3.19% | -0.51% | 10.88% |
| 2016 | -11.14% | -4.53% | 7.33% | 6.70% | 2.29% | -7.16% | 3.52% | 6.75% | -2.22% | 3.29% | 16.44% | 5.78% | 26.83% |
| 2015 | -8.93% | 7.23% | 0.31% | 1.35% | 2.70% | 3.83% | 0.76% | -6.60% | -2.88% | 4.78% | 4.34% | -6.66% | -1.26% |
| 2014 | -3.25% | 3.08% | 4.29% | -4.06% | 0.67% | 3.39% | -2.97% | 1.96% | -0.81% | 3.26% | 0.45% | 1.67% | 7.49% |
| 2013 | 5.28% | 1.23% | 3.55% | -0.43% | 5.95% | 1.74% | 6.70% | -4.02% | 2.57% | 3.92% | 5.30% | 3.09% | 40.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSRBX is 67, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Select Banking Portfolio (FSRBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Select Banking Portfolio provided a 2.28% dividend yield over the last twelve months, with an annual payout of $0.78 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.78 | $0.74 | $0.67 | $0.54 | $0.55 | $0.53 | $0.54 | $0.33 | $0.25 | $0.94 | $1.16 | $0.89 |
Dividend yield | 2.28% | 2.96% | 2.74% | 1.81% | 2.47% | 1.87% | 2.44% | 0.94% | 0.76% | 3.69% | 4.30% | 3.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Select Banking 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.74 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.67 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.54 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.55 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.53 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.54 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.94 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.89 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $1.16 |
| 2013 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $0.89 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Select Banking 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 Banking Portfolio was 76.10%, occurring on Mar 6, 2009. Recovery took 1427 trading sessions.
The current Fidelity Select Banking Portfolio drawdown is 1.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -76.1% | Feb 21, 2007 | 513 | Mar 6, 2009 | 1427 | Nov 5, 2014 | 1940 |
| -62.4% | Mar 12, 2018 | 512 | Mar 23, 2020 | 1165 | Nov 6, 2024 | 1677 |
| -42.42% | Oct 9, 1989 | 254 | Sep 27, 1990 | 223 | Aug 6, 1991 | 477 |
| -32.19% | May 4, 1999 | 220 | Mar 8, 2000 | 200 | Dec 21, 2000 | 420 |
| -29.65% | Jul 15, 1998 | 62 | Oct 8, 1998 | 143 | Apr 27, 1999 | 205 |
Volatility
Volatility Chart
The current Fidelity Select Banking Portfolio volatility is 13.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.