Fidelity Select Wireless Portfolio (FWRLX)
The fund invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in activities relating to wireless communications services or products. 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
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 Wireless 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 Wireless Portfolio had a return of 13.53% year-to-date (YTD) and 19.33% in the last 12 months. Over the past 10 years, Fidelity Select Wireless Portfolio had an annualized return of 5.91%, while the S&P 500 had an annualized return of 11.14%, indicating that Fidelity Select Wireless Portfolio did not perform as well as the benchmark.
FWRLX
13.53%
-0.82%
10.43%
19.33%
4.91%
5.91%
^GSPC (Benchmark)
24.05%
0.89%
11.19%
30.12%
13.82%
11.14%
Monthly Returns
The table below presents the monthly returns of FWRLX, 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 | 0.86% | 1.10% | 0.84% | -7.20% | 8.63% | 3.31% | 1.52% | 2.29% | 1.39% | -1.52% | 13.53% | ||
2023 | 10.54% | -3.05% | 3.54% | -1.33% | 0.29% | 5.09% | 1.46% | -3.69% | -4.30% | -1.17% | 12.25% | 3.72% | 24.16% |
2022 | -4.64% | -4.79% | 2.09% | -11.89% | 0.43% | -7.80% | 7.26% | -3.99% | -12.01% | 5.13% | 4.88% | -10.85% | -32.66% |
2021 | -0.29% | -2.20% | 3.30% | 1.23% | 0.36% | 3.64% | 0.76% | 1.16% | -5.82% | 1.22% | -0.92% | 2.45% | 4.62% |
2020 | 0.09% | -4.63% | -8.88% | 3.91% | 7.02% | 4.99% | 6.86% | 6.42% | -4.64% | -2.84% | 12.02% | 2.57% | 22.92% |
2019 | 5.11% | 3.36% | 3.58% | 5.95% | -6.73% | 6.13% | 2.89% | 0.10% | 2.20% | 4.80% | 3.08% | 2.70% | 37.81% |
2018 | 4.15% | -2.28% | -3.01% | -2.02% | 0.61% | 0.10% | 3.56% | 4.02% | 1.51% | -4.37% | -2.04% | -16.99% | -17.17% |
2017 | 3.33% | 4.95% | 3.40% | 0.11% | 4.25% | -3.56% | 4.54% | 1.92% | -1.78% | 0.91% | 3.40% | -0.92% | 22.09% |
2016 | -4.29% | 0.51% | 6.75% | -2.98% | 3.57% | -0.48% | 4.54% | -0.34% | 2.63% | -0.78% | -3.04% | -1.53% | 4.02% |
2015 | -1.76% | 6.71% | -2.94% | 0.86% | 3.70% | -2.62% | 0.11% | -5.38% | -4.55% | 7.63% | 0.11% | -2.29% | -1.35% |
2014 | -2.28% | 2.72% | -0.29% | 5.83% | 3.57% | -0.84% | -0.74% | 0.74% | -1.37% | 2.03% | 2.20% | -0.09% | 11.79% |
2013 | 3.86% | -0.12% | 2.67% | 3.40% | -1.97% | -1.23% | 2.15% | 0.89% | 6.48% | 4.85% | 0.69% | 3.85% | 28.27% |
Expense Ratio
FWRLX features an expense ratio of 0.77%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FWRLX is 32, 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 Wireless Portfolio (FWRLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Select Wireless Portfolio provided a 0.98% dividend yield over the last twelve months, with an annual payout of $0.13 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.13 | $0.11 | $0.09 | $0.09 | $0.10 | $0.12 | $0.19 | $0.14 | $0.09 | $0.81 | $2.30 | $0.10 |
Dividend yield | 0.98% | 0.96% | 0.97% | 0.65% | 0.70% | 1.05% | 2.34% | 1.34% | 1.05% | 9.95% | 25.29% | 0.94% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Select Wireless 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 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | |
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
2020 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.10 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
2018 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.19 |
2017 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.14 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
2015 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.81 |
2014 | $0.00 | $0.00 | $0.00 | $1.67 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.63 | $2.30 |
2013 | $0.10 | $0.10 |
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 Wireless 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 Wireless Portfolio was 79.37%, occurring on Oct 9, 2002. Recovery took 1253 trading sessions.
The current Fidelity Select Wireless Portfolio drawdown is 8.94%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-79.37% | Nov 3, 2000 | 480 | Oct 9, 2002 | 1253 | Oct 5, 2007 | 1733 |
-65.22% | Oct 15, 2007 | 279 | Nov 20, 2008 | 1046 | Jan 22, 2013 | 1325 |
-36.56% | Sep 3, 2021 | 332 | Dec 28, 2022 | — | — | — |
-27.64% | Feb 13, 2020 | 22 | Mar 16, 2020 | 96 | Jul 31, 2020 | 118 |
-26.2% | Sep 14, 2018 | 70 | Dec 24, 2018 | 203 | Oct 15, 2019 | 273 |
Volatility
Volatility Chart
The current Fidelity Select Wireless Portfolio volatility is 3.23%, 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.