AGO vs. FSCSX
AGO (Assured Guaranty Ltd.) is a stock, while FSCSX (Fidelity Select Software & IT Services Portfolio) is Technology Equities fund actively managed by Fidelity. Over the past 10 years, AGO returned 13.58%/yr vs 16.09%/yr for FSCSX. At a 0.40 correlation, their price movements are largely independent.
Performance
AGO vs. FSCSX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with AGO having a -14.12% return and FSCSX slightly higher at -13.54%. Over the past 10 years, AGO has underperformed FSCSX with an annualized return of 13.58%, while FSCSX has yielded a comparatively higher 16.09% annualized return.
AGO
- 1D
- 1.08%
- 1M
- 0.94%
- YTD
- -14.12%
- 6M
- -14.45%
- 1Y
- -8.27%
- 3Y*
- 13.91%
- 5Y*
- 12.01%
- 10Y*
- 13.58%
FSCSX
- 1D
- -0.35%
- 1M
- 2.79%
- YTD
- -13.54%
- 6M
- -13.86%
- 1Y
- -10.77%
- 3Y*
- 9.63%
- 5Y*
- 5.10%
- 10Y*
- 16.09%
AGO vs. FSCSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGO Assured Guaranty Ltd. | -14.12% | 1.44% | 22.08% | 22.52% | 26.20% | 62.33% | -33.94% | 30.12% | 14.95% | -9.03% |
FSCSX Fidelity Select Software & IT Services Portfolio | -13.54% | 6.96% | 19.66% | 51.72% | -29.13% | 18.13% | 45.55% | 38.99% | 4.08% | 38.60% |
Correlation
The correlation between AGO and FSCSX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2004 | 0.40 |
Over the past year, the correlation between AGO and FSCSX has dropped to 0.11 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AGO vs. FSCSX — Risk / Return Rank
AGO
FSCSX
AGO vs. FSCSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Assured Guaranty Ltd. (AGO) and Fidelity Select Software & IT Services Portfolio (FSCSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGO | FSCSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.95 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.35 | -0.07 |
| Martin ratioReturn relative to average drawdown | -1.04 | -0.78 | -0.26 |
Loading charts...
Drawdowns
AGO vs. FSCSX - Drawdown Comparison
The maximum AGO drawdown since its inception was -90.18%, which is greater than FSCSX's maximum drawdown of -64.66%. Use the drawdown chart below to compare losses from any high point for AGO and FSCSX.
Loading charts...
Drawdown Indicators
| AGO | FSCSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.18% | -64.66% | -25.52% |
Max Drawdown (1Y)Largest decline over 1 year | -19.84% | -34.24% | +14.40% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -34.24% | +12.41% |
Max Drawdown (5Y)Largest decline over 5 years | -30.23% | -37.06% | +6.83% |
Max Drawdown (10Y)Largest decline over 10 years | -61.48% | -37.06% | -24.42% |
Current DrawdownCurrent decline from peak | -17.86% | -18.48% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -19.83% | -13.22% | -6.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.12% | 15.37% | -7.25% |
Volatility
AGO vs. FSCSX - Volatility Comparison
The current volatility for Assured Guaranty Ltd. (AGO) is 5.98%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 12.57%. This indicates that AGO experiences smaller price fluctuations and is considered to be less risky than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AGO | FSCSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 12.57% | -6.59% |
Volatility (6M)Calculated over the trailing 6-month period | 16.99% | 25.44% | -8.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.62% | 28.43% | -6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.30% | 26.51% | +0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.96% | 24.63% | +9.33% |
Dividends
AGO vs. FSCSX - Dividend Comparison
AGO's dividend yield for the trailing twelve months is around 1.88%, less than FSCSX's 23.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGO Assured Guaranty Ltd. | 1.88% | 1.51% | 1.38% | 1.50% | 1.61% | 1.75% | 2.54% | 1.47% | 1.67% | 1.68% | 1.38% | 1.82% |
FSCSX Fidelity Select Software & IT Services Portfolio | 23.23% | 15.40% | 19.17% | 7.72% | 9.06% | 6.54% | 5.10% | 12.70% | 6.20% | 7.15% | 3.98% | 5.22% |
Frequently Asked Questions
AGO and FSCSX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSCSX has higher volatility (12.57%) compared to AGO (5.98%). In terms of maximum drawdown, AGO dropped -90.18% vs FSCSX's -64.66%.
AGO currently has the higher Sharpe Ratio (-0.39 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AGO and FSCSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer