BARIX vs. FSELX
Compare and contrast key facts about Baron Asset Fund Institutional Class (BARIX) and Fidelity Select Semiconductors Portfolio (FSELX).
BARIX is managed by Baron Capital Group. It was launched on May 29, 2009. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BARIX or FSELX.
Key characteristics
| BARIX | FSELX | |
|---|---|---|
| YTD Return | -1.57% | 19.05% |
| 1Y Return | 12.09% | 64.48% |
| 3Y Return (Ann) | -2.62% | 25.72% |
| 5Y Return (Ann) | 7.08% | 30.53% |
| 10Y Return (Ann) | 9.64% | 26.86% |
| Sharpe Ratio | 0.72 | 2.00 |
| Daily Std Dev | 14.50% | 31.68% |
| Max Drawdown | -37.44% | -81.70% |
| Current Drawdown | -16.31% | -10.29% |
Correlation
The correlation between BARIX and FSELX is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BARIX vs. FSELX - Performance Comparison
In the year-to-date period, BARIX achieves a -1.57% return, which is significantly lower than FSELX's 19.05% return. Over the past 10 years, BARIX has underperformed FSELX with an annualized return of 9.64%, while FSELX has yielded a comparatively higher 26.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BARIX vs. FSELX - Expense Ratio Comparison
BARIX has a 1.03% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
BARIX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Asset Fund Institutional Class (BARIX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.
Dividends
BARIX vs. FSELX - Dividend Comparison
BARIX's dividend yield for the trailing twelve months is around 3.34%, less than FSELX's 5.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BARIX Baron Asset Fund Institutional Class | 3.34% | 3.28% | 0.01% | 7.26% | 2.92% | 1.70% | 0.00% | 7.01% | 4.74% | 11.23% | 6.41% | 8.88% |
FSELX Fidelity Select Semiconductors Portfolio | 5.90% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 16.31% | 3.48% | 0.61% |
Drawdowns
BARIX vs. FSELX - Drawdown Comparison
The maximum BARIX drawdown since its inception was -37.44%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for BARIX and FSELX. For additional features, visit the drawdowns tool.
Volatility
BARIX vs. FSELX - Volatility Comparison
The current volatility for Baron Asset Fund Institutional Class (BARIX) is 4.34%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 11.23%. This indicates that BARIX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.