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BOGSX vs. FSCSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BOGSX vs. FSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Black Oak Emerging Technology Fund (BOGSX) and Fidelity Select Software & IT Services Portfolio (FSCSX). The values are adjusted to include any dividend payments, if applicable.

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BOGSX vs. FSCSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BOGSX
Black Oak Emerging Technology Fund
-1.72%19.06%9.25%17.79%-27.30%26.89%45.16%38.20%-4.94%19.05%
FSCSX
Fidelity Select Software & IT Services Portfolio
-27.86%6.96%19.66%51.72%-29.13%18.13%45.55%38.99%4.08%38.60%

Returns By Period

In the year-to-date period, BOGSX achieves a -1.72% return, which is significantly higher than FSCSX's -27.86% return. Both investments have delivered pretty close results over the past 10 years, with BOGSX having a 13.86% annualized return and FSCSX not far ahead at 14.26%.


BOGSX

1D
-1.48%
1M
-6.64%
YTD
-1.72%
6M
-0.71%
1Y
24.96%
3Y*
10.34%
5Y*
5.28%
10Y*
13.86%

FSCSX

1D
0.94%
1M
-5.55%
YTD
-27.86%
6M
-29.20%
1Y
-12.22%
3Y*
6.48%
5Y*
3.10%
10Y*
14.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BOGSX vs. FSCSX - Expense Ratio Comparison

BOGSX has a 1.03% expense ratio, which is higher than FSCSX's 0.67% expense ratio.


Return for Risk

BOGSX vs. FSCSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOGSX
BOGSX Risk / Return Rank: 5757
Overall Rank
BOGSX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
BOGSX Sortino Ratio Rank: 5555
Sortino Ratio Rank
BOGSX Omega Ratio Rank: 4848
Omega Ratio Rank
BOGSX Calmar Ratio Rank: 7272
Calmar Ratio Rank
BOGSX Martin Ratio Rank: 6161
Martin Ratio Rank

FSCSX
FSCSX Risk / Return Rank: 22
Overall Rank
FSCSX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
FSCSX Sortino Ratio Rank: 22
Sortino Ratio Rank
FSCSX Omega Ratio Rank: 22
Omega Ratio Rank
FSCSX Calmar Ratio Rank: 22
Calmar Ratio Rank
FSCSX Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOGSX vs. FSCSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Black Oak Emerging Technology Fund (BOGSX) 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.


BOGSXFSCSXDifference

Sharpe ratio

Return per unit of total volatility

0.95

-0.46

+1.41

Sortino ratio

Return per unit of downside risk

1.47

-0.48

+1.95

Omega ratio

Gain probability vs. loss probability

1.20

0.94

+0.26

Calmar ratio

Return relative to maximum drawdown

1.65

-0.48

+2.12

Martin ratio

Return relative to average drawdown

5.85

-1.33

+7.18

BOGSX vs. FSCSX - Sharpe Ratio Comparison

The current BOGSX Sharpe Ratio is 0.95, which is higher than the FSCSX Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of BOGSX and FSCSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BOGSXFSCSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

-0.46

+1.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

0.12

+0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.59

-0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

0.58

-0.52

Correlation

The correlation between BOGSX and FSCSX is 0.83, 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.


Dividends

BOGSX vs. FSCSX - Dividend Comparison

BOGSX's dividend yield for the trailing twelve months is around 5.86%, less than FSCSX's 21.35% yield.


TTM20252024202320222021202020192018201720162015
BOGSX
Black Oak Emerging Technology Fund
5.86%5.76%7.96%3.79%1.87%11.31%6.30%5.47%11.71%7.71%4.00%3.09%
FSCSX
Fidelity Select Software & IT Services Portfolio
21.35%15.40%19.17%7.72%9.06%6.54%5.10%12.70%6.20%7.15%3.98%5.22%

Drawdowns

BOGSX vs. FSCSX - Drawdown Comparison

The maximum BOGSX drawdown since its inception was -92.80%, which is greater than FSCSX's maximum drawdown of -64.66%. Use the drawdown chart below to compare losses from any high point for BOGSX and FSCSX.


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Drawdown Indicators


BOGSXFSCSXDifference

Max Drawdown

Largest peak-to-trough decline

-92.80%

-64.66%

-28.14%

Max Drawdown (1Y)

Largest decline over 1 year

-12.77%

-32.62%

+19.85%

Max Drawdown (5Y)

Largest decline over 5 years

-33.93%

-37.06%

+3.13%

Max Drawdown (10Y)

Largest decline over 10 years

-33.93%

-37.06%

+3.13%

Current Drawdown

Current decline from peak

-10.20%

-31.99%

+21.79%

Average Drawdown

Average peak-to-trough decline

-59.36%

-13.18%

-46.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.60%

11.70%

-8.10%

Volatility

BOGSX vs. FSCSX - Volatility Comparison

The current volatility for Black Oak Emerging Technology Fund (BOGSX) is 7.10%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 8.07%. This indicates that BOGSX 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.


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Volatility by Period


BOGSXFSCSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.10%

8.07%

-0.97%

Volatility (6M)

Calculated over the trailing 6-month period

16.64%

20.01%

-3.37%

Volatility (1Y)

Calculated over the trailing 1-year period

25.96%

28.30%

-2.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.14%

25.48%

-0.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.44%

24.06%

+0.38%