Correlation
The correlation between EKWAX and FSELX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
EKWAX vs. FSELX
Compare and contrast key facts about Allspring Precious Metals Fund (EKWAX) and Fidelity Select Semiconductors Portfolio (FSELX).
EKWAX is managed by Allspring Global Investments. It was launched on Jan 19, 1998. 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: EKWAX or FSELX.
Performance
EKWAX vs. FSELX - Performance Comparison
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Key characteristics
EKWAX:
1.99
FSELX:
0.00
EKWAX:
2.49
FSELX:
0.37
EKWAX:
1.33
FSELX:
1.05
EKWAX:
1.53
FSELX:
0.04
EKWAX:
8.98
FSELX:
0.09
EKWAX:
7.00%
FSELX:
14.03%
EKWAX:
31.86%
FSELX:
46.96%
EKWAX:
-76.76%
FSELX:
-81.70%
EKWAX:
-1.30%
FSELX:
-9.98%
Returns By Period
In the year-to-date period, EKWAX achieves a 51.89% return, which is significantly higher than FSELX's -1.99% return. Over the past 10 years, EKWAX has underperformed FSELX with an annualized return of 11.57%, while FSELX has yielded a comparatively higher 23.97% annualized return.
EKWAX
51.89%
4.76%
41.26%
62.72%
22.77%
11.59%
11.57%
FSELX
-1.99%
20.29%
1.22%
0.09%
28.18%
30.67%
23.97%
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EKWAX vs. FSELX - Expense Ratio Comparison
EKWAX has a 1.09% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
EKWAX vs. FSELX — Risk-Adjusted Performance Rank
EKWAX
FSELX
EKWAX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Precious Metals Fund (EKWAX) 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.
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Dividends
EKWAX vs. FSELX - Dividend Comparison
EKWAX's dividend yield for the trailing twelve months is around 0.55%, less than FSELX's 8.81% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EKWAX Allspring Precious Metals Fund | 0.55% | 0.84% | 0.00% | 2.01% | 1.35% | 1.45% | 0.11% | 0.00% | 1.34% | 1.11% | 0.00% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 8.81% | 3.99% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 15.22% | 3.01% |
Drawdowns
EKWAX vs. FSELX - Drawdown Comparison
The maximum EKWAX drawdown since its inception was -76.76%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for EKWAX and FSELX.
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Volatility
EKWAX vs. FSELX - Volatility Comparison
Allspring Precious Metals Fund (EKWAX) has a higher volatility of 13.56% compared to Fidelity Select Semiconductors Portfolio (FSELX) at 9.68%. This indicates that EKWAX's price experiences larger fluctuations and is considered to be riskier than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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