FSELX vs. ERY
Compare and contrast key facts about Fidelity Select Semiconductors Portfolio (FSELX) and Direxion Daily Energy Bear 2X Shares (ERY).
FSELX is managed by Fidelity. It was launched on Jul 29, 1985. ERY is a passively managed fund by Direxion that tracks the performance of the Energy Select Sector Index (-300%). It was launched on Apr 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSELX or ERY.
Correlation
The correlation between FSELX and ERY is 0.77, 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
FSELX vs. ERY - Performance Comparison
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Key characteristics
FSELX:
-0.22
ERY:
0.36
FSELX:
-0.03
ERY:
0.85
FSELX:
1.00
ERY:
1.10
FSELX:
-0.28
ERY:
0.15
FSELX:
-0.70
ERY:
1.15
FSELX:
15.73%
ERY:
12.79%
FSELX:
46.38%
ERY:
49.57%
FSELX:
-81.70%
ERY:
-99.98%
FSELX:
-27.58%
ERY:
-99.98%
Returns By Period
In the year-to-date period, FSELX achieves a -18.11% return, which is significantly lower than ERY's -0.85% return. Over the past 10 years, FSELX has outperformed ERY with an annualized return of 14.02%, while ERY has yielded a comparatively lower -29.29% annualized return.
FSELX
-18.11%
11.02%
-24.74%
-11.09%
21.27%
14.02%
ERY
-0.85%
-8.52%
17.52%
16.18%
-46.21%
-29.29%
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FSELX vs. ERY - Expense Ratio Comparison
FSELX has a 0.68% expense ratio, which is lower than ERY's 1.07% expense ratio.
Risk-Adjusted Performance
FSELX vs. ERY — Risk-Adjusted Performance Rank
FSELX
ERY
FSELX vs. ERY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Semiconductors Portfolio (FSELX) and Direxion Daily Energy Bear 2X Shares (ERY). 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
FSELX vs. ERY - Dividend Comparison
FSELX has not paid dividends to shareholders, while ERY's dividend yield for the trailing twelve months is around 4.15%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FSELX Fidelity Select Semiconductors Portfolio | 0.00% | 0.00% | 0.10% | 0.18% | 0.04% | 0.51% | 0.76% | 0.76% | 1.04% | 0.71% | 16.31% | 3.48% |
ERY Direxion Daily Energy Bear 2X Shares | 4.15% | 4.13% | 4.14% | 0.32% | 0.00% | 0.43% | 1.50% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSELX vs. ERY - Drawdown Comparison
The maximum FSELX drawdown since its inception was -81.70%, smaller than the maximum ERY drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for FSELX and ERY. For additional features, visit the drawdowns tool.
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Volatility
FSELX vs. ERY - Volatility Comparison
The current volatility for Fidelity Select Semiconductors Portfolio (FSELX) is 13.89%, while Direxion Daily Energy Bear 2X Shares (ERY) has a volatility of 18.10%. This indicates that FSELX experiences smaller price fluctuations and is considered to be less risky than ERY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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