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.
Key characteristics
| FSELX | ERY | |
|---|---|---|
| YTD Return | 43.71% | -20.23% |
| 1Y Return | 57.63% | -20.91% |
| 3Y Return (Ann) | 14.18% | -39.93% |
| 5Y Return (Ann) | 23.85% | -44.40% |
| 10Y Return (Ann) | 18.67% | -30.13% |
| Sharpe Ratio | 1.64 | -0.48 |
| Sortino Ratio | 2.16 | -0.50 |
| Omega Ratio | 1.28 | 0.94 |
| Calmar Ratio | 2.41 | -0.17 |
| Martin Ratio | 6.94 | -0.88 |
| Ulcer Index | 8.47% | 19.57% |
| Daily Std Dev | 35.91% | 35.92% |
| Max Drawdown | -81.70% | -99.98% |
| Current Drawdown | -7.93% | -99.98% |
Correlation
The correlation between FSELX and ERY is -0.48. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FSELX vs. ERY - Performance Comparison
In the year-to-date period, FSELX achieves a 43.71% return, which is significantly higher than ERY's -20.23% return. Over the past 10 years, FSELX has outperformed ERY with an annualized return of 18.67%, while ERY has yielded a comparatively lower -30.13% 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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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 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.
Dividends
FSELX vs. ERY - Dividend Comparison
FSELX's dividend yield for the trailing twelve months is around 0.07%, less than ERY's 5.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSELX Fidelity Select Semiconductors Portfolio | 0.07% | 0.10% | 0.18% | 0.04% | 0.51% | 0.76% | 0.76% | 1.04% | 0.71% | 16.31% | 3.48% | 0.61% |
ERY Direxion Daily Energy Bear 2X Shares | 5.53% | 4.14% | 0.32% | 0.00% | 0.43% | 1.50% | 0.56% | 0.00% | 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.
Volatility
FSELX vs. ERY - Volatility Comparison
The current volatility for Fidelity Select Semiconductors Portfolio (FSELX) is 8.78%, while Direxion Daily Energy Bear 2X Shares (ERY) has a volatility of 11.86%. 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.