ES vs. FSENX
ES (Eversource Energy) is a stock, while FSENX (Fidelity Select Energy Portfolio) is Energy Equities fund actively managed by Fidelity. Over the past 10 years, ES returned 5.44%/yr vs 9.51%/yr for FSENX. At a 0.21 correlation, their price movements are largely independent.
Performance
ES vs. FSENX - Performance Comparison
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Returns By Period
In the year-to-date period, ES achieves a 4.32% return, which is significantly lower than FSENX's 32.92% return. Over the past 10 years, ES has underperformed FSENX with an annualized return of 5.44%, while FSENX has yielded a comparatively higher 9.51% annualized return.
ES
- 1D
- 0.38%
- 1M
- 3.48%
- YTD
- 4.32%
- 6M
- 4.28%
- 1Y
- 10.16%
- 3Y*
- 4.00%
- 5Y*
- 0.24%
- 10Y*
- 5.44%
FSENX
- 1D
- -1.07%
- 1M
- -4.06%
- YTD
- 32.92%
- 6M
- 31.47%
- 1Y
- 41.02%
- 3Y*
- 18.51%
- 5Y*
- 21.65%
- 10Y*
- 9.51%
ES vs. FSENX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.32% | 22.86% | -2.46% | -23.43% | -5.06% | 8.18% | 4.45% | 34.49% | 6.41% | 17.97% |
FSENX Fidelity Select Energy Portfolio | 32.92% | 10.56% | 4.26% | 0.94% | 62.98% | 55.31% | -32.51% | 9.90% | -24.94% | -2.65% |
Correlation
The correlation between ES and FSENX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 1984 | 0.21 |
The correlation between ES and FSENX shifts across timeframes, from 0.04 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ES vs. FSENX — Risk / Return Rank
ES
FSENX
ES vs. FSENX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eversource Energy (ES) and Fidelity Select Energy Portfolio (FSENX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ES | FSENX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.89 | ||
| Sortino ratioReturn per unit of downside risk | -2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.36 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 4.48 | -3.87 |
| Martin ratioReturn relative to average drawdown | 1.46 | 12.74 | -11.28 |
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Drawdowns
ES vs. FSENX - Drawdown Comparison
The maximum ES drawdown since its inception was -73.04%, roughly equal to the maximum FSENX drawdown of -76.24%. Use the drawdown chart below to compare losses from any high point for ES and FSENX.
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Drawdown Indicators
| ES | FSENX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.04% | -76.24% | +3.20% |
Max Drawdown (1Y)Largest decline over 1 year | -15.13% | -9.95% | -5.18% |
Max Drawdown (3Y)Largest decline over 3 years | -28.65% | -25.85% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -41.69% | -28.02% | -13.67% |
Max Drawdown (10Y)Largest decline over 10 years | -41.69% | -72.11% | +30.42% |
Current DrawdownCurrent decline from peak | -13.32% | -6.57% | -6.75% |
Average DrawdownAverage peak-to-trough decline | -19.06% | -17.00% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.30% | 3.49% | +2.81% |
Volatility
ES vs. FSENX - Volatility Comparison
Eversource Energy (ES) has a higher volatility of 7.72% compared to Fidelity Select Energy Portfolio (FSENX) at 6.56%. This indicates that ES's price experiences larger fluctuations and is considered to be riskier than FSENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ES | FSENX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.72% | 6.56% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 16.00% | 15.63% | +0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.68% | 19.77% | +4.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.94% | 27.31% | -3.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.35% | 30.93% | -6.58% |
Dividends
ES vs. FSENX - Dividend Comparison
ES's dividend yield for the trailing twelve months is around 4.48%, more than FSENX's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.48% | 4.47% | 4.98% | 4.37% | 3.04% | 2.65% | 2.62% | 2.52% | 3.11% | 3.01% | 3.22% | 3.27% |
FSENX Fidelity Select Energy Portfolio | 1.61% | 1.95% | 1.95% | 1.98% | 2.50% | 2.25% | 3.43% | 1.84% | 1.48% | 1.74% | 0.62% | 1.29% |
Frequently Asked Questions
ES and FSENX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ES has higher volatility (7.72%) compared to FSENX (6.56%). In terms of maximum drawdown, ES dropped -73.04% vs FSENX's -76.24%.
FSENX currently has the higher Sharpe Ratio (2.26 vs 0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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