FBGKX vs. FSENX

Last updated Jun 26, 2026

FBGKX (Fidelity Blue Chip Growth Fund Class K) and FSENX (Fidelity Select Energy Portfolio) are both mutual funds - FBGKX is a Large Cap Growth Equities fund actively managed by Fidelity, while FSENX is a Energy Equities fund actively managed by Fidelity. Both are actively managed. Over the past 10 years, FBGKX returned 22.15%/yr vs 8.87%/yr for FSENX. A 0.50 correlation means they provide meaningful diversification when combined. FBGKX charges 0.54%/yr vs 0.77%/yr for FSENX.

Performance

FBGKX vs. FSENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth Fund Class K (FBGKX) and Fidelity Select Energy Portfolio (FSENX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBGKX achieves a 13.75% return, which is significantly lower than FSENX's 24.88% return. Over the past 10 years, FBGKX has outperformed FSENX with an annualized return of 22.15%, while FSENX has yielded a comparatively lower 8.87% annualized return.

FBGKX

• 1D: -0.09%
• 1M: -1.07%
• YTD: 13.75%
• 6M: 12.32%
• 1Y: 34.22%
• 3Y*: 29.77%
• 5Y*: 14.64%
• 10Y*: 22.15%

FSENX

• 1D: -1.97%
• 1M: -7.60%
• YTD: 24.88%
• 6M: 26.10%
• 1Y: 37.08%
• 3Y*: 17.05%
• 5Y*: 19.97%
• 10Y*: 8.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBGKX vs. FSENX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBGKX Fidelity Blue Chip Growth Fund Class K	13.75%	19.99%	39.87%	55.76%	-38.40%	22.74%	62.35%	33.56%	1.11%	36.08%
FSENX Fidelity Select Energy Portfolio	24.88%	10.56%	4.26%	0.94%	62.98%	55.31%	-32.51%	9.90%	-24.94%	-2.65%

Correlation

The correlation between FBGKX and FSENX is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since May 15, 2008	0.50

The correlation between FBGKX and FSENX shifts across timeframes, from -0.11 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FBGKX vs. FSENX — Risk / Return Rank

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

FBGKX

FBGKX Risk / Return Rank: 59
FBGKX Sharpe Ratio Rank: 57
FBGKX Sortino Ratio Rank: 49
FBGKX Omega Ratio Rank: 49
FBGKX Calmar Ratio Rank: 69
FBGKX Martin Ratio Rank: 70

FSENX

FSENX Risk / Return Rank: 55
FSENX Sharpe Ratio Rank: 56
FSENX Sortino Ratio Rank: 49
FSENX Omega Ratio Rank: 43
FSENX Calmar Ratio Rank: 76
FSENX Martin Ratio Rank: 53

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.

FBGKX vs. FSENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund Class K (FBGKX) 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.

	FBGKX	FSENX	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.84	+0.01
Sortino ratio: Return per unit of downside risk	2.46	2.45	+0.01
Omega ratio: Gain probability vs. loss probability	1.32	1.30	+0.02
Calmar ratio: Return relative to maximum drawdown	2.78	3.00	-0.23
Martin ratio: Return relative to average drawdown	11.34	9.42	+1.92

FBGKX vs. FSENX - Sharpe Ratio Comparison

The current FBGKX Sharpe Ratio is 1.85, which is comparable to the FSENX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of FBGKX and FSENX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FBGKX vs. FSENX - Drawdown Comparison

The maximum FBGKX drawdown since its inception was -48.90%, smaller than the maximum FSENX drawdown of -76.24%. Use the drawdown chart below to compare losses from any high point for FBGKX and FSENX.

Drawdown Indicators

	FBGKX	FSENX	Difference
Max Drawdown Largest peak-to-trough decline	-48.90%	-76.24%	+27.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-12.22%	-0.41%
Max Drawdown (3Y) Largest decline over 3 years	-27.06%	-25.85%	-1.21%
Max Drawdown (5Y) Largest decline over 5 years	-43.03%	-28.02%	-15.01%
Max Drawdown (10Y) Largest decline over 10 years	-43.03%	-72.11%	+29.08%
Current Drawdown Current decline from peak	-4.81%	-12.22%	+7.41%
Average Drawdown Average peak-to-trough decline	-8.34%	-17.00%	+8.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	3.89%	-0.81%

Volatility

FBGKX vs. FSENX - Volatility Comparison

Fidelity Blue Chip Growth Fund Class K (FBGKX) has a higher volatility of 8.48% compared to Fidelity Select Energy Portfolio (FSENX) at 7.01%. This indicates that FBGKX'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.

Volatility by Period

	FBGKX	FSENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.48%	7.01%	+1.47%
Volatility (6M) Calculated over the trailing 6-month period	14.91%	15.91%	-1.00%
Volatility (1Y) Calculated over the trailing 1-year period	19.04%	19.97%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.10%	27.25%	-2.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.77%	30.92%	-7.15%

FBGKX vs. FSENX - Expense Ratio Comparison

FBGKX has a 0.54% expense ratio, which is lower than FSENX's 0.77% expense ratio.

Dividends

FBGKX vs. FSENX - Dividend Comparison

FBGKX's dividend yield for the trailing twelve months is around 1.66%, less than FSENX's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBGKX Fidelity Blue Chip Growth Fund Class K	1.66%	1.89%	6.00%	0.93%	0.56%	8.77%	6.41%	3.70%	6.41%	4.26%	4.22%	5.36%
FSENX Fidelity Select Energy Portfolio	1.71%	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

Can I hold both FBGKX and FSENX in my portfolio?

FBGKX and FSENX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FBGKX or FSENX?

FBGKX has higher volatility (8.48%) compared to FSENX (7.01%). In terms of maximum drawdown, FBGKX dropped -48.90% vs FSENX's -76.24%.

Which has better risk-adjusted returns?

FBGKX currently has the higher Sharpe Ratio (1.85 vs 1.84), 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.