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FBIOX vs. ETIHX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FBIOX vs. ETIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Biotechnology Portfolio (FBIOX) and Eventide Healthcare & Life Sciences Fund (ETIHX). The values are adjusted to include any dividend payments, if applicable.

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FBIOX vs. ETIHX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FBIOX
Fidelity Select Biotechnology Portfolio
2.11%36.38%7.26%10.09%-15.87%-12.26%38.62%36.12%-10.92%27.87%
ETIHX
Eventide Healthcare & Life Sciences Fund
-4.72%56.73%-10.13%11.01%-19.62%-16.87%37.12%58.74%-0.27%45.83%

Returns By Period

In the year-to-date period, FBIOX achieves a 2.11% return, which is significantly higher than ETIHX's -4.72% return. Over the past 10 years, FBIOX has underperformed ETIHX with an annualized return of 10.44%, while ETIHX has yielded a comparatively higher 12.95% annualized return.


FBIOX

1D
5.51%
1M
-1.00%
YTD
2.11%
6M
15.61%
1Y
46.30%
3Y*
19.65%
5Y*
4.79%
10Y*
10.44%

ETIHX

1D
6.18%
1M
-2.47%
YTD
-4.72%
6M
20.62%
1Y
66.40%
3Y*
14.82%
5Y*
1.31%
10Y*
12.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FBIOX vs. ETIHX - Expense Ratio Comparison

FBIOX has a 0.69% expense ratio, which is lower than ETIHX's 1.30% expense ratio.


Return for Risk

FBIOX vs. ETIHX — Risk / Return Rank

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

FBIOX
FBIOX Risk / Return Rank: 8686
Overall Rank
FBIOX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FBIOX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FBIOX Omega Ratio Rank: 7575
Omega Ratio Rank
FBIOX Calmar Ratio Rank: 9292
Calmar Ratio Rank
FBIOX Martin Ratio Rank: 9292
Martin Ratio Rank

ETIHX
ETIHX Risk / Return Rank: 9494
Overall Rank
ETIHX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
ETIHX Sortino Ratio Rank: 9494
Sortino Ratio Rank
ETIHX Omega Ratio Rank: 8888
Omega Ratio Rank
ETIHX Calmar Ratio Rank: 9797
Calmar Ratio Rank
ETIHX Martin Ratio Rank: 9696
Martin Ratio Rank
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.

FBIOX vs. ETIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Biotechnology Portfolio (FBIOX) and Eventide Healthcare & Life Sciences Fund (ETIHX). 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.


FBIOXETIHXDifference

Sharpe ratio

Return per unit of total volatility

1.70

2.33

-0.63

Sortino ratio

Return per unit of downside risk

2.26

3.06

-0.80

Omega ratio

Gain probability vs. loss probability

1.29

1.39

-0.09

Calmar ratio

Return relative to maximum drawdown

2.86

4.26

-1.41

Martin ratio

Return relative to average drawdown

11.00

14.67

-3.67

FBIOX vs. ETIHX - Sharpe Ratio Comparison

The current FBIOX Sharpe Ratio is 1.70, which is comparable to the ETIHX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of FBIOX and ETIHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FBIOXETIHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.70

2.33

-0.63

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.19

0.05

+0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.40

0.46

-0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.52

-0.04

Correlation

The correlation between FBIOX and ETIHX is 0.92, 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.


Dividends

FBIOX vs. ETIHX - Dividend Comparison

FBIOX's dividend yield for the trailing twelve months is around 2.42%, while ETIHX has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
FBIOX
Fidelity Select Biotechnology Portfolio
2.42%2.47%1.21%0.45%0.00%14.48%19.46%8.89%11.18%1.41%3.42%6.71%
ETIHX
Eventide Healthcare & Life Sciences Fund
0.00%0.00%0.00%0.00%0.00%10.78%3.49%2.08%7.33%1.28%0.00%1.22%

Drawdowns

FBIOX vs. ETIHX - Drawdown Comparison

The maximum FBIOX drawdown since its inception was -71.98%, which is greater than ETIHX's maximum drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for FBIOX and ETIHX.


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Drawdown Indicators


FBIOXETIHXDifference

Max Drawdown

Largest peak-to-trough decline

-71.98%

-55.11%

-16.87%

Max Drawdown (1Y)

Largest decline over 1 year

-12.27%

-12.50%

+0.23%

Max Drawdown (5Y)

Largest decline over 5 years

-44.87%

-49.49%

+4.62%

Max Drawdown (10Y)

Largest decline over 10 years

-48.66%

-55.11%

+6.45%

Current Drawdown

Current decline from peak

-2.21%

-7.09%

+4.88%

Average Drawdown

Average peak-to-trough decline

-23.72%

-18.17%

-5.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.57%

3.79%

-0.22%

Volatility

FBIOX vs. ETIHX - Volatility Comparison

The current volatility for Fidelity Select Biotechnology Portfolio (FBIOX) is 9.24%, while Eventide Healthcare & Life Sciences Fund (ETIHX) has a volatility of 10.04%. This indicates that FBIOX experiences smaller price fluctuations and is considered to be less risky than ETIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FBIOXETIHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.24%

10.04%

-0.80%

Volatility (6M)

Calculated over the trailing 6-month period

15.54%

17.34%

-1.80%

Volatility (1Y)

Calculated over the trailing 1-year period

24.47%

26.36%

-1.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.93%

27.84%

-2.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.43%

28.46%

-2.03%