FBIOX vs. FNCMX
Compare and contrast key facts about Fidelity Select Biotechnology Portfolio (FBIOX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
FBIOX is managed by Fidelity. It was launched on Dec 16, 1985. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBIOX or FNCMX.
Correlation
The correlation between FBIOX and FNCMX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FBIOX vs. FNCMX - Performance Comparison
Key characteristics
FBIOX:
-0.28
FNCMX:
0.41
FBIOX:
-0.22
FNCMX:
0.74
FBIOX:
0.97
FNCMX:
1.10
FBIOX:
-0.20
FNCMX:
0.43
FBIOX:
-0.62
FNCMX:
1.44
FBIOX:
10.55%
FNCMX:
7.24%
FBIOX:
23.69%
FNCMX:
25.59%
FBIOX:
-71.96%
FNCMX:
-55.71%
FBIOX:
-28.16%
FNCMX:
-11.94%
Returns By Period
In the year-to-date period, FBIOX achieves a -9.23% return, which is significantly lower than FNCMX's -8.00% return. Over the past 10 years, FBIOX has underperformed FNCMX with an annualized return of 2.40%, while FNCMX has yielded a comparatively higher 13.95% annualized return.
FBIOX
-9.23%
2.79%
-21.54%
-6.43%
1.11%
2.40%
FNCMX
-8.00%
13.68%
-6.31%
9.26%
15.24%
13.95%
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FBIOX vs. FNCMX - Expense Ratio Comparison
FBIOX has a 0.69% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Risk-Adjusted Performance
FBIOX vs. FNCMX — Risk-Adjusted Performance Rank
FBIOX
FNCMX
FBIOX vs. FNCMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Biotechnology Portfolio (FBIOX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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
FBIOX vs. FNCMX - Dividend Comparison
FBIOX's dividend yield for the trailing twelve months is around 1.33%, more than FNCMX's 0.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIOX Fidelity Select Biotechnology Portfolio | 1.33% | 1.21% | 0.45% | 0.00% | 14.48% | 19.46% | 8.89% | 11.18% | 1.41% | 3.42% | 6.71% | 10.77% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.66% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 4.41% | 1.93% | 0.73% | 1.01% | 0.89% | 1.24% |
Drawdowns
FBIOX vs. FNCMX - Drawdown Comparison
The maximum FBIOX drawdown since its inception was -71.96%, which is greater than FNCMX's maximum drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for FBIOX and FNCMX. For additional features, visit the drawdowns tool.
Volatility
FBIOX vs. FNCMX - Volatility Comparison
The current volatility for Fidelity Select Biotechnology Portfolio (FBIOX) is 12.27%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 14.39%. This indicates that FBIOX experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.