FBIOX vs. IBB
Compare and contrast key facts about Fidelity Select Biotechnology Portfolio (FBIOX) and iShares Nasdaq Biotechnology ETF (IBB).
FBIOX is managed by Fidelity. It was launched on Dec 16, 1985. IBB is a passively managed fund by iShares that tracks the performance of the NASDAQ Biotechnology Index. It was launched on Feb 5, 2001.
Performance
FBIOX vs. IBB - Performance Comparison
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FBIOX vs. IBB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBIOX Fidelity Select Biotechnology Portfolio | -3.22% | 36.38% | 7.26% | 10.09% | -15.87% | -12.26% | 38.62% | 36.12% | -10.92% | 27.87% |
IBB iShares Nasdaq Biotechnology ETF | 0.12% | 27.98% | -2.41% | 3.76% | -13.69% | 0.95% | 26.01% | 25.42% | -9.53% | 21.08% |
Returns By Period
In the year-to-date period, FBIOX achieves a -3.22% return, which is significantly lower than IBB's 0.12% return. Over the past 10 years, FBIOX has outperformed IBB with an annualized return of 9.85%, while IBB has yielded a comparatively lower 6.84% annualized return.
FBIOX
- 1D
- 0.08%
- 1M
- -6.89%
- YTD
- -3.22%
- 6M
- 11.54%
- 1Y
- 33.83%
- 3Y*
- 17.53%
- 5Y*
- 3.77%
- 10Y*
- 9.85%
IBB
- 1D
- 4.32%
- 1M
- -3.65%
- YTD
- 0.12%
- 6M
- 17.17%
- 1Y
- 32.33%
- 3Y*
- 9.65%
- 5Y*
- 2.46%
- 10Y*
- 6.84%
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FBIOX vs. IBB - Expense Ratio Comparison
FBIOX has a 0.69% expense ratio, which is higher than IBB's 0.47% expense ratio.
Return for Risk
FBIOX vs. IBB — Risk / Return Rank
FBIOX
IBB
FBIOX vs. IBB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Biotechnology Portfolio (FBIOX) and iShares Nasdaq Biotechnology ETF (IBB). 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.
| FBIOX | IBB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.35 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.84 | 1.91 | -0.07 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.10 | 2.41 | -0.31 |
Martin ratioReturn relative to average drawdown | 7.73 | 8.61 | -0.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBIOX | IBB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.35 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.11 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.29 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.26 | +0.21 |
Correlation
The correlation between FBIOX and IBB is 0.95, 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. IBB - Dividend Comparison
FBIOX's dividend yield for the trailing twelve months is around 2.55%, more than IBB's 0.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIOX Fidelity Select Biotechnology Portfolio | 2.55% | 2.47% | 1.21% | 0.45% | 0.00% | 14.48% | 19.46% | 8.89% | 11.18% | 1.41% | 3.42% | 6.71% |
IBB iShares Nasdaq Biotechnology ETF | 0.23% | 0.23% | 0.29% | 0.26% | 0.31% | 0.21% | 0.21% | 0.33% | 0.20% | 0.30% | 0.19% | 0.03% |
Drawdowns
FBIOX vs. IBB - Drawdown Comparison
The maximum FBIOX drawdown since its inception was -71.98%, which is greater than IBB's maximum drawdown of -62.85%. Use the drawdown chart below to compare losses from any high point for FBIOX and IBB.
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Drawdown Indicators
| FBIOX | IBB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.98% | -62.85% | -9.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.27% | -11.65% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -44.87% | -39.82% | -5.05% |
Max Drawdown (10Y)Largest decline over 10 years | -48.66% | -39.82% | -8.84% |
Current DrawdownCurrent decline from peak | -7.32% | -4.88% | -2.44% |
Average DrawdownAverage peak-to-trough decline | -23.72% | -21.30% | -2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 3.47% | +0.58% |
Volatility
FBIOX vs. IBB - Volatility Comparison
The current volatility for Fidelity Select Biotechnology Portfolio (FBIOX) is 7.30%, while iShares Nasdaq Biotechnology ETF (IBB) has a volatility of 8.62%. This indicates that FBIOX experiences smaller price fluctuations and is considered to be less risky than IBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBIOX | IBB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 8.62% | -1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 14.68% | 14.53% | +0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.91% | 24.08% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.85% | 21.87% | +2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 23.37% | +3.01% |