FBMPX vs. FSDAX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Select Communication Services Portfolio (FBMPX) and Fidelity Select Defense & Aerospace Portfolio (FSDAX).

FBMPX is managed by Fidelity. It was launched on Jun 29, 1986. FSDAX is managed by Fidelity. It was launched on May 8, 1984.

Performance

FBMPX vs. FSDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Communication Services Portfolio (FBMPX) and Fidelity Select Defense & Aerospace Portfolio (FSDAX). The values are adjusted to include any dividend payments, if applicable.

FBMPX vs. FSDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBMPX Fidelity Select Communication Services Portfolio	-11.69%	37.07%	35.98%	56.85%	-38.30%	15.97%	35.48%	33.14%	-3.52%	12.60%
FSDAX Fidelity Select Defense & Aerospace Portfolio	-3.56%	50.03%	15.83%	16.29%	6.83%	4.91%	-7.87%	33.75%	-6.83%	34.15%

Returns By Period

In the year-to-date period, FBMPX achieves a -11.69% return, which is significantly lower than FSDAX's -3.56% return. Both investments have delivered pretty close results over the past 10 years, with FBMPX having a 14.79% annualized return and FSDAX not far ahead at 14.95%.

FBMPX

• 1D: -0.18%
• 1M: -11.49%
• YTD: -11.69%
• 6M: -9.17%
• 1Y: 27.49%
• 3Y*: 28.69%
• 5Y*: 11.04%
• 10Y*: 14.79%

FSDAX

• 1D: -2.27%
• 1M: -14.26%
• YTD: -3.56%
• 6M: -1.06%
• 1Y: 34.57%
• 3Y*: 23.65%
• 5Y*: 15.00%
• 10Y*: 14.95%

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

FBMPX vs. FSDAX - Expense Ratio Comparison

Both FBMPX and FSDAX have an expense ratio of 0.74%.

FBMPX

Fidelity Select Communication Services Portfolio

FSDAX

Fidelity Select Defense & Aerospace Portfolio

Return for Risk

FBMPX vs. FSDAX — Risk / Return Rank

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

FBMPX

FBMPX Risk / Return Rank: 65
FBMPX Sharpe Ratio Rank: 70
FBMPX Sortino Ratio Rank: 72
FBMPX Omega Ratio Rank: 66
FBMPX Calmar Ratio Rank: 61
FBMPX Martin Ratio Rank: 56

FSDAX

FSDAX Risk / Return Rank: 80
FSDAX Sharpe Ratio Rank: 81
FSDAX Sortino Ratio Rank: 80
FSDAX Omega Ratio Rank: 78
FSDAX Calmar Ratio Rank: 82
FSDAX Martin Ratio Rank: 80

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.

FBMPX vs. FSDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Communication Services Portfolio (FBMPX) and Fidelity Select Defense & Aerospace Portfolio (FSDAX). 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.

	FBMPX	FSDAX	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.48	-0.28
Sortino ratio Return per unit of downside risk	1.77	2.02	-0.25
Omega ratio Gain probability vs. loss probability	1.24	1.29	-0.05
Calmar ratio Return relative to maximum drawdown	1.39	1.96	-0.57
Martin ratio Return relative to average drawdown	5.33	7.81	-2.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBMPX vs. FSDAX - Sharpe Ratio Comparison

The current FBMPX Sharpe Ratio is 1.20, which is comparable to the FSDAX Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of FBMPX and FSDAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FBMPX	FSDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.48	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.76	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.68	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.63	0.00

Correlation

The correlation between FBMPX and FSDAX is 0.62, 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.

Dividends

FBMPX vs. FSDAX - Dividend Comparison

FBMPX's dividend yield for the trailing twelve months is around 9.16%, more than FSDAX's 4.65% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBMPX Fidelity Select Communication Services Portfolio	9.16%	8.09%	7.05%	0.00%	0.00%	5.88%	3.74%	35.43%	15.29%	5.53%	7.50%	7.29%
FSDAX Fidelity Select Defense & Aerospace Portfolio	4.65%	4.48%	7.68%	6.47%	8.87%	8.38%	2.11%	2.62%	11.45%	3.57%	4.87%	6.30%

Drawdowns

FBMPX vs. FSDAX - Drawdown Comparison

The maximum FBMPX drawdown since its inception was -61.77%, roughly equal to the maximum FSDAX drawdown of -60.59%. Use the drawdown chart below to compare losses from any high point for FBMPX and FSDAX.

Drawdown Indicators

	FBMPX	FSDAX	Difference
Max Drawdown Largest peak-to-trough decline	-61.77%	-60.59%	-1.18%
Max Drawdown (1Y) Largest decline over 1 year	-16.90%	-16.13%	-0.77%
Max Drawdown (5Y) Largest decline over 5 years	-47.42%	-22.84%	-24.58%
Max Drawdown (10Y) Largest decline over 10 years	-47.42%	-47.08%	-0.34%
Current Drawdown Current decline from peak	-16.90%	-16.13%	-0.77%
Average Drawdown Average peak-to-trough decline	-10.66%	-10.45%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.40%	4.04%	+0.36%

Volatility

FBMPX vs. FSDAX - Volatility Comparison

The current volatility for Fidelity Select Communication Services Portfolio (FBMPX) is 7.07%, while Fidelity Select Defense & Aerospace Portfolio (FSDAX) has a volatility of 7.71%. This indicates that FBMPX experiences smaller price fluctuations and is considered to be less risky than FSDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBMPX	FSDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	7.71%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	13.79%	15.52%	-1.73%
Volatility (1Y) Calculated over the trailing 1-year period	23.07%	23.22%	-0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.13%	19.92%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.83%	22.07%	-0.24%