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FBMPX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FBMPX vs. FSELX - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.60%
5.55%
FBMPX
FSELX

Returns By Period

In the year-to-date period, FBMPX achieves a 27.05% return, which is significantly lower than FSELX's 41.28% return. Over the past 10 years, FBMPX has underperformed FSELX with an annualized return of 3.46%, while FSELX has yielded a comparatively higher 18.19% annualized return.


FBMPX

YTD

27.05%

1M

3.78%

6M

12.60%

1Y

32.48%

5Y (annualized)

11.17%

10Y (annualized)

3.46%

FSELX

YTD

41.28%

1M

-2.20%

6M

5.55%

1Y

41.59%

5Y (annualized)

24.02%

10Y (annualized)

18.19%

Key characteristics


FBMPXFSELX
Sharpe Ratio1.911.22
Sortino Ratio2.521.73
Omega Ratio1.341.22
Calmar Ratio1.711.80
Martin Ratio10.025.10
Ulcer Index3.39%8.62%
Daily Std Dev17.85%36.07%
Max Drawdown-61.51%-81.70%
Current Drawdown-1.62%-9.48%

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FBMPX vs. FSELX - Expense Ratio Comparison

FBMPX has a 0.74% expense ratio, which is higher than FSELX's 0.68% expense ratio.


FBMPX
Fidelity Select Communication Services Portfolio
Expense ratio chart for FBMPX: current value at 0.74% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.74%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.00.6

The correlation between FBMPX and FSELX is 0.65, 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.

Risk-Adjusted Performance

FBMPX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Communication Services Portfolio (FBMPX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.


Sharpe ratio
The chart of Sharpe ratio for FBMPX, currently valued at 1.91, compared to the broader market0.002.004.001.911.22
The chart of Sortino ratio for FBMPX, currently valued at 2.52, compared to the broader market0.005.0010.002.521.73
The chart of Omega ratio for FBMPX, currently valued at 1.34, compared to the broader market1.002.003.004.001.341.22
The chart of Calmar ratio for FBMPX, currently valued at 1.71, compared to the broader market0.005.0010.0015.0020.0025.001.711.80
The chart of Martin ratio for FBMPX, currently valued at 10.02, compared to the broader market0.0020.0040.0060.0080.00100.0010.025.10
FBMPX
FSELX

The current FBMPX Sharpe Ratio is 1.91, which is higher than the FSELX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FBMPX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.91
1.22
FBMPX
FSELX

Dividends

FBMPX vs. FSELX - Dividend Comparison

FBMPX has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 0.07%.


TTM20232022202120202019201820172016201520142013
FBMPX
Fidelity Select Communication Services Portfolio
0.00%0.00%0.00%0.00%0.00%0.00%0.29%0.21%0.44%2.46%1.95%3.30%
FSELX
Fidelity Select Semiconductors Portfolio
0.07%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

FBMPX vs. FSELX - Drawdown Comparison

The maximum FBMPX drawdown since its inception was -61.51%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FBMPX and FSELX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.62%
-9.48%
FBMPX
FSELX

Volatility

FBMPX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select Communication Services Portfolio (FBMPX) is 5.02%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.48%. This indicates that FBMPX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
5.02%
9.48%
FBMPX
FSELX