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FBMPX vs. FSHCX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FBMPX vs. FSHCX - Performance Comparison

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

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Returns By Period

In the year-to-date period, FBMPX achieves a 2.86% return, which is significantly lower than FSHCX's 16.94% return. Over the past 10 years, FBMPX has outperformed FSHCX with an annualized return of 16.31%, while FSHCX has yielded a comparatively lower 9.63% annualized return.


FBMPX

1D
-1.81%
1M
-5.72%
6M
-1.53%
YTD
2.86%
1Y
17.82%
3Y*
27.10%
5Y*
11.71%
10Y*
16.31%
ALL TIME*
13.34%

FSHCX

1D
0.00%
1M
-2.29%
6M
22.13%
YTD
16.94%
1Y
42.00%
3Y*
2.68%
5Y*
2.72%
10Y*
9.63%
ALL TIME*
11.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

FBMPX vs. FSHCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FBMPX
Fidelity Select Communication Services Portfolio
2.86%37.07%35.98%56.85%-38.30%15.97%35.48%33.14%-3.52%12.60%
FSHCX
Fidelity Select Health Care Services Portfolio
16.94%3.85%-13.21%1.52%0.86%20.22%18.58%19.91%10.17%24.46%

Correlation

The correlation between FBMPX and FSHCX is 0.20, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.20

Correlation (3Y)
Balances recent behavior with more history.

0.16

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.31

Correlation (10Y)
Provides a long-term view across more market conditions.

0.40

Correlation (All Time)
Calculated using the full available price history since Jun 30, 1986

0.51

Over the past year, the correlation between FBMPX and FSHCX has dropped to 0.20 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.

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Return for Risk

FBMPX vs. FSHCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FBMPX
FBMPX Risk / Return Rank: 2626
Overall Rank
FBMPX Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
FBMPX Sortino Ratio Rank: 2727
Sortino Ratio Rank
FBMPX Omega Ratio Rank: 2727
Omega Ratio Rank
FBMPX Calmar Ratio Rank: 2424
Calmar Ratio Rank
FBMPX Martin Ratio Rank: 2626
Martin Ratio Rank

FSHCX
FSHCX Risk / Return Rank: 6868
Overall Rank
FSHCX Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
FSHCX Sortino Ratio Rank: 6969
Sortino Ratio Rank
FSHCX Omega Ratio Rank: 7676
Omega Ratio Rank
FSHCX Calmar Ratio Rank: 6565
Calmar Ratio Rank
FSHCX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FBMPX vs. FSHCX - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FBMPXFSHCXDifference
Sharpe ratioReturn per unit of total volatility

-0.88

Sortino ratioReturn per unit of downside risk

-0.99

Omega ratioGain probability vs. loss probability

1.16

1.33

-0.16

Calmar ratioReturn relative to maximum drawdown

1.05

2.09

-1.04

Martin ratioReturn relative to average drawdown

3.58

6.95

-3.37

FBMPX vs. FSHCX - Sharpe Ratio Comparison

The current FBMPX Sharpe Ratio is 0.87, which is lower than the FSHCX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of FBMPX and FSHCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FBMPX vs. FSHCX - Drawdown Comparison

The maximum FBMPX drawdown since its inception was -61.77%, which is greater than FSHCX's maximum drawdown of -57.81%. Use the drawdown chart below to compare losses from any high point for FBMPX and FSHCX.


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Drawdown Indicators


FBMPXFSHCXDifference

Max Drawdown

Largest peak-to-trough decline

-61.77%

-57.81%

-3.96%

Max Drawdown (1Y)

Largest decline over 1 year

-16.90%

-16.65%

-0.25%

Max Drawdown (3Y)

Largest decline over 3 years

-23.20%

-29.52%

+6.32%

Max Drawdown (5Y)

Largest decline over 5 years

-47.42%

-29.52%

-17.90%

Max Drawdown (10Y)

Largest decline over 10 years

-47.42%

-35.48%

-11.94%

Current Drawdown

Current decline from peak

-9.34%

-2.75%

-6.59%

Average Drawdown

Average peak-to-trough decline

-10.61%

-11.34%

+0.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.97%

5.04%

-0.07%

Volatility

FBMPX vs. FSHCX - Volatility Comparison

Fidelity Select Communication Services Portfolio (FBMPX) has a higher volatility of 6.85% compared to Fidelity Select Health Care Services Portfolio (FSHCX) at 6.23%. This indicates that FBMPX's price experiences larger fluctuations and is considered to be riskier than FSHCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FBMPXFSHCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.85%

6.23%

+0.62%

Volatility (6M)

Calculated over the trailing 6-month period

16.12%

13.56%

+2.56%

Volatility (1Y)

Calculated over the trailing 1-year period

20.50%

19.96%

+0.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.50%

19.38%

+4.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.09%

21.54%

+0.55%

FBMPX vs. FSHCX - Expense Ratio Comparison

FBMPX has a 0.64% expense ratio, which is lower than FSHCX's 0.71% expense ratio.


Dividends

FBMPX vs. FSHCX - Dividend Comparison

FBMPX's dividend yield for the trailing twelve months is around 13.02%, more than FSHCX's 0.65% yield.


PositionTTM20252024202320222021202020192018201720162015
FBMPX
Fidelity Select Communication Services Portfolio
13.02%8.09%7.05%0.00%0.00%5.88%3.74%35.43%15.29%5.53%7.50%7.29%
FSHCX
Fidelity Select Health Care Services Portfolio
0.65%0.75%16.63%0.57%5.32%7.09%0.76%0.27%12.92%13.41%4.62%4.06%

Frequently Asked Questions


FBMPX and FSHCX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FBMPX has higher volatility (6.85%) compared to FSHCX (6.23%). In terms of maximum drawdown, FBMPX dropped -61.77% vs FSHCX's -57.81%.

FSHCX currently has the higher Sharpe Ratio (1.75 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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