Correlation
The correlation between FBMPX and VOO is 0.82, 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.
FBMPX vs. VOO
Compare and contrast key facts about Fidelity Select Communication Services Portfolio (FBMPX) and Vanguard S&P 500 ETF (VOO).
FBMPX is managed by Fidelity. It was launched on Jun 29, 1986. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBMPX or VOO.
Performance
FBMPX vs. VOO - Performance Comparison
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Key characteristics
FBMPX:
0.93
VOO:
0.74
FBMPX:
1.31
VOO:
1.04
FBMPX:
1.18
VOO:
1.15
FBMPX:
0.87
VOO:
0.68
FBMPX:
2.68
VOO:
2.58
FBMPX:
7.51%
VOO:
4.93%
FBMPX:
23.26%
VOO:
19.54%
FBMPX:
-61.51%
VOO:
-33.99%
FBMPX:
-5.60%
VOO:
-3.55%
Returns By Period
In the year-to-date period, FBMPX achieves a 4.67% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, FBMPX has underperformed VOO with an annualized return of 12.01%, while VOO has yielded a comparatively higher 12.81% annualized return.
FBMPX
4.67%
10.51%
6.19%
21.54%
21.79%
15.22%
12.01%
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
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FBMPX vs. VOO - Expense Ratio Comparison
FBMPX has a 0.74% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FBMPX vs. VOO — Risk-Adjusted Performance Rank
FBMPX
VOO
FBMPX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Communication Services Portfolio (FBMPX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
FBMPX vs. VOO - Dividend Comparison
FBMPX's dividend yield for the trailing twelve months is around 3.70%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBMPX Fidelity Select Communication Services Portfolio | 3.70% | 4.69% | 0.00% | 0.00% | 5.88% | 3.74% | 35.43% | 15.35% | 5.53% | 7.50% | 7.29% | 8.83% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FBMPX vs. VOO - Drawdown Comparison
The maximum FBMPX drawdown since its inception was -61.51%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FBMPX and VOO.
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Volatility
FBMPX vs. VOO - Volatility Comparison
Fidelity Select Communication Services Portfolio (FBMPX) has a higher volatility of 5.33% compared to Vanguard S&P 500 ETF (VOO) at 4.84%. This indicates that FBMPX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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