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

Correlation

The correlation between FBMPX and XLK is 0.74, 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.


-0.50.00.51.00.7

Performance

FBMPX vs. XLK - Performance Comparison

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

400.00%500.00%600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
445.73%
865.04%
FBMPX
XLK

Key characteristics

Sharpe Ratio

FBMPX:

1.63

XLK:

0.98

Sortino Ratio

FBMPX:

2.15

XLK:

1.40

Omega Ratio

FBMPX:

1.29

XLK:

1.19

Calmar Ratio

FBMPX:

1.87

XLK:

1.28

Martin Ratio

FBMPX:

8.84

XLK:

4.39

Ulcer Index

FBMPX:

3.44%

XLK:

4.94%

Daily Std Dev

FBMPX:

18.67%

XLK:

22.10%

Max Drawdown

FBMPX:

-61.51%

XLK:

-82.05%

Current Drawdown

FBMPX:

-6.41%

XLK:

-3.81%

Returns By Period

In the year-to-date period, FBMPX achieves a 27.85% return, which is significantly higher than XLK's 21.29% return. Over the past 10 years, FBMPX has underperformed XLK with an annualized return of 3.86%, while XLK has yielded a comparatively higher 20.28% annualized return.


FBMPX

YTD

27.85%

1M

1.77%

6M

11.91%

1Y

28.99%

5Y*

11.73%

10Y*

3.86%

XLK

YTD

21.29%

1M

1.22%

6M

0.72%

1Y

21.22%

5Y*

21.76%

10Y*

20.28%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FBMPX vs. XLK - Expense Ratio Comparison

FBMPX has a 0.74% expense ratio, which is higher than XLK's 0.13% 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 XLK: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

FBMPX vs. XLK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Communication Services Portfolio (FBMPX) and Technology Select Sector SPDR Fund (XLK). 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 1.63, compared to the broader market-1.000.001.002.003.004.001.630.98
The chart of Sortino ratio for FBMPX, currently valued at 2.15, compared to the broader market-2.000.002.004.006.008.0010.002.151.40
The chart of Omega ratio for FBMPX, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.003.501.291.19
The chart of Calmar ratio for FBMPX, currently valued at 1.87, compared to the broader market0.005.0010.0015.001.871.28
The chart of Martin ratio for FBMPX, currently valued at 8.84, compared to the broader market0.0020.0040.0060.008.844.39
FBMPX
XLK

The current FBMPX Sharpe Ratio is 1.63, which is higher than the XLK Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FBMPX and XLK, 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 Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.63
0.98
FBMPX
XLK

Dividends

FBMPX vs. XLK - Dividend Comparison

FBMPX has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.49%.


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%
XLK
Technology Select Sector SPDR Fund
0.49%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%1.70%

Drawdowns

FBMPX vs. XLK - Drawdown Comparison

The maximum FBMPX drawdown since its inception was -61.51%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for FBMPX and XLK. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.41%
-3.81%
FBMPX
XLK

Volatility

FBMPX vs. XLK - Volatility Comparison

Fidelity Select Communication Services Portfolio (FBMPX) has a higher volatility of 6.84% compared to Technology Select Sector SPDR Fund (XLK) at 5.26%. This indicates that FBMPX's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.84%
5.26%
FBMPX
XLK
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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