FBMPX vs. XLK
Compare and contrast key facts about Fidelity Select Communication Services Portfolio (FBMPX) and Technology Select Sector SPDR Fund (XLK).
FBMPX is managed by Fidelity. It was launched on Jun 29, 1986. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBMPX or XLK.
Performance
FBMPX vs. XLK - Performance Comparison
Returns By Period
In the year-to-date period, FBMPX achieves a 27.27% return, which is significantly higher than XLK's 20.71% return. Over the past 10 years, FBMPX has underperformed XLK with an annualized return of 3.47%, while XLK has yielded a comparatively higher 20.26% annualized return.
FBMPX
27.27%
4.43%
12.98%
33.43%
11.20%
3.47%
XLK
20.71%
-0.37%
7.81%
26.58%
22.92%
20.26%
Key characteristics
| FBMPX | XLK | |
|---|---|---|
| Sharpe Ratio | 1.84 | 1.18 |
| Sortino Ratio | 2.44 | 1.64 |
| Omega Ratio | 1.33 | 1.22 |
| Calmar Ratio | 1.65 | 1.51 |
| Martin Ratio | 9.63 | 5.19 |
| Ulcer Index | 3.40% | 4.92% |
| Daily Std Dev | 17.82% | 21.69% |
| Max Drawdown | -61.51% | -82.05% |
| Current Drawdown | -1.45% | -2.65% |
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FBMPX vs. XLK - Expense Ratio Comparison
FBMPX has a 0.74% expense ratio, which is higher than XLK's 0.13% expense ratio.
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.
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.
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 0.67%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.67% | 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.
Volatility
FBMPX vs. XLK - Volatility Comparison
The current volatility for Fidelity Select Communication Services Portfolio (FBMPX) is 4.99%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.36%. This indicates that FBMPX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.