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

Correlation

The correlation between FBSOX and FSELX is 0.69, 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.


-0.50.00.51.00.7

Performance

FBSOX vs. FSELX - Performance Comparison

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

800.00%1,000.00%1,200.00%1,400.00%1,600.00%1,800.00%JulyAugustSeptemberOctoberNovemberDecember
986.44%
1,693.00%
FBSOX
FSELX

Key characteristics

Sharpe Ratio

FBSOX:

0.29

FSELX:

0.95

Sortino Ratio

FBSOX:

0.48

FSELX:

1.44

Omega Ratio

FBSOX:

1.07

FSELX:

1.18

Calmar Ratio

FBSOX:

0.10

FSELX:

1.42

Martin Ratio

FBSOX:

0.49

FSELX:

3.89

Ulcer Index

FBSOX:

9.63%

FSELX:

8.87%

Daily Std Dev

FBSOX:

16.32%

FSELX:

36.44%

Max Drawdown

FBSOX:

-54.04%

FSELX:

-81.70%

Current Drawdown

FBSOX:

-35.67%

FSELX:

-8.32%

Returns By Period

In the year-to-date period, FBSOX achieves a 7.71% return, which is significantly lower than FSELX's 43.09% return. Over the past 10 years, FBSOX has underperformed FSELX with an annualized return of 6.58%, while FSELX has yielded a comparatively higher 17.54% annualized return.


FBSOX

YTD

7.71%

1M

-0.47%

6M

20.00%

1Y

4.05%

5Y*

-2.30%

10Y*

6.58%

FSELX

YTD

43.09%

1M

3.00%

6M

-6.92%

1Y

34.31%

5Y*

22.91%

10Y*

17.54%

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FBSOX vs. FSELX - Expense Ratio Comparison

FBSOX has a 0.70% expense ratio, which is higher than FSELX's 0.68% expense ratio.


FBSOX
Fidelity Select IT Services Portfolio
Expense ratio chart for FBSOX: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
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%

Risk-Adjusted Performance

FBSOX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select IT Services Portfolio (FBSOX) 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 FBSOX, currently valued at 0.29, compared to the broader market-1.000.001.002.003.004.000.290.95
The chart of Sortino ratio for FBSOX, currently valued at 0.48, compared to the broader market-2.000.002.004.006.008.0010.000.481.44
The chart of Omega ratio for FBSOX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.003.501.071.18
The chart of Calmar ratio for FBSOX, currently valued at 0.10, compared to the broader market0.005.0010.0015.000.101.42
The chart of Martin ratio for FBSOX, currently valued at 0.49, compared to the broader market0.0020.0040.0060.000.493.89
FBSOX
FSELX

The current FBSOX Sharpe Ratio is 0.29, which is lower than the FSELX Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of FBSOX 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 Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.29
0.95
FBSOX
FSELX

Dividends

FBSOX vs. FSELX - Dividend Comparison

FBSOX's dividend yield for the trailing twelve months is around 0.01%, less than FSELX's 0.07% yield.


TTM20232022202120202019201820172016201520142013
FBSOX
Fidelity Select IT Services Portfolio
0.01%0.01%0.02%0.00%0.01%0.04%0.06%0.04%0.32%2.98%0.44%2.84%
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

FBSOX vs. FSELX - Drawdown Comparison

The maximum FBSOX drawdown since its inception was -54.04%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FBSOX and FSELX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-35.67%
-8.32%
FBSOX
FSELX

Volatility

FBSOX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select IT Services Portfolio (FBSOX) is 4.67%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 8.13%. This indicates that FBSOX 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%JulyAugustSeptemberOctoberNovemberDecember
4.67%
8.13%
FBSOX
FSELX
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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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