FBSOX vs. SMH
Compare and contrast key facts about Fidelity Select IT Services Portfolio (FBSOX) and VanEck Vectors Semiconductor ETF (SMH).
FBSOX is managed by Fidelity. It was launched on Feb 4, 1998. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBSOX or SMH.
Performance
FBSOX vs. SMH - Performance Comparison
Returns By Period
In the year-to-date period, FBSOX achieves a 7.50% return, which is significantly lower than SMH's 37.22% return. Over the past 10 years, FBSOX has underperformed SMH with an annualized return of 6.21%, while SMH has yielded a comparatively higher 28.12% annualized return.
FBSOX
7.50%
2.49%
14.10%
12.20%
-2.23%
6.21%
SMH
37.22%
-2.98%
4.21%
49.18%
32.05%
28.12%
Key characteristics
| FBSOX | SMH | |
|---|---|---|
| Sharpe Ratio | 0.79 | 1.44 |
| Sortino Ratio | 1.09 | 1.95 |
| Omega Ratio | 1.16 | 1.26 |
| Calmar Ratio | 0.27 | 2.00 |
| Martin Ratio | 1.30 | 5.45 |
| Ulcer Index | 9.63% | 9.13% |
| Daily Std Dev | 15.96% | 34.45% |
| Max Drawdown | -54.04% | -95.73% |
| Current Drawdown | -35.79% | -14.69% |
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FBSOX vs. SMH - Expense Ratio Comparison
FBSOX has a 0.70% expense ratio, which is higher than SMH's 0.35% expense ratio.
Correlation
The correlation between FBSOX and SMH is 0.67, 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.
Risk-Adjusted Performance
FBSOX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select IT Services Portfolio (FBSOX) and VanEck Vectors Semiconductor ETF (SMH). 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
FBSOX vs. SMH - Dividend Comparison
FBSOX's dividend yield for the trailing twelve months is around 0.01%, less than SMH's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SMH VanEck Vectors Semiconductor ETF | 0.43% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
FBSOX vs. SMH - Drawdown Comparison
The maximum FBSOX drawdown since its inception was -54.04%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for FBSOX and SMH. For additional features, visit the drawdowns tool.
Volatility
FBSOX vs. SMH - Volatility Comparison
The current volatility for Fidelity Select IT Services Portfolio (FBSOX) is 4.78%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 8.20%. This indicates that FBSOX experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.