Correlation
The correlation between FBSOX and VOO is 0.85, 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.
FBSOX vs. VOO
Compare and contrast key facts about Fidelity Select IT Services Portfolio (FBSOX) and Vanguard S&P 500 ETF (VOO).
FBSOX is managed by Fidelity. It was launched on Feb 4, 1998. 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: FBSOX or VOO.
Performance
FBSOX vs. VOO - Performance Comparison
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Key characteristics
FBSOX:
1.15
VOO:
0.68
FBSOX:
1.52
VOO:
1.06
FBSOX:
1.22
VOO:
1.15
FBSOX:
0.80
VOO:
0.70
FBSOX:
3.83
VOO:
2.65
FBSOX:
5.48%
VOO:
4.92%
FBSOX:
20.07%
VOO:
19.58%
FBSOX:
-49.59%
VOO:
-33.99%
FBSOX:
-6.37%
VOO:
-3.27%
Returns By Period
In the year-to-date period, FBSOX achieves a 4.44% return, which is significantly higher than VOO's 1.19% return. Over the past 10 years, FBSOX has underperformed VOO with an annualized return of 11.70%, while VOO has yielded a comparatively higher 12.85% annualized return.
FBSOX
4.44%
8.07%
1.41%
22.78%
11.50%
6.55%
11.70%
VOO
1.19%
7.36%
-0.97%
13.13%
14.21%
16.06%
12.85%
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FBSOX vs. VOO - Expense Ratio Comparison
FBSOX has a 0.70% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FBSOX vs. VOO — Risk-Adjusted Performance Rank
FBSOX
VOO
FBSOX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select IT Services Portfolio (FBSOX) 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
FBSOX vs. VOO - Dividend Comparison
FBSOX's dividend yield for the trailing twelve months is around 25.44%, more than VOO's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBSOX Fidelity Select IT Services Portfolio | 25.44% | 18.34% | 3.81% | 14.40% | 15.64% | 5.27% | 2.30% | 4.97% | 3.10% | 0.32% | 3.87% | 8.20% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FBSOX vs. VOO - Drawdown Comparison
The maximum FBSOX drawdown since its inception was -49.59%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FBSOX and VOO.
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Volatility
FBSOX vs. VOO - Volatility Comparison
The current volatility for Fidelity Select IT Services Portfolio (FBSOX) is 4.42%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.76%. This indicates that FBSOX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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