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FCBFX vs. FSCSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCBFX and FSCSX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

FCBFX vs. FSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Corporate Bond Fund (FCBFX) and Fidelity Select Software & IT Services Portfolio (FSCSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FCBFX:

0.88

FSCSX:

-0.05

Sortino Ratio

FCBFX:

1.39

FSCSX:

0.07

Omega Ratio

FCBFX:

1.16

FSCSX:

1.01

Calmar Ratio

FCBFX:

0.44

FSCSX:

-0.06

Martin Ratio

FCBFX:

2.70

FSCSX:

-0.16

Ulcer Index

FCBFX:

2.04%

FSCSX:

12.21%

Daily Std Dev

FCBFX:

5.86%

FSCSX:

26.14%

Max Drawdown

FCBFX:

-23.12%

FSCSX:

-58.41%

Current Drawdown

FCBFX:

-7.35%

FSCSX:

-20.70%

Returns By Period

In the year-to-date period, FCBFX achieves a 1.37% return, which is significantly higher than FSCSX's -3.76% return. Over the past 10 years, FCBFX has underperformed FSCSX with an annualized return of 2.48%, while FSCSX has yielded a comparatively higher 8.71% annualized return.


FCBFX

YTD

1.37%

1M

1.71%

6M

0.13%

1Y

5.51%

5Y*

0.37%

10Y*

2.48%

FSCSX

YTD

-3.76%

1M

13.88%

6M

-10.57%

1Y

-1.50%

5Y*

4.72%

10Y*

8.71%

*Annualized

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FCBFX vs. FSCSX - Expense Ratio Comparison

FCBFX has a 0.44% expense ratio, which is lower than FSCSX's 0.67% expense ratio.


Risk-Adjusted Performance

FCBFX vs. FSCSX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCBFX
The Risk-Adjusted Performance Rank of FCBFX is 7373
Overall Rank
The Sharpe Ratio Rank of FCBFX is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of FCBFX is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FCBFX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FCBFX is 6060
Calmar Ratio Rank
The Martin Ratio Rank of FCBFX is 7272
Martin Ratio Rank

FSCSX
The Risk-Adjusted Performance Rank of FSCSX is 1919
Overall Rank
The Sharpe Ratio Rank of FSCSX is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of FSCSX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of FSCSX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FSCSX is 1818
Calmar Ratio Rank
The Martin Ratio Rank of FSCSX is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FCBFX vs. FSCSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond Fund (FCBFX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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.


The current FCBFX Sharpe Ratio is 0.88, which is higher than the FSCSX Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of FCBFX and FSCSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FCBFX vs. FSCSX - Dividend Comparison

FCBFX's dividend yield for the trailing twelve months is around 4.05%, more than FSCSX's 1.62% yield.


TTM20242023202220212020201920182017201620152014
FCBFX
Fidelity Corporate Bond Fund
4.05%3.94%3.74%3.37%2.53%2.58%3.29%3.64%3.17%3.26%3.32%3.07%
FSCSX
Fidelity Select Software & IT Services Portfolio
1.62%0.00%0.00%0.00%0.00%0.55%0.23%0.04%0.00%0.03%2.35%10.43%

Drawdowns

FCBFX vs. FSCSX - Drawdown Comparison

The maximum FCBFX drawdown since its inception was -23.12%, smaller than the maximum FSCSX drawdown of -58.41%. Use the drawdown chart below to compare losses from any high point for FCBFX and FSCSX. For additional features, visit the drawdowns tool.


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Volatility

FCBFX vs. FSCSX - Volatility Comparison

The current volatility for Fidelity Corporate Bond Fund (FCBFX) is 1.67%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 8.91%. This indicates that FCBFX experiences smaller price fluctuations and is considered to be less risky than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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