Correlation
The correlation between FCFAX and FSMEX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
FCFAX vs. FSMEX
Compare and contrast key facts about Frost Credit Fund (FCFAX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX).
FCFAX is managed by Frost Funds. It was launched on Dec 3, 2012. FSMEX is managed by Fidelity. It was launched on Apr 28, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCFAX or FSMEX.
Performance
FCFAX vs. FSMEX - Performance Comparison
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Key characteristics
FCFAX:
1.99
FSMEX:
0.24
FCFAX:
2.95
FSMEX:
0.36
FCFAX:
1.41
FSMEX:
1.05
FCFAX:
2.04
FSMEX:
0.11
FCFAX:
7.72
FSMEX:
0.53
FCFAX:
0.74%
FSMEX:
5.79%
FCFAX:
2.87%
FSMEX:
19.72%
FCFAX:
-16.33%
FSMEX:
-40.34%
FCFAX:
-0.81%
FSMEX:
-20.97%
Returns By Period
In the year-to-date period, FCFAX achieves a 1.17% return, which is significantly higher than FSMEX's -1.63% return. Over the past 10 years, FCFAX has underperformed FSMEX with an annualized return of 4.37%, while FSMEX has yielded a comparatively higher 10.22% annualized return.
FCFAX
1.17%
0.54%
0.78%
5.56%
6.12%
5.73%
4.37%
FSMEX
-1.63%
1.87%
-5.18%
4.61%
3.36%
5.13%
10.22%
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FCFAX vs. FSMEX - Expense Ratio Comparison
FCFAX has a 0.96% expense ratio, which is higher than FSMEX's 0.68% expense ratio.
Risk-Adjusted Performance
FCFAX vs. FSMEX — Risk-Adjusted Performance Rank
FCFAX
FSMEX
FCFAX vs. FSMEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Frost Credit Fund (FCFAX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX). 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
FCFAX vs. FSMEX - Dividend Comparison
FCFAX's dividend yield for the trailing twelve months is around 5.39%, less than FSMEX's 10.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFAX Frost Credit Fund | 5.39% | 5.79% | 5.95% | 4.99% | 3.66% | 3.70% | 4.63% | 5.05% | 5.88% | 4.85% | 4.96% | 5.26% |
FSMEX Fidelity Select Medical Technology and Devices Portfolio | 10.64% | 9.58% | 0.00% | 1.80% | 8.12% | 6.65% | 1.77% | 7.47% | 6.26% | 5.84% | 16.35% | 15.54% |
Drawdowns
FCFAX vs. FSMEX - Drawdown Comparison
The maximum FCFAX drawdown since its inception was -16.33%, smaller than the maximum FSMEX drawdown of -40.34%. Use the drawdown chart below to compare losses from any high point for FCFAX and FSMEX.
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Volatility
FCFAX vs. FSMEX - Volatility Comparison
The current volatility for Frost Credit Fund (FCFAX) is 0.88%, while Fidelity Select Medical Technology and Devices Portfolio (FSMEX) has a volatility of 5.55%. This indicates that FCFAX experiences smaller price fluctuations and is considered to be less risky than FSMEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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