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.
Performance
FCFAX vs. FSMEX - Performance Comparison
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FCFAX vs. FSMEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCFAX Frost Credit Fund | -0.70% | 5.21% | 8.01% | 11.23% | -7.83% | 5.07% | 6.22% | 6.95% | 0.89% | 7.95% |
FSMEX Fidelity Select Medical Technology and Devices Portfolio | -17.58% | 8.13% | 18.37% | 0.62% | -24.84% | 24.56% | 30.18% | 29.58% | 15.98% | 26.66% |
Returns By Period
In the year-to-date period, FCFAX achieves a -0.70% return, which is significantly higher than FSMEX's -17.58% return. Over the past 10 years, FCFAX has underperformed FSMEX with an annualized return of 5.24%, while FSMEX has yielded a comparatively higher 10.46% annualized return.
FCFAX
- 1D
- -0.22%
- 1M
- -2.03%
- YTD
- -0.70%
- 6M
- -0.55%
- 1Y
- 3.04%
- 3Y*
- 6.94%
- 5Y*
- 3.69%
- 10Y*
- 5.24%
FSMEX
- 1D
- -0.58%
- 1M
- -11.19%
- YTD
- -17.58%
- 6M
- -11.01%
- 1Y
- -8.83%
- 3Y*
- 0.36%
- 5Y*
- -0.71%
- 10Y*
- 10.46%
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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.
Return for Risk
FCFAX vs. FSMEX — Risk / Return Rank
FCFAX
FSMEX
FCFAX vs. FSMEX - Risk-Adjusted Trends 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.
| FCFAX | FSMEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | -0.41 | +1.61 |
Sortino ratioReturn per unit of downside risk | 1.69 | -0.46 | +2.15 |
Omega ratioGain probability vs. loss probability | 1.24 | 0.94 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | -0.48 | +1.89 |
Martin ratioReturn relative to average drawdown | 5.32 | -1.55 | +6.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCFAX | FSMEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | -0.41 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.36 | -0.03 | +1.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.62 | 0.51 | +1.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.41 | 0.65 | +0.77 |
Correlation
The correlation between FCFAX and FSMEX is 0.18, 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.
Dividends
FCFAX vs. FSMEX - Dividend Comparison
FCFAX's dividend yield for the trailing twelve months is around 5.61%, less than FSMEX's 12.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFAX Frost Credit Fund | 5.61% | 6.10% | 5.76% | 5.93% | 5.00% | 3.65% | 3.69% | 4.62% | 5.05% | 5.85% | 4.84% | 4.95% |
FSMEX Fidelity Select Medical Technology and Devices Portfolio | 12.78% | 10.53% | 17.04% | 0.00% | 1.80% | 8.12% | 6.65% | 1.77% | 7.47% | 6.26% | 5.84% | 16.35% |
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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Drawdown Indicators
| FCFAX | FSMEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.33% | -40.34% | +24.01% |
Max Drawdown (1Y)Largest decline over 1 year | -2.34% | -21.04% | +18.70% |
Max Drawdown (5Y)Largest decline over 5 years | -10.49% | -40.34% | +29.85% |
Max Drawdown (10Y)Largest decline over 10 years | -16.33% | -40.34% | +24.01% |
Current DrawdownCurrent decline from peak | -2.03% | -22.82% | +20.79% |
Average DrawdownAverage peak-to-trough decline | -1.54% | -7.66% | +6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | 6.50% | -5.88% |
Volatility
FCFAX vs. FSMEX - Volatility Comparison
The current volatility for Frost Credit Fund (FCFAX) is 1.02%, while Fidelity Select Medical Technology and Devices Portfolio (FSMEX) has a volatility of 5.85%. 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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Volatility by Period
| FCFAX | FSMEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 5.85% | -4.83% |
Volatility (6M)Calculated over the trailing 6-month period | 1.55% | 12.32% | -10.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.63% | 21.03% | -18.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.73% | 20.75% | -18.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.24% | 20.59% | -17.35% |