FCGLX vs. FSELX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX) and Fidelity Select Semiconductors Portfolio (FSELX).

FCGLX is managed by Fidelity. It was launched on Jun 6, 2017. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.

Performance

FCGLX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

FCGLX vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCGLX Fidelity Advisor Freedom 2045 Fund Class Z6	-3.73%	23.32%	13.97%	19.59%	-17.89%	16.33%	17.80%	26.90%	-7.96%	9.42%
FSELX Fidelity Select Semiconductors Portfolio	0.00%	52.17%	49.68%	78.49%	-35.27%	59.16%	44.33%	64.50%	-12.01%	18.72%

Returns By Period

FCGLX

• 1D: -0.27%
• 1M: -9.06%
• YTD: -3.73%
• 6M: -0.55%
• 1Y: 18.02%
• 3Y*: 14.99%
• 5Y*: 7.98%
• 10Y*: —

FSELX

• 1D: -4.27%
• 1M: -9.75%
• YTD: 0.00%
• 6M: 7.40%
• 1Y: 85.27%
• 3Y*: 43.05%
• 5Y*: 30.67%
• 10Y*: 31.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FCGLX vs. FSELX - Expense Ratio Comparison

FCGLX has a 0.50% expense ratio, which is lower than FSELX's 0.68% expense ratio.

FSELX

Fidelity Select Semiconductors Portfolio

FCGLX

Fidelity Advisor Freedom 2045 Fund Class Z6

Return for Risk

FCGLX vs. FSELX — Risk / Return Rank

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

FCGLX

FCGLX Risk / Return Rank: 63
FCGLX Sharpe Ratio Rank: 64
FCGLX Sortino Ratio Rank: 65
FCGLX Omega Ratio Rank: 65
FCGLX Calmar Ratio Rank: 58
FCGLX Martin Ratio Rank: 65

FSELX

FSELX Risk / Return Rank: 94
FSELX Sharpe Ratio Rank: 93
FSELX Sortino Ratio Rank: 92
FSELX Omega Ratio Rank: 89
FSELX Calmar Ratio Rank: 98
FSELX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCGLX vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.

	FCGLX	FSELX	Difference
Sharpe ratio Return per unit of total volatility	1.14	2.07	-0.93
Sortino ratio Return per unit of downside risk	1.65	2.72	-1.07
Omega ratio Gain probability vs. loss probability	1.25	1.38	-0.13
Calmar ratio Return relative to maximum drawdown	1.37	4.58	-3.21
Martin ratio Return relative to average drawdown	6.17	18.71	-12.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCGLX vs. FSELX - Sharpe Ratio Comparison

The current FCGLX Sharpe Ratio is 1.14, which is lower than the FSELX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FCGLX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FCGLX	FSELX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	2.07	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.80	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.49	+0.14

Correlation

The correlation between FCGLX and FSELX is 0.77, 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.

Dividends

FCGLX vs. FSELX - Dividend Comparison

FCGLX's dividend yield for the trailing twelve months is around 6.78%, less than FSELX's 11.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCGLX Fidelity Advisor Freedom 2045 Fund Class Z6	6.78%	6.53%	1.92%	1.75%	11.04%	9.87%	5.57%	7.30%	12.13%	3.56%	0.00%	0.00%
FSELX Fidelity Select Semiconductors Portfolio	11.11%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%

Drawdowns

FCGLX vs. FSELX - Drawdown Comparison

The maximum FCGLX drawdown since its inception was -31.21%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for FCGLX and FSELX.

Drawdown Indicators

	FCGLX	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-31.21%	-82.54%	+51.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.07%	-17.23%	+6.16%
Max Drawdown (5Y) Largest decline over 5 years	-27.13%	-46.37%	+19.24%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-9.61%	-14.38%	+4.77%
Average Drawdown Average peak-to-trough decline	-5.54%	-28.82%	+23.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	4.21%	-1.64%

Volatility

FCGLX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX) is 5.52%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 10.47%. This indicates that FCGLX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCGLX	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	10.47%	-4.95%
Volatility (6M) Calculated over the trailing 6-month period	9.36%	24.91%	-15.55%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	40.89%	-25.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.79%	38.58%	-23.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.02%	34.71%	-18.69%