Correlation
The correlation between FCYIX and FMDGX is 0.83, 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.
FCYIX vs. FMDGX
Compare and contrast key facts about Fidelity Select Industrials Portfolio (FCYIX) and Fidelity Mid Cap Growth Index Fund (FMDGX).
FCYIX is an actively managed fund by Fidelity Investments. It was launched on Jul 7, 1999. FMDGX is managed by Fidelity. It was launched on Jul 11, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCYIX or FMDGX.
Performance
FCYIX vs. FMDGX - Performance Comparison
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Key characteristics
FCYIX:
0.90
FMDGX:
0.84
FCYIX:
1.20
FMDGX:
1.29
FCYIX:
1.17
FMDGX:
1.18
FCYIX:
0.91
FMDGX:
0.83
FCYIX:
3.09
FMDGX:
2.75
FCYIX:
6.29%
FMDGX:
7.65%
FCYIX:
25.05%
FMDGX:
25.30%
FCYIX:
-60.56%
FMDGX:
-38.85%
FCYIX:
-0.84%
FMDGX:
-4.97%
Returns By Period
In the year-to-date period, FCYIX achieves a 11.11% return, which is significantly higher than FMDGX's 4.74% return.
FCYIX
11.11%
12.20%
1.93%
22.45%
21.17%
18.09%
11.08%
FMDGX
4.74%
9.13%
-1.55%
22.18%
15.82%
10.77%
N/A
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FCYIX vs. FMDGX - Expense Ratio Comparison
FCYIX has a 0.69% expense ratio, which is higher than FMDGX's 0.05% expense ratio.
Risk-Adjusted Performance
FCYIX vs. FMDGX — Risk-Adjusted Performance Rank
FCYIX
FMDGX
FCYIX vs. FMDGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Industrials Portfolio (FCYIX) and Fidelity Mid Cap Growth Index Fund (FMDGX). 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
FCYIX vs. FMDGX - Dividend Comparison
FCYIX's dividend yield for the trailing twelve months is around 4.16%, more than FMDGX's 0.44% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FCYIX Fidelity Select Industrials Portfolio | 4.16% | 4.30% | 5.86% | 3.94% | 27.55% | 2.89% | 4.16% | 9.54% | 5.22% | 4.32% | 6.61% | 11.50% |
FMDGX Fidelity Mid Cap Growth Index Fund | 0.44% | 0.47% | 0.63% | 0.81% | 6.43% | 0.36% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCYIX vs. FMDGX - Drawdown Comparison
The maximum FCYIX drawdown since its inception was -60.56%, which is greater than FMDGX's maximum drawdown of -38.85%. Use the drawdown chart below to compare losses from any high point for FCYIX and FMDGX.
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Volatility
FCYIX vs. FMDGX - Volatility Comparison
The current volatility for Fidelity Select Industrials Portfolio (FCYIX) is 5.07%, while Fidelity Mid Cap Growth Index Fund (FMDGX) has a volatility of 6.80%. This indicates that FCYIX experiences smaller price fluctuations and is considered to be less risky than FMDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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