FCYIX vs. GWPAX

Last updated Jun 4, 2026

FCYIX (Fidelity Select Industrials Portfolio) and GWPAX (American Funds Growth Portfolio Class A) are both mutual funds - FCYIX is a Industrials Equities fund actively managed by Fidelity, while GWPAX is a Diversified Portfolio fund managed by American Funds. Over the past 10 years, FCYIX returned 11.97%/yr vs 13.36%/yr for GWPAX. A 0.80 correlation means they provide meaningful diversification when combined. FCYIX charges 0.69%/yr vs 0.73%/yr for GWPAX.

Performance

FCYIX vs. GWPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Industrials Portfolio (FCYIX) and American Funds Growth Portfolio Class A (GWPAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

Over the past 10 years, FCYIX has underperformed GWPAX with an annualized return of 11.97%, while GWPAX has yielded a comparatively higher 13.36% annualized return.

FCYIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 7.36%
• 3Y*: 21.24%
• 5Y*: 12.03%
• 10Y*: 11.97%

GWPAX

• 1D: 0.00%
• 1M: 5.60%
• YTD: 11.30%
• 6M: 11.76%
• 1Y: 28.12%
• 3Y*: 22.16%
• 5Y*: 10.65%
• 10Y*: 13.36%

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

FCYIX vs. GWPAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCYIX Fidelity Select Industrials Portfolio	0.00%	20.95%	23.32%	23.21%	-10.47%	16.94%	11.91%	28.02%	-15.34%	19.87%
GWPAX American Funds Growth Portfolio Class A	11.30%	20.47%	20.17%	28.76%	-26.97%	18.59%	25.34%	27.19%	-6.59%	25.12%

Correlation

The correlation between FCYIX and GWPAX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.80

Over the past year, the correlation between FCYIX and GWPAX has dropped to 0.40 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

Return for Risk

FCYIX vs. GWPAX — Risk / Return Rank

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

FCYIX

FCYIX Risk / Return Rank: 24
FCYIX Sharpe Ratio Rank: 15
FCYIX Sortino Ratio Rank: 17
FCYIX Omega Ratio Rank: 32
FCYIX Calmar Ratio Rank: 39
FCYIX Martin Ratio Rank: 15

GWPAX

GWPAX Risk / Return Rank: 46
GWPAX Sharpe Ratio Rank: 47
GWPAX Sortino Ratio Rank: 44
GWPAX Omega Ratio Rank: 46
GWPAX Calmar Ratio Rank: 42
GWPAX Martin Ratio Rank: 53

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.

FCYIX vs. GWPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Industrials Portfolio (FCYIX) and American Funds Growth Portfolio Class A (GWPAX). 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.

	FCYIX	GWPAX	Difference
Sharpe ratio: Return per unit of total volatility	1.08	2.03	-0.95
Sortino ratio: Return per unit of downside risk	1.73	2.79	-1.06
Omega ratio: Gain probability vs. loss probability	1.30	1.37	-0.07
Calmar ratio: Return relative to maximum drawdown	2.37	2.45	-0.07
Martin ratio: Return relative to average drawdown	4.24	10.81	-6.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCYIX vs. GWPAX - Sharpe Ratio Comparison

The current FCYIX Sharpe Ratio is 1.08, which is lower than the GWPAX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of FCYIX and GWPAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FCYIX	GWPAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	2.03	-0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.59	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.74	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.75	-0.26

Drawdowns

FCYIX vs. GWPAX - Drawdown Comparison

The maximum FCYIX drawdown since its inception was -60.67%, which is greater than GWPAX's maximum drawdown of -34.15%. Use the drawdown chart below to compare losses from any high point for FCYIX and GWPAX.

Drawdown Indicators

	FCYIX	GWPAX	Difference
Max Drawdown Largest peak-to-trough decline	-60.67%	-34.15%	-26.52%
Max Drawdown (1Y) Largest decline over 1 year	-4.22%	-11.78%	+7.56%
Max Drawdown (3Y) Largest decline over 3 years	-21.40%	-19.42%	-1.98%
Max Drawdown (5Y) Largest decline over 5 years	-26.27%	-34.15%	+7.88%
Max Drawdown (10Y) Largest decline over 10 years	-42.58%	-34.15%	-8.43%
Current Drawdown Current decline from peak	-2.60%	0.00%	-2.60%
Average Drawdown Average peak-to-trough decline	-8.11%	-5.72%	-2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	2.66%	-0.44%

Volatility

FCYIX vs. GWPAX - Volatility Comparison

The current volatility for Fidelity Select Industrials Portfolio (FCYIX) is 0.00%, while American Funds Growth Portfolio Class A (GWPAX) has a volatility of 3.81%. This indicates that FCYIX experiences smaller price fluctuations and is considered to be less risky than GWPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCYIX	GWPAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	3.81%	-3.81%
Volatility (6M) Calculated over the trailing 6-month period	1.92%	11.24%	-9.32%
Volatility (1Y) Calculated over the trailing 1-year period	9.27%	14.25%	-4.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.49%	18.24%	+1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.85%	18.02%	+2.83%

FCYIX vs. GWPAX - Expense Ratio Comparison

FCYIX has a 0.69% expense ratio, which is lower than GWPAX's 0.73% expense ratio.

Dividends

FCYIX vs. GWPAX - Dividend Comparison

FCYIX's dividend yield for the trailing twelve months is around 1.58%, less than GWPAX's 5.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCYIX Fidelity Select Industrials Portfolio	1.58%	2.26%	4.30%	5.86%	3.94%	27.55%	2.89%	4.16%	9.54%	5.06%	4.32%	6.61%
GWPAX American Funds Growth Portfolio Class A	5.17%	5.75%	5.83%	1.61%	9.94%	3.42%	3.42%	5.77%	6.19%	3.39%	4.36%	4.84%

Frequently Asked Questions

Can I hold both FCYIX and GWPAX in my portfolio?

FCYIX and GWPAX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCYIX or GWPAX?

GWPAX has higher volatility (3.81%) compared to FCYIX (0.00%). In terms of maximum drawdown, FCYIX dropped -60.67% vs GWPAX's -34.15%.

Which has better risk-adjusted returns?

GWPAX currently has the higher Sharpe Ratio (2.02 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.