FCYIX vs. VINAX

Last updated Jun 4, 2026

FCYIX (Fidelity Select Industrials Portfolio) and VINAX (Vanguard Industrials Index Fund Admiral Shares) are both Industrials Equities funds. Over the past 10 years, FCYIX returned 11.97%/yr vs 14.08%/yr for VINAX. With a 0.96 correlation, they move nearly in lockstep. FCYIX charges 0.69%/yr vs 0.10%/yr for VINAX.

Performance

FCYIX vs. VINAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Industrials Portfolio (FCYIX) and Vanguard Industrials Index Fund Admiral Shares (VINAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

Over the past 10 years, FCYIX has underperformed VINAX with an annualized return of 11.97%, while VINAX has yielded a comparatively higher 14.08% 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%

VINAX

• 1D: 1.08%
• 1M: 2.61%
• YTD: 14.92%
• 6M: 15.56%
• 1Y: 27.09%
• 3Y*: 22.64%
• 5Y*: 12.75%
• 10Y*: 14.08%

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

FCYIX vs. VINAX - 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%
VINAX Vanguard Industrials Index Fund Admiral Shares	14.92%	18.53%	16.95%	22.38%	-8.51%	20.66%	12.25%	30.16%	-13.93%	21.50%

Correlation

The correlation between FCYIX and VINAX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Sep 30, 2004	0.96

Over the past year, the correlation between FCYIX and VINAX has dropped to 0.47 - well below their long-term average of 0.96, suggesting their price drivers have been diverging.

FCYIX vs. VINAX - Sectors Allocation Comparison

Sectors	FCYIX	VINAX
Industrials	93.6%	89.4%
Technology	4.4%	4.5%
Basic Materials	1.8%	0.1%
Consumer Cyclical	0.3%	1.1%
Communication Services	-	0.0%
Consumer Defensive	-	-
Energy	-	0.1%
Financial Services	-	0.2%
Healthcare	-	0.0%
Real Estate	-	0.0%
Utilities	-	4.3%

Return for Risk

FCYIX vs. VINAX — 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

VINAX

VINAX Risk / Return Rank: 38
VINAX Sharpe Ratio Rank: 36
VINAX Sortino Ratio Rank: 36
VINAX Omega Ratio Rank: 32
VINAX Calmar Ratio Rank: 38
VINAX Martin Ratio Rank: 47

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. VINAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Industrials Portfolio (FCYIX) and Vanguard Industrials Index Fund Admiral Shares (VINAX). 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	VINAX	Difference
Sharpe ratio: Return per unit of total volatility	1.08	1.74	-0.66
Sortino ratio: Return per unit of downside risk	1.73	2.49	-0.76
Omega ratio: Gain probability vs. loss probability	1.30	1.30	0.00
Calmar ratio: Return relative to maximum drawdown	2.37	2.34	+0.03
Martin ratio: Return relative to average drawdown	4.24	9.71	-5.46
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. VINAX - Sharpe Ratio Comparison

The current FCYIX Sharpe Ratio is 1.08, which is lower than the VINAX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of FCYIX and VINAX, 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	VINAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.74	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.70	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.69	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.52	-0.02

Drawdowns

FCYIX vs. VINAX - Drawdown Comparison

The maximum FCYIX drawdown since its inception was -60.67%, roughly equal to the maximum VINAX drawdown of -63.43%. Use the drawdown chart below to compare losses from any high point for FCYIX and VINAX.

Drawdown Indicators

	FCYIX	VINAX	Difference
Max Drawdown Largest peak-to-trough decline	-60.67%	-63.43%	+2.76%
Max Drawdown (1Y) Largest decline over 1 year	-4.22%	-12.25%	+8.03%
Max Drawdown (3Y) Largest decline over 3 years	-21.40%	-20.59%	-0.81%
Max Drawdown (5Y) Largest decline over 5 years	-26.27%	-23.07%	-3.20%
Max Drawdown (10Y) Largest decline over 10 years	-42.58%	-42.45%	-0.13%
Current Drawdown Current decline from peak	-2.60%	-0.94%	-1.66%
Average Drawdown Average peak-to-trough decline	-8.11%	-8.35%	+0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	2.94%	-0.72%

Volatility

FCYIX vs. VINAX - Volatility Comparison

The current volatility for Fidelity Select Industrials Portfolio (FCYIX) is 0.00%, while Vanguard Industrials Index Fund Admiral Shares (VINAX) has a volatility of 5.35%. This indicates that FCYIX experiences smaller price fluctuations and is considered to be less risky than VINAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCYIX	VINAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	5.35%	-5.35%
Volatility (6M) Calculated over the trailing 6-month period	1.92%	13.60%	-11.68%
Volatility (1Y) Calculated over the trailing 1-year period	9.27%	16.48%	-7.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.49%	18.38%	+1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.85%	20.47%	+0.38%

FCYIX vs. VINAX - Expense Ratio Comparison

FCYIX has a 0.69% expense ratio, which is higher than VINAX's 0.10% expense ratio.

Dividends

FCYIX vs. VINAX - Dividend Comparison

FCYIX's dividend yield for the trailing twelve months is around 1.58%, more than VINAX's 0.89% 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%
VINAX Vanguard Industrials Index Fund Admiral Shares	0.89%	1.01%	1.23%	1.36%	1.51%	1.06%	1.39%	1.68%	1.90%	1.60%	1.82%	1.94%

Frequently Asked Questions

Can I hold both FCYIX and VINAX in my portfolio?

FCYIX and VINAX have a correlation of 0.47, 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 VINAX?

VINAX has higher volatility (5.35%) compared to FCYIX (0.00%). In terms of maximum drawdown, FCYIX dropped -60.67% vs VINAX's -63.43%.

Which has better risk-adjusted returns?

VINAX currently has the higher Sharpe Ratio (1.74 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.