FDCPX vs. FFNOX
Compare and contrast key facts about Fidelity Select Tech Hardware Portfolio (FDCPX) and Fidelity Multi-Asset Index Fund (FFNOX).
FDCPX is managed by Fidelity. It was launched on Jul 28, 1985. FFNOX is managed by Fidelity. It was launched on Jun 29, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDCPX or FFNOX.
Performance
FDCPX vs. FFNOX - Performance Comparison
Returns By Period
In the year-to-date period, FDCPX achieves a 17.52% return, which is significantly higher than FFNOX's 12.00% return. Over the past 10 years, FDCPX has underperformed FFNOX with an annualized return of 3.90%, while FFNOX has yielded a comparatively higher 7.68% annualized return.
FDCPX
17.52%
-2.86%
4.80%
24.83%
7.43%
3.90%
FFNOX
12.00%
-1.50%
5.56%
18.05%
7.54%
7.68%
Key characteristics
| FDCPX | FFNOX | |
|---|---|---|
| Sharpe Ratio | 1.43 | 1.75 |
| Sortino Ratio | 2.00 | 2.38 |
| Omega Ratio | 1.26 | 1.32 |
| Calmar Ratio | 0.99 | 1.31 |
| Martin Ratio | 7.33 | 9.41 |
| Ulcer Index | 3.45% | 1.98% |
| Daily Std Dev | 17.70% | 10.65% |
| Max Drawdown | -80.41% | -49.77% |
| Current Drawdown | -6.54% | -2.00% |
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FDCPX vs. FFNOX - Expense Ratio Comparison
FDCPX has a 0.72% expense ratio, which is higher than FFNOX's 0.11% expense ratio.
Correlation
The correlation between FDCPX and FFNOX is 0.80, 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.
Risk-Adjusted Performance
FDCPX vs. FFNOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Tech Hardware Portfolio (FDCPX) and Fidelity Multi-Asset Index Fund (FFNOX). 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.
Dividends
FDCPX vs. FFNOX - Dividend Comparison
FDCPX's dividend yield for the trailing twelve months is around 0.44%, less than FFNOX's 1.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDCPX Fidelity Select Tech Hardware Portfolio | 0.44% | 0.51% | 0.72% | 0.70% | 1.47% | 0.92% | 1.33% | 0.88% | 1.18% | 1.17% | 0.57% | 7.34% |
FFNOX Fidelity Multi-Asset Index Fund | 1.87% | 3.83% | 2.04% | 2.43% | 2.87% | 2.96% | 2.90% | 2.49% | 2.50% | 2.78% | 2.46% | 2.05% |
Drawdowns
FDCPX vs. FFNOX - Drawdown Comparison
The maximum FDCPX drawdown since its inception was -80.41%, which is greater than FFNOX's maximum drawdown of -49.77%. Use the drawdown chart below to compare losses from any high point for FDCPX and FFNOX. For additional features, visit the drawdowns tool.
Volatility
FDCPX vs. FFNOX - Volatility Comparison
Fidelity Select Tech Hardware Portfolio (FDCPX) has a higher volatility of 4.47% compared to Fidelity Multi-Asset Index Fund (FFNOX) at 2.88%. This indicates that FDCPX's price experiences larger fluctuations and is considered to be riskier than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.