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FDCPX vs. FFNOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FDCPX vs. FFNOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Tech Hardware Portfolio (FDCPX) and Fidelity Multi-Asset Index Fund (FFNOX). The values are adjusted to include any dividend payments, if applicable.

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FDCPX vs. FFNOX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FDCPX
Fidelity Select Tech Hardware Portfolio
9.40%54.44%22.40%33.52%-28.63%23.68%46.07%40.15%-6.30%32.64%
FFNOX
Fidelity Multi-Asset Index Fund
-3.78%20.18%13.05%19.29%-18.02%17.05%16.30%25.09%-6.58%17.09%

Returns By Period

In the year-to-date period, FDCPX achieves a 9.40% return, which is significantly higher than FFNOX's -3.78% return. Over the past 10 years, FDCPX has outperformed FFNOX with an annualized return of 21.61%, while FFNOX has yielded a comparatively lower 9.90% annualized return.


FDCPX

1D
-2.61%
1M
-8.67%
YTD
9.40%
6M
14.21%
1Y
74.26%
3Y*
34.03%
5Y*
18.00%
10Y*
21.61%

FFNOX

1D
-0.16%
1M
-8.18%
YTD
-3.78%
6M
-1.17%
1Y
15.66%
3Y*
13.45%
5Y*
7.51%
10Y*
9.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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.


Return for Risk

FDCPX vs. FFNOX — Risk / Return Rank

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

FDCPX
FDCPX Risk / Return Rank: 9797
Overall Rank
FDCPX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
FDCPX Sortino Ratio Rank: 9696
Sortino Ratio Rank
FDCPX Omega Ratio Rank: 9494
Omega Ratio Rank
FDCPX Calmar Ratio Rank: 9898
Calmar Ratio Rank
FDCPX Martin Ratio Rank: 9898
Martin Ratio Rank

FFNOX
FFNOX Risk / Return Rank: 6363
Overall Rank
FFNOX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FFNOX Sortino Ratio Rank: 6464
Sortino Ratio Rank
FFNOX Omega Ratio Rank: 6363
Omega Ratio Rank
FFNOX Calmar Ratio Rank: 5959
Calmar Ratio Rank
FFNOX Martin Ratio Rank: 6666
Martin Ratio Rank
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.

FDCPX vs. FFNOX - Risk-Adjusted Trends 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.


FDCPXFFNOXDifference

Sharpe ratio

Return per unit of total volatility

2.58

1.08

+1.50

Sortino ratio

Return per unit of downside risk

3.38

1.58

+1.80

Omega ratio

Gain probability vs. loss probability

1.49

1.23

+0.25

Calmar ratio

Return relative to maximum drawdown

4.85

1.36

+3.49

Martin ratio

Return relative to average drawdown

23.39

6.23

+17.16

FDCPX vs. FFNOX - Sharpe Ratio Comparison

The current FDCPX Sharpe Ratio is 2.58, which is higher than the FFNOX Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of FDCPX and FFNOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FDCPXFFNOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.58

1.08

+1.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.55

+0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.00

0.68

+0.32

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.41

+0.11

Correlation

The correlation between FDCPX and FFNOX is 0.81, 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

FDCPX vs. FFNOX - Dividend Comparison

FDCPX's dividend yield for the trailing twelve months is around 13.15%, more than FFNOX's 3.82% yield.


TTM20252024202320222021202020192018201720162015
FDCPX
Fidelity Select Tech Hardware Portfolio
13.15%14.38%7.58%0.51%17.72%16.95%8.81%12.15%23.69%10.50%6.57%4.53%
FFNOX
Fidelity Multi-Asset Index Fund
3.82%3.68%6.43%3.18%7.14%5.71%2.87%2.96%2.90%0.64%2.50%0.70%

Drawdowns

FDCPX vs. FFNOX - Drawdown Comparison

The maximum FDCPX drawdown since its inception was -81.96%, which is greater than FFNOX's maximum drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for FDCPX and FFNOX.


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Drawdown Indicators


FDCPXFFNOXDifference

Max Drawdown

Largest peak-to-trough decline

-81.96%

-49.84%

-32.12%

Max Drawdown (1Y)

Largest decline over 1 year

-14.36%

-10.38%

-3.98%

Max Drawdown (5Y)

Largest decline over 5 years

-35.29%

-26.04%

-9.25%

Max Drawdown (10Y)

Largest decline over 10 years

-35.29%

-29.93%

-5.36%

Current Drawdown

Current decline from peak

-9.09%

-8.60%

-0.49%

Average Drawdown

Average peak-to-trough decline

-26.23%

-8.75%

-17.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.98%

2.26%

+0.72%

Volatility

FDCPX vs. FFNOX - Volatility Comparison

Fidelity Select Tech Hardware Portfolio (FDCPX) has a higher volatility of 11.19% compared to Fidelity Multi-Asset Index Fund (FFNOX) at 4.81%. 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.


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Volatility by Period


FDCPXFFNOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.19%

4.81%

+6.38%

Volatility (6M)

Calculated over the trailing 6-month period

18.17%

8.33%

+9.84%

Volatility (1Y)

Calculated over the trailing 1-year period

28.72%

14.47%

+14.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.00%

13.64%

+8.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.59%

14.50%

+7.09%