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FDFAX vs. SPMO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FDFAX vs. SPMO

Last updated Aug 4, 2026
Documentation

FDFAX (Fidelity Select Consumer Staples Portfolio) and SPMO (Invesco S&P 500 Momentum ETF) are both funds - FDFAX is a Consumer Staples Equities fund managed by Fidelity, while SPMO is a Momentum fund tracking the S&P 500 Momentum Index. Over the past 10 years, FDFAX returned 6.23%/yr vs 19.70%/yr for SPMO. Their 0.35 correlation means their historical movements had little consistent relationship. FDFAX charges 0.73%/yr vs 0.13%/yr for SPMO.

Performance

FDFAX vs. SPMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Consumer Staples Portfolio (FDFAX) and Invesco S&P 500 Momentum ETF (SPMO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FDFAX achieves a 13.62% return, which is significantly lower than SPMO's 22.35% return. Over the past 10 years, FDFAX has underperformed SPMO with an annualized return of 6.23%, while SPMO has yielded a comparatively higher 19.70% annualized return.

FDFAX

1D
-0.39%
1M
0.16%
6M
5.13%
YTD
13.62%
1Y
12.24%
3Y*
4.60%
5Y*
5.07%
10Y*
6.23%
ALL TIME*
11.39%

SPMO

1D
1.06%
1M
-3.63%
6M
21.38%
YTD
22.35%
1Y
29.45%
3Y*
38.16%
5Y*
20.19%
10Y*
19.70%
ALL TIME*
19.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FDFAX

Fidelity Select Consumer Staples Portfolio
$0.00$0.00$0.00

SPMO

Invesco S&P 500 Momentum ETF
$336.15M$337.86M$350.15M

FDFAX vs. SPMO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FDFAX
Fidelity Select Consumer Staples Portfolio		13.62%-1.31%5.58%3.02%-0.44%14.43%11.60%31.79%-15.91%12.15%
SPMO
Invesco S&P 500 Momentum ETF		22.35%26.58%45.82%17.56%-10.45%22.64%28.25%25.93%-0.92%27.76%

Correlation

The correlation between FDFAX and SPMO is -0.24, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

-0.24

Correlation (3Y)
Balances recent behavior with more history.

0.02

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.26

Correlation (10Y)
Provides a long-term view across more market conditions.

0.37

Correlation (All Time)
Calculated using the full available price history since Oct 12, 2015

0.35

The correlation between FDFAX and SPMO shifts across timeframes, from -0.24 (1 year) to 0.37 (10 years), reflecting how their relationship changes across market environments.

FDFAX vs. SPMO - Sectors Allocation Comparison

Sectors
FDFAX
SPMO

Consumer Defensive

96.6%
4.2%

Industrials

2.5%
11.2%

Consumer Cyclical

0.9%
1.2%

Basic Materials

-

1.9%

Communication Services

-

7.4%

Energy

-

3.3%

Financial Services

-

6.0%

Healthcare

-

6.9%

Real Estate

-

1.1%

Technology

-

53.7%

Utilities

-

2.7%

Consumer Defensive

FDFAX
96.6%
SPMO
4.2%

Industrials

FDFAX
2.5%
SPMO
11.2%

Consumer Cyclical

FDFAX
0.9%
SPMO
1.2%

Basic Materials

FDFAX

-

SPMO
1.9%

Communication Services

FDFAX

-

SPMO
7.4%

Energy

FDFAX

-

SPMO
3.3%

Financial Services

FDFAX

-

SPMO
6.0%

Healthcare

FDFAX

-

SPMO
6.9%

Real Estate

FDFAX

-

SPMO
1.1%

Technology

FDFAX

-

SPMO
53.7%

Utilities

FDFAX

-

SPMO
2.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Select Consumer Staples Portfolio

Invesco S&P 500 Momentum ETF

Often compared with FDFAX:
FDFAX vs. VCSAXFDFAX vs. FXAIXFDFAX vs. FSUTXFDFAX vs. WATFXFDFAX vs. FSTAFDFAX vs. FITLXFDFAX vs. FSPGX
Often compared with SPMO:
SPMO vs. VOOSPMO vs. QQQSPMO vs. SCHGSPMO vs. MTUMSPMO vs. VUGSPMO vs. VFMOSPMO vs. XMMO

Return for Risk

FDFAX vs. SPMO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
FDFAX
FDFAX Risk / Return Rank: 2323
Overall Rank
FDFAX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
FDFAX Sortino Ratio Rank: 2424
Sortino Ratio Rank
FDFAX Omega Ratio Rank: 2121
Omega Ratio Rank
FDFAX Calmar Ratio Rank: 2929
Calmar Ratio Rank
FDFAX Martin Ratio Rank: 1717
Martin Ratio Rank
SPMO
SPMO Risk / Return Rank: 5151
Overall Rank
SPMO Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
SPMO Sortino Ratio Rank: 4949
Sortino Ratio Rank
SPMO Omega Ratio Rank: 5252
Omega Ratio Rank
SPMO Calmar Ratio Rank: 5151
Calmar Ratio Rank
SPMO Martin Ratio Rank: 5656
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDFAX vs. SPMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Consumer Staples Portfolio (FDFAX) and Invesco S&P 500 Momentum ETF (SPMO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FDFAXSPMODifference
Sharpe ratioReturn per unit of total volatility
0.88
1.24

-0.36

Sortino ratioReturn per unit of downside risk
1.35
1.77

-0.42

Omega ratioGain probability vs. loss probability

1.16

1.24

-0.08

Calmar ratioReturn relative to maximum drawdown

1.38

1.89

-0.51

Martin ratioReturn relative to average drawdown

2.50

6.81

-4.31

FDFAX vs. SPMO - Sharpe Ratio Comparison

The current FDFAX Sharpe Ratio is 0.88, which is comparable to the SPMO Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FDFAX and SPMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FDFAX vs. SPMO - Drawdown Comparison

The maximum FDFAX drawdown since its inception was -38.29%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FDFAX and SPMO.

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Drawdown Indicators

FDFAXSPMODifference

Max Drawdown

Largest peak-to-trough decline

-38.29%

-30.95%

-7.34%

Max Drawdown (1Y)

Largest decline over 1 year

-9.18%

-15.64%

+6.46%

Max Drawdown (3Y)

Largest decline over 3 years

-12.45%

-20.13%

+7.68%

Max Drawdown (5Y)

Largest decline over 5 years

-15.63%

-22.74%

+7.11%

Max Drawdown (10Y)

Largest decline over 10 years

-27.66%

-30.95%

+3.29%

Current Drawdown

Current decline from peak

-1.80%

-10.09%

+8.29%

Average Drawdown

Average peak-to-trough decline

-5.04%

-4.62%

-0.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.06%

4.33%

+0.73%

Volatility

FDFAX vs. SPMO - Volatility Comparison

The current volatility for Fidelity Select Consumer Staples Portfolio (FDFAX) is 6.07%, while Invesco S&P 500 Momentum ETF (SPMO) has a volatility of 10.26%. This indicates that FDFAX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FDFAXSPMODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.07%

10.26%

-4.19%

Volatility (6M)

Calculated over the trailing 6-month period

11.40%

21.52%

-10.12%

Volatility (1Y)

Calculated over the trailing 1-year period

14.48%

23.86%

-9.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.12%

20.61%

-6.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.05%

20.94%

-5.89%

FDFAX vs. SPMO - Expense Ratio Comparison

FDFAX has a 0.73% expense ratio, which is higher than SPMO's 0.13% expense ratio.

Dividends

FDFAX vs. SPMO - Dividend Comparison

FDFAX's dividend yield for the trailing twelve months is around 2.78%, more than SPMO's 0.72% yield.

PositionTTM20252024202320222021202020192018201720162015
FDFAX
Fidelity Select Consumer Staples Portfolio		2.78%6.45%8.49%5.13%3.34%10.73%3.16%2.78%14.36%8.82%4.71%9.06%
SPMO
Invesco S&P 500 Momentum ETF		0.72%0.73%0.48%1.63%1.66%0.52%1.27%1.39%1.05%0.77%1.94%0.36%

Frequently Asked Questions

FDFAX and SPMO have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPMO has higher volatility (10.26%) compared to FDFAX (6.07%). In terms of maximum drawdown, FDFAX dropped -38.29% vs SPMO's -30.95%.

SPMO currently has the higher Sharpe Ratio (1.24 vs 0.88), 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.

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