FDIF vs. FSPTX

Last updated Jun 4, 2026

FDIF (Fidelity Disruptors ETF) and FSPTX (Fidelity Select Technology Portfolio) are both funds - FDIF is a Large Cap Growth Equities fund actively managed by Fidelity, while FSPTX is a Technology Equities fund managed by Fidelity. Over the past year, FDIF returned 22.85% vs 83.50% for FSPTX. Their correlation of 0.83 suggests significant overlap in exposure. FDIF charges 0.50%/yr vs 0.67%/yr for FSPTX.

Performance

FDIF vs. FSPTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptors ETF (FDIF) and Fidelity Select Technology Portfolio (FSPTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIF achieves a 10.12% return, which is significantly lower than FSPTX's 47.21% return.

FDIF

• 1D: -0.90%
• 1M: 5.86%
• YTD: 10.12%
• 6M: 10.33%
• 1Y: 22.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSPTX

• 1D: 2.81%
• 1M: 23.40%
• YTD: 47.21%
• 6M: 44.91%
• 1Y: 83.50%
• 3Y*: 42.95%
• 5Y*: 25.32%
• 10Y*: 27.99%

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

FDIF vs. FSPTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDIF Fidelity Disruptors ETF	10.12%	13.83%	19.74%	6.49%
FSPTX Fidelity Select Technology Portfolio	47.21%	23.37%	41.76%	9.70%

Correlation

The correlation between FDIF and FSPTX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023	0.83

The correlation between FDIF and FSPTX has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.

Return for Risk

FDIF vs. FSPTX — Risk / Return Rank

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

FDIF

FDIF Risk / Return Rank: 36
FDIF Sharpe Ratio Rank: 38
FDIF Sortino Ratio Rank: 36
FDIF Omega Ratio Rank: 36
FDIF Calmar Ratio Rank: 31
FDIF Martin Ratio Rank: 37

FSPTX

FSPTX Risk / Return Rank: 94
FSPTX Sharpe Ratio Rank: 98
FSPTX Sortino Ratio Rank: 93
FSPTX Omega Ratio Rank: 89
FSPTX Calmar Ratio Rank: 96
FSPTX Martin Ratio Rank: 95

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.

FDIF vs. FSPTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and Fidelity Select Technology Portfolio (FSPTX). 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.

	FDIF	FSPTX	Difference
Sharpe ratio Return per unit of total volatility	1.35	4.04	-2.70
Sortino ratio Return per unit of downside risk	1.91	4.66	-2.75
Omega ratio Gain probability vs. loss probability	1.24	1.62	-0.38
Calmar ratio Return relative to maximum drawdown	1.55	6.36	-4.81
Martin ratio Return relative to average drawdown	5.86	21.78	-15.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDIF vs. FSPTX - Sharpe Ratio Comparison

The current FDIF Sharpe Ratio is 1.35, which is lower than the FSPTX Sharpe Ratio of 4.04. The chart below compares the historical Sharpe Ratios of FDIF and FSPTX, 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

	FDIF	FSPTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	4.04	-2.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.93	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.57	+0.36

Drawdowns

FDIF vs. FSPTX - Drawdown Comparison

The maximum FDIF drawdown since its inception was -22.63%, smaller than the maximum FSPTX drawdown of -84.37%. Use the drawdown chart below to compare losses from any high point for FDIF and FSPTX.

Drawdown Indicators

	FDIF	FSPTX	Difference
Max Drawdown Largest peak-to-trough decline	-22.63%	-84.37%	+61.74%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-13.71%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.16%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.16%	—
Current Drawdown Current decline from peak	-0.90%	0.00%	-0.90%
Average Drawdown Average peak-to-trough decline	-3.83%	-27.03%	+23.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	4.00%	-0.09%

Volatility

FDIF vs. FSPTX - Volatility Comparison

The current volatility for Fidelity Disruptors ETF (FDIF) is 4.11%, while Fidelity Select Technology Portfolio (FSPTX) has a volatility of 6.24%. This indicates that FDIF experiences smaller price fluctuations and is considered to be less risky than FSPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIF	FSPTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	6.24%	-2.13%
Volatility (6M) Calculated over the trailing 6-month period	13.37%	16.66%	-3.29%
Volatility (1Y) Calculated over the trailing 1-year period	17.02%	21.59%	-4.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.59%	27.36%	-8.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.59%	26.00%	-7.41%

FDIF vs. FSPTX - Expense Ratio Comparison

FDIF has a 0.50% expense ratio, which is lower than FSPTX's 0.67% expense ratio.

Dividends

FDIF vs. FSPTX - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.30%, less than FSPTX's 7.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIF Fidelity Disruptors ETF	0.30%	0.36%	0.35%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSPTX Fidelity Select Technology Portfolio	7.37%	9.06%	9.42%	0.01%	3.95%	11.62%	18.86%	1.86%	23.77%	8.32%	1.54%	4.19%

Frequently Asked Questions

Can I hold both FDIF and FSPTX in my portfolio?

FDIF and FSPTX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIF or FSPTX?

FSPTX has higher volatility (6.24%) compared to FDIF (4.11%). In terms of maximum drawdown, FDIF dropped -22.63% vs FSPTX's -84.37%.

Which has better risk-adjusted returns?

FSPTX currently has the higher Sharpe Ratio (4.04 vs 1.35), 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.