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FDLSX vs. FSAVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FDLSXFSAVX
YTD Return9.26%-2.74%
1Y Return17.60%-2.87%
3Y Return (Ann)8.62%-2.73%
5Y Return (Ann)12.20%13.17%
10Y Return (Ann)12.28%8.57%
Sharpe Ratio1.27-0.08
Daily Std Dev15.19%18.95%
Max Drawdown-94.48%-81.17%
Current Drawdown-8.07%-22.98%

Correlation

-0.50.00.51.00.7

The correlation between FDLSX and FSAVX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

FDLSX vs. FSAVX - Performance Comparison

In the year-to-date period, FDLSX achieves a 9.26% return, which is significantly higher than FSAVX's -2.74% return. Over the past 10 years, FDLSX has outperformed FSAVX with an annualized return of 12.28%, while FSAVX has yielded a comparatively lower 8.57% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%AprilMayJuneJulyAugustSeptember
6,218.14%
1,879.67%
FDLSX
FSAVX

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FDLSX vs. FSAVX - Expense Ratio Comparison

FDLSX has a 0.74% expense ratio, which is lower than FSAVX's 0.88% expense ratio.


FSAVX
Fidelity Select Automotive Portfolio
Expense ratio chart for FSAVX: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for FDLSX: current value at 0.74% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.74%

Risk-Adjusted Performance

FDLSX vs. FSAVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Leisure Portfolio (FDLSX) and Fidelity Select Automotive Portfolio (FSAVX). 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.


FDLSX
Sharpe ratio
The chart of Sharpe ratio for FDLSX, currently valued at 1.27, compared to the broader market-1.000.001.002.003.004.005.001.27
Sortino ratio
The chart of Sortino ratio for FDLSX, currently valued at 1.84, compared to the broader market0.005.0010.001.84
Omega ratio
The chart of Omega ratio for FDLSX, currently valued at 1.19, compared to the broader market1.002.003.004.001.19
Calmar ratio
The chart of Calmar ratio for FDLSX, currently valued at 0.65, compared to the broader market0.005.0010.0015.0020.000.65
Martin ratio
The chart of Martin ratio for FDLSX, currently valued at 5.05, compared to the broader market0.0020.0040.0060.0080.00100.005.05
FSAVX
Sharpe ratio
The chart of Sharpe ratio for FSAVX, currently valued at -0.08, compared to the broader market-1.000.001.002.003.004.005.00-0.08
Sortino ratio
The chart of Sortino ratio for FSAVX, currently valued at 0.02, compared to the broader market0.005.0010.000.02
Omega ratio
The chart of Omega ratio for FSAVX, currently valued at 0.99, compared to the broader market1.002.003.004.000.99
Calmar ratio
The chart of Calmar ratio for FSAVX, currently valued at -0.05, compared to the broader market0.005.0010.0015.0020.00-0.05
Martin ratio
The chart of Martin ratio for FSAVX, currently valued at -0.22, compared to the broader market0.0020.0040.0060.0080.00100.00-0.22

FDLSX vs. FSAVX - Sharpe Ratio Comparison

The current FDLSX Sharpe Ratio is 1.27, which is higher than the FSAVX Sharpe Ratio of -0.08. The chart below compares the 12-month rolling Sharpe Ratio of FDLSX and FSAVX.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00AprilMayJuneJulyAugustSeptember
1.27
-0.08
FDLSX
FSAVX

Dividends

FDLSX vs. FSAVX - Dividend Comparison

FDLSX's dividend yield for the trailing twelve months is around 2.30%, more than FSAVX's 0.85% yield.


TTM20232022202120202019201820172016201520142013
FDLSX
Fidelity Select Leisure Portfolio
2.30%1.64%3.32%22.77%2.36%6.43%20.10%6.33%1.01%5.56%8.61%8.06%
FSAVX
Fidelity Select Automotive Portfolio
0.85%0.86%2.61%2.58%8.57%4.08%8.17%15.51%7.13%16.22%26.08%1.83%

Drawdowns

FDLSX vs. FSAVX - Drawdown Comparison

The maximum FDLSX drawdown since its inception was -94.48%, which is greater than FSAVX's maximum drawdown of -81.17%. Use the drawdown chart below to compare losses from any high point for FDLSX and FSAVX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%AprilMayJuneJulyAugustSeptember
-8.07%
-22.98%
FDLSX
FSAVX

Volatility

FDLSX vs. FSAVX - Volatility Comparison

The current volatility for Fidelity Select Leisure Portfolio (FDLSX) is 4.12%, while Fidelity Select Automotive Portfolio (FSAVX) has a volatility of 6.03%. This indicates that FDLSX experiences smaller price fluctuations and is considered to be less risky than FSAVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%AprilMayJuneJulyAugustSeptember
4.12%
6.03%
FDLSX
FSAVX