FDLSX vs. RYLIX
FDLSX (Fidelity Select Leisure Portfolio) and RYLIX (Rydex Leisure Fund) are both Consumer Discretionary Equities funds. Over the past 10 years, FDLSX returned 11.38%/yr vs 6.89%/yr for RYLIX. Their correlation of 0.90 suggests significant overlap in exposure. FDLSX charges 0.74%/yr vs 1.39%/yr for RYLIX.
Performance
FDLSX vs. RYLIX - Performance Comparison
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Returns By Period
In the year-to-date period, FDLSX achieves a -3.81% return, which is significantly lower than RYLIX's -3.17% return. Over the past 10 years, FDLSX has outperformed RYLIX with an annualized return of 11.38%, while RYLIX has yielded a comparatively lower 6.89% annualized return.
FDLSX
- 1D
- -1.46%
- 1M
- 6.37%
- YTD
- -3.81%
- 6M
- -15.18%
- 1Y
- -15.60%
- 3Y*
- 7.13%
- 5Y*
- 5.69%
- 10Y*
- 11.38%
RYLIX
- 1D
- 1.05%
- 1M
- 1.93%
- YTD
- -3.17%
- 6M
- -4.57%
- 1Y
- -1.11%
- 3Y*
- 9.18%
- 5Y*
- 0.49%
- 10Y*
- 6.89%
FDLSX vs. RYLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDLSX Fidelity Select Leisure Portfolio | -3.81% | -5.30% | 20.17% | 30.14% | -15.27% | 21.66% | 18.59% | 28.78% | -7.65% | 29.09% |
RYLIX Rydex Leisure Fund | -3.17% | 8.99% | 17.03% | 22.86% | -26.98% | 0.91% | 21.26% | 29.89% | -13.22% | 20.52% |
Correlation
The correlation between FDLSX and RYLIX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.90 |
The correlation between FDLSX and RYLIX has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.
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Return for Risk
FDLSX vs. RYLIX — Risk / Return Rank
FDLSX
RYLIX
FDLSX vs. RYLIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Leisure Portfolio (FDLSX) and Rydex Leisure Fund (RYLIX). 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.
| FDLSX | RYLIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.00 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.06 | -0.47 |
| Martin ratioReturn relative to average drawdown | -0.90 | -0.13 | -0.78 |
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Drawdowns
FDLSX vs. RYLIX - Drawdown Comparison
The maximum FDLSX drawdown since its inception was -51.58%, smaller than the maximum RYLIX drawdown of -68.20%. Use the drawdown chart below to compare losses from any high point for FDLSX and RYLIX.
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Drawdown Indicators
| FDLSX | RYLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.58% | -68.20% | +16.62% |
Max Drawdown (1Y)Largest decline over 1 year | -28.33% | -14.04% | -14.29% |
Max Drawdown (3Y)Largest decline over 3 years | -28.33% | -19.18% | -9.15% |
Max Drawdown (5Y)Largest decline over 5 years | -28.33% | -40.12% | +11.79% |
Max Drawdown (10Y)Largest decline over 10 years | -48.44% | -42.27% | -6.17% |
Current DrawdownCurrent decline from peak | -21.17% | -7.67% | -13.50% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -16.36% | +7.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.50% | 6.55% | +9.95% |
Volatility
FDLSX vs. RYLIX - Volatility Comparison
Fidelity Select Leisure Portfolio (FDLSX) has a higher volatility of 5.83% compared to Rydex Leisure Fund (RYLIX) at 4.16%. This indicates that FDLSX's price experiences larger fluctuations and is considered to be riskier than RYLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDLSX | RYLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.83% | 4.16% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 18.78% | 10.68% | +8.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.69% | 14.20% | +7.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.59% | 19.92% | +1.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.39% | 20.08% | +2.31% |
FDLSX vs. RYLIX - Expense Ratio Comparison
FDLSX has a 0.74% expense ratio, which is lower than RYLIX's 1.39% expense ratio.
Dividends
FDLSX vs. RYLIX - Dividend Comparison
FDLSX's dividend yield for the trailing twelve months is around 5.37%, more than RYLIX's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDLSX Fidelity Select Leisure Portfolio | 5.37% | 9.12% | 7.41% | 1.64% | 3.32% | 22.77% | 2.36% | 6.43% | 19.76% | 6.33% | 1.01% | 5.42% |
RYLIX Rydex Leisure Fund | 0.06% | 0.06% | 0.43% | 0.06% | 0.00% | 6.14% | 0.00% | 0.24% | 8.04% | 6.23% | 0.49% | 0.72% |
Frequently Asked Questions
FDLSX and RYLIX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDLSX has higher volatility (5.83%) compared to RYLIX (4.16%). In terms of maximum drawdown, FDLSX dropped -51.58% vs RYLIX's -68.20%.
RYLIX currently has the higher Sharpe Ratio (-0.06 vs -0.69), 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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