Correlation
The correlation between FDRV and FSELX is 0.77, 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.
FDRV vs. FSELX
Compare and contrast key facts about Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Fidelity Select Semiconductors Portfolio (FSELX).
FDRV is an actively managed fund by Fidelity. It was launched on Oct 5, 2021. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDRV or FSELX.
Performance
FDRV vs. FSELX - Performance Comparison
Loading data...
Key characteristics
FDRV:
-0.05
FSELX:
-0.02
FDRV:
0.13
FSELX:
0.22
FDRV:
1.02
FSELX:
1.03
FDRV:
-0.03
FSELX:
-0.10
FDRV:
-0.23
FSELX:
-0.26
FDRV:
9.35%
FSELX:
14.05%
FDRV:
32.10%
FSELX:
47.01%
FDRV:
-63.89%
FSELX:
-81.70%
FDRV:
-53.52%
FSELX:
-12.22%
Returns By Period
In the year-to-date period, FDRV achieves a 4.45% return, which is significantly higher than FSELX's -4.43% return.
FDRV
4.45%
8.16%
0.83%
-1.42%
-11.48%
N/A
N/A
FSELX
-4.43%
14.55%
-2.93%
0.10%
27.55%
30.01%
23.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDRV vs. FSELX - Expense Ratio Comparison
FDRV has a 0.39% expense ratio, which is lower than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
FDRV vs. FSELX — Risk-Adjusted Performance Rank
FDRV
FSELX
FDRV vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Fidelity Select Semiconductors Portfolio (FSELX). 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.
Loading data...
Dividends
FDRV vs. FSELX - Dividend Comparison
FDRV's dividend yield for the trailing twelve months is around 0.52%, less than FSELX's 9.03% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FDRV Fidelity Electric Vehicles and Future Transportation ETF | 0.52% | 0.43% | 0.24% | 0.33% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 9.03% | 3.99% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 19.33% | 14.65% | 3.82% | 15.22% | 3.01% |
Drawdowns
FDRV vs. FSELX - Drawdown Comparison
The maximum FDRV drawdown since its inception was -63.89%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FDRV and FSELX.
Loading data...
Volatility
FDRV vs. FSELX - Volatility Comparison
The current volatility for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is 8.18%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 10.26%. This indicates that FDRV experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...