FDTX vs. FSCSX
Compare and contrast key facts about Fidelity Disruptive Technology ETF (FDTX) and Fidelity Select Software & IT Services Portfolio (FSCSX).
FDTX is an actively managed fund by Fidelity. It was launched on Apr 16, 2020. FSCSX 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: FDTX or FSCSX.
Key characteristics
| FDTX | FSCSX | |
|---|---|---|
| YTD Return | 23.61% | 6.69% |
| 1Y Return | 43.49% | 14.42% |
| Sharpe Ratio | 1.89 | 0.70 |
| Sortino Ratio | 2.47 | 0.99 |
| Omega Ratio | 1.33 | 1.14 |
| Calmar Ratio | 2.53 | 0.52 |
| Martin Ratio | 8.36 | 1.61 |
| Ulcer Index | 5.12% | 8.28% |
| Daily Std Dev | 22.64% | 18.98% |
| Max Drawdown | -18.61% | -58.42% |
| Current Drawdown | -0.70% | -11.32% |
Correlation
The correlation between FDTX and FSCSX is 0.86, 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.
Performance
FDTX vs. FSCSX - Performance Comparison
In the year-to-date period, FDTX achieves a 23.61% return, which is significantly higher than FSCSX's 6.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDTX vs. FSCSX - Expense Ratio Comparison
FDTX has a 0.50% expense ratio, which is lower than FSCSX's 0.67% expense ratio.
Risk-Adjusted Performance
FDTX vs. FSCSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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.
Dividends
FDTX vs. FSCSX - Dividend Comparison
Neither FDTX nor FSCSX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDTX Fidelity Disruptive Technology ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSCSX Fidelity Select Software & IT Services Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.23% | 0.04% | 0.00% | 0.03% | 2.35% | 10.43% | 4.72% |
Drawdowns
FDTX vs. FSCSX - Drawdown Comparison
The maximum FDTX drawdown since its inception was -18.61%, smaller than the maximum FSCSX drawdown of -58.42%. Use the drawdown chart below to compare losses from any high point for FDTX and FSCSX. For additional features, visit the drawdowns tool.
Volatility
FDTX vs. FSCSX - Volatility Comparison
Fidelity Disruptive Technology ETF (FDTX) has a higher volatility of 5.59% compared to Fidelity Select Software & IT Services Portfolio (FSCSX) at 4.93%. This indicates that FDTX's price experiences larger fluctuations and is considered to be riskier than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.