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FDTX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDTX and FSELX is 0.76, 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. FSELX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FDTX:

0.49

FSELX:

-0.02

Sortino Ratio

FDTX:

0.87

FSELX:

0.35

Omega Ratio

FDTX:

1.12

FSELX:

1.05

Calmar Ratio

FDTX:

0.54

FSELX:

0.02

Martin Ratio

FDTX:

1.64

FSELX:

0.04

Ulcer Index

FDTX:

8.93%

FSELX:

15.83%

Daily Std Dev

FDTX:

29.70%

FSELX:

47.06%

Max Drawdown

FDTX:

-27.23%

FSELX:

-81.70%

Current Drawdown

FDTX:

-5.92%

FSELX:

-18.78%

Returns By Period

In the year-to-date period, FDTX achieves a 1.90% return, which is significantly higher than FSELX's -8.16% return.


FDTX

YTD

1.90%

1M

19.07%

6M

0.84%

1Y

14.49%

5Y*

N/A

10Y*

N/A

FSELX

YTD

-8.16%

1M

24.50%

6M

-12.97%

1Y

-0.81%

5Y*

24.12%

10Y*

15.34%

*Annualized

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FDTX vs. FSELX - Expense Ratio Comparison

FDTX has a 0.50% expense ratio, which is lower than FSELX's 0.68% expense ratio.


Risk-Adjusted Performance

FDTX vs. FSELX — Risk-Adjusted Performance Rank

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

FDTX
The Risk-Adjusted Performance Rank of FDTX is 5050
Overall Rank
The Sharpe Ratio Rank of FDTX is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of FDTX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of FDTX is 5050
Omega Ratio Rank
The Calmar Ratio Rank of FDTX is 5656
Calmar Ratio Rank
The Martin Ratio Rank of FDTX is 4646
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 2121
Overall Rank
The Sharpe Ratio Rank of FSELX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 1818
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDTX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) 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.


The current FDTX Sharpe Ratio is 0.49, which is higher than the FSELX Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of FDTX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FDTX vs. FSELX - Dividend Comparison

Neither FDTX nor FSELX has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
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%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%

Drawdowns

FDTX vs. FSELX - Drawdown Comparison

The maximum FDTX drawdown since its inception was -27.23%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FDTX and FSELX. For additional features, visit the drawdowns tool.


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Volatility

FDTX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Disruptive Technology ETF (FDTX) is 8.28%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 12.41%. This indicates that FDTX 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.


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