FEIAX vs. FSELX

Last updated Jun 5, 2026

FEIAX (Fidelity Advisor Equity Income Fund Class A) and FSELX (Fidelity Select Semiconductors Portfolio) are both mutual funds - FEIAX is a Large Cap Value Equities fund managed by Fidelity, while FSELX is a Semiconductors fund managed by Fidelity. A 0.58 correlation means they provide meaningful diversification when combined. FEIAX charges 0.90%/yr vs 0.68%/yr for FSELX.

Performance

FEIAX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Equity Income Fund Class A (FEIAX) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FEIAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSELX

• 1D: 0.46%
• 1M: 23.91%
• YTD: 86.42%
• 6M: 84.56%
• 1Y: 162.37%
• 3Y*: 69.11%
• 5Y*: 46.37%
• 10Y*: 39.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FEIAX vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEIAX Fidelity Advisor Equity Income Fund Class A	0.00%	2.75%	5.69%	11.19%	-1.35%	22.11%	1.23%	27.19%	-9.89%	11.40%
FSELX Fidelity Select Semiconductors Portfolio	86.42%	52.17%	49.68%	78.49%	-35.27%	59.16%	44.33%	64.50%	-12.01%	34.51%

Correlation

The correlation between FEIAX and FSELX is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jan 3, 1994	0.58

The correlation between FEIAX and FSELX shifts across timeframes, from -0.02 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FEIAX vs. FSELX — Risk / Return Rank

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

FSELX

FSELX Risk / Return Rank: 97
FSELX Sharpe Ratio Rank: 99
FSELX Sortino Ratio Rank: 95
FSELX Omega Ratio Rank: 91
FSELX Calmar Ratio Rank: 99
FSELX Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FEIAX vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Income Fund Class A (FEIAX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FEIAX	FSELX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.17	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.20	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.55	—

Drawdowns

Drawdown Indicators

	FEIAX	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	—	-82.54%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-36.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-28.70%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.74%	—

Volatility

Volatility by Period

	FEIAX	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	32.72%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	38.96%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	35.06%	—

FEIAX vs. FSELX - Expense Ratio Comparison

FEIAX has a 0.90% expense ratio, which is higher than FSELX's 0.68% expense ratio.

Dividends

FEIAX vs. FSELX - Dividend Comparison

FEIAX has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 8.79%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEIAX Fidelity Advisor Equity Income Fund Class A	0.00%	4.77%	1.43%	4.90%	5.96%	11.12%	2.23%	8.09%	16.73%	10.16%	3.13%	10.67%
FSELX Fidelity Select Semiconductors Portfolio	8.79%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%

Frequently Asked Questions

Can I hold both FEIAX and FSELX in my portfolio?

FEIAX and FSELX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.