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

Correlation

The correlation between FELAX 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

FELAX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Semiconductors Fund Class A (FELAX) 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

FELAX:

0.18

FSELX:

-0.03

Sortino Ratio

FELAX:

0.63

FSELX:

0.35

Omega Ratio

FELAX:

1.08

FSELX:

1.05

Calmar Ratio

FELAX:

0.29

FSELX:

0.02

Martin Ratio

FELAX:

0.74

FSELX:

0.05

Ulcer Index

FELAX:

14.11%

FSELX:

15.87%

Daily Std Dev

FELAX:

46.96%

FSELX:

47.06%

Max Drawdown

FELAX:

-71.33%

FSELX:

-81.70%

Current Drawdown

FELAX:

-10.60%

FSELX:

-17.91%

Returns By Period

In the year-to-date period, FELAX achieves a -2.47% return, which is significantly higher than FSELX's -7.17% return. Over the past 10 years, FELAX has outperformed FSELX with an annualized return of 24.54%, while FSELX has yielded a comparatively lower 15.45% annualized return.


FELAX

YTD

-2.47%

1M

25.08%

6M

-0.41%

1Y

8.30%

5Y*

32.21%

10Y*

24.54%

FSELX

YTD

-7.17%

1M

25.69%

6M

-10.20%

1Y

-1.21%

5Y*

24.62%

10Y*

15.45%

*Annualized

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FELAX vs. FSELX - Expense Ratio Comparison

FELAX has a 1.01% expense ratio, which is higher than FSELX's 0.68% expense ratio.


Risk-Adjusted Performance

FELAX vs. FSELX — Risk-Adjusted Performance Rank

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

FELAX
The Risk-Adjusted Performance Rank of FELAX is 3636
Overall Rank
The Sharpe Ratio Rank of FELAX is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of FELAX is 4141
Sortino Ratio Rank
The Omega Ratio Rank of FELAX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of FELAX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of FELAX is 3333
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 2222
Overall Rank
The Sharpe Ratio Rank of FSELX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 2828
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 1919
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.

FELAX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Semiconductors Fund Class A (FELAX) 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 FELAX Sharpe Ratio is 0.18, which is higher than the FSELX Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of FELAX 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

FELAX vs. FSELX - Dividend Comparison

FELAX's dividend yield for the trailing twelve months is around 7.19%, while FSELX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FELAX
Fidelity Advisor Semiconductors Fund Class A
7.19%7.02%3.40%3.32%4.34%4.51%1.00%20.15%9.67%0.36%10.72%0.48%
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

FELAX vs. FSELX - Drawdown Comparison

The maximum FELAX drawdown since its inception was -71.33%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FELAX and FSELX. For additional features, visit the drawdowns tool.


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Volatility

FELAX vs. FSELX - Volatility Comparison

Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Select Semiconductors Portfolio (FSELX) have volatilities of 12.25% and 12.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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