FELAX vs. FSELX
Compare and contrast key facts about Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Select Semiconductors Portfolio (FSELX).
FELAX is managed by Fidelity. It was launched on Dec 27, 2000. 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: FELAX or FSELX.
Key characteristics
| FELAX | FSELX | |
|---|---|---|
| YTD Return | 32.14% | 32.49% |
| 1Y Return | 71.95% | 75.06% |
| 3Y Return (Ann) | 31.45% | 32.62% |
| 5Y Return (Ann) | 35.47% | 36.51% |
| 10Y Return (Ann) | 27.16% | 28.06% |
| Sharpe Ratio | 2.49 | 2.53 |
| Daily Std Dev | 30.89% | 31.73% |
| Max Drawdown | -71.33% | -81.70% |
| Current Drawdown | -0.71% | -0.71% |
Correlation
The correlation between FELAX and FSELX is 0.99, 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 year-to-date returns for both investments are quite close, with FELAX having a 32.14% return and FSELX slightly higher at 32.49%. Both investments have delivered pretty close results over the past 10 years, with FELAX having a 27.16% annualized return and FSELX not far ahead at 28.06%. 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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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 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.
Dividends
FELAX vs. FSELX - Dividend Comparison
FELAX's dividend yield for the trailing twelve months is around 2.58%, less than FSELX's 5.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELAX Fidelity Advisor Semiconductors Fund Class A | 2.58% | 3.40% | 3.32% | 4.34% | 4.51% | 1.00% | 20.15% | 9.67% | 0.36% | 10.72% | 0.48% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 5.30% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 16.31% | 3.48% | 0.61% |
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.
Volatility
FELAX vs. FSELX - Volatility Comparison
Fidelity Advisor Semiconductors Fund Class A (FELAX) and Fidelity Select Semiconductors Portfolio (FSELX) have volatilities of 10.19% and 10.36%, 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.