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

Correlation

The correlation between FELC 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

FELC vs. FSELX - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%December2025FebruaryMarchAprilMay
26.06%
12.04%
FELC
FSELX

Key characteristics

Sharpe Ratio

FELC:

0.52

FSELX:

-0.23

Sortino Ratio

FELC:

0.85

FSELX:

-0.02

Omega Ratio

FELC:

1.13

FSELX:

1.00

Calmar Ratio

FELC:

0.54

FSELX:

-0.27

Martin Ratio

FELC:

2.06

FSELX:

-0.69

Ulcer Index

FELC:

4.83%

FSELX:

15.53%

Daily Std Dev

FELC:

19.15%

FSELX:

46.33%

Max Drawdown

FELC:

-18.59%

FSELX:

-81.70%

Current Drawdown

FELC:

-8.30%

FSELX:

-28.38%

Returns By Period

In the year-to-date period, FELC achieves a -4.76% return, which is significantly higher than FSELX's -19.00% return.


FELC

YTD

-4.76%

1M

11.00%

6M

-5.44%

1Y

8.77%

5Y*

N/A

10Y*

N/A

FSELX

YTD

-19.00%

1M

13.19%

6M

-24.78%

1Y

-12.04%

5Y*

20.19%

10Y*

14.01%

*Annualized

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FELC vs. FSELX - Expense Ratio Comparison

FELC has a 0.18% expense ratio, which is lower than FSELX's 0.68% expense ratio.


Risk-Adjusted Performance

FELC vs. FSELX — Risk-Adjusted Performance Rank

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

FELC
The Risk-Adjusted Performance Rank of FELC is 5858
Overall Rank
The Sharpe Ratio Rank of FELC is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of FELC is 5656
Sortino Ratio Rank
The Omega Ratio Rank of FELC is 5959
Omega Ratio Rank
The Calmar Ratio Rank of FELC is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FELC is 5959
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 88
Overall Rank
The Sharpe Ratio Rank of FSELX is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 1212
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 1212
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 44
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 66
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.

FELC vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Core ETF (FELC) 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 FELC Sharpe Ratio is 0.52, which is higher than the FSELX Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of FELC 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.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.46
-0.26
FELC
FSELX

Dividends

FELC vs. FSELX - Dividend Comparison

FELC's dividend yield for the trailing twelve months is around 1.10%, while FSELX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FELC
Fidelity Enhanced Large Cap Core ETF
1.10%1.03%0.04%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

FELC vs. FSELX - Drawdown Comparison

The maximum FELC drawdown since its inception was -18.59%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FELC and FSELX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-8.30%
-28.38%
FELC
FSELX

Volatility

FELC vs. FSELX - Volatility Comparison

The current volatility for Fidelity Enhanced Large Cap Core ETF (FELC) is 11.25%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 22.43%. This indicates that FELC 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.


5.00%10.00%15.00%20.00%25.00%December2025FebruaryMarchAprilMay
11.25%
22.43%
FELC
FSELX