FENY vs. FSENX
Compare and contrast key facts about Fidelity MSCI Energy Index ETF (FENY) and Fidelity Select Energy Portfolio (FSENX).
FENY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Energy Index. It was launched on Oct 21, 2013. FSENX is managed by Fidelity. It was launched on Jul 14, 1981.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FENY or FSENX.
Performance
FENY vs. FSENX - Performance Comparison
Returns By Period
In the year-to-date period, FENY achieves a 15.38% return, which is significantly higher than FSENX's 10.50% return. Over the past 10 years, FENY has outperformed FSENX with an annualized return of 4.01%, while FSENX has yielded a comparatively lower 3.57% annualized return.
FENY
15.38%
4.88%
1.26%
14.83%
16.13%
4.01%
FSENX
10.50%
1.89%
-4.87%
11.14%
14.81%
3.57%
Key characteristics
| FENY | FSENX | |
|---|---|---|
| Sharpe Ratio | 0.82 | 0.46 |
| Sortino Ratio | 1.22 | 0.74 |
| Omega Ratio | 1.15 | 1.09 |
| Calmar Ratio | 1.11 | 0.54 |
| Martin Ratio | 2.68 | 1.26 |
| Ulcer Index | 5.56% | 6.90% |
| Daily Std Dev | 18.07% | 18.98% |
| Max Drawdown | -74.35% | -76.56% |
| Current Drawdown | -1.76% | -8.02% |
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FENY vs. FSENX - Expense Ratio Comparison
FENY has a 0.08% expense ratio, which is lower than FSENX's 0.77% expense ratio.
Correlation
The correlation between FENY and FSENX is 0.98, 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.
Risk-Adjusted Performance
FENY vs. FSENX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Energy Index ETF (FENY) and Fidelity Select Energy Portfolio (FSENX). 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
FENY vs. FSENX - Dividend Comparison
FENY's dividend yield for the trailing twelve months is around 2.94%, more than FSENX's 1.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FENY Fidelity MSCI Energy Index ETF | 2.94% | 3.33% | 3.33% | 3.69% | 4.60% | 6.43% | 3.21% | 2.94% | 2.29% | 3.05% | 1.91% | 0.32% |
FSENX Fidelity Select Energy Portfolio | 1.90% | 1.98% | 2.50% | 2.25% | 3.43% | 1.79% | 1.44% | 1.51% | 0.50% | 1.35% | 7.36% | 13.05% |
Drawdowns
FENY vs. FSENX - Drawdown Comparison
The maximum FENY drawdown since its inception was -74.35%, roughly equal to the maximum FSENX drawdown of -76.56%. Use the drawdown chart below to compare losses from any high point for FENY and FSENX. For additional features, visit the drawdowns tool.
Volatility
FENY vs. FSENX - Volatility Comparison
Fidelity MSCI Energy Index ETF (FENY) has a higher volatility of 5.12% compared to Fidelity Select Energy Portfolio (FSENX) at 4.83%. This indicates that FENY's price experiences larger fluctuations and is considered to be riskier than FSENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.