FGOMX vs. FSELX

Last updated Apr 1, 2026

Compare and contrast key facts about Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) and Fidelity Select Semiconductors Portfolio (FSELX).

FGOMX is managed by Fidelity. It was launched on Oct 29, 2018. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.

Performance

FGOMX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

FGOMX vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FGOMX Strategic Advisers Fidelity Emerging Markets Fund	1.70%	34.20%	7.88%	12.23%	-22.45%	-0.19%	22.10%	22.25%	-4.83%
FSELX Fidelity Select Semiconductors Portfolio	0.00%	52.17%	49.68%	78.49%	-35.27%	59.16%	44.33%	64.50%	-8.04%

Returns By Period

FGOMX

• 1D: -1.28%
• 1M: -12.06%
• YTD: 1.70%
• 6M: 6.93%
• 1Y: 32.01%
• 3Y*: 16.27%
• 5Y*: 4.27%
• 10Y*: —

FSELX

• 1D: -4.27%
• 1M: -9.75%
• YTD: 0.00%
• 6M: 7.40%
• 1Y: 85.27%
• 3Y*: 43.05%
• 5Y*: 30.67%
• 10Y*: 31.42%

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

FGOMX vs. FSELX - Expense Ratio Comparison

FGOMX has a 0.25% expense ratio, which is lower than FSELX's 0.68% expense ratio.

FSELX

Fidelity Select Semiconductors Portfolio

FGOMX

Strategic Advisers Fidelity Emerging Markets Fund

Return for Risk

FGOMX vs. FSELX — Risk / Return Rank

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

FGOMX

FGOMX Risk / Return Rank: 88
FGOMX Sharpe Ratio Rank: 88
FGOMX Sortino Ratio Rank: 89
FGOMX Omega Ratio Rank: 85
FGOMX Calmar Ratio Rank: 90
FGOMX Martin Ratio Rank: 89

FSELX

FSELX Risk / Return Rank: 94
FSELX Sharpe Ratio Rank: 93
FSELX Sortino Ratio Rank: 92
FSELX Omega Ratio Rank: 89
FSELX Calmar Ratio Rank: 98
FSELX Martin Ratio Rank: 98

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.

FGOMX vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) 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.

	FGOMX	FSELX	Difference
Sharpe ratio Return per unit of total volatility	1.74	2.07	-0.33
Sortino ratio Return per unit of downside risk	2.44	2.72	-0.28
Omega ratio Gain probability vs. loss probability	1.34	1.38	-0.04
Calmar ratio Return relative to maximum drawdown	2.49	4.58	-2.09
Martin ratio Return relative to average drawdown	10.01	18.71	-8.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGOMX vs. FSELX - Sharpe Ratio Comparison

The current FGOMX Sharpe Ratio is 1.74, which is comparable to the FSELX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FGOMX 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.

Sharpe Ratios by Period

	FGOMX	FSELX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	2.07	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.80	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.49	-0.04

Correlation

The correlation between FGOMX and FSELX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FGOMX vs. FSELX - Dividend Comparison

FGOMX's dividend yield for the trailing twelve months is around 2.13%, less than FSELX's 11.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGOMX Strategic Advisers Fidelity Emerging Markets Fund	2.13%	2.17%	2.40%	2.83%	2.42%	4.63%	0.73%	2.13%	0.00%	0.00%	0.00%	0.00%
FSELX Fidelity Select Semiconductors Portfolio	11.11%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%

Drawdowns

FGOMX vs. FSELX - Drawdown Comparison

The maximum FGOMX drawdown since its inception was -40.14%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for FGOMX and FSELX.

Drawdown Indicators

	FGOMX	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-40.14%	-82.54%	+42.40%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-17.23%	+4.46%
Max Drawdown (5Y) Largest decline over 5 years	-38.04%	-46.37%	+8.33%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-12.77%	-14.38%	+1.61%
Average Drawdown Average peak-to-trough decline	-13.60%	-28.82%	+15.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	4.21%	-0.67%

Volatility

FGOMX vs. FSELX - Volatility Comparison

The current volatility for Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) is 8.14%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 10.47%. This indicates that FGOMX 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.

Volatility by Period

	FGOMX	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.14%	10.47%	-2.33%
Volatility (6M) Calculated over the trailing 6-month period	12.92%	24.91%	-11.99%
Volatility (1Y) Calculated over the trailing 1-year period	20.18%	40.89%	-20.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.38%	38.58%	-21.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.13%	34.71%	-15.58%