FHLC vs. FSPHX
Compare and contrast key facts about Fidelity MSCI Health Care Index ETF (FHLC) and Fidelity® Select Health Care Portfolio (FSPHX).
FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013. FSPHX is an actively managed fund 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: FHLC or FSPHX.
Correlation
The correlation between FHLC and FSPHX is 0.73, 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
FHLC vs. FSPHX - Performance Comparison
Key characteristics
FHLC:
-0.08
FSPHX:
-0.52
FHLC:
-0.01
FSPHX:
-0.59
FHLC:
1.00
FSPHX:
0.92
FHLC:
-0.07
FSPHX:
-0.30
FHLC:
-0.19
FSPHX:
-1.02
FHLC:
5.94%
FSPHX:
9.14%
FHLC:
14.66%
FSPHX:
18.03%
FHLC:
-28.76%
FSPHX:
-43.87%
FHLC:
-11.72%
FSPHX:
-27.30%
Returns By Period
In the year-to-date period, FHLC achieves a -0.46% return, which is significantly higher than FSPHX's -5.65% return. Over the past 10 years, FHLC has outperformed FSPHX with an annualized return of 7.86%, while FSPHX has yielded a comparatively lower 1.04% annualized return.
FHLC
-0.46%
-4.55%
-7.15%
-0.01%
7.27%
7.86%
FSPHX
-5.65%
-6.00%
-16.57%
-8.91%
-1.80%
1.04%
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FHLC vs. FSPHX - Expense Ratio Comparison
FHLC has a 0.08% expense ratio, which is lower than FSPHX's 0.69% expense ratio.
Risk-Adjusted Performance
FHLC vs. FSPHX — Risk-Adjusted Performance Rank
FHLC
FSPHX
FHLC vs. FSPHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Health Care Index ETF (FHLC) and Fidelity® Select Health Care Portfolio (FSPHX). 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
FHLC vs. FSPHX - Dividend Comparison
FHLC's dividend yield for the trailing twelve months is around 1.55%, more than FSPHX's 0.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHLC Fidelity MSCI Health Care Index ETF | 1.55% | 1.51% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% |
FSPHX Fidelity® Select Health Care Portfolio | 0.02% | 0.02% | 0.00% | 0.00% | 0.13% | 0.58% | 0.11% | 0.15% | 0.17% | 0.13% | 4.61% | 4.79% |
Drawdowns
FHLC vs. FSPHX - Drawdown Comparison
The maximum FHLC drawdown since its inception was -28.76%, smaller than the maximum FSPHX drawdown of -43.87%. Use the drawdown chart below to compare losses from any high point for FHLC and FSPHX. For additional features, visit the drawdowns tool.
Volatility
FHLC vs. FSPHX - Volatility Comparison
The current volatility for Fidelity MSCI Health Care Index ETF (FHLC) is 9.43%, while Fidelity® Select Health Care Portfolio (FSPHX) has a volatility of 9.99%. This indicates that FHLC experiences smaller price fluctuations and is considered to be less risky than FSPHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.