FIATX vs. FSELX
FIATX (Fidelity Advisor International Capital Appreciation Fund Class M) and FSELX (Fidelity Select Semiconductors Portfolio) are both mutual funds - FIATX is a Foreign Large Cap Equities fund managed by Fidelity, while FSELX is a Semiconductors fund managed by Fidelity. Over the past 10 years, FIATX returned 9.64%/yr vs 39.01%/yr for FSELX. A 0.61 correlation means they provide meaningful diversification when combined. FIATX charges 1.49%/yr vs 0.68%/yr for FSELX.
Performance
FIATX vs. FSELX - Performance Comparison
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Returns By Period
In the year-to-date period, FIATX achieves a 9.37% return, which is significantly lower than FSELX's 83.08% return. Over the past 10 years, FIATX has underperformed FSELX with an annualized return of 9.64%, while FSELX has yielded a comparatively higher 39.01% annualized return.
FIATX
- 1D
- 0.17%
- 1M
- 2.61%
- YTD
- 9.37%
- 6M
- 11.25%
- 1Y
- 11.30%
- 3Y*
- 15.21%
- 5Y*
- 6.40%
- 10Y*
- 9.64%
FSELX
- 1D
- -1.79%
- 1M
- 20.74%
- YTD
- 83.08%
- 6M
- 79.03%
- 1Y
- 159.04%
- 3Y*
- 68.91%
- 5Y*
- 45.84%
- 10Y*
- 39.01%
FIATX vs. FSELX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIATX Fidelity Advisor International Capital Appreciation Fund Class M | 9.37% | 18.07% | 7.49% | 27.01% | -26.94% | 11.67% | 21.60% | 32.08% | -13.28% | 35.11% |
FSELX Fidelity Select Semiconductors Portfolio | 83.08% | 52.17% | 49.68% | 78.49% | -35.27% | 59.16% | 44.33% | 64.50% | -12.01% | 34.51% |
Correlation
The correlation between FIATX and FSELX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 1997 | 0.61 |
The correlation between FIATX and FSELX shifts across timeframes, from 0.61 (all time) to 0.72 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FIATX vs. FSELX — Risk / Return Rank
FIATX
FSELX
FIATX vs. FSELX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) 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.
| FIATX | FSELX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.16 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.66 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 11.04 | -10.21 |
| Martin ratioReturn relative to average drawdown | 3.12 | 42.36 | -39.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIATX | FSELX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 4.86 | -4.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 1.18 | -0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 1.12 | -0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.55 | -0.19 |
Drawdowns
FIATX vs. FSELX - Drawdown Comparison
The maximum FIATX drawdown since its inception was -68.05%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for FIATX and FSELX.
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Drawdown Indicators
| FIATX | FSELX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.05% | -82.54% | +14.49% |
Max Drawdown (1Y)Largest decline over 1 year | -14.52% | -14.38% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -16.30% | -36.31% | +20.01% |
Max Drawdown (5Y)Largest decline over 5 years | -37.53% | -46.37% | +8.84% |
Max Drawdown (10Y)Largest decline over 10 years | -37.53% | -46.37% | +8.84% |
Current DrawdownCurrent decline from peak | -0.51% | -1.79% | +1.28% |
Average DrawdownAverage peak-to-trough decline | -16.47% | -28.70% | +12.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 3.74% | +0.10% |
Volatility
FIATX vs. FSELX - Volatility Comparison
The current volatility for Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) is 6.52%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 12.23%. This indicates that FIATX 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.
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Volatility by Period
| FIATX | FSELX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.52% | 12.23% | -5.71% |
Volatility (6M)Calculated over the trailing 6-month period | 15.06% | 25.52% | -10.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.20% | 32.70% | -15.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.81% | 38.96% | -20.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 35.06% | -17.01% |
FIATX vs. FSELX - Expense Ratio Comparison
FIATX has a 1.49% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Dividends
FIATX vs. FSELX - Dividend Comparison
FIATX's dividend yield for the trailing twelve months is around 5.18%, less than FSELX's 8.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIATX Fidelity Advisor International Capital Appreciation Fund Class M | 5.18% | 5.66% | 0.35% | 0.00% | 0.00% | 3.67% | 0.00% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 8.95% | 11.11% | 7.97% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.44% | 3.82% | 15.22% |
Frequently Asked Questions
FIATX and FSELX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSELX has higher volatility (12.23%) compared to FIATX (6.52%). In terms of maximum drawdown, FIATX dropped -68.05% vs FSELX's -82.54%.
FSELX currently has the higher Sharpe Ratio (4.86 vs 0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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