Correlation
The correlation between FIDSX and FSRBX is 0.72, 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.
FIDSX vs. FSRBX
Compare and contrast key facts about Fidelity Select Financial Services Portfolio (FIDSX) and Fidelity Select Banking Portfolio (FSRBX).
FIDSX is managed by Blackrock. It was launched on Dec 10, 1981. FSRBX is managed by Fidelity. It was launched on Jun 30, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDSX or FSRBX.
Performance
FIDSX vs. FSRBX - Performance Comparison
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Key characteristics
FIDSX:
1.16
FSRBX:
0.69
FIDSX:
1.65
FSRBX:
1.13
FIDSX:
1.24
FSRBX:
1.16
FIDSX:
1.35
FSRBX:
0.77
FIDSX:
4.95
FSRBX:
2.21
FIDSX:
5.29%
FSRBX:
9.10%
FIDSX:
22.98%
FSRBX:
29.89%
FIDSX:
-74.17%
FSRBX:
-76.75%
FIDSX:
-3.73%
FSRBX:
-12.37%
Returns By Period
In the year-to-date period, FIDSX achieves a 3.30% return, which is significantly higher than FSRBX's -3.35% return. Over the past 10 years, FIDSX has outperformed FSRBX with an annualized return of 11.48%, while FSRBX has yielded a comparatively lower 8.47% annualized return.
FIDSX
3.30%
6.42%
-2.64%
26.57%
15.22%
20.81%
11.48%
FSRBX
-3.35%
6.10%
-11.48%
20.55%
8.74%
17.73%
8.47%
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FIDSX vs. FSRBX - Expense Ratio Comparison
Both FIDSX and FSRBX have an expense ratio of 0.73%.
Risk-Adjusted Performance
FIDSX vs. FSRBX — Risk-Adjusted Performance Rank
FIDSX
FSRBX
FIDSX vs. FSRBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Financial Services Portfolio (FIDSX) and Fidelity Select Banking Portfolio (FSRBX). 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.
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Dividends
FIDSX vs. FSRBX - Dividend Comparison
FIDSX's dividend yield for the trailing twelve months is around 7.24%, more than FSRBX's 5.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDSX Fidelity Select Financial Services Portfolio | 7.24% | 6.03% | 3.01% | 11.32% | 4.12% | 5.86% | 5.57% | 13.10% | 4.26% | 1.00% | 1.63% | 1.86% |
FSRBX Fidelity Select Banking Portfolio | 5.90% | 4.49% | 5.35% | 6.12% | 3.36% | 8.63% | 5.90% | 32.73% | 2.57% | 0.76% | 5.64% | 4.51% |
Drawdowns
FIDSX vs. FSRBX - Drawdown Comparison
The maximum FIDSX drawdown since its inception was -74.17%, roughly equal to the maximum FSRBX drawdown of -76.75%. Use the drawdown chart below to compare losses from any high point for FIDSX and FSRBX.
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Volatility
FIDSX vs. FSRBX - Volatility Comparison
The current volatility for Fidelity Select Financial Services Portfolio (FIDSX) is 5.53%, while Fidelity Select Banking Portfolio (FSRBX) has a volatility of 7.20%. This indicates that FIDSX experiences smaller price fluctuations and is considered to be less risky than FSRBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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