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FIDSX vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FIDSX vs. HDV

Last updated Jun 9, 2026

FIDSX (Fidelity Select Financial Services Portfolio) and HDV (iShares Core High Dividend ETF) are both funds - FIDSX is a Financials Equities fund managed by BlackRock, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 10 years, FIDSX returned 12.79%/yr vs 9.21%/yr for HDV. A 0.68 correlation means they provide meaningful diversification when combined. FIDSX charges 0.73%/yr vs 0.08%/yr for HDV.

Performance

FIDSX vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Financial Services Portfolio (FIDSX) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FIDSX achieves a -0.80% return, which is significantly lower than HDV's 13.23% return. Over the past 10 years, FIDSX has outperformed HDV with an annualized return of 12.79%, while HDV has yielded a comparatively lower 9.21% annualized return.

FIDSX

1D
0.26%
1M
1.23%
YTD
-0.80%
6M
-2.81%
1Y
3.28%
3Y*
19.48%
5Y*
8.96%
10Y*
12.79%

HDV

1D
-0.44%
1M
2.01%
YTD
13.23%
6M
14.65%
1Y
21.13%
3Y*
14.75%
5Y*
10.58%
10Y*
9.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FIDSX vs. HDV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FIDSX
Fidelity Select Financial Services Portfolio		-0.80%9.33%32.82%14.53%-8.19%33.13%1.22%34.25%-16.13%20.92%
HDV
iShares Core High Dividend ETF		13.23%11.90%14.16%1.72%7.05%19.45%-6.48%20.22%-3.01%13.40%

Correlation

The correlation between FIDSX and HDV is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.53

Correlation (5Y)
Calculated over the trailing 5-year period

0.63

Correlation (10Y)
Calculated over the trailing 10-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Apr 1, 2011

0.68

Over the past year, the correlation between FIDSX and HDV has dropped to 0.35 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.

FIDSX vs. HDV - Sectors Allocation Comparison

Sectors
FIDSX
HDV

Financial Services

98.6%
11.1%

Technology

1.4%
8.2%

Basic Materials

-

1.2%

Communication Services

-

0.1%

Consumer Cyclical

-

6.1%

Consumer Defensive

-

24.1%

Energy

-

22.3%

Healthcare

-

16.5%

Industrials

-

1.4%

Real Estate

-

-

Utilities

-

9.2%

Financial Services

FIDSX
98.6%
HDV
11.1%

Technology

FIDSX
1.4%
HDV
8.2%

Basic Materials

FIDSX

-

HDV
1.2%

Communication Services

FIDSX

-

HDV
0.1%

Consumer Cyclical

FIDSX

-

HDV
6.1%

Consumer Defensive

FIDSX

-

HDV
24.1%

Energy

FIDSX

-

HDV
22.3%

Healthcare

FIDSX

-

HDV
16.5%

Industrials

FIDSX

-

HDV
1.4%

Real Estate

FIDSX

-

HDV

-

Utilities

FIDSX

-

HDV
9.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Select Financial Services Portfolio

iShares Core High Dividend ETF

Often compared with FIDSX:
FIDSX vs. FNCLFIDSX vs. XLFFIDSX vs. FSRBXFIDSX vs. FSPCXFIDSX vs. SPYFIDSX vs. FXAIXFIDSX vs. VT
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

FIDSX vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FIDSX
FIDSX Risk / Return Rank: 55
Overall Rank
FIDSX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
FIDSX Sortino Ratio Rank: 55
Sortino Ratio Rank
FIDSX Omega Ratio Rank: 55
Omega Ratio Rank
FIDSX Calmar Ratio Rank: 55
Calmar Ratio Rank
FIDSX Martin Ratio Rank: 44
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 7575
Overall Rank
HDV Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 8181
Sortino Ratio Rank
HDV Omega Ratio Rank: 7070
Omega Ratio Rank
HDV Calmar Ratio Rank: 8484
Calmar Ratio Rank
HDV Martin Ratio Rank: 6868
Martin Ratio Rank
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.

FIDSX vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Financial Services Portfolio (FIDSX) and iShares Core High Dividend ETF (HDV). 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.

FIDSXHDVDifference
Sharpe ratioReturn per unit of total volatility
0.29
2.19

-1.90

Sortino ratioReturn per unit of downside risk
0.50
3.23

-2.74

Omega ratioGain probability vs. loss probability

1.07

1.38

-0.31

Calmar ratioReturn relative to maximum drawdown

0.30

4.10

-3.80

Martin ratioReturn relative to average drawdown

0.74

11.37

-10.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIDSX vs. HDV - Sharpe Ratio Comparison

The current FIDSX Sharpe Ratio is 0.29, which is lower than the HDV Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of FIDSX and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FIDSXHDVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.29

2.19

-1.90

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.43

0.83

-0.40

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.59

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.72

-0.24

Drawdowns

FIDSX vs. HDV - Drawdown Comparison

The maximum FIDSX drawdown since its inception was -74.26%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for FIDSX and HDV.

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Drawdown Indicators

FIDSXHDVDifference

Max Drawdown

Largest peak-to-trough decline

-74.26%

-37.04%

-37.22%

Max Drawdown (1Y)

Largest decline over 1 year

-16.60%

-5.18%

-11.42%

Max Drawdown (3Y)

Largest decline over 3 years

-19.44%

-10.49%

-8.95%

Max Drawdown (5Y)

Largest decline over 5 years

-24.49%

-15.42%

-9.07%

Max Drawdown (10Y)

Largest decline over 10 years

-45.48%

-37.04%

-8.44%

Current Drawdown

Current decline from peak

-7.73%

-2.08%

-5.65%

Average Drawdown

Average peak-to-trough decline

-13.95%

-3.09%

-10.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.76%

1.86%

+4.90%

Volatility

FIDSX vs. HDV - Volatility Comparison

Fidelity Select Financial Services Portfolio (FIDSX) has a higher volatility of 4.48% compared to iShares Core High Dividend ETF (HDV) at 3.08%. This indicates that FIDSX's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FIDSXHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.48%

3.08%

+1.40%

Volatility (6M)

Calculated over the trailing 6-month period

13.48%

7.51%

+5.97%

Volatility (1Y)

Calculated over the trailing 1-year period

17.14%

9.71%

+7.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.89%

12.82%

+8.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.68%

15.73%

+7.95%

FIDSX vs. HDV - Expense Ratio Comparison

FIDSX has a 0.73% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

FIDSX vs. HDV - Dividend Comparison

FIDSX's dividend yield for the trailing twelve months is around 1.46%, less than HDV's 2.89% yield.

PositionTTM20252024202320222021202020192018201720162015
FIDSX
Fidelity Select Financial Services Portfolio		1.46%1.70%6.03%3.01%11.32%4.12%5.86%5.57%12.89%4.22%1.00%0.70%
HDV
iShares Core High Dividend ETF		2.89%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%

Frequently Asked Questions

FIDSX and HDV have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FIDSX has higher volatility (4.48%) compared to HDV (3.08%). In terms of maximum drawdown, FIDSX dropped -74.26% vs HDV's -37.04%.

HDV currently has the higher Sharpe Ratio (2.19 vs 0.29), 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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