FIDSX vs. SPY
Compare and contrast key facts about Fidelity Select Financial Services Portfolio (FIDSX) and SPDR S&P 500 ETF (SPY).
FIDSX is managed by Blackrock. It was launched on Dec 10, 1981. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDSX or SPY.
Correlation
The correlation between FIDSX and SPY is 0.80, 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
FIDSX vs. SPY - Performance Comparison
Key characteristics
FIDSX:
1.46
SPY:
2.01
FIDSX:
2.12
SPY:
2.70
FIDSX:
1.28
SPY:
1.37
FIDSX:
2.32
SPY:
3.01
FIDSX:
8.63
SPY:
13.11
FIDSX:
2.94%
SPY:
1.93%
FIDSX:
17.35%
SPY:
12.56%
FIDSX:
-73.84%
SPY:
-55.19%
FIDSX:
-10.91%
SPY:
-3.49%
Returns By Period
In the year-to-date period, FIDSX achieves a -0.34% return, which is significantly lower than SPY's -0.25% return. Over the past 10 years, FIDSX has underperformed SPY with an annualized return of 10.94%, while SPY has yielded a comparatively higher 13.21% annualized return.
FIDSX
-0.34%
-9.88%
14.48%
26.94%
12.28%
10.94%
SPY
-0.25%
-2.87%
6.70%
26.31%
14.40%
13.21%
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FIDSX vs. SPY - Expense Ratio Comparison
FIDSX has a 0.73% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FIDSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Financial Services Portfolio (FIDSX) and SPDR S&P 500 ETF (SPY). 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
FIDSX vs. SPY - Dividend Comparison
FIDSX's dividend yield for the trailing twelve months is around 0.27%, less than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDSX Fidelity Select Financial Services Portfolio | 0.27% | 0.27% | 2.08% | 2.17% | 1.97% | 2.04% | 1.45% | 1.61% | 0.63% | 1.00% | 0.92% | 1.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FIDSX vs. SPY - Drawdown Comparison
The maximum FIDSX drawdown since its inception was -73.84%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FIDSX and SPY. For additional features, visit the drawdowns tool.
Volatility
FIDSX vs. SPY - Volatility Comparison
Fidelity Select Financial Services Portfolio (FIDSX) has a higher volatility of 6.50% compared to SPDR S&P 500 ETF (SPY) at 4.15%. This indicates that FIDSX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.