FIGB vs. FSELX
Compare and contrast key facts about Fidelity Investment Grade Bond ETF (FIGB) and Fidelity Select Semiconductors Portfolio (FSELX).
FIGB is an actively managed fund by Fidelity. It was launched on Mar 2, 2021. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIGB or FSELX.
Key characteristics
| FIGB | FSELX | |
|---|---|---|
| YTD Return | 5.24% | 31.34% |
| 1Y Return | 10.88% | 48.62% |
| 3Y Return (Ann) | -1.22% | 23.28% |
| Sharpe Ratio | 1.54 | 1.38 |
| Daily Std Dev | 7.18% | 35.56% |
| Max Drawdown | -18.08% | -81.70% |
| Current Drawdown | -3.98% | -15.85% |
Correlation
The correlation between FIGB and FSELX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FIGB vs. FSELX - Performance Comparison
In the year-to-date period, FIGB achieves a 5.24% return, which is significantly lower than FSELX's 31.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIGB vs. FSELX - Expense Ratio Comparison
FIGB has a 0.36% expense ratio, which is lower than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
FIGB vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Bond ETF (FIGB) 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.
Dividends
FIGB vs. FSELX - Dividend Comparison
FIGB's dividend yield for the trailing twelve months is around 4.03%, less than FSELX's 5.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIGB Fidelity Investment Grade Bond ETF | 4.03% | 3.79% | 2.44% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 5.34% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 16.31% | 3.48% | 0.61% |
Drawdowns
FIGB vs. FSELX - Drawdown Comparison
The maximum FIGB drawdown since its inception was -18.08%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FIGB and FSELX. For additional features, visit the drawdowns tool.
Volatility
FIGB vs. FSELX - Volatility Comparison
The current volatility for Fidelity Investment Grade Bond ETF (FIGB) is 1.24%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 13.45%. This indicates that FIGB 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.