FIUIX vs. FWRLX
FIUIX (Fidelity Telecom and Utilities Fund) and FWRLX (Fidelity Select Wireless Portfolio) are both mutual funds - FIUIX is a Utilities Equities fund managed by Fidelity, while FWRLX is a Communications Equities fund managed by Fidelity. Over the past 10 years, FIUIX returned 8.52%/yr vs 12.77%/yr for FWRLX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. FIUIX charges 0.68%/yr vs 0.77%/yr for FWRLX.
Performance
FIUIX vs. FWRLX - Performance Comparison
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Returns By Period
In the year-to-date period, FIUIX achieves a 2.07% return, which is significantly lower than FWRLX's 22.25% return. Over the past 10 years, FIUIX has underperformed FWRLX with an annualized return of 8.52%, while FWRLX has yielded a comparatively higher 12.77% annualized return.
FIUIX
- 1D
- 0.06%
- 1M
- -2.57%
- 6M
- 0.23%
- YTD
- 2.07%
- 1Y
- -4.20%
- 3Y*
- 13.56%
- 5Y*
- 9.54%
- 10Y*
- 8.52%
- ALL TIME*
- 9.02%
FWRLX
- 1D
- 1.06%
- 1M
- -4.53%
- 6M
- 19.05%
- YTD
- 22.25%
- 1Y
- 22.14%
- 3Y*
- 16.34%
- 5Y*
- 6.25%
- 10Y*
- 12.77%
- ALL TIME*
- 6.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FIUIX vs. FWRLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIUIX Fidelity Telecom and Utilities Fund | 2.07% | 4.91% | 30.29% | 3.37% | 5.00% | 7.18% | 2.08% | 22.09% | 3.33% | 11.98% |
FWRLX Fidelity Select Wireless Portfolio | 22.25% | 2.20% | 17.12% | 25.97% | -27.86% | 12.15% | 33.39% | 40.17% | -6.37% | 24.87% |
Correlation
The correlation between FIUIX and FWRLX is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.54 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2000 | 0.66 |
Over the past year, the correlation between FIUIX and FWRLX has dropped to 0.39 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
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Return for Risk
FIUIX vs. FWRLX — Risk / Return Rank
FIUIX
FWRLX
FIUIX vs. FWRLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Telecom and Utilities Fund (FIUIX) and Fidelity Select Wireless Portfolio (FWRLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIUIX | FWRLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.20 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 1.35 | -1.67 |
| Martin ratioReturn relative to average drawdown | -0.69 | 4.25 | -4.94 |
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Drawdowns
FIUIX vs. FWRLX - Drawdown Comparison
The maximum FIUIX drawdown since its inception was -66.48%, smaller than the maximum FWRLX drawdown of -79.37%. Use the drawdown chart below to compare losses from any high point for FIUIX and FWRLX.
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Drawdown Indicators
| FIUIX | FWRLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.48% | -79.37% | +12.89% |
Max Drawdown (1Y)Largest decline over 1 year | -13.84% | -14.69% | +0.85% |
Max Drawdown (3Y)Largest decline over 3 years | -13.84% | -15.81% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -16.64% | -32.01% | +15.37% |
Max Drawdown (10Y)Largest decline over 10 years | -33.51% | -32.01% | -1.50% |
Current DrawdownCurrent decline from peak | -10.16% | -13.79% | +3.63% |
Average DrawdownAverage peak-to-trough decline | -11.73% | -20.33% | +8.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.20% | 4.67% | +1.53% |
Volatility
FIUIX vs. FWRLX - Volatility Comparison
The current volatility for Fidelity Telecom and Utilities Fund (FIUIX) is 4.06%, while Fidelity Select Wireless Portfolio (FWRLX) has a volatility of 5.51%. This indicates that FIUIX experiences smaller price fluctuations and is considered to be less risky than FWRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIUIX | FWRLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 5.51% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 11.48% | 15.95% | -4.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.76% | 18.83% | -3.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.97% | 18.76% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.19% | 18.52% | -1.33% |
FIUIX vs. FWRLX - Expense Ratio Comparison
FIUIX has a 0.68% expense ratio, which is lower than FWRLX's 0.77% expense ratio.
Dividends
FIUIX vs. FWRLX - Dividend Comparison
FIUIX's dividend yield for the trailing twelve months is around 3.17%, more than FWRLX's 1.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIUIX Fidelity Telecom and Utilities Fund | 3.17% | 2.34% | 6.50% | 7.60% | 3.77% | 5.19% | 3.73% | 6.88% | 10.10% | 5.99% | 3.33% | 3.65% |
FWRLX Fidelity Select Wireless Portfolio | 1.43% | 6.59% | 9.06% | 2.38% | 9.26% | 7.53% | 6.95% | 2.74% | 16.03% | 3.57% | 6.57% | 7.21% |
Frequently Asked Questions
FIUIX and FWRLX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FWRLX has higher volatility (5.51%) compared to FIUIX (4.06%). In terms of maximum drawdown, FIUIX dropped -66.48% vs FWRLX's -79.37%.
FWRLX currently has the higher Sharpe Ratio (1.06 vs -0.27), 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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