PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FMGAX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FMGAX and FSELX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

FMGAX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mortgage Securities Fund Class A (FMGAX) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%AugustSeptemberOctoberNovemberDecember2025
-1.40%
-5.42%
FMGAX
FSELX

Key characteristics

Sharpe Ratio

FMGAX:

0.12

FSELX:

1.24

Sortino Ratio

FMGAX:

0.21

FSELX:

1.76

Omega Ratio

FMGAX:

1.02

FSELX:

1.22

Calmar Ratio

FMGAX:

0.05

FSELX:

1.85

Martin Ratio

FMGAX:

0.30

FSELX:

5.13

Ulcer Index

FMGAX:

2.50%

FSELX:

8.77%

Daily Std Dev

FMGAX:

6.36%

FSELX:

36.47%

Max Drawdown

FMGAX:

-19.83%

FSELX:

-81.70%

Current Drawdown

FMGAX:

-11.56%

FSELX:

-7.47%

Returns By Period

In the year-to-date period, FMGAX achieves a -1.36% return, which is significantly lower than FSELX's 0.57% return. Over the past 10 years, FMGAX has underperformed FSELX with an annualized return of 0.19%, while FSELX has yielded a comparatively higher 17.81% annualized return.


FMGAX

YTD

-1.36%

1M

-2.23%

6M

-1.40%

1Y

-0.69%

5Y*

-1.71%

10Y*

0.19%

FSELX

YTD

0.57%

1M

-2.22%

6M

-5.42%

1Y

45.63%

5Y*

22.35%

10Y*

17.81%

*Annualized

Compare stocks, funds, or ETFs

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


FMGAX vs. FSELX - Expense Ratio Comparison

FMGAX has a 0.79% expense ratio, which is higher than FSELX's 0.68% expense ratio.


FMGAX
Fidelity Advisor Mortgage Securities Fund Class A
Expense ratio chart for FMGAX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

FMGAX vs. FSELX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FMGAX
The Risk-Adjusted Performance Rank of FMGAX is 1717
Overall Rank
The Sharpe Ratio Rank of FMGAX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FMGAX is 1717
Sortino Ratio Rank
The Omega Ratio Rank of FMGAX is 1616
Omega Ratio Rank
The Calmar Ratio Rank of FMGAX is 1717
Calmar Ratio Rank
The Martin Ratio Rank of FMGAX is 1717
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 7878
Overall Rank
The Sharpe Ratio Rank of FSELX is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 7878
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 8686
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FMGAX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mortgage Securities Fund Class A (FMGAX) 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.


Sharpe ratio
The chart of Sharpe ratio for FMGAX, currently valued at 0.12, compared to the broader market-1.000.001.002.003.004.000.121.12
The chart of Sortino ratio for FMGAX, currently valued at 0.21, compared to the broader market0.002.004.006.008.0010.000.211.64
The chart of Omega ratio for FMGAX, currently valued at 1.02, compared to the broader market1.002.003.001.021.20
The chart of Calmar ratio for FMGAX, currently valued at 0.05, compared to the broader market0.005.0010.0015.000.051.67
The chart of Martin ratio for FMGAX, currently valued at 0.30, compared to the broader market0.0020.0040.0060.000.304.60
FMGAX
FSELX

The current FMGAX Sharpe Ratio is 0.12, which is lower than the FSELX Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FMGAX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
0.12
1.12
FMGAX
FSELX

Dividends

FMGAX vs. FSELX - Dividend Comparison

FMGAX's dividend yield for the trailing twelve months is around 3.54%, less than FSELX's 3.96% yield.


TTM20242023202220212020201920182017201620152014
FMGAX
Fidelity Advisor Mortgage Securities Fund Class A
3.54%3.49%3.16%1.52%0.28%1.20%2.25%2.22%2.26%1.99%1.93%2.17%
FSELX
Fidelity Select Semiconductors Portfolio
3.96%3.99%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%

Drawdowns

FMGAX vs. FSELX - Drawdown Comparison

The maximum FMGAX drawdown since its inception was -19.83%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FMGAX and FSELX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-11.56%
-7.47%
FMGAX
FSELX

Volatility

FMGAX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Advisor Mortgage Securities Fund Class A (FMGAX) is 1.46%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.41%. This indicates that FMGAX 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.


0.00%5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember2025
1.46%
9.41%
FMGAX
FSELX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2025 PortfoliosLab