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.
FMGAX vs. FSELX
Compare and contrast key facts about Fidelity Advisor Mortgage Securities Fund Class A (FMGAX) and Fidelity Select Semiconductors Portfolio (FSELX).
FMGAX is managed by Fidelity. It was launched on Mar 3, 1997. 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: FMGAX or FSELX.
Performance
FMGAX vs. FSELX - Performance Comparison
Loading data...
Key characteristics
FMGAX:
0.94
FSELX:
-0.02
FMGAX:
1.24
FSELX:
0.22
FMGAX:
1.15
FSELX:
1.03
FMGAX:
0.43
FSELX:
-0.10
FMGAX:
1.98
FSELX:
-0.26
FMGAX:
2.55%
FSELX:
14.05%
FMGAX:
5.99%
FSELX:
47.01%
FMGAX:
-19.21%
FSELX:
-81.70%
FMGAX:
-7.67%
FSELX:
-12.22%
Returns By Period
In the year-to-date period, FMGAX achieves a 1.91% return, which is significantly higher than FSELX's -4.43% return. Over the past 10 years, FMGAX has underperformed FSELX with an annualized return of 0.64%, while FSELX has yielded a comparatively higher 23.75% annualized return.
FMGAX
1.91%
-1.23%
0.35%
5.67%
0.48%
-1.38%
0.64%
FSELX
-4.43%
16.45%
-2.93%
-1.06%
27.55%
30.01%
23.75%
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.
Risk-Adjusted Performance
FMGAX vs. FSELX — Risk-Adjusted Performance Rank
FMGAX
FSELX
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.
Loading data...
Dividends
FMGAX vs. FSELX - Dividend Comparison
FMGAX's dividend yield for the trailing twelve months is around 3.88%, less than FSELX's 9.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMGAX Fidelity Advisor Mortgage Securities Fund Class A | 3.88% | 3.77% | 3.16% | 1.52% | 0.61% | 2.06% | 2.25% | 2.22% | 2.26% | 1.99% | 1.99% | 2.20% |
FSELX Fidelity Select Semiconductors Portfolio | 9.03% | 3.99% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 19.33% | 14.65% | 3.82% | 15.22% | 3.01% |
Drawdowns
FMGAX vs. FSELX - Drawdown Comparison
The maximum FMGAX drawdown since its inception was -19.21%, 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.
Loading data...
Volatility
FMGAX vs. FSELX - Volatility Comparison
The current volatility for Fidelity Advisor Mortgage Securities Fund Class A (FMGAX) is 1.69%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 10.26%. 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.
Loading data...