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FMSFX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FMSFX and FSELX is 0.03, 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.


-0.50.00.51.0
Correlation: 0.0

Performance

FMSFX vs. FSELX - Performance Comparison

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

0.00%2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%December2025FebruaryMarchAprilMay
536.48%
7,985.36%
FMSFX
FSELX

Key characteristics

Sharpe Ratio

FMSFX:

0.96

FSELX:

-0.19

Sortino Ratio

FMSFX:

1.43

FSELX:

0.05

Omega Ratio

FMSFX:

1.17

FSELX:

1.01

Calmar Ratio

FMSFX:

0.46

FSELX:

-0.22

Martin Ratio

FMSFX:

2.44

FSELX:

-0.57

Ulcer Index

FMSFX:

2.37%

FSELX:

15.21%

Daily Std Dev

FMSFX:

6.04%

FSELX:

46.47%

Max Drawdown

FMSFX:

-18.94%

FSELX:

-81.70%

Current Drawdown

FMSFX:

-6.80%

FSELX:

-27.93%

Returns By Period

In the year-to-date period, FMSFX achieves a 2.10% return, which is significantly higher than FSELX's -18.49% return. Over the past 10 years, FMSFX has underperformed FSELX with an annualized return of 0.87%, while FSELX has yielded a comparatively higher 14.20% annualized return.


FMSFX

YTD

2.10%

1M

-1.91%

6M

2.16%

1Y

5.79%

5Y*

-1.23%

10Y*

0.87%

FSELX

YTD

-18.49%

1M

17.38%

6M

-19.53%

1Y

-10.09%

5Y*

21.65%

10Y*

14.20%

*Annualized

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FMSFX vs. FSELX - Expense Ratio Comparison

FMSFX has a 0.45% expense ratio, which is lower than FSELX's 0.68% expense ratio.


Expense ratio chart for FSELX: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSELX: 0.68%
Expense ratio chart for FMSFX: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FMSFX: 0.45%

Risk-Adjusted Performance

FMSFX vs. FSELX — Risk-Adjusted Performance Rank

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

FMSFX
The Risk-Adjusted Performance Rank of FMSFX is 6363
Overall Rank
The Sharpe Ratio Rank of FMSFX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of FMSFX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of FMSFX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FMSFX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of FMSFX is 5757
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 99
Overall Rank
The Sharpe Ratio Rank of FSELX is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 1313
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 1313
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 55
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 66
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.

FMSFX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Mortgage Securities Fund (FMSFX) 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.


The chart of Sharpe ratio for FMSFX, currently valued at 0.96, compared to the broader market-2.00-1.000.001.002.003.00
FMSFX: 0.96
FSELX: -0.22
The chart of Sortino ratio for FMSFX, currently valued at 1.43, compared to the broader market-2.000.002.004.006.008.00
FMSFX: 1.43
FSELX: -0.00
The chart of Omega ratio for FMSFX, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.00
FMSFX: 1.17
FSELX: 1.00
The chart of Calmar ratio for FMSFX, currently valued at 0.46, compared to the broader market0.002.004.006.008.0010.00
FMSFX: 0.46
FSELX: -0.26
The chart of Martin ratio for FMSFX, currently valued at 2.44, compared to the broader market0.0010.0020.0030.0040.00
FMSFX: 2.44
FSELX: -0.66

The current FMSFX Sharpe Ratio is 0.96, which is higher than the FSELX Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of FMSFX 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 Ratio-0.500.000.501.001.50December2025FebruaryMarchAprilMay
0.96
-0.22
FMSFX
FSELX

Dividends

FMSFX vs. FSELX - Dividend Comparison

FMSFX's dividend yield for the trailing twelve months is around 3.88%, while FSELX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FMSFX
Fidelity Mortgage Securities Fund
3.88%4.13%3.50%1.90%0.47%1.54%2.63%2.57%2.61%2.34%2.31%2.52%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%

Drawdowns

FMSFX vs. FSELX - Drawdown Comparison

The maximum FMSFX drawdown since its inception was -18.94%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FMSFX and FSELX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-6.80%
-27.93%
FMSFX
FSELX

Volatility

FMSFX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Mortgage Securities Fund (FMSFX) is 2.41%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 26.61%. This indicates that FMSFX 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%25.00%December2025FebruaryMarchAprilMay
2.41%
26.61%
FMSFX
FSELX