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

Correlation

The correlation between FMSFX and FSELX is -0.03. 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.


-0.50.00.51.0-0.0

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.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%AugustSeptemberOctoberNovemberDecember2025
-1.24%
-5.42%
FMSFX
FSELX

Key characteristics

Sharpe Ratio

FMSFX:

0.14

FSELX:

1.24

Sortino Ratio

FMSFX:

0.23

FSELX:

1.76

Omega Ratio

FMSFX:

1.03

FSELX:

1.22

Calmar Ratio

FMSFX:

0.06

FSELX:

1.85

Martin Ratio

FMSFX:

0.35

FSELX:

5.13

Ulcer Index

FMSFX:

2.46%

FSELX:

8.77%

Daily Std Dev

FMSFX:

6.41%

FSELX:

36.47%

Max Drawdown

FMSFX:

-18.94%

FSELX:

-81.70%

Current Drawdown

FMSFX:

-10.23%

FSELX:

-7.47%

Returns By Period

In the year-to-date period, FMSFX achieves a -1.35% return, which is significantly lower than FSELX's 0.57% return. Over the past 10 years, FMSFX has underperformed FSELX with an annualized return of 0.54%, while FSELX has yielded a comparatively higher 17.81% annualized return.


FMSFX

YTD

-1.35%

1M

-2.22%

6M

-1.24%

1Y

-0.35%

5Y*

-1.38%

10Y*

0.54%

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.


FMSFX vs. FSELX - Expense Ratio Comparison

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


FSELX
Fidelity Select Semiconductors Portfolio
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%
Expense ratio chart for FMSFX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%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 1818
Overall Rank
The Sharpe Ratio Rank of FMSFX is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of FMSFX is 1818
Sortino Ratio Rank
The Omega Ratio Rank of FMSFX is 1717
Omega Ratio Rank
The Calmar Ratio Rank of FMSFX is 1818
Calmar Ratio Rank
The Martin Ratio Rank of FMSFX is 1818
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.

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.


Sharpe ratio
The chart of Sharpe ratio for FMSFX, currently valued at 0.14, compared to the broader market-1.000.001.002.003.004.000.141.24
The chart of Sortino ratio for FMSFX, currently valued at 0.23, compared to the broader market0.002.004.006.008.0010.000.231.76
The chart of Omega ratio for FMSFX, currently valued at 1.03, compared to the broader market1.002.003.001.031.22
The chart of Calmar ratio for FMSFX, currently valued at 0.06, compared to the broader market0.005.0010.0015.000.061.84
The chart of Martin ratio for FMSFX, currently valued at 0.35, compared to the broader market0.0020.0040.0060.000.355.10
FMSFX
FSELX

The current FMSFX Sharpe Ratio is 0.14, which is lower than the FSELX Sharpe Ratio of 1.24. 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 Ratio0.000.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
0.14
1.24
FMSFX
FSELX

Dividends

FMSFX vs. FSELX - Dividend Comparison

FMSFX's dividend yield for the trailing twelve months is around 3.87%, less than FSELX's 3.96% yield.


TTM20242023202220212020201920182017201620152014
FMSFX
Fidelity Mortgage Securities Fund
3.87%3.82%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
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

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-10.23%
-7.47%
FMSFX
FSELX

Volatility

FMSFX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Mortgage Securities Fund (FMSFX) is 1.57%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.41%. 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%AugustSeptemberOctoberNovemberDecember2025
1.57%
9.41%
FMSFX
FSELX
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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.

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