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FNILX vs. FSCSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FNILX vs. FSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity ZERO Large Cap Index Fund (FNILX) and Fidelity Select Software & IT Services Portfolio (FSCSX). The values are adjusted to include any dividend payments, if applicable.

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FNILX vs. FSCSX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FNILX
Fidelity ZERO Large Cap Index Fund
-3.85%17.81%25.47%27.45%-19.37%26.67%21.13%31.79%-13.60%
FSCSX
Fidelity Select Software & IT Services Portfolio
-24.89%6.96%19.66%51.72%-29.13%18.13%45.55%38.99%-14.79%

Returns By Period

In the year-to-date period, FNILX achieves a -3.85% return, which is significantly higher than FSCSX's -24.89% return.


FNILX

1D
0.09%
1M
-4.09%
YTD
-3.85%
6M
-1.92%
1Y
23.41%
3Y*
18.73%
5Y*
11.70%
10Y*

FSCSX

1D
0.91%
1M
-5.11%
YTD
-24.89%
6M
-26.31%
1Y
-5.26%
3Y*
8.08%
5Y*
3.45%
10Y*
14.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FNILX vs. FSCSX - Expense Ratio Comparison

FNILX has a 0.00% expense ratio, which is lower than FSCSX's 0.67% expense ratio.


Return for Risk

FNILX vs. FSCSX — Risk / Return Rank

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

FNILX
FNILX Risk / Return Rank: 4444
Overall Rank
FNILX Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
FNILX Sortino Ratio Rank: 4141
Sortino Ratio Rank
FNILX Omega Ratio Rank: 4343
Omega Ratio Rank
FNILX Calmar Ratio Rank: 4545
Calmar Ratio Rank
FNILX Martin Ratio Rank: 5656
Martin Ratio Rank

FSCSX
FSCSX Risk / Return Rank: 22
Overall Rank
FSCSX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
FSCSX Sortino Ratio Rank: 22
Sortino Ratio Rank
FSCSX Omega Ratio Rank: 22
Omega Ratio Rank
FSCSX Calmar Ratio Rank: 22
Calmar Ratio Rank
FSCSX Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FNILX vs. FSCSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO Large Cap Index Fund (FNILX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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.


FNILXFSCSXDifference

Sharpe ratio

Return per unit of total volatility

0.95

-0.37

+1.31

Sortino ratio

Return per unit of downside risk

1.45

-0.34

+1.79

Omega ratio

Gain probability vs. loss probability

1.22

0.96

+0.26

Calmar ratio

Return relative to maximum drawdown

1.49

-0.29

+1.78

Martin ratio

Return relative to average drawdown

6.95

-0.79

+7.74

FNILX vs. FSCSX - Sharpe Ratio Comparison

The current FNILX Sharpe Ratio is 0.95, which is higher than the FSCSX Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of FNILX and FSCSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


FNILXFSCSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

-0.37

+1.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.14

+0.54

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.62

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

0.59

+0.07

Correlation

The correlation between FNILX and FSCSX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

FNILX vs. FSCSX - Dividend Comparison

FNILX's dividend yield for the trailing twelve months is around 1.05%, less than FSCSX's 20.50% yield.


TTM20252024202320222021202020192018201720162015
FNILX
Fidelity ZERO Large Cap Index Fund
1.05%1.01%1.09%1.34%1.53%0.95%1.20%1.17%0.53%0.00%0.00%0.00%
FSCSX
Fidelity Select Software & IT Services Portfolio
20.50%15.40%19.17%7.72%9.06%6.54%5.10%12.70%6.20%7.15%3.98%5.22%

Drawdowns

FNILX vs. FSCSX - Drawdown Comparison

The maximum FNILX drawdown since its inception was -33.76%, smaller than the maximum FSCSX drawdown of -64.66%. Use the drawdown chart below to compare losses from any high point for FNILX and FSCSX.


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Drawdown Indicators


FNILXFSCSXDifference

Max Drawdown

Largest peak-to-trough decline

-33.76%

-64.66%

+30.90%

Max Drawdown (1Y)

Largest decline over 1 year

-9.01%

-32.62%

+23.61%

Max Drawdown (5Y)

Largest decline over 5 years

-25.40%

-37.06%

+11.66%

Max Drawdown (10Y)

Largest decline over 10 years

-37.06%

Current Drawdown

Current decline from peak

-5.63%

-29.18%

+23.55%

Average Drawdown

Average peak-to-trough decline

-5.47%

-13.19%

+7.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.62%

12.14%

-9.52%

Volatility

FNILX vs. FSCSX - Volatility Comparison

The current volatility for Fidelity ZERO Large Cap Index Fund (FNILX) is 5.27%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 8.51%. This indicates that FNILX experiences smaller price fluctuations and is considered to be less risky than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FNILXFSCSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.27%

8.51%

-3.24%

Volatility (6M)

Calculated over the trailing 6-month period

9.60%

20.29%

-10.69%

Volatility (1Y)

Calculated over the trailing 1-year period

18.44%

28.42%

-9.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.25%

25.49%

-8.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.18%

24.07%

-3.89%