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FPADX vs. FSELX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FPADX vs. FSELX - Performance Comparison

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

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FPADX vs. FSELX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FPADX
Fidelity Emerging Markets Index Fund
0.22%33.90%6.80%9.51%-20.06%-3.07%17.84%18.28%-14.65%35.16%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%52.17%49.68%78.49%-35.27%59.16%44.33%64.50%-12.01%34.51%

Returns By Period

Over the past 10 years, FPADX has underperformed FSELX with an annualized return of 7.51%, while FSELX has yielded a comparatively higher 31.42% annualized return.


FPADX

1D
-0.87%
1M
-12.34%
YTD
0.22%
6M
4.75%
1Y
29.14%
3Y*
14.61%
5Y*
3.41%
10Y*
7.51%

FSELX

1D
-4.27%
1M
-9.75%
YTD
0.00%
6M
7.40%
1Y
85.27%
3Y*
43.05%
5Y*
30.67%
10Y*
31.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FPADX vs. FSELX - Expense Ratio Comparison

FPADX has a 0.08% expense ratio, which is lower than FSELX's 0.68% expense ratio.


Return for Risk

FPADX vs. FSELX — Risk / Return Rank

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

FPADX
FPADX Risk / Return Rank: 8383
Overall Rank
FPADX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FPADX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FPADX Omega Ratio Rank: 8282
Omega Ratio Rank
FPADX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FPADX Martin Ratio Rank: 8181
Martin Ratio Rank

FSELX
FSELX Risk / Return Rank: 9494
Overall Rank
FSELX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FSELX Sortino Ratio Rank: 9292
Sortino Ratio Rank
FSELX Omega Ratio Rank: 8989
Omega Ratio Rank
FSELX Calmar Ratio Rank: 9898
Calmar Ratio Rank
FSELX Martin Ratio Rank: 9898
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.

FPADX vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Index Fund (FPADX) 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.


FPADXFSELXDifference

Sharpe ratio

Return per unit of total volatility

1.64

2.07

-0.43

Sortino ratio

Return per unit of downside risk

2.18

2.72

-0.54

Omega ratio

Gain probability vs. loss probability

1.32

1.38

-0.06

Calmar ratio

Return relative to maximum drawdown

1.98

4.58

-2.59

Martin ratio

Return relative to average drawdown

8.08

18.71

-10.63

FPADX vs. FSELX - Sharpe Ratio Comparison

The current FPADX Sharpe Ratio is 1.64, which is comparable to the FSELX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FPADX 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.


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Sharpe Ratios by Period


FPADXFSELXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.64

2.07

-0.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

0.80

-0.59

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.91

-0.48

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.49

-0.23

Correlation

The correlation between FPADX and FSELX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FPADX vs. FSELX - Dividend Comparison

FPADX's dividend yield for the trailing twelve months is around 2.35%, less than FSELX's 11.11% yield.


TTM20252024202320222021202020192018201720162015
FPADX
Fidelity Emerging Markets Index Fund
2.35%2.35%2.70%2.68%2.47%2.14%1.50%2.59%2.20%0.12%1.69%2.47%
FSELX
Fidelity Select Semiconductors Portfolio
11.11%11.11%7.97%7.20%6.69%6.99%8.13%3.36%26.80%14.44%3.82%15.22%

Drawdowns

FPADX vs. FSELX - Drawdown Comparison

The maximum FPADX drawdown since its inception was -39.16%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for FPADX and FSELX.


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Drawdown Indicators


FPADXFSELXDifference

Max Drawdown

Largest peak-to-trough decline

-39.16%

-82.54%

+43.38%

Max Drawdown (1Y)

Largest decline over 1 year

-13.28%

-17.23%

+3.95%

Max Drawdown (5Y)

Largest decline over 5 years

-37.04%

-46.37%

+9.33%

Max Drawdown (10Y)

Largest decline over 10 years

-39.16%

-46.37%

+7.21%

Current Drawdown

Current decline from peak

-13.28%

-14.38%

+1.10%

Average Drawdown

Average peak-to-trough decline

-13.39%

-28.82%

+15.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.26%

4.21%

-0.95%

Volatility

FPADX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Emerging Markets Index Fund (FPADX) is 8.84%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 10.47%. This indicates that FPADX 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.


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Volatility by Period


FPADXFSELXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.84%

10.47%

-1.63%

Volatility (6M)

Calculated over the trailing 6-month period

13.29%

24.91%

-11.62%

Volatility (1Y)

Calculated over the trailing 1-year period

17.59%

40.89%

-23.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.64%

38.58%

-21.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.60%

34.71%

-17.11%