FPHAX vs. AAPL
FPHAX (Fidelity Select Pharmaceuticals Portfolio) is Health & Biotech Equities fund managed by Fidelity, while AAPL (Apple Inc) is a stock. Over the past 10 years, FPHAX returned 11.59%/yr vs 30.74%/yr for AAPL. At a 0.39 correlation, their price movements are largely independent.
Performance
FPHAX vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, FPHAX achieves a 11.23% return, which is significantly lower than AAPL's 20.78% return. Over the past 10 years, FPHAX has underperformed AAPL with an annualized return of 11.59%, while AAPL has yielded a comparatively higher 30.74% annualized return.
FPHAX
- 1D
- -1.99%
- 1M
- 2.69%
- 6M
- 9.95%
- YTD
- 11.23%
- 1Y
- 43.29%
- 3Y*
- 18.41%
- 5Y*
- 12.76%
- 10Y*
- 11.59%
- ALL TIME*
- 9.58%
AAPL
- 1D
- 0.35%
- 1M
- 9.98%
- 6M
- 33.10%
- YTD
- 20.78%
- 1Y
- 54.86%
- 3Y*
- 20.08%
- 5Y*
- 18.03%
- 10Y*
- 30.74%
- ALL TIME*
- 19.46%
FPHAX vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPHAX Fidelity Select Pharmaceuticals Portfolio | 11.23% | 30.41% | 9.39% | 12.54% | 0.94% | 11.79% | 11.16% | 31.73% | 5.41% | 10.70% |
AAPL Apple Inc | 20.78% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between FPHAX and AAPL is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2001 | 0.39 |
The correlation between FPHAX and AAPL shifts across timeframes, from 0.25 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FPHAX vs. AAPL — Risk / Return Rank
FPHAX
AAPL
FPHAX vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Pharmaceuticals Portfolio (FPHAX) and Apple Inc (AAPL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FPHAX | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.41 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.17 | 4.00 | +0.18 |
| Martin ratioReturn relative to average drawdown | 11.17 | 9.51 | +1.66 |
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Drawdowns
FPHAX vs. AAPL - Drawdown Comparison
The maximum FPHAX drawdown since its inception was -38.26%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for FPHAX and AAPL.
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Drawdown Indicators
| FPHAX | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.26% | -81.80% | +43.54% |
Max Drawdown (1Y)Largest decline over 1 year | -10.33% | -13.80% | +3.47% |
Max Drawdown (3Y)Largest decline over 3 years | -28.82% | -33.36% | +4.54% |
Max Drawdown (5Y)Largest decline over 5 years | -28.82% | -33.36% | +4.54% |
Max Drawdown (10Y)Largest decline over 10 years | -28.82% | -38.52% | +9.70% |
Current DrawdownCurrent decline from peak | -6.55% | -1.80% | -4.75% |
Average DrawdownAverage peak-to-trough decline | -9.14% | -29.54% | +20.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 5.79% | -1.94% |
Volatility
FPHAX vs. AAPL - Volatility Comparison
The current volatility for Fidelity Select Pharmaceuticals Portfolio (FPHAX) is 7.16%, while Apple Inc (AAPL) has a volatility of 10.61%. This indicates that FPHAX experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FPHAX | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 10.61% | -3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 15.16% | 19.31% | -4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.82% | 24.50% | -3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.31% | 27.79% | -9.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 29.08% | -11.17% |
Dividends
FPHAX vs. AAPL - Dividend Comparison
FPHAX's dividend yield for the trailing twelve months is around 5.00%, more than AAPL's 0.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.32% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
FPHAX Fidelity Select Pharmaceuticals Portfolio | 5.00% | 5.68% | 1.90% | 8.08% | 5.18% | 11.09% | 8.85% | 8.33% | 1.65% | 1.62% | 1.07% | 12.63% |
Frequently Asked Questions
FPHAX and AAPL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (10.61%) compared to FPHAX (7.16%). In terms of maximum drawdown, FPHAX dropped -38.26% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.25 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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