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FSAGX vs. FIBUX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FSAGX vs. FIBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Gold Portfolio (FSAGX) and Fidelity Flex U.S. Bond Index Fund (FIBUX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FSAGX achieves a -10.86% return, which is significantly lower than FIBUX's -0.63% return.


FSAGX

1D
-0.39%
1M
-2.29%
6M
-28.59%
YTD
-10.86%
1Y
40.81%
3Y*
34.45%
5Y*
14.45%
10Y*
8.27%
ALL TIME*
6.46%

FIBUX

1D
-0.33%
1M
-1.42%
6M
-0.63%
YTD
-0.63%
1Y
3.00%
3Y*
3.81%
5Y*
-0.53%
10Y*
ALL TIME*
1.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

FSAGX vs. FIBUX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSAGX
Fidelity Select Gold Portfolio
-10.86%143.05%14.97%-0.37%-13.46%-10.44%26.83%35.50%-13.00%5.76%
FIBUX
Fidelity Flex U.S. Bond Index Fund
-0.63%7.20%1.31%5.46%-13.41%-2.16%7.08%8.58%0.12%3.81%

Correlation

The correlation between FSAGX and FIBUX is 0.24, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.24

Correlation (3Y)
Balances recent behavior with more history.

0.23

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.27

Correlation (All Time)
Calculated using the full available price history since Mar 9, 2017

0.26

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Return for Risk

FSAGX vs. FIBUX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSAGX
FSAGX Risk / Return Rank: 1919
Overall Rank
FSAGX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
FSAGX Sortino Ratio Rank: 2121
Sortino Ratio Rank
FSAGX Omega Ratio Rank: 2424
Omega Ratio Rank
FSAGX Calmar Ratio Rank: 1818
Calmar Ratio Rank
FSAGX Martin Ratio Rank: 1414
Martin Ratio Rank

FIBUX
FIBUX Risk / Return Rank: 1616
Overall Rank
FIBUX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
FIBUX Sortino Ratio Rank: 1616
Sortino Ratio Rank
FIBUX Omega Ratio Rank: 1515
Omega Ratio Rank
FIBUX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FIBUX Martin Ratio Rank: 1515
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSAGX vs. FIBUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Gold Portfolio (FSAGX) and Fidelity Flex U.S. Bond Index Fund (FIBUX). 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.


FSAGXFIBUXDifference
Sharpe ratioReturn per unit of total volatility

+0.11

Sortino ratioReturn per unit of downside risk

+0.22

Omega ratioGain probability vs. loss probability

1.17

1.12

+0.05

Calmar ratioReturn relative to maximum drawdown

0.98

0.90

+0.07

Martin ratioReturn relative to average drawdown

2.17

2.23

-0.06

FSAGX vs. FIBUX - Sharpe Ratio Comparison

The current FSAGX Sharpe Ratio is 0.80, which is comparable to the FIBUX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of FSAGX and FIBUX, 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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Drawdowns

FSAGX vs. FIBUX - Drawdown Comparison

The maximum FSAGX drawdown since its inception was -77.21%, which is greater than FIBUX's maximum drawdown of -19.76%. Use the drawdown chart below to compare losses from any high point for FSAGX and FIBUX.


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Drawdown Indicators


FSAGXFIBUXDifference

Max Drawdown

Largest peak-to-trough decline

-77.21%

-19.76%

-57.45%

Max Drawdown (1Y)

Largest decline over 1 year

-37.90%

-2.97%

-34.93%

Max Drawdown (3Y)

Largest decline over 3 years

-37.90%

-5.08%

-32.82%

Max Drawdown (5Y)

Largest decline over 5 years

-45.94%

-18.40%

-27.54%

Max Drawdown (10Y)

Largest decline over 10 years

-50.57%

Current Drawdown

Current decline from peak

-34.72%

-4.49%

-30.23%

Average Drawdown

Average peak-to-trough decline

-33.34%

-5.76%

-27.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.01%

1.20%

+15.81%

Volatility

FSAGX vs. FIBUX - Volatility Comparison

Fidelity Select Gold Portfolio (FSAGX) has a higher volatility of 11.61% compared to Fidelity Flex U.S. Bond Index Fund (FIBUX) at 0.99%. This indicates that FSAGX's price experiences larger fluctuations and is considered to be riskier than FIBUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSAGXFIBUXDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.61%

0.99%

+10.62%

Volatility (6M)

Calculated over the trailing 6-month period

38.36%

3.01%

+35.35%

Volatility (1Y)

Calculated over the trailing 1-year period

46.07%

3.91%

+42.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.48%

6.04%

+28.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.39%

5.09%

+28.30%

FSAGX vs. FIBUX - Expense Ratio Comparison

FSAGX has a 0.73% expense ratio, which is higher than FIBUX's 0.00% expense ratio.


Dividends

FSAGX vs. FIBUX - Dividend Comparison

FSAGX's dividend yield for the trailing twelve months is around 5.76%, more than FIBUX's 4.15% yield.


PositionTTM2025202420232022202120202019201820172016
FIBUX
Fidelity Flex U.S. Bond Index Fund
4.15%3.95%3.65%2.93%1.62%1.18%2.32%2.96%2.70%2.45%0.00%
FSAGX
Fidelity Select Gold Portfolio
5.76%2.17%3.62%0.99%0.36%1.60%4.40%0.40%0.00%0.22%3.57%

Frequently Asked Questions


FSAGX and FIBUX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FSAGX has higher volatility (11.61%) compared to FIBUX (0.99%). In terms of maximum drawdown, FSAGX dropped -77.21% vs FIBUX's -19.76%.

FSAGX currently has the higher Sharpe Ratio (0.80 vs 0.69), 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.

Portfolio Optimizer

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Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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