FSAGX vs. FTEC
Compare and contrast key facts about Fidelity Select Gold Portfolio (FSAGX) and Fidelity MSCI Information Technology Index ETF (FTEC).
FSAGX is managed by Fidelity. It was launched on Dec 15, 1985. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSAGX or FTEC.
Key characteristics
| FSAGX | FTEC | |
|---|---|---|
| YTD Return | 16.05% | 28.44% |
| 1Y Return | 28.38% | 36.91% |
| 3Y Return (Ann) | -2.54% | 12.38% |
| 5Y Return (Ann) | 4.86% | 22.72% |
| 10Y Return (Ann) | 4.92% | 20.63% |
| Sharpe Ratio | 0.99 | 1.77 |
| Sortino Ratio | 1.49 | 2.32 |
| Omega Ratio | 1.18 | 1.31 |
| Calmar Ratio | 0.44 | 2.44 |
| Martin Ratio | 4.05 | 8.78 |
| Ulcer Index | 6.86% | 4.23% |
| Daily Std Dev | 28.20% | 20.97% |
| Max Drawdown | -77.21% | -34.95% |
| Current Drawdown | -49.18% | -1.23% |
Correlation
The correlation between FSAGX and FTEC is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FSAGX vs. FTEC - Performance Comparison
In the year-to-date period, FSAGX achieves a 16.05% return, which is significantly lower than FTEC's 28.44% return. Over the past 10 years, FSAGX has underperformed FTEC with an annualized return of 4.92%, while FTEC has yielded a comparatively higher 20.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSAGX vs. FTEC - Expense Ratio Comparison
FSAGX has a 0.76% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
FSAGX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Gold Portfolio (FSAGX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
Dividends
FSAGX vs. FTEC - Dividend Comparison
FSAGX's dividend yield for the trailing twelve months is around 0.55%, less than FTEC's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAGX Fidelity Select Gold Portfolio | 0.55% | 0.99% | 0.36% | 1.59% | 4.40% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.61% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
FSAGX vs. FTEC - Drawdown Comparison
The maximum FSAGX drawdown since its inception was -77.21%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FSAGX and FTEC. For additional features, visit the drawdowns tool.
Volatility
FSAGX vs. FTEC - Volatility Comparison
Fidelity Select Gold Portfolio (FSAGX) has a higher volatility of 9.16% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 6.05%. This indicates that FSAGX's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.