FSAVX vs. FSELX
Compare and contrast key facts about Fidelity Select Automotive Portfolio (FSAVX) and Fidelity Select Semiconductors Portfolio (FSELX).
FSAVX is managed by Fidelity Investments. It was launched on Jun 29, 1986. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSAVX or FSELX.
Key characteristics
| FSAVX | FSELX | |
|---|---|---|
| YTD Return | -1.42% | 29.90% |
| 1Y Return | -0.45% | 47.76% |
| 3Y Return (Ann) | -2.52% | 22.79% |
| 5Y Return (Ann) | 13.94% | 32.91% |
| 10Y Return (Ann) | 8.80% | 26.06% |
| Sharpe Ratio | -0.01 | 1.32 |
| Daily Std Dev | 18.90% | 35.58% |
| Max Drawdown | -81.17% | -81.70% |
| Current Drawdown | -21.93% | -16.78% |
Correlation
The correlation between FSAVX and FSELX is 0.62, 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.
Performance
FSAVX vs. FSELX - Performance Comparison
In the year-to-date period, FSAVX achieves a -1.42% return, which is significantly lower than FSELX's 29.90% return. Over the past 10 years, FSAVX has underperformed FSELX with an annualized return of 8.80%, while FSELX has yielded a comparatively higher 26.06% 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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FSAVX vs. FSELX - Expense Ratio Comparison
FSAVX has a 0.88% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
FSAVX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Automotive Portfolio (FSAVX) 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.
Dividends
FSAVX vs. FSELX - Dividend Comparison
FSAVX's dividend yield for the trailing twelve months is around 0.84%, less than FSELX's 5.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAVX Fidelity Select Automotive Portfolio | 0.84% | 0.86% | 2.61% | 2.58% | 8.57% | 4.08% | 8.17% | 15.51% | 7.13% | 16.22% | 26.08% | 1.83% |
FSELX Fidelity Select Semiconductors Portfolio | 5.40% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 16.31% | 3.48% | 0.61% |
Drawdowns
FSAVX vs. FSELX - Drawdown Comparison
The maximum FSAVX drawdown since its inception was -81.17%, roughly equal to the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FSAVX and FSELX. For additional features, visit the drawdowns tool.
Volatility
FSAVX vs. FSELX - Volatility Comparison
The current volatility for Fidelity Select Automotive Portfolio (FSAVX) is 5.44%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 13.22%. This indicates that FSAVX 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.