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FSAVX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FSAVX vs. FSELX - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.77%
2.99%
FSAVX
FSELX

Returns By Period

In the year-to-date period, FSAVX achieves a 3.97% return, which is significantly lower than FSELX's 37.98% return. Over the past 10 years, FSAVX has underperformed FSELX with an annualized return of 3.44%, while FSELX has yielded a comparatively higher 18.04% annualized return.


FSAVX

YTD

3.97%

1M

3.44%

6M

3.84%

1Y

9.97%

5Y (annualized)

8.72%

10Y (annualized)

3.44%

FSELX

YTD

37.98%

1M

-4.48%

6M

5.09%

1Y

40.60%

5Y (annualized)

23.04%

10Y (annualized)

18.04%

Key characteristics


FSAVXFSELX
Sharpe Ratio0.531.13
Sortino Ratio0.851.65
Omega Ratio1.101.21
Calmar Ratio0.331.68
Martin Ratio1.484.77
Ulcer Index6.56%8.57%
Daily Std Dev18.37%36.04%
Max Drawdown-81.17%-81.70%
Current Drawdown-19.31%-11.60%

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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.


FSAVX
Fidelity Select Automotive Portfolio
Expense ratio chart for FSAVX: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.00.6

The correlation between FSAVX and FSELX is 0.61, 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.

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.


Sharpe ratio
The chart of Sharpe ratio for FSAVX, currently valued at 0.53, compared to the broader market-1.000.001.002.003.004.005.000.531.13
The chart of Sortino ratio for FSAVX, currently valued at 0.85, compared to the broader market0.005.0010.000.851.65
The chart of Omega ratio for FSAVX, currently valued at 1.10, compared to the broader market1.002.003.004.001.101.21
The chart of Calmar ratio for FSAVX, currently valued at 0.33, compared to the broader market0.005.0010.0015.0020.0025.000.331.68
The chart of Martin ratio for FSAVX, currently valued at 1.48, compared to the broader market0.0020.0040.0060.0080.00100.001.484.77
FSAVX
FSELX

The current FSAVX Sharpe Ratio is 0.53, which is lower than the FSELX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of FSAVX 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.

Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.53
1.13
FSAVX
FSELX

Dividends

FSAVX vs. FSELX - Dividend Comparison

FSAVX's dividend yield for the trailing twelve months is around 0.80%, more than FSELX's 0.07% yield.


TTM20232022202120202019201820172016201520142013
FSAVX
Fidelity Select Automotive Portfolio
0.80%0.86%0.71%0.45%0.02%1.34%1.29%0.53%1.47%7.10%26.08%1.83%
FSELX
Fidelity Select Semiconductors Portfolio
0.07%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%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.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-19.31%
-11.60%
FSAVX
FSELX

Volatility

FSAVX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select Automotive Portfolio (FSAVX) is 6.05%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.31%. 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.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.05%
9.31%
FSAVX
FSELX