Correlation
The correlation between FSAVX and FSKAX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
FSAVX vs. FSKAX
Compare and contrast key facts about Fidelity Select Automotive Portfolio (FSAVX) and Fidelity Total Market Index Fund (FSKAX).
FSAVX is managed by Fidelity Investments. It was launched on Jun 29, 1986. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSAVX or FSKAX.
Performance
FSAVX vs. FSKAX - Performance Comparison
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Key characteristics
FSAVX:
0.64
FSKAX:
0.69
FSAVX:
1.04
FSKAX:
1.00
FSAVX:
1.13
FSKAX:
1.14
FSAVX:
0.50
FSKAX:
0.64
FSAVX:
2.68
FSKAX:
2.39
FSAVX:
5.22%
FSKAX:
5.20%
FSAVX:
22.62%
FSKAX:
20.16%
FSAVX:
-81.23%
FSKAX:
-35.01%
FSAVX:
-12.30%
FSKAX:
-3.94%
Returns By Period
In the year-to-date period, FSAVX achieves a 4.33% return, which is significantly higher than FSKAX's 0.53% return. Over the past 10 years, FSAVX has underperformed FSKAX with an annualized return of 8.79%, while FSKAX has yielded a comparatively higher 12.12% annualized return.
FSAVX
4.33%
5.97%
3.47%
14.41%
7.90%
15.26%
8.79%
FSKAX
0.53%
6.40%
-2.49%
13.87%
13.74%
15.26%
12.12%
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FSAVX vs. FSKAX - Expense Ratio Comparison
FSAVX has a 0.88% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
FSAVX vs. FSKAX — Risk-Adjusted Performance Rank
FSAVX
FSKAX
FSAVX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Automotive Portfolio (FSAVX) and Fidelity Total Market Index Fund (FSKAX). 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.
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Dividends
FSAVX vs. FSKAX - Dividend Comparison
FSAVX's dividend yield for the trailing twelve months is around 0.81%, less than FSKAX's 1.09% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAVX Fidelity Select Automotive Portfolio | 0.81% | 0.85% | 0.86% | 2.61% | 2.58% | 8.57% | 4.08% | 8.17% | 15.51% | 7.13% | 16.06% | 25.25% |
FSKAX Fidelity Total Market Index Fund | 1.09% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.33% | 2.43% | 2.49% | 1.63% |
Drawdowns
FSAVX vs. FSKAX - Drawdown Comparison
The maximum FSAVX drawdown since its inception was -81.23%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FSAVX and FSKAX.
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Volatility
FSAVX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Select Automotive Portfolio (FSAVX) is 4.29%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.92%. This indicates that FSAVX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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