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

Correlation

The correlation between FSAVX and FZROX is 0.80, 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.


-0.50.00.51.00.8

Performance

FSAVX vs. FZROX - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
10.29%
9.95%
FSAVX
FZROX

Key characteristics

Sharpe Ratio

FSAVX:

0.44

FZROX:

2.10

Sortino Ratio

FSAVX:

0.73

FZROX:

2.79

Omega Ratio

FSAVX:

1.09

FZROX:

1.39

Calmar Ratio

FSAVX:

0.28

FZROX:

3.15

Martin Ratio

FSAVX:

1.22

FZROX:

13.39

Ulcer Index

FSAVX:

6.58%

FZROX:

2.02%

Daily Std Dev

FSAVX:

18.38%

FZROX:

12.88%

Max Drawdown

FSAVX:

-81.17%

FZROX:

-34.96%

Current Drawdown

FSAVX:

-18.00%

FZROX:

-3.08%

Returns By Period

In the year-to-date period, FSAVX achieves a 5.66% return, which is significantly lower than FZROX's 24.97% return.


FSAVX

YTD

5.66%

1M

1.93%

6M

10.29%

1Y

6.20%

5Y*

8.81%

10Y*

3.25%

FZROX

YTD

24.97%

1M

0.05%

6M

9.96%

1Y

25.61%

5Y*

14.18%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSAVX vs. FZROX - Expense Ratio Comparison

FSAVX has a 0.88% expense ratio, which is higher than FZROX's 0.00% 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 FZROX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FSAVX vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Automotive Portfolio (FSAVX) and Fidelity ZERO Total Market Index Fund (FZROX). 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 0.44, compared to the broader market-1.000.001.002.003.004.000.442.10
The chart of Sortino ratio for FSAVX, currently valued at 0.73, compared to the broader market-2.000.002.004.006.008.0010.000.732.79
The chart of Omega ratio for FSAVX, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.003.501.091.39
The chart of Calmar ratio for FSAVX, currently valued at 0.28, compared to the broader market0.002.004.006.008.0010.0012.0014.000.283.15
The chart of Martin ratio for FSAVX, currently valued at 1.22, compared to the broader market0.0020.0040.0060.001.2213.39
FSAVX
FZROX

The current FSAVX Sharpe Ratio is 0.44, which is lower than the FZROX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of FSAVX and FZROX, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.44
2.10
FSAVX
FZROX

Dividends

FSAVX vs. FZROX - Dividend Comparison

FSAVX has not paid dividends to shareholders, while FZROX's dividend yield for the trailing twelve months is around 1.17%.


TTM20232022202120202019201820172016201520142013
FSAVX
Fidelity Select Automotive Portfolio
0.00%0.86%0.71%0.45%0.02%1.34%1.29%0.53%1.47%7.10%26.08%1.83%
FZROX
Fidelity ZERO Total Market Index Fund
1.17%1.36%1.57%1.08%1.27%1.45%0.63%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FSAVX vs. FZROX - Drawdown Comparison

The maximum FSAVX drawdown since its inception was -81.17%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FSAVX and FZROX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.00%
-3.08%
FSAVX
FZROX

Volatility

FSAVX vs. FZROX - Volatility Comparison

Fidelity Select Automotive Portfolio (FSAVX) has a higher volatility of 5.35% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.03%. This indicates that FSAVX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.35%
4.03%
FSAVX
FZROX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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