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

Correlation

The correlation between FSAVX and NVDA is 0.46, 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.


-0.50.00.51.00.5

Performance

FSAVX vs. NVDA - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.29%
6.44%
FSAVX
NVDA

Key characteristics

Sharpe Ratio

FSAVX:

0.44

NVDA:

3.44

Sortino Ratio

FSAVX:

0.73

NVDA:

3.64

Omega Ratio

FSAVX:

1.09

NVDA:

1.46

Calmar Ratio

FSAVX:

0.28

NVDA:

6.66

Martin Ratio

FSAVX:

1.22

NVDA:

20.59

Ulcer Index

FSAVX:

6.58%

NVDA:

8.74%

Daily Std Dev

FSAVX:

18.38%

NVDA:

52.29%

Max Drawdown

FSAVX:

-81.17%

NVDA:

-89.73%

Current Drawdown

FSAVX:

-18.00%

NVDA:

-9.52%

Returns By Period

In the year-to-date period, FSAVX achieves a 5.66% return, which is significantly lower than NVDA's 172.06% return. Over the past 10 years, FSAVX has underperformed NVDA with an annualized return of 3.25%, while NVDA has yielded a comparatively higher 75.35% annualized return.


FSAVX

YTD

5.66%

1M

1.93%

6M

10.29%

1Y

6.20%

5Y*

8.81%

10Y*

3.25%

NVDA

YTD

172.06%

1M

-7.66%

6M

6.44%

1Y

175.01%

5Y*

86.75%

10Y*

75.35%

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Risk-Adjusted Performance

FSAVX vs. NVDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Automotive Portfolio (FSAVX) and NVIDIA Corporation (NVDA). 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-1.000.001.002.003.004.000.443.44
The chart of Sortino ratio for FSAVX, currently valued at 0.73, compared to the broader market-2.000.002.004.006.008.0010.000.733.64
The chart of Omega ratio for FSAVX, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.003.501.091.46
The chart of Calmar ratio for FSAVX, currently valued at 0.28, compared to the broader market0.002.004.006.008.0010.0012.0014.000.286.66
The chart of Martin ratio for FSAVX, currently valued at 1.22, compared to the broader market0.0020.0040.0060.001.2220.59
FSAVX
NVDA

The current FSAVX Sharpe Ratio is 0.44, which is lower than the NVDA Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of FSAVX and NVDA, 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-1.000.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
0.44
3.44
FSAVX
NVDA

Dividends

FSAVX vs. NVDA - Dividend Comparison

FSAVX has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.


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%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%

Drawdowns

FSAVX vs. NVDA - Drawdown Comparison

The maximum FSAVX drawdown since its inception was -81.17%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for FSAVX and NVDA. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.00%
-9.52%
FSAVX
NVDA

Volatility

FSAVX vs. NVDA - Volatility Comparison

The current volatility for Fidelity Select Automotive Portfolio (FSAVX) is 5.35%, while NVIDIA Corporation (NVDA) has a volatility of 10.07%. This indicates that FSAVX experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
5.35%
10.07%
FSAVX
NVDA
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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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