FSCHX vs. FSPSX

Last updated Aug 1, 2026

FSCHX (Fidelity Select Chemicals Portfolio) and FSPSX (Fidelity International Index Fund) are both mutual funds - FSCHX is a Energy Equities fund managed by Fidelity, while FSPSX is a Foreign Large Cap Equities fund tracking the MSCI EAFE Index. Over the past 10 years, FSCHX returned 6.39%/yr vs 9.69%/yr for FSPSX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. FSCHX charges 0.74%/yr vs 0.04%/yr for FSPSX.

Performance

FSCHX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Chemicals Portfolio (FSCHX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSCHX achieves a 19.83% return, which is significantly higher than FSPSX's 12.57% return. Over the past 10 years, FSCHX has underperformed FSPSX with an annualized return of 6.39%, while FSPSX has yielded a comparatively higher 9.69% annualized return.

FSCHX

• 1D: 0.00%
• 1M: -3.95%
• 6M: 9.25%
• YTD: 19.83%
• 1Y: 16.44%
• 3Y*: 1.67%
• 5Y*: 2.28%
• 10Y*: 6.39%
• ALL TIME*: 11.73%

FSPSX

• 1D: 2.56%
• 1M: 1.98%
• 6M: 7.21%
• YTD: 12.57%
• 1Y: 26.28%
• 3Y*: 16.54%
• 5Y*: 9.66%
• 10Y*: 9.69%
• ALL TIME*: 8.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSCHX Fidelity Select Chemicals Portfolio	$0.00	$0.00	$0.00
FSPSX Fidelity International Index Fund	$0.00	$0.00	$0.00

FSCHX vs. FSPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCHX Fidelity Select Chemicals Portfolio	19.83%	-8.85%	-6.17%	12.80%	-13.81%	31.95%	17.52%	8.30%	-22.30%	31.63%
FSPSX Fidelity International Index Fund	12.57%	31.98%	3.70%	18.31%	-14.23%	11.45%	8.16%	22.03%	-13.55%	25.37%

Correlation

The correlation between FSCHX and FSPSX is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (3Y) Balances recent behavior with more history.	0.58
Correlation (5Y) Shows whether the relationship held over a longer period.	0.67
Correlation (10Y) Provides a long-term view across more market conditions.	0.67
Correlation (All Time) Calculated using the full available price history since Sep 8, 2011	0.69

The correlation between FSCHX and FSPSX shifts across timeframes, from 0.51 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FSCHX vs. FSPSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSCHX

FSCHX Risk / Return Rank: 24
FSCHX Sharpe Ratio Rank: 26
FSCHX Sortino Ratio Rank: 28
FSCHX Omega Ratio Rank: 25
FSCHX Calmar Ratio Rank: 23
FSCHX Martin Ratio Rank: 19

FSPSX

FSPSX Risk / Return Rank: 70
FSPSX Sharpe Ratio Rank: 72
FSPSX Sortino Ratio Rank: 70
FSPSX Omega Ratio Rank: 69
FSPSX Calmar Ratio Rank: 70
FSPSX Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSCHX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Chemicals Portfolio (FSCHX) and Fidelity International Index Fund (FSPSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSCHX	FSPSX	Difference
Sharpe ratio: Return per unit of total volatility	0.88	1.62	-0.74
Sortino ratio: Return per unit of downside risk	1.37	2.29	-0.92
Omega ratio: Gain probability vs. loss probability	1.16	1.29	-0.13
Calmar ratio: Return relative to maximum drawdown	1.06	2.20	-1.14
Martin ratio: Return relative to average drawdown	2.56	8.33	-5.77

FSCHX vs. FSPSX - Sharpe Ratio Comparison

The current FSCHX Sharpe Ratio is 0.88, which is lower than the FSPSX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FSCHX and FSPSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSCHX vs. FSPSX - Drawdown Comparison

The maximum FSCHX drawdown since its inception was -59.24%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FSCHX and FSPSX.

Drawdown Indicators

	FSCHX	FSPSX	Difference
Max Drawdown Largest peak-to-trough decline	-59.24%	-33.69%	-25.55%
Max Drawdown (1Y) Largest decline over 1 year	-13.98%	-11.39%	-2.59%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-13.58%	-13.80%
Max Drawdown (5Y) Largest decline over 5 years	-27.38%	-29.41%	+2.03%
Max Drawdown (10Y) Largest decline over 10 years	-51.75%	-33.69%	-18.06%
Current Drawdown Current decline from peak	-5.74%	0.00%	-5.74%
Average Drawdown Average peak-to-trough decline	-8.87%	-6.49%	-2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.76%	3.00%	+2.76%

Volatility

FSCHX vs. FSPSX - Volatility Comparison

Fidelity Select Chemicals Portfolio (FSCHX) has a higher volatility of 4.81% compared to Fidelity International Index Fund (FSPSX) at 4.57%. This indicates that FSCHX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCHX	FSPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	4.57%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	12.39%	13.22%	-0.83%
Volatility (1Y) Calculated over the trailing 1-year period	16.89%	15.52%	+1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.94%	16.12%	+3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.46%	16.29%	+6.17%

FSCHX vs. FSPSX - Expense Ratio Comparison

FSCHX has a 0.74% expense ratio, which is higher than FSPSX's 0.04% expense ratio.

Dividends

FSCHX vs. FSPSX - Dividend Comparison

FSCHX's dividend yield for the trailing twelve months is around 2.85%, more than FSPSX's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCHX Fidelity Select Chemicals Portfolio	2.85%	2.23%	8.27%	6.33%	11.44%	1.18%	1.10%	6.97%	15.01%	8.05%	4.75%	6.58%
FSPSX Fidelity International Index Fund	2.80%	3.15%	3.27%	2.79%	2.66%	3.07%	1.84%	3.18%	2.79%	2.50%	3.08%	2.79%

Frequently Asked Questions

Can I hold both FSCHX and FSPSX in my portfolio?

FSCHX and FSPSX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSCHX or FSPSX?

FSCHX has higher volatility (4.81%) compared to FSPSX (4.57%). In terms of maximum drawdown, FSCHX dropped -59.24% vs FSPSX's -33.69%.

Which has better risk-adjusted returns?

FSPSX currently has the higher Sharpe Ratio (1.62 vs 0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.