FSCHX vs. FSRPX

Last updated Jun 24, 2026

FSCHX (Fidelity Select Chemicals Portfolio) and FSRPX (Fidelity Select Retailing Portfolio) are both mutual funds - FSCHX is a Energy Equities fund managed by Fidelity, while FSRPX is a Consumer Discretionary Equities fund managed by Fidelity. Over the past 10 years, FSCHX returned 6.71%/yr vs 12.54%/yr for FSRPX. A 0.63 correlation means they provide meaningful diversification when combined. FSCHX charges 0.74%/yr vs 0.72%/yr for FSRPX.

Performance

FSCHX vs. FSRPX - Performance Comparison

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

Returns By Period

In the year-to-date period, FSCHX achieves a 20.42% return, which is significantly higher than FSRPX's 1.89% return. Over the past 10 years, FSCHX has underperformed FSRPX with an annualized return of 6.71%, while FSRPX has yielded a comparatively higher 12.54% annualized return.

FSCHX

• 1D: 0.28%
• 1M: 1.94%
• YTD: 20.42%
• 6M: 20.30%
• 1Y: 15.45%
• 3Y*: 4.40%
• 5Y*: 2.55%
• 10Y*: 6.71%

FSRPX

• 1D: -1.78%
• 1M: -2.73%
• YTD: 1.89%
• 6M: -9.70%
• 1Y: -2.09%
• 3Y*: 10.94%
• 5Y*: 2.11%
• 10Y*: 12.54%

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

FSCHX vs. FSRPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCHX Fidelity Select Chemicals Portfolio	20.42%	-8.85%	-6.17%	12.80%	-13.81%	31.95%	17.52%	8.30%	-22.30%	31.63%
FSRPX Fidelity Select Retailing Portfolio	1.89%	-4.15%	23.28%	26.94%	-29.44%	18.25%	44.27%	26.33%	4.58%	25.55%

Correlation

The correlation between FSCHX and FSRPX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Dec 16, 1985	0.63

The correlation between FSCHX and FSRPX shifts across timeframes, from 0.54 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FSCHX vs. FSRPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSCHX

FSCHX Risk / Return Rank: 14
FSCHX Sharpe Ratio Rank: 15
FSCHX Sortino Ratio Rank: 17
FSCHX Omega Ratio Rank: 15
FSCHX Calmar Ratio Rank: 14
FSCHX Martin Ratio Rank: 11

FSRPX

FSRPX Risk / Return Rank: 2
FSRPX Sharpe Ratio Rank: 2
FSRPX Sortino Ratio Rank: 3
FSRPX Omega Ratio Rank: 3
FSRPX Calmar Ratio Rank: 2
FSRPX Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSCHX vs. FSRPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Chemicals Portfolio (FSCHX) and Fidelity Select Retailing Portfolio (FSRPX). 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	FSRPX	Difference
Sharpe ratio: Return per unit of total volatility	1.03	-0.06	+1.10
Sortino ratio: Return per unit of downside risk	1.57	0.05	+1.53
Omega ratio: Gain probability vs. loss probability	1.18	1.01	+0.18
Calmar ratio: Return relative to maximum drawdown	1.22	-0.07	+1.29
Martin ratio: Return relative to average drawdown	2.98	-0.16	+3.14

FSCHX vs. FSRPX - Sharpe Ratio Comparison

The current FSCHX Sharpe Ratio is 1.03, which is higher than the FSRPX Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of FSCHX and FSRPX, 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. FSRPX - Drawdown Comparison

The maximum FSCHX drawdown since its inception was -59.24%, which is greater than FSRPX's maximum drawdown of -55.75%. Use the drawdown chart below to compare losses from any high point for FSCHX and FSRPX.

Drawdown Indicators

	FSCHX	FSRPX	Difference
Max Drawdown Largest peak-to-trough decline	-59.24%	-55.75%	-3.49%
Max Drawdown (1Y) Largest decline over 1 year	-13.98%	-17.79%	+3.81%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-22.58%	-4.80%
Max Drawdown (5Y) Largest decline over 5 years	-27.38%	-39.01%	+11.63%
Max Drawdown (10Y) Largest decline over 10 years	-51.75%	-39.01%	-12.74%
Current Drawdown Current decline from peak	-5.28%	-11.49%	+6.21%
Average Drawdown Average peak-to-trough decline	-8.88%	-9.09%	+0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.73%	7.84%	-2.11%

Volatility

FSCHX vs. FSRPX - Volatility Comparison

The current volatility for Fidelity Select Chemicals Portfolio (FSCHX) is 4.91%, while Fidelity Select Retailing Portfolio (FSRPX) has a volatility of 5.44%. This indicates that FSCHX experiences smaller price fluctuations and is considered to be less risky than FSRPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCHX	FSRPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	5.44%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	12.11%	16.97%	-4.86%
Volatility (1Y) Calculated over the trailing 1-year period	16.61%	19.64%	-3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.95%	22.77%	-2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.50%	21.66%	+0.84%

FSCHX vs. FSRPX - Expense Ratio Comparison

FSCHX has a 0.74% expense ratio, which is higher than FSRPX's 0.72% expense ratio.

Dividends

FSCHX vs. FSRPX - Dividend Comparison

FSCHX's dividend yield for the trailing twelve months is around 2.84%, less than FSRPX's 6.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCHX Fidelity Select Chemicals Portfolio	2.84%	2.23%	8.27%	6.33%	11.44%	1.18%	1.10%	6.97%	15.01%	8.05%	4.75%	6.58%
FSRPX Fidelity Select Retailing Portfolio	6.73%	8.75%	12.41%	7.40%	2.90%	15.92%	6.82%	2.13%	2.17%	3.37%	0.14%	1.22%

Frequently Asked Questions

Can I hold both FSCHX and FSRPX in my portfolio?

FSCHX and FSRPX have a correlation of 0.54, 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 FSRPX?

FSRPX has higher volatility (5.44%) compared to FSCHX (4.91%). In terms of maximum drawdown, FSCHX dropped -59.24% vs FSRPX's -55.75%.

Which has better risk-adjusted returns?

FSCHX currently has the higher Sharpe Ratio (1.03 vs -0.06), 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.