FSCHX vs. IYM
FSCHX (Fidelity Select Chemicals Portfolio) and IYM (iShares U.S. Basic Materials ETF) are both funds - FSCHX is a Energy Equities fund managed by Fidelity, while IYM is a Materials fund tracking the Dow Jones U.S. Basic Materials Index. Over the past 10 years, FSCHX returned 6.02%/yr vs 11.03%/yr for IYM. Their correlation of 0.90 suggests significant overlap in exposure. FSCHX charges 0.74%/yr vs 0.42%/yr for IYM.
Performance
FSCHX vs. IYM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSCHX achieves a 16.34% return, which is significantly lower than IYM's 22.06% return. Over the past 10 years, FSCHX has underperformed IYM with an annualized return of 6.02%, while IYM has yielded a comparatively higher 11.03% annualized return.
FSCHX
- 1D
- 0.29%
- 1M
- -1.86%
- YTD
- 16.34%
- 6M
- 17.09%
- 1Y
- 10.23%
- 3Y*
- 2.91%
- 5Y*
- 0.57%
- 10Y*
- 6.02%
IYM
- 1D
- -0.03%
- 1M
- 4.69%
- YTD
- 22.06%
- 6M
- 26.46%
- 1Y
- 38.20%
- 3Y*
- 15.92%
- 5Y*
- 7.81%
- 10Y*
- 11.03%
FSCHX vs. IYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSCHX Fidelity Select Chemicals Portfolio | 16.34% | -8.85% | -6.17% | 12.80% | -13.81% | 31.95% | 17.52% | 8.30% | -22.30% | 31.63% |
IYM iShares U.S. Basic Materials ETF | 22.06% | 20.41% | -4.54% | 12.83% | -9.15% | 25.62% | 17.87% | 19.22% | -16.63% | 24.83% |
Correlation
The correlation between FSCHX and IYM is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2000 | 0.90 |
The correlation between FSCHX and IYM shifts across timeframes, from 0.80 (1 year) to 0.93 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSCHX vs. IYM — Risk / Return Rank
FSCHX
IYM
FSCHX vs. IYM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Chemicals Portfolio (FSCHX) and iShares U.S. Basic Materials ETF (IYM). 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.
| FSCHX | IYM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.34 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.82 | -2.00 |
| Martin ratioReturn relative to average drawdown | 2.00 | 10.73 | -8.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FSCHX | IYM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 2.06 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.39 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.51 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.34 | +0.23 |
Drawdowns
FSCHX vs. IYM - Drawdown Comparison
The maximum FSCHX drawdown since its inception was -59.24%, smaller than the maximum IYM drawdown of -67.78%. Use the drawdown chart below to compare losses from any high point for FSCHX and IYM.
Loading charts...
Drawdown Indicators
| FSCHX | IYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.24% | -67.78% | +8.54% |
Max Drawdown (1Y)Largest decline over 1 year | -13.98% | -13.61% | -0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -27.38% | -23.62% | -3.76% |
Max Drawdown (5Y)Largest decline over 5 years | -27.38% | -29.94% | +2.56% |
Max Drawdown (10Y)Largest decline over 10 years | -51.75% | -42.76% | -8.99% |
Current DrawdownCurrent decline from peak | -8.48% | -0.88% | -7.60% |
Average DrawdownAverage peak-to-trough decline | -8.88% | -11.46% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.73% | 3.57% | +2.16% |
Volatility
FSCHX vs. IYM - Volatility Comparison
The current volatility for Fidelity Select Chemicals Portfolio (FSCHX) is 4.98%, while iShares U.S. Basic Materials ETF (IYM) has a volatility of 6.51%. This indicates that FSCHX experiences smaller price fluctuations and is considered to be less risky than IYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSCHX | IYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 6.51% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 11.84% | 14.86% | -3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.36% | 18.67% | -2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.94% | 20.38% | -0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.46% | 21.70% | +0.76% |
FSCHX vs. IYM - Expense Ratio Comparison
FSCHX has a 0.74% expense ratio, which is higher than IYM's 0.42% expense ratio.
Dividends
FSCHX vs. IYM - Dividend Comparison
FSCHX's dividend yield for the trailing twelve months is around 2.94%, more than IYM's 1.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCHX Fidelity Select Chemicals Portfolio | 2.94% | 2.23% | 8.27% | 6.33% | 11.44% | 1.18% | 1.10% | 6.97% | 15.01% | 8.05% | 4.75% | 6.58% |
IYM iShares U.S. Basic Materials ETF | 1.24% | 1.51% | 1.65% | 1.77% | 2.14% | 1.48% | 1.39% | 2.08% | 1.68% | 1.43% | 1.47% | 2.04% |
Frequently Asked Questions
FSCHX and IYM have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYM has higher volatility (6.51%) compared to FSCHX (4.98%). In terms of maximum drawdown, FSCHX dropped -59.24% vs IYM's -67.78%.
IYM currently has the higher Sharpe Ratio (2.06 vs 0.70), 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.
Find the right allocation for FSCHX and IYM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer