FSCPX vs. FFGCX

Last updated Jul 11, 2026

FSCPX (Fidelity Select Consumer Discretionary Portfolio) and FFGCX (Fidelity Global Commodity Stock Fund) are both mutual funds - FSCPX is a Consumer Discretionary Equities fund managed by Fidelity, while FFGCX is a Commodities fund managed by Fidelity. Over the past 10 years, FSCPX returned 11.95%/yr vs 11.80%/yr for FFGCX. A 0.56 correlation means they provide meaningful diversification when combined. FSCPX charges 0.76%/yr vs 0.94%/yr for FFGCX.

Performance

FSCPX vs. FFGCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Consumer Discretionary Portfolio (FSCPX) and Fidelity Global Commodity Stock Fund (FFGCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSCPX achieves a -0.39% return, which is significantly lower than FFGCX's 13.85% return. Both investments have delivered pretty close results over the past 10 years, with FSCPX having a 11.95% annualized return and FFGCX not far behind at 11.80%.

FSCPX

• 1D: 1.46%
• 1M: -0.77%
• 6M: -5.53%
• YTD: -0.39%
• 1Y: 8.24%
• 3Y*: 13.78%
• 5Y*: 5.20%
• 10Y*: 11.95%

FFGCX

• 1D: -0.58%
• 1M: -5.94%
• 6M: 9.25%
• YTD: 13.85%
• 1Y: 30.30%
• 3Y*: 15.85%
• 5Y*: 12.43%
• 10Y*: 11.80%

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

FSCPX vs. FFGCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCPX Fidelity Select Consumer Discretionary Portfolio	-0.39%	7.88%	24.56%	41.81%	-34.88%	19.23%	35.68%	27.06%	-1.03%	21.70%
FFGCX Fidelity Global Commodity Stock Fund	13.85%	28.66%	2.98%	-5.18%	20.69%	26.08%	6.04%	17.82%	-13.21%	17.18%

Correlation

The correlation between FSCPX and FFGCX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 26, 2009	0.56

Over the past year, the correlation between FSCPX and FFGCX has dropped to 0.14 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

Return for Risk

FSCPX vs. FFGCX — Risk / Return Rank

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

FSCPX

FSCPX Risk / Return Rank: 9
FSCPX Sharpe Ratio Rank: 9
FSCPX Sortino Ratio Rank: 9
FSCPX Omega Ratio Rank: 9
FSCPX Calmar Ratio Rank: 9
FSCPX Martin Ratio Rank: 9

FFGCX

FFGCX Risk / Return Rank: 64
FFGCX Sharpe Ratio Rank: 71
FFGCX Sortino Ratio Rank: 60
FFGCX Omega Ratio Rank: 61
FFGCX Calmar Ratio Rank: 70
FFGCX Martin Ratio Rank: 60

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.

FSCPX vs. FFGCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Consumer Discretionary Portfolio (FSCPX) and Fidelity Global Commodity Stock Fund (FFGCX). 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.

	FSCPX	FFGCX	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.86	-1.38
Sortino ratio: Return per unit of downside risk	0.83	2.43	-1.61
Omega ratio: Gain probability vs. loss probability	1.10	1.32	-0.22
Calmar ratio: Return relative to maximum drawdown	0.59	2.57	-1.97
Martin ratio: Return relative to average drawdown	1.77	9.30	-7.53

FSCPX vs. FFGCX - Sharpe Ratio Comparison

The current FSCPX Sharpe Ratio is 0.49, which is lower than the FFGCX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of FSCPX and FFGCX, 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

FSCPX vs. FFGCX - Drawdown Comparison

The maximum FSCPX drawdown since its inception was -57.76%, roughly equal to the maximum FFGCX drawdown of -57.23%. Use the drawdown chart below to compare losses from any high point for FSCPX and FFGCX.

Drawdown Indicators

	FSCPX	FFGCX	Difference
Max Drawdown Largest peak-to-trough decline	-57.76%	-57.23%	-0.53%
Max Drawdown (1Y) Largest decline over 1 year	-15.99%	-12.27%	-3.72%
Max Drawdown (3Y) Largest decline over 3 years	-27.71%	-19.24%	-8.47%
Max Drawdown (5Y) Largest decline over 5 years	-39.23%	-27.22%	-12.01%
Max Drawdown (10Y) Largest decline over 10 years	-39.23%	-48.43%	+9.20%
Current Drawdown Current decline from peak	-5.64%	-10.10%	+4.46%
Average Drawdown Average peak-to-trough decline	-8.54%	-19.30%	+10.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.33%	3.38%	+1.95%

Volatility

FSCPX vs. FFGCX - Volatility Comparison

Fidelity Select Consumer Discretionary Portfolio (FSCPX) has a higher volatility of 6.81% compared to Fidelity Global Commodity Stock Fund (FFGCX) at 4.80%. This indicates that FSCPX's price experiences larger fluctuations and is considered to be riskier than FFGCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCPX	FFGCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	4.80%	+2.01%
Volatility (6M) Calculated over the trailing 6-month period	14.81%	14.03%	+0.78%
Volatility (1Y) Calculated over the trailing 1-year period	19.45%	16.92%	+2.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.94%	21.36%	+3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.75%	22.33%	+0.42%

FSCPX vs. FFGCX - Expense Ratio Comparison

FSCPX has a 0.76% expense ratio, which is lower than FFGCX's 0.94% expense ratio.

Dividends

FSCPX vs. FFGCX - Dividend Comparison

FSCPX's dividend yield for the trailing twelve months is around 9.22%, more than FFGCX's 2.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFGCX Fidelity Global Commodity Stock Fund	2.22%	2.53%	2.62%	2.01%	1.84%	3.39%	1.61%	2.98%	2.22%	0.36%	1.53%	2.86%
FSCPX Fidelity Select Consumer Discretionary Portfolio	9.22%	5.78%	7.41%	2.17%	13.79%	9.08%	1.16%	2.22%	3.32%	3.72%	0.90%	3.81%

Frequently Asked Questions

Can I hold both FSCPX and FFGCX in my portfolio?

FSCPX and FFGCX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSCPX or FFGCX?

FSCPX has higher volatility (6.81%) compared to FFGCX (4.80%). In terms of maximum drawdown, FSCPX dropped -57.76% vs FFGCX's -57.23%.

Which has better risk-adjusted returns?

FFGCX currently has the higher Sharpe Ratio (1.86 vs 0.49), 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.