FSCPX vs. FSHCX

Last updated Aug 1, 2026

FSCPX (Fidelity Select Consumer Discretionary Portfolio) and FSHCX (Fidelity Select Health Care Services Portfolio) are both mutual funds - FSCPX is a Consumer Discretionary Equities fund managed by Fidelity, while FSHCX is a Health & Biotech Equities fund managed by Fidelity. Over the past 10 years, FSCPX returned 11.42%/yr vs 9.63%/yr for FSHCX. Their 0.55 correlation means they have sometimes moved together and sometimes differently. FSCPX charges 0.76%/yr vs 0.71%/yr for FSHCX.

Performance

FSCPX vs. FSHCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Consumer Discretionary Portfolio (FSCPX) and Fidelity Select Health Care Services Portfolio (FSHCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSCPX achieves a -3.76% return, which is significantly lower than FSHCX's 16.94% return. Over the past 10 years, FSCPX has outperformed FSHCX with an annualized return of 11.42%, while FSHCX has yielded a comparatively lower 9.63% annualized return.

FSCPX

• 1D: 0.51%
• 1M: -4.32%
• 6M: -5.42%
• YTD: -3.76%
• 1Y: 7.28%
• 3Y*: 11.22%
• 5Y*: 4.86%
• 10Y*: 11.42%
• ALL TIME*: 10.44%

FSHCX

• 1D: 0.00%
• 1M: -2.29%
• 6M: 22.13%
• YTD: 16.94%
• 1Y: 42.00%
• 3Y*: 2.68%
• 5Y*: 2.72%
• 10Y*: 9.63%
• ALL TIME*: 11.40%

*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)
FSCPX Fidelity Select Consumer Discretionary Portfolio	$0.00	$0.00	$0.00
FSHCX Fidelity Select Health Care Services Portfolio	$0.00	$0.00	$0.00

FSCPX vs. FSHCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCPX Fidelity Select Consumer Discretionary Portfolio	-3.76%	7.88%	24.56%	41.81%	-34.88%	19.23%	35.68%	27.06%	-1.03%	21.70%
FSHCX Fidelity Select Health Care Services Portfolio	16.94%	3.85%	-13.21%	1.52%	0.86%	20.22%	18.58%	19.91%	10.17%	24.46%

Correlation

The correlation between FSCPX and FSHCX is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (3Y) Balances recent behavior with more history.	0.26
Correlation (5Y) Shows whether the relationship held over a longer period.	0.37
Correlation (10Y) Provides a long-term view across more market conditions.	0.44
Correlation (All Time) Calculated using the full available price history since Jun 29, 1990	0.55

Over the past year, the correlation between FSCPX and FSHCX has dropped to 0.24 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Return for Risk

FSCPX vs. FSHCX — Risk / Return Rank

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

FSCPX

FSCPX Risk / Return Rank: 7
FSCPX Sharpe Ratio Rank: 7
FSCPX Sortino Ratio Rank: 8
FSCPX Omega Ratio Rank: 7
FSCPX Calmar Ratio Rank: 7
FSCPX Martin Ratio Rank: 7

FSHCX

FSHCX Risk / Return Rank: 68
FSHCX Sharpe Ratio Rank: 77
FSHCX Sortino Ratio Rank: 69
FSHCX Omega Ratio Rank: 76
FSHCX Calmar Ratio Rank: 65
FSHCX Martin Ratio Rank: 52

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.

FSCPX vs. FSHCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Consumer Discretionary Portfolio (FSCPX) and Fidelity Select Health Care Services Portfolio (FSHCX). 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	FSHCX	Difference
Sharpe ratio: Return per unit of total volatility	0.18	1.75	-1.57
Sortino ratio: Return per unit of downside risk	0.40	2.29	-1.90
Omega ratio: Gain probability vs. loss probability	1.05	1.33	-0.28
Calmar ratio: Return relative to maximum drawdown	0.22	2.09	-1.87
Martin ratio: Return relative to average drawdown	0.63	6.95	-6.32

FSCPX vs. FSHCX - Sharpe Ratio Comparison

The current FSCPX Sharpe Ratio is 0.18, which is lower than the FSHCX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of FSCPX and FSHCX, 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. FSHCX - Drawdown Comparison

The maximum FSCPX drawdown since its inception was -57.76%, roughly equal to the maximum FSHCX drawdown of -57.81%. Use the drawdown chart below to compare losses from any high point for FSCPX and FSHCX.

Drawdown Indicators

	FSCPX	FSHCX	Difference
Max Drawdown Largest peak-to-trough decline	-57.76%	-57.81%	+0.05%
Max Drawdown (1Y) Largest decline over 1 year	-15.99%	-16.65%	+0.66%
Max Drawdown (3Y) Largest decline over 3 years	-27.71%	-29.52%	+1.81%
Max Drawdown (5Y) Largest decline over 5 years	-39.23%	-29.52%	-9.71%
Max Drawdown (10Y) Largest decline over 10 years	-39.23%	-35.48%	-3.75%
Current Drawdown Current decline from peak	-8.84%	-2.75%	-6.09%
Average Drawdown Average peak-to-trough decline	-8.54%	-11.34%	+2.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.63%	5.04%	+0.59%

Volatility

FSCPX vs. FSHCX - Volatility Comparison

Fidelity Select Consumer Discretionary Portfolio (FSCPX) and Fidelity Select Health Care Services Portfolio (FSHCX) have volatilities of 6.29% and 6.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCPX	FSHCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	6.23%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	15.08%	13.56%	+1.52%
Volatility (1Y) Calculated over the trailing 1-year period	19.93%	19.96%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.98%	19.38%	+5.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.81%	21.54%	+1.27%

FSCPX vs. FSHCX - Expense Ratio Comparison

FSCPX has a 0.76% expense ratio, which is higher than FSHCX's 0.71% expense ratio.

Dividends

FSCPX vs. FSHCX - Dividend Comparison

FSCPX's dividend yield for the trailing twelve months is around 9.55%, more than FSHCX's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCPX Fidelity Select Consumer Discretionary Portfolio	9.55%	5.78%	7.41%	2.17%	13.79%	9.08%	1.16%	2.22%	3.32%	3.72%	0.90%	3.81%
FSHCX Fidelity Select Health Care Services Portfolio	0.65%	0.75%	16.63%	0.57%	5.32%	7.09%	0.76%	0.27%	12.92%	13.41%	4.62%	4.06%

Frequently Asked Questions

Can I hold both FSCPX and FSHCX in my portfolio?

FSCPX and FSHCX have a correlation of 0.24, 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 FSHCX?

FSCPX has higher volatility (6.29%) compared to FSHCX (6.23%). In terms of maximum drawdown, FSCPX dropped -57.76% vs FSHCX's -57.81%.

Which has better risk-adjusted returns?

FSHCX currently has the higher Sharpe Ratio (1.75 vs 0.18), 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.