FSCPX vs. USLUX

Last updated Jun 4, 2026

FSCPX (Fidelity Select Consumer Discretionary Portfolio) and USLUX (U.S. Global Investors Global Luxury Goods Fund) are both Consumer Discretionary Equities funds. Over the past 10 years, FSCPX returned 12.34%/yr vs 9.86%/yr for USLUX. A 0.75 correlation means they provide meaningful diversification when combined. FSCPX charges 0.76%/yr vs 1.55%/yr for USLUX.

Performance

FSCPX vs. USLUX - Performance Comparison

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

Returns By Period

In the year-to-date period, FSCPX achieves a 0.24% return, which is significantly higher than USLUX's -4.45% return. Over the past 10 years, FSCPX has outperformed USLUX with an annualized return of 12.34%, while USLUX has yielded a comparatively lower 9.86% annualized return.

FSCPX

• 1D: -0.26%
• 1M: 0.83%
• YTD: 0.24%
• 6M: 0.10%
• 1Y: 13.87%
• 3Y*: 16.92%
• 5Y*: 6.72%
• 10Y*: 12.34%

USLUX

• 1D: 0.00%
• 1M: 5.63%
• YTD: -4.45%
• 6M: -1.18%
• 1Y: 6.35%
• 3Y*: 10.00%
• 5Y*: 6.07%
• 10Y*: 9.86%

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

FSCPX vs. USLUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCPX Fidelity Select Consumer Discretionary Portfolio	0.24%	7.88%	24.56%	41.81%	-34.88%	19.23%	35.68%	27.06%	-1.03%	21.70%
USLUX U.S. Global Investors Global Luxury Goods Fund	-4.45%	17.87%	14.26%	23.79%	-23.91%	25.14%	20.76%	13.72%	-8.30%	19.19%

Correlation

The correlation between FSCPX and USLUX is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jun 21, 1996	0.75

The correlation between FSCPX and USLUX has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

Return for Risk

FSCPX vs. USLUX — Risk / Return Rank

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

FSCPX

FSCPX Risk / Return Rank: 10
FSCPX Sharpe Ratio Rank: 10
FSCPX Sortino Ratio Rank: 10
FSCPX Omega Ratio Rank: 9
FSCPX Calmar Ratio Rank: 9
FSCPX Martin Ratio Rank: 10

USLUX

USLUX Risk / Return Rank: 5
USLUX Sharpe Ratio Rank: 4
USLUX Sortino Ratio Rank: 5
USLUX Omega Ratio Rank: 4
USLUX Calmar Ratio Rank: 5
USLUX Martin Ratio Rank: 5

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. USLUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Consumer Discretionary Portfolio (FSCPX) and U.S. Global Investors Global Luxury Goods Fund (USLUX). 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.

	FSCPX	USLUX	Difference
Sharpe ratio: Return per unit of total volatility	0.78	0.32	+0.46
Sortino ratio: Return per unit of downside risk	1.22	0.60	+0.62
Omega ratio: Gain probability vs. loss probability	1.14	1.07	+0.07
Calmar ratio: Return relative to maximum drawdown	0.92	0.39	+0.53
Martin ratio: Return relative to average drawdown	2.92	1.10	+1.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSCPX vs. USLUX - Sharpe Ratio Comparison

The current FSCPX Sharpe Ratio is 0.78, which is higher than the USLUX Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of FSCPX and USLUX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FSCPX	USLUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.32	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.29	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.50	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.19	+0.35

Drawdowns

FSCPX vs. USLUX - Drawdown Comparison

The maximum FSCPX drawdown since its inception was -57.76%, smaller than the maximum USLUX drawdown of -77.61%. Use the drawdown chart below to compare losses from any high point for FSCPX and USLUX.

Drawdown Indicators

	FSCPX	USLUX	Difference
Max Drawdown Largest peak-to-trough decline	-57.76%	-77.61%	+19.85%
Max Drawdown (1Y) Largest decline over 1 year	-15.99%	-15.68%	-0.31%
Max Drawdown (3Y) Largest decline over 3 years	-27.71%	-20.96%	-6.75%
Max Drawdown (5Y) Largest decline over 5 years	-39.23%	-33.85%	-5.38%
Max Drawdown (10Y) Largest decline over 10 years	-39.23%	-34.51%	-4.72%
Current Drawdown Current decline from peak	-5.05%	-6.88%	+1.83%
Average Drawdown Average peak-to-trough decline	-8.55%	-42.09%	+33.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.02%	5.54%	-0.52%

Volatility

FSCPX vs. USLUX - Volatility Comparison

The current volatility for Fidelity Select Consumer Discretionary Portfolio (FSCPX) is 5.99%, while U.S. Global Investors Global Luxury Goods Fund (USLUX) has a volatility of 6.94%. This indicates that FSCPX experiences smaller price fluctuations and is considered to be less risky than USLUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCPX	USLUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.99%	6.94%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	13.67%	14.72%	-1.05%
Volatility (1Y) Calculated over the trailing 1-year period	18.93%	19.18%	-0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.78%	20.88%	+3.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.72%	19.68%	+3.04%

FSCPX vs. USLUX - Expense Ratio Comparison

FSCPX has a 0.76% expense ratio, which is lower than USLUX's 1.55% expense ratio.

Dividends

FSCPX vs. USLUX - Dividend Comparison

FSCPX's dividend yield for the trailing twelve months is around 9.17%, more than USLUX's 8.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCPX Fidelity Select Consumer Discretionary Portfolio	9.17%	5.78%	7.41%	2.17%	13.79%	9.08%	1.16%	2.22%	3.32%	3.72%	0.90%	3.81%
USLUX U.S. Global Investors Global Luxury Goods Fund	8.25%	7.88%	9.94%	2.71%	6.40%	15.37%	0.12%	2.31%	16.18%	13.87%	8.35%	8.01%

Frequently Asked Questions

Can I hold both FSCPX and USLUX in my portfolio?

FSCPX and USLUX have a correlation of 0.76, 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 USLUX?

USLUX has higher volatility (6.94%) compared to FSCPX (5.99%). In terms of maximum drawdown, FSCPX dropped -57.76% vs USLUX's -77.61%.

Which has better risk-adjusted returns?

FSCPX currently has the higher Sharpe Ratio (0.78 vs 0.32), 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.