FSCPX vs. VCDAX

Last updated Jun 24, 2026

FSCPX (Fidelity Select Consumer Discretionary Portfolio) and VCDAX (Vanguard Consumer Discretionary Index Fund Admiral Shares) are both Consumer Discretionary Equities funds. Over the past 10 years, FSCPX returned 12.50%/yr vs 13.91%/yr for VCDAX. With a 0.98 correlation, they move nearly in lockstep. FSCPX charges 0.76%/yr vs 0.10%/yr for VCDAX.

Performance

FSCPX vs. VCDAX - Performance Comparison

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

Returns By Period

In the year-to-date period, FSCPX achieves a -1.25% return, which is significantly higher than VCDAX's -1.43% return. Over the past 10 years, FSCPX has underperformed VCDAX with an annualized return of 12.50%, while VCDAX has yielded a comparatively higher 13.91% annualized return.

FSCPX

• 1D: -1.89%
• 1M: -1.71%
• YTD: -1.25%
• 6M: -3.27%
• 1Y: 12.44%
• 3Y*: 14.58%
• 5Y*: 5.59%
• 10Y*: 12.50%

VCDAX

• 1D: -1.76%
• 1M: -1.87%
• YTD: -1.43%
• 6M: -3.59%
• 1Y: 9.10%
• 3Y*: 12.89%
• 5Y*: 5.65%
• 10Y*: 13.91%

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

FSCPX vs. VCDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCPX Fidelity Select Consumer Discretionary Portfolio	-1.25%	7.88%	24.56%	41.81%	-34.88%	19.23%	35.68%	27.06%	-1.03%	21.70%
VCDAX Vanguard Consumer Discretionary Index Fund Admiral Shares	-1.43%	5.66%	24.37%	40.40%	-35.17%	26.20%	48.18%	27.55%	-2.26%	22.83%

Correlation

The correlation between FSCPX and VCDAX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.98

The correlation between FSCPX and VCDAX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

FSCPX vs. VCDAX — 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: 10
FSCPX Martin Ratio Rank: 10

VCDAX

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

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. VCDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Consumer Discretionary Portfolio (FSCPX) and Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX). 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	VCDAX	Difference
Sharpe ratio: Return per unit of total volatility	0.74	0.59	+0.15
Sortino ratio: Return per unit of downside risk	1.18	0.95	+0.23
Omega ratio: Gain probability vs. loss probability	1.14	1.11	+0.03
Calmar ratio: Return relative to maximum drawdown	0.90	0.71	+0.19
Martin ratio: Return relative to average drawdown	2.78	2.17	+0.60

FSCPX vs. VCDAX - Sharpe Ratio Comparison

The current FSCPX Sharpe Ratio is 0.74, which is comparable to the VCDAX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of FSCPX and VCDAX, 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. VCDAX - Drawdown Comparison

The maximum FSCPX drawdown since its inception was -57.76%, smaller than the maximum VCDAX drawdown of -61.66%. Use the drawdown chart below to compare losses from any high point for FSCPX and VCDAX.

Drawdown Indicators

	FSCPX	VCDAX	Difference
Max Drawdown Largest peak-to-trough decline	-57.76%	-61.66%	+3.90%
Max Drawdown (1Y) Largest decline over 1 year	-15.99%	-15.57%	-0.42%
Max Drawdown (3Y) Largest decline over 3 years	-27.71%	-27.44%	-0.27%
Max Drawdown (5Y) Largest decline over 5 years	-39.23%	-38.51%	-0.72%
Max Drawdown (10Y) Largest decline over 10 years	-39.23%	-38.51%	-0.72%
Current Drawdown Current decline from peak	-6.46%	-5.98%	-0.48%
Average Drawdown Average peak-to-trough decline	-8.54%	-9.29%	+0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	5.10%	+0.08%

Volatility

FSCPX vs. VCDAX - Volatility Comparison

Fidelity Select Consumer Discretionary Portfolio (FSCPX) has a higher volatility of 6.79% compared to Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX) at 6.36%. This indicates that FSCPX's price experiences larger fluctuations and is considered to be riskier than VCDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCPX	VCDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.79%	6.36%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	14.53%	13.93%	+0.60%
Volatility (1Y) Calculated over the trailing 1-year period	19.40%	18.84%	+0.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.89%	24.11%	+0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.79%	22.56%	+0.23%

FSCPX vs. VCDAX - Expense Ratio Comparison

FSCPX has a 0.76% expense ratio, which is higher than VCDAX's 0.10% expense ratio.

Dividends

FSCPX vs. VCDAX - Dividend Comparison

FSCPX's dividend yield for the trailing twelve months is around 9.31%, more than VCDAX's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCPX Fidelity Select Consumer Discretionary Portfolio	9.31%	5.78%	7.41%	2.17%	13.79%	9.08%	1.16%	2.22%	3.32%	3.72%	0.90%	3.81%
VCDAX Vanguard Consumer Discretionary Index Fund Admiral Shares	0.74%	0.74%	0.74%	0.84%	0.98%	1.82%	1.71%	1.17%	1.37%	1.21%	1.60%	1.33%

Frequently Asked Questions

Can I hold both FSCPX and VCDAX in my portfolio?

With a correlation of 0.99, FSCPX and VCDAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FSCPX or VCDAX?

FSCPX has higher volatility (6.79%) compared to VCDAX (6.36%). In terms of maximum drawdown, FSCPX dropped -57.76% vs VCDAX's -61.66%.

Which has better risk-adjusted returns?

FSCPX currently has the higher Sharpe Ratio (0.74 vs 0.59), 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.