FSCSX vs. CNQ
FSCSX (Fidelity Select Software & IT Services Portfolio) is Technology Equities fund actively managed by Fidelity, while CNQ (Canadian Natural Resources Limited) is a stock. Over the past 10 years, FSCSX returned 16.09%/yr vs 17.89%/yr for CNQ. At a 0.31 correlation, their price movements are largely independent.
Performance
FSCSX vs. CNQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSCSX achieves a -13.54% return, which is significantly lower than CNQ's 35.04% return. Over the past 10 years, FSCSX has underperformed CNQ with an annualized return of 16.09%, while CNQ has yielded a comparatively higher 17.89% annualized return.
FSCSX
- 1D
- -0.35%
- 1M
- 2.79%
- YTD
- -13.54%
- 6M
- -13.86%
- 1Y
- -10.77%
- 3Y*
- 9.63%
- 5Y*
- 5.10%
- 10Y*
- 16.09%
CNQ
- 1D
- -0.31%
- 1M
- -4.77%
- YTD
- 35.04%
- 6M
- 38.56%
- 1Y
- 38.90%
- 3Y*
- 23.03%
- 5Y*
- 26.12%
- 10Y*
- 17.89%
FSCSX vs. CNQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSCSX Fidelity Select Software & IT Services Portfolio | -13.54% | 6.96% | 19.66% | 51.72% | -29.13% | 18.13% | 45.55% | 38.99% | 4.08% | 38.60% |
CNQ Canadian Natural Resources Limited | 35.04% | 15.58% | -1.31% | 23.72% | 42.82% | 83.55% | -19.06% | 39.72% | -29.92% | 15.97% |
Correlation
The correlation between FSCSX and CNQ is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2000 | 0.31 |
The correlation between FSCSX and CNQ shifts across timeframes, from -0.05 (1 year) to 0.31 (all time), 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
FSCSX vs. CNQ — Risk / Return Rank
FSCSX
CNQ
FSCSX vs. CNQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Software & IT Services Portfolio (FSCSX) and Canadian Natural Resources Limited (CNQ). 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.
| FSCSX | CNQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.25 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 3.09 | -3.44 |
| Martin ratioReturn relative to average drawdown | -0.78 | 6.92 | -7.71 |
Loading charts...
Drawdowns
FSCSX vs. CNQ - Drawdown Comparison
The maximum FSCSX drawdown since its inception was -64.66%, smaller than the maximum CNQ drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for FSCSX and CNQ.
Loading charts...
Drawdown Indicators
| FSCSX | CNQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.66% | -80.75% | +16.09% |
Max Drawdown (1Y)Largest decline over 1 year | -34.24% | -14.16% | -20.08% |
Max Drawdown (3Y)Largest decline over 3 years | -34.24% | -35.85% | +1.61% |
Max Drawdown (5Y)Largest decline over 5 years | -37.06% | -35.85% | -1.21% |
Max Drawdown (10Y)Largest decline over 10 years | -37.06% | -77.84% | +40.78% |
Current DrawdownCurrent decline from peak | -18.48% | -9.57% | -8.91% |
Average DrawdownAverage peak-to-trough decline | -13.22% | -23.51% | +10.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.37% | 6.30% | +9.07% |
Volatility
FSCSX vs. CNQ - Volatility Comparison
Fidelity Select Software & IT Services Portfolio (FSCSX) has a higher volatility of 12.57% compared to Canadian Natural Resources Limited (CNQ) at 8.56%. This indicates that FSCSX's price experiences larger fluctuations and is considered to be riskier than CNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSCSX | CNQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.57% | 8.56% | +4.01% |
Volatility (6M)Calculated over the trailing 6-month period | 25.44% | 24.09% | +1.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.43% | 29.06% | -0.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.51% | 32.86% | -6.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.63% | 40.24% | -15.61% |
Dividends
FSCSX vs. CNQ - Dividend Comparison
FSCSX's dividend yield for the trailing twelve months is around 23.23%, more than CNQ's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNQ Canadian Natural Resources Limited | 2.89% | 5.01% | 5.02% | 4.17% | 6.31% | 3.78% | 5.26% | 3.49% | 4.56% | 3.08% | 2.94% | 4.21% |
FSCSX Fidelity Select Software & IT Services Portfolio | 23.23% | 15.40% | 19.17% | 7.72% | 9.06% | 6.54% | 5.10% | 12.70% | 6.20% | 7.15% | 3.98% | 5.22% |
Frequently Asked Questions
FSCSX and CNQ have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSCSX has higher volatility (12.57%) compared to CNQ (8.56%). In terms of maximum drawdown, FSCSX dropped -64.66% vs CNQ's -80.75%.
CNQ currently has the higher Sharpe Ratio (1.51 vs -0.42), 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 FSCSX and CNQ
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