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FSCSX vs. FBIOX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSCSX and FBIOX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FSCSX vs. FBIOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Software & IT Services Portfolio (FSCSX) and Fidelity Select Biotechnology Portfolio (FBIOX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSCSX:

-0.05

FBIOX:

-0.26

Sortino Ratio

FSCSX:

0.07

FBIOX:

-0.23

Omega Ratio

FSCSX:

1.01

FBIOX:

0.97

Calmar Ratio

FSCSX:

-0.06

FBIOX:

-0.15

Martin Ratio

FSCSX:

-0.16

FBIOX:

-0.64

Ulcer Index

FSCSX:

12.21%

FBIOX:

10.71%

Daily Std Dev

FSCSX:

26.14%

FBIOX:

23.79%

Max Drawdown

FSCSX:

-58.41%

FBIOX:

-71.96%

Current Drawdown

FSCSX:

-20.70%

FBIOX:

-41.42%

Returns By Period

In the year-to-date period, FSCSX achieves a -3.76% return, which is significantly higher than FBIOX's -9.60% return. Over the past 10 years, FSCSX has outperformed FBIOX with an annualized return of 8.71%, while FBIOX has yielded a comparatively lower -3.24% annualized return.


FSCSX

YTD

-3.76%

1M

13.88%

6M

-10.57%

1Y

-1.50%

5Y*

4.72%

10Y*

8.71%

FBIOX

YTD

-9.60%

1M

4.88%

6M

-23.32%

1Y

-4.81%

5Y*

-5.15%

10Y*

-3.24%

*Annualized

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FSCSX vs. FBIOX - Expense Ratio Comparison

FSCSX has a 0.67% expense ratio, which is lower than FBIOX's 0.69% expense ratio.


Risk-Adjusted Performance

FSCSX vs. FBIOX — Risk-Adjusted Performance Rank

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

FSCSX
The Risk-Adjusted Performance Rank of FSCSX is 1919
Overall Rank
The Sharpe Ratio Rank of FSCSX is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of FSCSX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of FSCSX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FSCSX is 1818
Calmar Ratio Rank
The Martin Ratio Rank of FSCSX is 1818
Martin Ratio Rank

FBIOX
The Risk-Adjusted Performance Rank of FBIOX is 1010
Overall Rank
The Sharpe Ratio Rank of FBIOX is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of FBIOX is 99
Sortino Ratio Rank
The Omega Ratio Rank of FBIOX is 1010
Omega Ratio Rank
The Calmar Ratio Rank of FBIOX is 1111
Calmar Ratio Rank
The Martin Ratio Rank of FBIOX is 99
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSCSX vs. FBIOX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Software & IT Services Portfolio (FSCSX) and Fidelity Select Biotechnology Portfolio (FBIOX). 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.


The current FSCSX Sharpe Ratio is -0.05, which is higher than the FBIOX Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of FSCSX and FBIOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FSCSX vs. FBIOX - Dividend Comparison

FSCSX's dividend yield for the trailing twelve months is around 1.62%, more than FBIOX's 1.34% yield.


TTM20242023202220212020201920182017201620152014
FSCSX
Fidelity Select Software & IT Services Portfolio
1.62%0.00%0.00%0.00%0.00%0.55%0.23%0.04%0.00%0.03%2.35%10.43%
FBIOX
Fidelity Select Biotechnology Portfolio
1.34%1.21%0.45%0.00%0.17%0.26%0.15%0.00%0.00%0.00%6.71%10.77%

Drawdowns

FSCSX vs. FBIOX - Drawdown Comparison

The maximum FSCSX drawdown since its inception was -58.41%, smaller than the maximum FBIOX drawdown of -71.96%. Use the drawdown chart below to compare losses from any high point for FSCSX and FBIOX. For additional features, visit the drawdowns tool.


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Volatility

FSCSX vs. FBIOX - Volatility Comparison

The current volatility for Fidelity Select Software & IT Services Portfolio (FSCSX) is 8.91%, while Fidelity Select Biotechnology Portfolio (FBIOX) has a volatility of 10.99%. This indicates that FSCSX experiences smaller price fluctuations and is considered to be less risky than FBIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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