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FSCSX vs. FBIOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

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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FSCSX vs. FBIOX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSCSX
Fidelity Select Software & IT Services Portfolio
-27.86%6.96%19.66%51.72%-29.13%18.13%45.55%38.99%4.08%38.60%
FBIOX
Fidelity Select Biotechnology Portfolio
-3.22%36.38%7.26%10.09%-15.87%-12.26%38.62%36.12%-10.92%27.87%

Returns By Period

In the year-to-date period, FSCSX achieves a -27.86% return, which is significantly lower than FBIOX's -3.22% return. Over the past 10 years, FSCSX has outperformed FBIOX with an annualized return of 14.26%, while FBIOX has yielded a comparatively lower 9.85% annualized return.


FSCSX

1D
0.94%
1M
-5.55%
YTD
-27.86%
6M
-29.20%
1Y
-12.22%
3Y*
6.48%
5Y*
3.10%
10Y*
14.26%

FBIOX

1D
0.08%
1M
-6.89%
YTD
-3.22%
6M
11.54%
1Y
33.83%
3Y*
17.53%
5Y*
3.77%
10Y*
9.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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.


Return for Risk

FSCSX vs. FBIOX — Risk / Return Rank

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

FSCSX
FSCSX Risk / Return Rank: 22
Overall Rank
FSCSX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
FSCSX Sortino Ratio Rank: 22
Sortino Ratio Rank
FSCSX Omega Ratio Rank: 22
Omega Ratio Rank
FSCSX Calmar Ratio Rank: 22
Calmar Ratio Rank
FSCSX Martin Ratio Rank: 22
Martin Ratio Rank

FBIOX
FBIOX Risk / Return Rank: 7676
Overall Rank
FBIOX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FBIOX Sortino Ratio Rank: 7575
Sortino Ratio Rank
FBIOX Omega Ratio Rank: 6464
Omega Ratio Rank
FBIOX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FBIOX Martin Ratio Rank: 7979
Martin Ratio Rank
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.

FSCSX vs. FBIOX - Risk-Adjusted Trends 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.


FSCSXFBIOXDifference

Sharpe ratio

Return per unit of total volatility

-0.46

1.35

-1.81

Sortino ratio

Return per unit of downside risk

-0.48

1.84

-2.32

Omega ratio

Gain probability vs. loss probability

0.94

1.24

-0.30

Calmar ratio

Return relative to maximum drawdown

-0.48

2.10

-2.57

Martin ratio

Return relative to average drawdown

-1.33

7.73

-9.06

FSCSX vs. FBIOX - Sharpe Ratio Comparison

The current FSCSX Sharpe Ratio is -0.46, which is lower than the FBIOX Sharpe Ratio of 1.35. 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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Sharpe Ratios by Period


FSCSXFBIOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.46

1.35

-1.81

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.15

-0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.37

+0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.47

+0.11

Correlation

The correlation between FSCSX and FBIOX is 0.61, 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.


Dividends

FSCSX vs. FBIOX - Dividend Comparison

FSCSX's dividend yield for the trailing twelve months is around 21.35%, more than FBIOX's 2.55% yield.


TTM20252024202320222021202020192018201720162015
FSCSX
Fidelity Select Software & IT Services Portfolio
21.35%15.40%19.17%7.72%9.06%6.54%5.10%12.70%6.20%7.15%3.98%5.22%
FBIOX
Fidelity Select Biotechnology Portfolio
2.55%2.47%1.21%0.45%0.00%14.48%19.46%8.89%11.18%1.41%3.42%6.71%

Drawdowns

FSCSX vs. FBIOX - Drawdown Comparison

The maximum FSCSX drawdown since its inception was -64.66%, smaller than the maximum FBIOX drawdown of -71.98%. Use the drawdown chart below to compare losses from any high point for FSCSX and FBIOX.


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Drawdown Indicators


FSCSXFBIOXDifference

Max Drawdown

Largest peak-to-trough decline

-64.66%

-71.98%

+7.32%

Max Drawdown (1Y)

Largest decline over 1 year

-32.62%

-12.27%

-20.35%

Max Drawdown (5Y)

Largest decline over 5 years

-37.06%

-44.87%

+7.81%

Max Drawdown (10Y)

Largest decline over 10 years

-37.06%

-48.66%

+11.60%

Current Drawdown

Current decline from peak

-31.99%

-7.32%

-24.67%

Average Drawdown

Average peak-to-trough decline

-13.18%

-23.72%

+10.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.70%

4.05%

+7.65%

Volatility

FSCSX vs. FBIOX - Volatility Comparison

Fidelity Select Software & IT Services Portfolio (FSCSX) has a higher volatility of 8.07% compared to Fidelity Select Biotechnology Portfolio (FBIOX) at 7.30%. This indicates that FSCSX's price experiences larger fluctuations and is considered to be riskier than FBIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSCSXFBIOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.07%

7.30%

+0.77%

Volatility (6M)

Calculated over the trailing 6-month period

20.01%

14.68%

+5.33%

Volatility (1Y)

Calculated over the trailing 1-year period

28.30%

23.91%

+4.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.48%

24.85%

+0.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.06%

26.38%

-2.32%