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FSCSX vs. FNIAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSCSX vs. FNIAX - Performance Comparison

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

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FSCSX vs. FNIAX - 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%
FNIAX
Fidelity Advisor New Insights Fund Class A
-7.49%21.17%34.94%35.97%-26.57%24.40%23.62%29.17%-4.67%28.07%

Returns By Period

In the year-to-date period, FSCSX achieves a -27.86% return, which is significantly lower than FNIAX's -7.49% return. Both investments have delivered pretty close results over the past 10 years, with FSCSX having a 14.26% annualized return and FNIAX not far ahead at 14.58%.


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%

FNIAX

1D
-0.52%
1M
-9.26%
YTD
-7.49%
6M
-4.20%
1Y
20.18%
3Y*
23.16%
5Y*
12.88%
10Y*
14.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSCSX vs. FNIAX - Expense Ratio Comparison

FSCSX has a 0.67% expense ratio, which is lower than FNIAX's 0.93% expense ratio.


Return for Risk

FSCSX vs. FNIAX — 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

FNIAX
FNIAX Risk / Return Rank: 6464
Overall Rank
FNIAX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
FNIAX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FNIAX Omega Ratio Rank: 6060
Omega Ratio Rank
FNIAX Calmar Ratio Rank: 7171
Calmar Ratio Rank
FNIAX Martin Ratio Rank: 6868
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. FNIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Software & IT Services Portfolio (FSCSX) and Fidelity Advisor New Insights Fund Class A (FNIAX). 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.


FSCSXFNIAXDifference

Sharpe ratio

Return per unit of total volatility

-0.46

1.04

-1.50

Sortino ratio

Return per unit of downside risk

-0.48

1.56

-2.05

Omega ratio

Gain probability vs. loss probability

0.94

1.23

-0.29

Calmar ratio

Return relative to maximum drawdown

-0.48

1.59

-2.07

Martin ratio

Return relative to average drawdown

-1.33

6.45

-7.78

FSCSX vs. FNIAX - Sharpe Ratio Comparison

The current FSCSX Sharpe Ratio is -0.46, which is lower than the FNIAX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of FSCSX and FNIAX, 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


FSCSXFNIAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.46

1.04

-1.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.68

-0.56

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.76

-0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.60

-0.01

Correlation

The correlation between FSCSX and FNIAX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

FSCSX vs. FNIAX - Dividend Comparison

FSCSX's dividend yield for the trailing twelve months is around 21.35%, more than FNIAX's 10.10% 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%
FNIAX
Fidelity Advisor New Insights Fund Class A
10.10%8.96%5.85%6.18%17.12%12.66%8.14%6.48%13.78%7.61%4.99%4.40%

Drawdowns

FSCSX vs. FNIAX - Drawdown Comparison

The maximum FSCSX drawdown since its inception was -64.66%, which is greater than FNIAX's maximum drawdown of -49.69%. Use the drawdown chart below to compare losses from any high point for FSCSX and FNIAX.


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Drawdown Indicators


FSCSXFNIAXDifference

Max Drawdown

Largest peak-to-trough decline

-64.66%

-49.69%

-14.97%

Max Drawdown (1Y)

Largest decline over 1 year

-32.62%

-10.85%

-21.77%

Max Drawdown (5Y)

Largest decline over 5 years

-37.06%

-31.98%

-5.08%

Max Drawdown (10Y)

Largest decline over 10 years

-37.06%

-31.98%

-5.08%

Current Drawdown

Current decline from peak

-31.99%

-10.41%

-21.58%

Average Drawdown

Average peak-to-trough decline

-13.18%

-7.28%

-5.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.70%

2.68%

+9.02%

Volatility

FSCSX vs. FNIAX - Volatility Comparison

Fidelity Select Software & IT Services Portfolio (FSCSX) has a higher volatility of 8.07% compared to Fidelity Advisor New Insights Fund Class A (FNIAX) at 5.30%. This indicates that FSCSX's price experiences larger fluctuations and is considered to be riskier than FNIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSCSXFNIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.07%

5.30%

+2.77%

Volatility (6M)

Calculated over the trailing 6-month period

20.01%

10.84%

+9.17%

Volatility (1Y)

Calculated over the trailing 1-year period

28.30%

19.55%

+8.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.48%

19.01%

+6.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.06%

19.22%

+4.84%