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

Correlation

The correlation between FSCSX and FSELX is 0.72, 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.


Performance

FSCSX vs. FSELX - 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 Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSCSX:

0.37

FSELX:

-0.02

Sortino Ratio

FSCSX:

0.62

FSELX:

0.35

Omega Ratio

FSCSX:

1.08

FSELX:

1.05

Calmar Ratio

FSCSX:

0.29

FSELX:

0.02

Martin Ratio

FSCSX:

0.91

FSELX:

0.05

Ulcer Index

FSCSX:

8.71%

FSELX:

13.99%

Daily Std Dev

FSCSX:

25.62%

FSELX:

46.94%

Max Drawdown

FSCSX:

-58.41%

FSELX:

-81.70%

Current Drawdown

FSCSX:

-7.63%

FSELX:

-13.81%

Returns By Period

In the year-to-date period, FSCSX achieves a -0.35% return, which is significantly higher than FSELX's -6.17% return. Over the past 10 years, FSCSX has underperformed FSELX with an annualized return of 16.80%, while FSELX has yielded a comparatively higher 23.89% annualized return.


FSCSX

YTD

-0.35%

1M

11.79%

6M

-3.58%

1Y

10.18%

3Y*

16.25%

5Y*

12.68%

10Y*

16.80%

FSELX

YTD

-6.17%

1M

15.53%

6M

-5.20%

1Y

-3.00%

3Y*

30.98%

5Y*

30.20%

10Y*

23.89%

*Annualized

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FSCSX vs. FSELX - Expense Ratio Comparison

FSCSX has a 0.67% expense ratio, which is lower than FSELX's 0.68% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FSCSX vs. FSELX — 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 3838
Overall Rank
The Sharpe Ratio Rank of FSCSX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of FSCSX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of FSCSX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of FSCSX is 4141
Calmar Ratio Rank
The Martin Ratio Rank of FSCSX is 3636
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 2222
Overall Rank
The Sharpe Ratio Rank of FSELX is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 2828
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 2020
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. FSELX - 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 Semiconductors Portfolio (FSELX). 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 0.37, which is higher than the FSELX Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of FSCSX and FSELX, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FSCSX vs. FSELX - Dividend Comparison

FSCSX's dividend yield for the trailing twelve months is around 10.38%, more than FSELX's 9.20% yield.


TTM20242023202220212020201920182017201620152014
FSCSX
Fidelity Select Software & IT Services Portfolio
10.38%10.54%7.72%9.06%6.54%5.10%12.70%4.35%7.15%3.98%5.22%10.43%
FSELX
Fidelity Select Semiconductors Portfolio
9.20%3.99%7.20%6.69%6.99%8.13%3.36%19.33%14.65%3.82%15.22%3.01%

Drawdowns

FSCSX vs. FSELX - Drawdown Comparison

The maximum FSCSX drawdown since its inception was -58.41%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FSCSX and FSELX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FSCSX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select Software & IT Services Portfolio (FSCSX) is 5.71%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.58%. This indicates that FSCSX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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