PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FSCSX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.

8,000.00%10,000.00%12,000.00%14,000.00%16,000.00%18,000.00%JuneJulyAugustSeptemberOctoberNovember
16,765.67%
9,814.07%
FSCSX
FSELX

Returns By Period

In the year-to-date period, FSCSX achieves a 6.18% return, which is significantly lower than FSELX's 37.98% return. Over the past 10 years, FSCSX has underperformed FSELX with an annualized return of 10.42%, while FSELX has yielded a comparatively higher 17.99% annualized return.


FSCSX

YTD

6.18%

1M

5.61%

6M

6.99%

1Y

8.25%

5Y (annualized)

8.55%

10Y (annualized)

10.42%

FSELX

YTD

37.98%

1M

-3.46%

6M

5.09%

1Y

41.32%

5Y (annualized)

22.76%

10Y (annualized)

17.99%

Key characteristics


FSCSXFSELX
Sharpe Ratio0.461.13
Sortino Ratio0.691.65
Omega Ratio1.101.21
Calmar Ratio0.341.68
Martin Ratio1.044.77
Ulcer Index8.28%8.57%
Daily Std Dev18.93%36.04%
Max Drawdown-58.42%-81.70%
Current Drawdown-11.75%-11.60%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSCSX vs. FSELX - Expense Ratio Comparison

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


FSELX
Fidelity Select Semiconductors Portfolio
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for FSCSX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%

Correlation

-0.50.00.51.00.8

The correlation between FSCSX and FSELX is 0.77, 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.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FSCSX, currently valued at 0.46, compared to the broader market0.002.004.000.461.13
The chart of Sortino ratio for FSCSX, currently valued at 0.69, compared to the broader market0.005.0010.000.691.65
The chart of Omega ratio for FSCSX, currently valued at 1.10, compared to the broader market1.002.003.004.001.101.21
The chart of Calmar ratio for FSCSX, currently valued at 0.34, compared to the broader market0.005.0010.0015.0020.0025.000.341.68
The chart of Martin ratio for FSCSX, currently valued at 1.04, compared to the broader market0.0020.0040.0060.0080.00100.001.044.77
FSCSX
FSELX

The current FSCSX Sharpe Ratio is 0.46, which is lower than the FSELX Sharpe Ratio of 1.13. 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.

Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.46
1.13
FSCSX
FSELX

Dividends

FSCSX vs. FSELX - Dividend Comparison

FSCSX has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 0.07%.


TTM20232022202120202019201820172016201520142013
FSCSX
Fidelity Select Software & IT Services Portfolio
0.00%0.00%0.00%0.00%0.55%0.23%0.04%0.00%0.03%2.35%10.43%4.72%
FSELX
Fidelity Select Semiconductors Portfolio
0.07%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

FSCSX vs. FSELX - Drawdown Comparison

The maximum FSCSX drawdown since its inception was -58.42%, 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. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-11.75%
-11.60%
FSCSX
FSELX

Volatility

FSCSX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select Software & IT Services Portfolio (FSCSX) is 6.05%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.31%. 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.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.05%
9.31%
FSCSX
FSELX