FSCSX vs. FTEC
Compare and contrast key facts about Fidelity Select Software & IT Services Portfolio (FSCSX) and Fidelity MSCI Information Technology Index ETF (FTEC).
FSCSX is managed by Fidelity. It was launched on Jul 29, 1985. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSCSX or FTEC.
Correlation
The correlation between FSCSX and FTEC is 0.91, 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. FTEC - Performance Comparison
Key characteristics
FSCSX:
-0.67
FTEC:
0.24
FSCSX:
-0.76
FTEC:
0.47
FSCSX:
0.90
FTEC:
1.06
FSCSX:
-0.52
FTEC:
0.35
FSCSX:
-1.43
FTEC:
0.96
FSCSX:
9.97%
FTEC:
5.96%
FSCSX:
21.40%
FTEC:
24.01%
FSCSX:
-58.42%
FTEC:
-34.95%
FSCSX:
-26.16%
FTEC:
-14.72%
Returns By Period
In the year-to-date period, FSCSX achieves a -10.39% return, which is significantly higher than FTEC's -11.18% return. Over the past 10 years, FSCSX has underperformed FTEC with an annualized return of 8.17%, while FTEC has yielded a comparatively higher 19.00% annualized return.
FSCSX
-10.39%
-6.65%
-8.62%
-13.42%
7.95%
8.17%
FTEC
-11.18%
-4.66%
-3.96%
6.74%
23.41%
19.00%
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FSCSX vs. FTEC - Expense Ratio Comparison
FSCSX has a 0.67% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
FSCSX vs. FTEC — Risk-Adjusted Performance Rank
FSCSX
FTEC
FSCSX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Software & IT Services Portfolio (FSCSX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
Dividends
FSCSX vs. FTEC - Dividend Comparison
FSCSX has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCSX Fidelity Select Software & IT Services Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.23% | 0.04% | 0.00% | 0.03% | 2.35% | 10.43% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.55% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
FSCSX vs. FTEC - Drawdown Comparison
The maximum FSCSX drawdown since its inception was -58.42%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FSCSX and FTEC. For additional features, visit the drawdowns tool.
Volatility
FSCSX vs. FTEC - Volatility Comparison
Fidelity Select Software & IT Services Portfolio (FSCSX) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 8.90% and 8.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.