FSDAX vs. FIDRX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity Select Industrials Portfolio (FIDRX).

FSDAX is managed by Fidelity. It was launched on May 8, 1984. FIDRX is an actively managed fund by Fidelity. It was launched on Sep 3, 1996.

Performance

FSDAX vs. FIDRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity Select Industrials Portfolio (FIDRX). The values are adjusted to include any dividend payments, if applicable.

FSDAX vs. FIDRX - Yearly Performance Comparison

	2026 (YTD)
FSDAX Fidelity Select Defense & Aerospace Portfolio	-9.34%
FIDRX Fidelity Select Industrials Portfolio	-5.48%

Returns By Period

FSDAX

• 1D: -2.27%
• 1M: -14.26%
• YTD: -3.56%
• 6M: -1.06%
• 1Y: 34.57%
• 3Y*: 23.65%
• 5Y*: 15.00%
• 10Y*: 14.95%

FIDRX

• 1D: -1.93%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSDAX vs. FIDRX - Expense Ratio Comparison

FSDAX has a 0.74% expense ratio, which is higher than FIDRX's 0.68% expense ratio.

FSDAX

Fidelity Select Defense & Aerospace Portfolio

FIDRX

Fidelity Select Industrials Portfolio

Return for Risk

FSDAX vs. FIDRX — Risk / Return Rank

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

FSDAX

FSDAX Risk / Return Rank: 80
FSDAX Sharpe Ratio Rank: 81
FSDAX Sortino Ratio Rank: 80
FSDAX Omega Ratio Rank: 78
FSDAX Calmar Ratio Rank: 82
FSDAX Martin Ratio Rank: 80

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.

FSDAX vs. FIDRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity Select Industrials Portfolio (FIDRX). 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.

	FSDAX	FIDRX	Difference
Sharpe ratio Return per unit of total volatility	1.48	—	—
Sortino ratio Return per unit of downside risk	2.02	—	—
Omega ratio Gain probability vs. loss probability	1.29	—	—
Calmar ratio Return relative to maximum drawdown	1.96	—	—
Martin ratio Return relative to average drawdown	7.81	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FSDAX	FIDRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	-3.34	+3.97

Correlation

The correlation between FSDAX and FIDRX is 0.93, 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

FSDAX vs. FIDRX - Dividend Comparison

FSDAX's dividend yield for the trailing twelve months is around 4.65%, while FIDRX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSDAX Fidelity Select Defense & Aerospace Portfolio	4.65%	4.48%	7.68%	6.47%	8.87%	8.38%	2.11%	2.62%	11.45%	3.57%	4.87%	6.30%
FIDRX Fidelity Select Industrials Portfolio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FSDAX vs. FIDRX - Drawdown Comparison

The maximum FSDAX drawdown since its inception was -60.59%, which is greater than FIDRX's maximum drawdown of -6.17%. Use the drawdown chart below to compare losses from any high point for FSDAX and FIDRX.

Drawdown Indicators

	FSDAX	FIDRX	Difference
Max Drawdown Largest peak-to-trough decline	-60.59%	-6.17%	-54.42%
Max Drawdown (1Y) Largest decline over 1 year	-16.13%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.08%	—	—
Current Drawdown Current decline from peak	-16.13%	-6.17%	-9.96%
Average Drawdown Average peak-to-trough decline	-10.45%	-2.01%	-8.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	—	—

Volatility

Volatility by Period

	FSDAX	FIDRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.22%	23.89%	-0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.92%	23.89%	-3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.07%	23.89%	-1.82%