FSDAX vs. FNCMX
Compare and contrast key facts about Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
FSDAX is managed by Fidelity. It was launched on May 8, 1984. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDAX or FNCMX.
Correlation
The correlation between FSDAX and FNCMX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSDAX vs. FNCMX - Performance Comparison
Key characteristics
FSDAX:
0.49
FNCMX:
1.72
FSDAX:
0.75
FNCMX:
2.27
FSDAX:
1.10
FNCMX:
1.31
FSDAX:
0.44
FNCMX:
2.36
FSDAX:
2.05
FNCMX:
8.82
FSDAX:
3.97%
FNCMX:
3.51%
FSDAX:
16.62%
FNCMX:
17.99%
FSDAX:
-60.20%
FNCMX:
-55.71%
FSDAX:
-7.35%
FNCMX:
-3.88%
Returns By Period
In the year-to-date period, FSDAX achieves a 11.75% return, which is significantly lower than FNCMX's 30.02% return. Over the past 10 years, FSDAX has underperformed FNCMX with an annualized return of 5.97%, while FNCMX has yielded a comparatively higher 15.54% annualized return.
FSDAX
11.75%
-2.87%
6.83%
7.11%
0.85%
5.97%
FNCMX
30.02%
3.27%
8.90%
30.11%
17.04%
15.54%
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FSDAX vs. FNCMX - Expense Ratio Comparison
FSDAX has a 0.74% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Risk-Adjusted Performance
FSDAX vs. FNCMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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
FSDAX vs. FNCMX - Dividend Comparison
FSDAX's dividend yield for the trailing twelve months is around 0.55%, more than FNCMX's 0.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDAX Fidelity Select Defense & Aerospace Portfolio | 0.55% | 0.64% | 0.42% | 0.00% | 0.30% | 1.19% | 0.68% | 0.41% | 0.89% | 4.62% | 4.99% | 5.67% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.51% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% | 0.72% |
Drawdowns
FSDAX vs. FNCMX - Drawdown Comparison
The maximum FSDAX drawdown since its inception was -60.20%, which is greater than FNCMX's maximum drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for FSDAX and FNCMX. For additional features, visit the drawdowns tool.
Volatility
FSDAX vs. FNCMX - Volatility Comparison
Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity NASDAQ Composite Index Fund (FNCMX) have volatilities of 5.23% and 5.06%, 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.