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.
Performance
FSDAX vs. FNCMX - Performance Comparison
Returns By Period
In the year-to-date period, FSDAX achieves a 15.76% return, which is significantly lower than FNCMX's 27.22% return. Over the past 10 years, FSDAX has underperformed FNCMX with an annualized return of 6.07%, while FNCMX has yielded a comparatively higher 15.38% annualized return.
FSDAX
15.76%
-3.45%
9.44%
19.72%
0.95%
6.07%
FNCMX
27.22%
2.74%
13.14%
33.78%
17.66%
15.38%
Key characteristics
| FSDAX | FNCMX | |
|---|---|---|
| Sharpe Ratio | 1.31 | 2.01 |
| Sortino Ratio | 1.77 | 2.63 |
| Omega Ratio | 1.25 | 1.36 |
| Calmar Ratio | 1.16 | 2.69 |
| Martin Ratio | 5.51 | 10.08 |
| Ulcer Index | 3.85% | 3.50% |
| Daily Std Dev | 16.17% | 17.55% |
| Max Drawdown | -60.20% | -55.71% |
| Current Drawdown | -4.02% | -1.59% |
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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.
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.
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 0.54%, more than FNCMX's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDAX Fidelity Select Defense & Aerospace Portfolio | 0.54% | 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 | 0.52% | 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) has a higher volatility of 7.20% compared to Fidelity NASDAQ Composite Index Fund (FNCMX) at 5.85%. This indicates that FSDAX's price experiences larger fluctuations and is considered to be riskier than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.