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FSDAX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSDAX and FSELX is 0.72, 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

FSDAX vs. FSELX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FSDAX:

1.02

FSELX:

-0.03

Sortino Ratio

FSDAX:

1.41

FSELX:

0.35

Omega Ratio

FSDAX:

1.21

FSELX:

1.05

Calmar Ratio

FSDAX:

1.41

FSELX:

0.02

Martin Ratio

FSDAX:

5.20

FSELX:

0.05

Ulcer Index

FSDAX:

4.36%

FSELX:

15.87%

Daily Std Dev

FSDAX:

23.15%

FSELX:

47.06%

Max Drawdown

FSDAX:

-60.20%

FSELX:

-81.70%

Current Drawdown

FSDAX:

0.00%

FSELX:

-17.91%

Returns By Period

In the year-to-date period, FSDAX achieves a 18.65% return, which is significantly higher than FSELX's -7.17% return. Over the past 10 years, FSDAX has underperformed FSELX with an annualized return of 6.30%, while FSELX has yielded a comparatively higher 15.45% annualized return.


FSDAX

YTD

18.65%

1M

12.64%

6M

7.75%

1Y

23.41%

5Y*

12.79%

10Y*

6.30%

FSELX

YTD

-7.17%

1M

25.69%

6M

-10.20%

1Y

-1.21%

5Y*

24.62%

10Y*

15.45%

*Annualized

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FSDAX vs. FSELX - Expense Ratio Comparison

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


Risk-Adjusted Performance

FSDAX vs. FSELX — Risk-Adjusted Performance Rank

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

FSDAX
The Risk-Adjusted Performance Rank of FSDAX is 8484
Overall Rank
The Sharpe Ratio Rank of FSDAX is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FSDAX is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FSDAX is 8383
Omega Ratio Rank
The Calmar Ratio Rank of FSDAX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FSDAX is 8787
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 2222
Overall Rank
The Sharpe Ratio Rank of FSELX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 2828
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 1919
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSDAX vs. FSELX - Risk-Adjusted Performance Comparison

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


The current FSDAX Sharpe Ratio is 1.02, which is higher than the FSELX Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of FSDAX 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.


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Dividends

FSDAX vs. FSELX - Dividend Comparison

FSDAX's dividend yield for the trailing twelve months is around 3.73%, while FSELX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FSDAX
Fidelity Select Defense & Aerospace Portfolio
3.73%0.79%0.64%0.42%0.00%0.30%1.19%0.68%0.41%0.89%4.62%4.99%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%

Drawdowns

FSDAX vs. FSELX - Drawdown Comparison

The maximum FSDAX drawdown since its inception was -60.20%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FSDAX and FSELX. For additional features, visit the drawdowns tool.


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Volatility

FSDAX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select Defense & Aerospace Portfolio (FSDAX) is 4.68%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 12.37%. This indicates that FSDAX 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.


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