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

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.

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
9.44%
5.55%
FSDAX
FSELX

Returns By Period

In the year-to-date period, FSDAX achieves a 15.76% return, which is significantly lower than FSELX's 41.28% return. Over the past 10 years, FSDAX has underperformed FSELX with an annualized return of 6.07%, while FSELX has yielded a comparatively higher 18.19% annualized return.


FSDAX

YTD

15.76%

1M

-3.45%

6M

9.44%

1Y

19.72%

5Y (annualized)

0.95%

10Y (annualized)

6.07%

FSELX

YTD

41.28%

1M

-2.20%

6M

5.55%

1Y

41.59%

5Y (annualized)

24.02%

10Y (annualized)

18.19%

Key characteristics


FSDAXFSELX
Sharpe Ratio1.311.22
Sortino Ratio1.771.73
Omega Ratio1.251.22
Calmar Ratio1.161.80
Martin Ratio5.515.10
Ulcer Index3.85%8.62%
Daily Std Dev16.17%36.07%
Max Drawdown-60.20%-81.70%
Current Drawdown-4.02%-9.48%

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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.


FSDAX
Fidelity Select Defense & Aerospace Portfolio
Expense ratio chart for FSDAX: current value at 0.74% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.74%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.00.6

The correlation between FSDAX and FSELX is 0.57, 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. 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.


Sharpe ratio
The chart of Sharpe ratio for FSDAX, currently valued at 1.31, compared to the broader market0.002.004.001.311.22
The chart of Sortino ratio for FSDAX, currently valued at 1.77, compared to the broader market0.005.0010.001.771.73
The chart of Omega ratio for FSDAX, currently valued at 1.25, compared to the broader market1.002.003.004.001.251.22
The chart of Calmar ratio for FSDAX, currently valued at 1.16, compared to the broader market0.005.0010.0015.0020.0025.001.161.80
The chart of Martin ratio for FSDAX, currently valued at 5.51, compared to the broader market0.0020.0040.0060.0080.00100.005.515.10
FSDAX
FSELX

The current FSDAX Sharpe Ratio is 1.31, which is comparable to the FSELX Sharpe Ratio of 1.22. 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.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.31
1.22
FSDAX
FSELX

Dividends

FSDAX vs. FSELX - Dividend Comparison

FSDAX's dividend yield for the trailing twelve months is around 0.54%, more than FSELX's 0.07% yield.


TTM20232022202120202019201820172016201520142013
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%
FSELX
Fidelity Select Semiconductors Portfolio
0.07%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.02%
-9.48%
FSDAX
FSELX

Volatility

FSDAX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select Defense & Aerospace Portfolio (FSDAX) is 7.20%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.48%. 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.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
7.20%
9.48%
FSDAX
FSELX