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

Correlation

The correlation between FSDAX and FXAIX is 0.73, 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.


-0.50.00.51.00.7

Performance

FSDAX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
9.37%
9.19%
FSDAX
FXAIX

Key characteristics

Sharpe Ratio

FSDAX:

0.68

FXAIX:

2.20

Sortino Ratio

FSDAX:

0.99

FXAIX:

2.93

Omega Ratio

FSDAX:

1.13

FXAIX:

1.41

Calmar Ratio

FSDAX:

0.62

FXAIX:

3.26

Martin Ratio

FSDAX:

4.08

FXAIX:

14.39

Ulcer Index

FSDAX:

2.77%

FXAIX:

1.91%

Daily Std Dev

FSDAX:

16.61%

FXAIX:

12.50%

Max Drawdown

FSDAX:

-60.20%

FXAIX:

-33.79%

Current Drawdown

FSDAX:

-5.09%

FXAIX:

-2.91%

Returns By Period

In the year-to-date period, FSDAX achieves a 14.46% return, which is significantly lower than FXAIX's 25.57% return. Over the past 10 years, FSDAX has underperformed FXAIX with an annualized return of 5.96%, while FXAIX has yielded a comparatively higher 12.86% annualized return.


FSDAX

YTD

14.46%

1M

-1.52%

6M

8.75%

1Y

15.41%

5Y*

1.34%

10Y*

5.96%

FXAIX

YTD

25.57%

1M

0.00%

6M

8.86%

1Y

26.21%

5Y*

14.72%

10Y*

12.86%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSDAX vs. FXAIX - Expense Ratio Comparison

FSDAX has a 0.74% expense ratio, which is higher than FXAIX's 0.02% 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 FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FSDAX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity 500 Index Fund (FXAIX). 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 0.68, compared to the broader market-1.000.001.002.003.004.000.682.20
The chart of Sortino ratio for FSDAX, currently valued at 0.99, compared to the broader market-2.000.002.004.006.008.0010.000.992.93
The chart of Omega ratio for FSDAX, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.131.41
The chart of Calmar ratio for FSDAX, currently valued at 0.61, compared to the broader market0.002.004.006.008.0010.0012.0014.000.623.26
The chart of Martin ratio for FSDAX, currently valued at 4.08, compared to the broader market0.0020.0040.0060.004.0814.39
FSDAX
FXAIX

The current FSDAX Sharpe Ratio is 0.68, which is lower than the FXAIX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of FSDAX and FXAIX, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.68
2.20
FSDAX
FXAIX

Dividends

FSDAX vs. FXAIX - Dividend Comparison

FSDAX's dividend yield for the trailing twelve months is around 0.10%, less than FXAIX's 0.88% yield.


TTM20232022202120202019201820172016201520142013
FSDAX
Fidelity Select Defense & Aerospace Portfolio
0.10%0.64%0.42%0.00%0.30%1.19%0.68%0.41%0.89%4.62%4.99%5.67%
FXAIX
Fidelity 500 Index Fund
0.88%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

FSDAX vs. FXAIX - Drawdown Comparison

The maximum FSDAX drawdown since its inception was -60.20%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FSDAX and FXAIX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.09%
-2.91%
FSDAX
FXAIX

Volatility

FSDAX vs. FXAIX - Volatility Comparison

Fidelity Select Defense & Aerospace Portfolio (FSDAX) has a higher volatility of 5.49% compared to Fidelity 500 Index Fund (FXAIX) at 3.70%. This indicates that FSDAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.49%
3.70%
FSDAX
FXAIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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