FSDAX vs. FXAIX
Compare and contrast key facts about Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity 500 Index Fund (FXAIX).
FSDAX is managed by Fidelity. It was launched on May 8, 1984. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDAX or FXAIX.
Performance
FSDAX vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, FSDAX achieves a 16.23% 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 6.11%, while FXAIX has yielded a comparatively higher 13.04% annualized return.
FSDAX
16.23%
-3.62%
9.82%
19.92%
1.07%
6.11%
FXAIX
25.57%
1.18%
12.23%
32.20%
15.59%
13.04%
Key characteristics
| FSDAX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 1.25 | 2.61 |
| Sortino Ratio | 1.70 | 3.49 |
| Omega Ratio | 1.24 | 1.49 |
| Calmar Ratio | 1.10 | 3.78 |
| Martin Ratio | 5.25 | 17.01 |
| Ulcer Index | 3.85% | 1.88% |
| Daily Std Dev | 16.14% | 12.24% |
| Max Drawdown | -60.20% | -33.79% |
| Current Drawdown | -3.62% | -1.35% |
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FSDAX vs. FXAIX - Expense Ratio Comparison
FSDAX has a 0.74% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
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.
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.
Dividends
FSDAX vs. FXAIX - Dividend Comparison
FSDAX's dividend yield for the trailing twelve months is around 0.53%, less than FXAIX's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDAX Fidelity Select Defense & Aerospace Portfolio | 0.53% | 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 | 1.23% | 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.
Volatility
FSDAX vs. FXAIX - Volatility Comparison
Fidelity Select Defense & Aerospace Portfolio (FSDAX) has a higher volatility of 6.55% compared to Fidelity 500 Index Fund (FXAIX) at 4.06%. 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.