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

Correlation

The correlation between FSDAX and FZROX 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.


-0.50.00.51.00.7

Performance

FSDAX vs. FZROX - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
9.54%
10.89%
FSDAX
FZROX

Key characteristics

Sharpe Ratio

FSDAX:

0.96

FZROX:

2.06

Sortino Ratio

FSDAX:

1.35

FZROX:

2.74

Omega Ratio

FSDAX:

1.18

FZROX:

1.38

Calmar Ratio

FSDAX:

0.85

FZROX:

3.08

Martin Ratio

FSDAX:

5.60

FZROX:

13.06

Ulcer Index

FSDAX:

2.78%

FZROX:

2.02%

Daily Std Dev

FSDAX:

16.24%

FZROX:

12.87%

Max Drawdown

FSDAX:

-60.20%

FZROX:

-34.96%

Current Drawdown

FSDAX:

-4.95%

FZROX:

-2.46%

Returns By Period

In the year-to-date period, FSDAX achieves a 14.64% return, which is significantly lower than FZROX's 25.76% return.


FSDAX

YTD

14.64%

1M

-3.14%

6M

9.54%

1Y

15.18%

5Y*

1.26%

10Y*

5.92%

FZROX

YTD

25.76%

1M

-0.51%

6M

10.89%

1Y

26.10%

5Y*

14.31%

10Y*

N/A

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. FZROX - Expense Ratio Comparison

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

Risk-Adjusted Performance

FSDAX vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Defense & Aerospace Portfolio (FSDAX) and Fidelity ZERO Total Market Index Fund (FZROX). 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 0.96, compared to the broader market-1.000.001.002.003.004.000.962.06
The chart of Sortino ratio for FSDAX, currently valued at 1.35, compared to the broader market-2.000.002.004.006.008.0010.001.352.74
The chart of Omega ratio for FSDAX, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.003.501.181.38
The chart of Calmar ratio for FSDAX, currently valued at 0.85, compared to the broader market0.002.004.006.008.0010.0012.0014.000.853.08
The chart of Martin ratio for FSDAX, currently valued at 5.60, compared to the broader market0.0020.0040.0060.005.6013.06
FSDAX
FZROX

The current FSDAX Sharpe Ratio is 0.96, which is lower than the FZROX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of FSDAX and FZROX, 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
0.96
2.06
FSDAX
FZROX

Dividends

FSDAX vs. FZROX - Dividend Comparison

FSDAX's dividend yield for the trailing twelve months is around 0.10%, less than FZROX's 1.16% 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%
FZROX
Fidelity ZERO Total Market Index Fund
1.16%1.36%1.57%1.08%1.27%1.45%0.63%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FSDAX vs. FZROX - Drawdown Comparison

The maximum FSDAX drawdown since its inception was -60.20%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FSDAX and FZROX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.95%
-2.46%
FSDAX
FZROX

Volatility

FSDAX vs. FZROX - Volatility Comparison

Fidelity Select Defense & Aerospace Portfolio (FSDAX) has a higher volatility of 5.45% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.02%. This indicates that FSDAX's price experiences larger fluctuations and is considered to be riskier than FZROX 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
5.45%
4.02%
FSDAX
FZROX
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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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