FSDAX vs. ITA
Compare and contrast key facts about Fidelity Select Defense & Aerospace Portfolio (FSDAX) and iShares U.S. Aerospace & Defense ETF (ITA).
FSDAX is managed by Fidelity. It was launched on May 8, 1984. ITA is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Aerospace & Defense Index. It was launched on May 5, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDAX or ITA.
Correlation
The correlation between FSDAX and ITA is 0.96, 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. ITA - Performance Comparison
Key characteristics
FSDAX:
1.22
ITA:
1.69
FSDAX:
1.68
ITA:
2.34
FSDAX:
1.23
ITA:
1.31
FSDAX:
1.34
ITA:
3.08
FSDAX:
6.08
ITA:
9.17
FSDAX:
3.41%
ITA:
2.96%
FSDAX:
16.99%
ITA:
16.11%
FSDAX:
-60.20%
ITA:
-59.72%
FSDAX:
-3.15%
ITA:
-1.29%
Returns By Period
The year-to-date returns for both stocks are quite close, with FSDAX having a 7.91% return and ITA slightly lower at 7.64%. Over the past 10 years, FSDAX has underperformed ITA with an annualized return of 5.63%, while ITA has yielded a comparatively higher 11.34% annualized return.
FSDAX
7.91%
7.26%
6.84%
20.65%
0.65%
5.63%
ITA
7.64%
7.16%
12.07%
26.81%
6.77%
11.34%
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FSDAX vs. ITA - Expense Ratio Comparison
FSDAX has a 0.74% expense ratio, which is higher than ITA's 0.42% expense ratio.
Risk-Adjusted Performance
FSDAX vs. ITA — Risk-Adjusted Performance Rank
FSDAX
ITA
FSDAX vs. ITA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Defense & Aerospace Portfolio (FSDAX) and iShares U.S. Aerospace & Defense ETF (ITA). 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. ITA - Dividend Comparison
FSDAX's dividend yield for the trailing twelve months is around 0.73%, less than ITA's 0.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDAX Fidelity Select Defense & Aerospace Portfolio | 0.73% | 0.79% | 0.64% | 0.42% | 0.00% | 0.30% | 1.19% | 0.68% | 0.41% | 0.89% | 4.62% | 4.99% |
ITA iShares U.S. Aerospace & Defense ETF | 0.79% | 0.85% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% | 1.21% |
Drawdowns
FSDAX vs. ITA - Drawdown Comparison
The maximum FSDAX drawdown since its inception was -60.20%, roughly equal to the maximum ITA drawdown of -59.72%. Use the drawdown chart below to compare losses from any high point for FSDAX and ITA. For additional features, visit the drawdowns tool.
Volatility
FSDAX vs. ITA - Volatility Comparison
The current volatility for Fidelity Select Defense & Aerospace Portfolio (FSDAX) is 4.87%, while iShares U.S. Aerospace & Defense ETF (ITA) has a volatility of 5.14%. This indicates that FSDAX experiences smaller price fluctuations and is considered to be less risky than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.