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:
0.68
ITA:
0.98
FSDAX:
1.03
ITA:
1.45
FSDAX:
1.13
ITA:
1.18
FSDAX:
0.89
ITA:
1.94
FSDAX:
3.28
ITA:
5.20
FSDAX:
3.80%
ITA:
3.29%
FSDAX:
18.30%
ITA:
17.40%
FSDAX:
-60.20%
ITA:
-59.72%
FSDAX:
-4.16%
ITA:
-4.01%
Returns By Period
In the year-to-date period, FSDAX achieves a 7.52% return, which is significantly higher than ITA's 5.51% return. Over the past 10 years, FSDAX has underperformed ITA with an annualized return of 5.27%, while ITA has yielded a comparatively higher 10.70% annualized return.
FSDAX
7.52%
0.05%
0.13%
12.34%
11.37%
5.27%
ITA
5.51%
-0.93%
2.78%
17.01%
18.71%
10.70%
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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 0.74%, 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 | 0.74% | 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
Fidelity Select Defense & Aerospace Portfolio (FSDAX) has a higher volatility of 6.89% compared to iShares U.S. Aerospace & Defense ETF (ITA) at 6.51%. This indicates that FSDAX's price experiences larger fluctuations and is considered to be riskier than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.