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.
Performance
FSDAX vs. ITA - Performance Comparison
Returns By Period
In the year-to-date period, FSDAX achieves a 16.94% return, which is significantly lower than ITA's 21.49% return. Over the past 10 years, FSDAX has underperformed ITA with an annualized return of 6.13%, while ITA has yielded a comparatively higher 11.61% annualized return.
FSDAX
16.94%
-0.00%
11.86%
19.92%
1.19%
6.13%
ITA
21.49%
1.59%
14.41%
30.84%
6.94%
11.61%
Key characteristics
| FSDAX | ITA | |
|---|---|---|
| Sharpe Ratio | 1.28 | 2.10 |
| Sortino Ratio | 1.73 | 2.81 |
| Omega Ratio | 1.24 | 1.40 |
| Calmar Ratio | 1.13 | 4.42 |
| Martin Ratio | 5.35 | 13.61 |
| Ulcer Index | 3.86% | 2.33% |
| Daily Std Dev | 16.14% | 15.08% |
| Max Drawdown | -60.20% | -59.72% |
| Current Drawdown | -3.04% | -2.79% |
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. ITA - Expense Ratio Comparison
FSDAX has a 0.74% expense ratio, which is higher than ITA's 0.42% expense ratio.
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.
Risk-Adjusted Performance
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 0.53%, less than ITA's 0.80% 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% |
ITA iShares U.S. Aerospace & Defense ETF | 0.80% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% | 1.21% | 1.13% |
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) and iShares U.S. Aerospace & Defense ETF (ITA) have volatilities of 6.57% and 6.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.