FSDAX vs. ROKT
Compare and contrast key facts about Fidelity Select Defense & Aerospace Portfolio (FSDAX) and SPDR S&P Kensho Final Frontiers ETF (ROKT).
FSDAX is managed by Fidelity. It was launched on May 8, 1984. ROKT is a passively managed fund by State Street that tracks the performance of the S&P Kensho Final Frontiers Index. It was launched on Oct 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDAX or ROKT.
Correlation
The correlation between FSDAX and ROKT is 0.86, 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. ROKT - Performance Comparison
Key characteristics
FSDAX:
0.68
ROKT:
0.96
FSDAX:
1.03
ROKT:
1.48
FSDAX:
1.13
ROKT:
1.18
FSDAX:
0.89
ROKT:
1.26
FSDAX:
3.28
ROKT:
3.92
FSDAX:
3.80%
ROKT:
5.10%
FSDAX:
18.30%
ROKT:
20.86%
FSDAX:
-60.20%
ROKT:
-43.16%
FSDAX:
-4.16%
ROKT:
-13.35%
Returns By Period
In the year-to-date period, FSDAX achieves a 7.52% return, which is significantly higher than ROKT's -5.97% return.
FSDAX
7.52%
0.05%
0.13%
12.34%
11.37%
5.27%
ROKT
-5.97%
-3.89%
5.78%
19.72%
17.37%
N/A
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FSDAX vs. ROKT - Expense Ratio Comparison
FSDAX has a 0.74% expense ratio, which is higher than ROKT's 0.45% expense ratio.
Risk-Adjusted Performance
FSDAX vs. ROKT — Risk-Adjusted Performance Rank
FSDAX
ROKT
FSDAX vs. ROKT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Defense & Aerospace Portfolio (FSDAX) and SPDR S&P Kensho Final Frontiers ETF (ROKT). 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. ROKT - Dividend Comparison
FSDAX's dividend yield for the trailing twelve months is around 0.74%, more than ROKT's 0.64% 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% |
ROKT SPDR S&P Kensho Final Frontiers ETF | 0.64% | 0.57% | 0.62% | 0.54% | 1.79% | 0.48% | 0.74% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSDAX vs. ROKT - Drawdown Comparison
The maximum FSDAX drawdown since its inception was -60.20%, which is greater than ROKT's maximum drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for FSDAX and ROKT. For additional features, visit the drawdowns tool.
Volatility
FSDAX vs. ROKT - Volatility Comparison
The current volatility for Fidelity Select Defense & Aerospace Portfolio (FSDAX) is 6.89%, while SPDR S&P Kensho Final Frontiers ETF (ROKT) has a volatility of 7.76%. This indicates that FSDAX experiences smaller price fluctuations and is considered to be less risky than ROKT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.