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 0.87, 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:
1.30
ROKT:
2.01
FSDAX:
1.78
ROKT:
2.80
FSDAX:
1.24
ROKT:
1.37
FSDAX:
1.42
ROKT:
4.62
FSDAX:
6.51
ROKT:
13.46
FSDAX:
3.40%
ROKT:
2.90%
FSDAX:
17.00%
ROKT:
19.41%
FSDAX:
-59.85%
ROKT:
-43.16%
FSDAX:
-2.96%
ROKT:
-6.00%
Returns By Period
In the year-to-date period, FSDAX achieves a 8.13% return, which is significantly higher than ROKT's 2.00% return.
FSDAX
8.13%
8.43%
7.58%
20.30%
0.69%
5.71%
ROKT
2.00%
0.64%
24.07%
36.73%
9.56%
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 0.73%, more than ROKT's 0.56% 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% |
ROKT SPDR S&P Kensho Final Frontiers ETF | 0.56% | 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 -59.85%, 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 4.85%, while SPDR S&P Kensho Final Frontiers ETF (ROKT) has a volatility of 7.77%. 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.