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.
Performance
FSDAX vs. ROKT - Performance Comparison
Returns By Period
In the year-to-date period, FSDAX achieves a 15.76% return, which is significantly lower than ROKT's 24.98% return.
FSDAX
15.76%
-3.45%
9.44%
19.72%
0.95%
6.07%
ROKT
24.98%
6.53%
21.17%
36.08%
10.41%
N/A
Key characteristics
| FSDAX | ROKT | |
|---|---|---|
| Sharpe Ratio | 1.31 | 2.20 |
| Sortino Ratio | 1.77 | 3.02 |
| Omega Ratio | 1.25 | 1.39 |
| Calmar Ratio | 1.16 | 4.93 |
| Martin Ratio | 5.51 | 12.39 |
| Ulcer Index | 3.85% | 3.00% |
| Daily Std Dev | 16.17% | 16.88% |
| Max Drawdown | -60.20% | -43.16% |
| Current Drawdown | -4.02% | -1.78% |
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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.
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.
Risk-Adjusted Performance
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 0.54%, less than ROKT's 0.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDAX Fidelity Select Defense & Aerospace Portfolio | 0.54% | 0.64% | 0.42% | 0.00% | 0.30% | 1.19% | 0.68% | 0.41% | 0.89% | 4.62% | 4.99% | 5.67% |
ROKT SPDR S&P Kensho Final Frontiers ETF | 0.55% | 0.62% | 0.54% | 1.79% | 0.48% | 0.74% | 0.16% | 0.00% | 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
Fidelity Select Defense & Aerospace Portfolio (FSDAX) and SPDR S&P Kensho Final Frontiers ETF (ROKT) have volatilities of 7.20% and 7.48%, 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.