FSDAX vs. XAR
Compare and contrast key facts about Fidelity Select Defense & Aerospace Portfolio (FSDAX) and SPDR S&P Aerospace & Defense ETF (XAR).
FSDAX is managed by Fidelity. It was launched on May 8, 1984. XAR is a passively managed fund by State Street that tracks the performance of the S&P Aerospace & Defense Select Industry. It was launched on Sep 28, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDAX or XAR.
Performance
FSDAX vs. XAR - Performance Comparison
Returns By Period
In the year-to-date period, FSDAX achieves a 16.23% return, which is significantly lower than XAR's 24.35% return. Over the past 10 years, FSDAX has underperformed XAR with an annualized return of 6.11%, while XAR has yielded a comparatively higher 13.31% annualized return.
FSDAX
16.23%
-3.62%
9.82%
19.92%
1.07%
6.11%
XAR
24.35%
2.34%
16.85%
34.43%
9.51%
13.31%
Key characteristics
| FSDAX | XAR | |
|---|---|---|
| Sharpe Ratio | 1.25 | 2.00 |
| Sortino Ratio | 1.70 | 2.71 |
| Omega Ratio | 1.24 | 1.35 |
| Calmar Ratio | 1.10 | 4.88 |
| Martin Ratio | 5.25 | 12.19 |
| Ulcer Index | 3.85% | 2.80% |
| Daily Std Dev | 16.14% | 17.09% |
| Max Drawdown | -60.20% | -46.37% |
| Current Drawdown | -3.62% | -2.08% |
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FSDAX vs. XAR - Expense Ratio Comparison
FSDAX has a 0.74% expense ratio, which is higher than XAR's 0.35% expense ratio.
Correlation
The correlation between FSDAX and XAR 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. XAR - 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 Aerospace & Defense ETF (XAR). 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. XAR - Dividend Comparison
FSDAX's dividend yield for the trailing twelve months is around 0.53%, more than XAR's 0.52% 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% |
XAR SPDR S&P Aerospace & Defense ETF | 0.52% | 0.54% | 0.50% | 0.83% | 0.63% | 0.75% | 1.19% | 0.76% | 1.10% | 2.31% | 1.07% | 1.96% |
Drawdowns
FSDAX vs. XAR - Drawdown Comparison
The maximum FSDAX drawdown since its inception was -60.20%, which is greater than XAR's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for FSDAX and XAR. For additional features, visit the drawdowns tool.
Volatility
FSDAX vs. XAR - Volatility Comparison
The current volatility for Fidelity Select Defense & Aerospace Portfolio (FSDAX) is 6.55%, while SPDR S&P Aerospace & Defense ETF (XAR) has a volatility of 7.73%. This indicates that FSDAX experiences smaller price fluctuations and is considered to be less risky than XAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.