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.
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.
Performance
FSDAX vs. XAR - Performance Comparison
Key characteristics
FSDAX:
0.68
XAR:
1.50
FSDAX:
0.99
XAR:
2.06
FSDAX:
1.13
XAR:
1.26
FSDAX:
0.62
XAR:
3.34
FSDAX:
4.08
XAR:
8.92
FSDAX:
2.77%
XAR:
3.01%
FSDAX:
16.61%
XAR:
17.87%
FSDAX:
-60.20%
XAR:
-46.37%
FSDAX:
-5.09%
XAR:
-5.76%
Returns By Period
In the year-to-date period, FSDAX achieves a 14.46% return, which is significantly lower than XAR's 23.29% return. Over the past 10 years, FSDAX has underperformed XAR with an annualized return of 5.96%, while XAR has yielded a comparatively higher 12.82% annualized return.
FSDAX
14.46%
-1.52%
8.75%
15.41%
1.34%
5.96%
XAR
23.29%
-2.24%
17.32%
23.19%
9.29%
12.82%
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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.
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 0.10%, less than XAR's 0.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDAX Fidelity Select Defense & Aerospace Portfolio | 0.10% | 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 | 0.32% | 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 5.49%, while SPDR S&P Aerospace & Defense ETF (XAR) has a volatility of 7.27%. 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.