FSDPX vs. XLB
Compare and contrast key facts about Fidelity Select Materials Portfolio (FSDPX) and Materials Select Sector SPDR ETF (XLB).
FSDPX is managed by Fidelity. It was launched on Sep 28, 1986. XLB is a passively managed fund by State Street that tracks the performance of the Materials Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDPX or XLB.
Key characteristics
| FSDPX | XLB | |
|---|---|---|
| YTD Return | 6.68% | 9.48% |
| 1Y Return | 16.83% | 22.08% |
| 3Y Return (Ann) | 1.26% | 2.97% |
| 5Y Return (Ann) | 10.72% | 11.16% |
| 10Y Return (Ann) | 6.12% | 8.69% |
| Sharpe Ratio | 1.10 | 1.62 |
| Sortino Ratio | 1.58 | 2.25 |
| Omega Ratio | 1.20 | 1.28 |
| Calmar Ratio | 1.21 | 1.85 |
| Martin Ratio | 4.30 | 7.93 |
| Ulcer Index | 3.95% | 2.76% |
| Daily Std Dev | 15.44% | 13.55% |
| Max Drawdown | -64.19% | -59.83% |
| Current Drawdown | -3.46% | -5.30% |
Correlation
The correlation between FSDPX and XLB is 0.93, 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
FSDPX vs. XLB - Performance Comparison
In the year-to-date period, FSDPX achieves a 6.68% return, which is significantly lower than XLB's 9.48% return. Over the past 10 years, FSDPX has underperformed XLB with an annualized return of 6.12%, while XLB has yielded a comparatively higher 8.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSDPX vs. XLB - Expense Ratio Comparison
FSDPX has a 0.74% expense ratio, which is higher than XLB's 0.13% expense ratio.
Risk-Adjusted Performance
FSDPX vs. XLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Materials Portfolio (FSDPX) and Materials Select Sector SPDR ETF (XLB). 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
FSDPX vs. XLB - Dividend Comparison
FSDPX's dividend yield for the trailing twelve months is around 1.39%, less than XLB's 1.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDPX Fidelity Select Materials Portfolio | 1.39% | 1.37% | 1.08% | 0.71% | 0.68% | 1.22% | 1.50% | 0.85% | 1.05% | 1.15% | 4.03% | 3.02% |
XLB Materials Select Sector SPDR ETF | 1.90% | 2.00% | 2.26% | 1.62% | 1.72% | 1.98% | 2.20% | 1.66% | 1.95% | 2.24% | 1.97% | 2.08% |
Drawdowns
FSDPX vs. XLB - Drawdown Comparison
The maximum FSDPX drawdown since its inception was -64.19%, which is greater than XLB's maximum drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for FSDPX and XLB. For additional features, visit the drawdowns tool.
Volatility
FSDPX vs. XLB - Volatility Comparison
Fidelity Select Materials Portfolio (FSDPX) has a higher volatility of 4.17% compared to Materials Select Sector SPDR ETF (XLB) at 3.67%. This indicates that FSDPX's price experiences larger fluctuations and is considered to be riskier than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.