FSELX vs. ENPIX
FSELX (Fidelity Select Semiconductors Portfolio) and ENPIX (ProFunds UltraSector Oil & Gas Fund) are both mutual funds - FSELX is a Semiconductors fund managed by Fidelity, while ENPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, FSELX returned 35.21%/yr vs 7.26%/yr for ENPIX. Their 0.40 correlation means their historical movements had little consistent relationship. FSELX charges 0.68%/yr vs 1.51%/yr for ENPIX.
Performance
FSELX vs. ENPIX - Performance Comparison
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Returns By Period
In the year-to-date period, FSELX achieves a 51.40% return, which is significantly higher than ENPIX's 48.17% return. Over the past 10 years, FSELX has outperformed ENPIX with an annualized return of 35.21%, while ENPIX has yielded a comparatively lower 7.26% annualized return.
FSELX
- 1D
- 1.18%
- 1M
- -6.96%
- 6M
- 37.68%
- YTD
- 51.40%
- 1Y
- 83.96%
- 3Y*
- 54.32%
- 5Y*
- 38.10%
- 10Y*
- 35.21%
- ALL TIME*
- 16.78%
ENPIX
- 1D
- -1.94%
- 1M
- 15.34%
- 6M
- 20.06%
- YTD
- 48.17%
- 1Y
- 59.33%
- 3Y*
- 14.76%
- 5Y*
- 28.74%
- 10Y*
- 7.26%
- ALL TIME*
- 5.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FSELX vs. ENPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSELX Fidelity Select Semiconductors Portfolio | 51.40% | 52.17% | 49.68% | 78.49% | -35.27% | 59.16% | 44.33% | 64.50% | -12.01% | 34.51% |
ENPIX ProFunds UltraSector Oil & Gas Fund | 48.17% | 4.99% | 2.30% | -7.46% | 92.17% | 82.32% | -53.71% | 10.35% | -30.54% | -5.59% |
Correlation
The correlation between FSELX and ENPIX is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2000 | 0.40 |
The correlation between FSELX and ENPIX shifts across timeframes, from -0.08 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FSELX vs. ENPIX — Risk / Return Rank
FSELX
ENPIX
FSELX vs. ENPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Semiconductors Portfolio (FSELX) and ProFunds UltraSector Oil & Gas Fund (ENPIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSELX | ENPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.29 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | 2.56 | +0.70 |
| Martin ratioReturn relative to average drawdown | 13.22 | 6.64 | +6.58 |
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Drawdowns
FSELX vs. ENPIX - Drawdown Comparison
The maximum FSELX drawdown since its inception was -82.54%, smaller than the maximum ENPIX drawdown of -90.12%. Use the drawdown chart below to compare losses from any high point for FSELX and ENPIX.
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Drawdown Indicators
| FSELX | ENPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.54% | -90.12% | +7.58% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -23.01% | -3.86% |
Max Drawdown (3Y)Largest decline over 3 years | -36.31% | -32.27% | -4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -46.37% | -36.48% | -9.89% |
Max Drawdown (10Y)Largest decline over 10 years | -46.37% | -84.54% | +38.17% |
Current DrawdownCurrent decline from peak | -19.94% | -10.10% | -9.84% |
Average DrawdownAverage peak-to-trough decline | -28.63% | -36.76% | +8.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 8.86% | -2.24% |
Volatility
FSELX vs. ENPIX - Volatility Comparison
Fidelity Select Semiconductors Portfolio (FSELX) has a higher volatility of 15.59% compared to ProFunds UltraSector Oil & Gas Fund (ENPIX) at 9.28%. This indicates that FSELX's price experiences larger fluctuations and is considered to be riskier than ENPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSELX | ENPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.59% | 9.28% | +6.31% |
Volatility (6M)Calculated over the trailing 6-month period | 34.29% | 25.18% | +9.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.78% | 31.58% | +9.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.42% | 38.45% | +1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.85% | 44.69% | -8.84% |
FSELX vs. ENPIX - Expense Ratio Comparison
FSELX has a 0.68% expense ratio, which is lower than ENPIX's 1.51% expense ratio.
Dividends
FSELX vs. ENPIX - Dividend Comparison
FSELX's dividend yield for the trailing twelve months is around 10.82%, more than ENPIX's 1.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENPIX ProFunds UltraSector Oil & Gas Fund | 1.87% | 2.76% | 3.19% | 0.87% | 2.76% | 1.59% | 1.76% | 1.34% | 1.76% | 0.84% | 0.57% | 0.56% |
FSELX Fidelity Select Semiconductors Portfolio | 10.82% | 11.11% | 7.97% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.44% | 3.82% | 15.22% |
Frequently Asked Questions
FSELX and ENPIX have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSELX has higher volatility (15.59%) compared to ENPIX (9.28%). In terms of maximum drawdown, FSELX dropped -82.54% vs ENPIX's -90.12%.
FSELX currently has the higher Sharpe Ratio (2.15 vs 1.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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