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FSELX vs. FELAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FSELX vs. FELAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Semiconductors Portfolio (FSELX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%JuneJulyAugustSeptemberOctoberNovember
588.52%
754.70%
FSELX
FELAX

Returns By Period

The year-to-date returns for both stocks are quite close, with FSELX having a 37.98% return and FELAX slightly lower at 36.21%. Over the past 10 years, FSELX has underperformed FELAX with an annualized return of 17.99%, while FELAX has yielded a comparatively higher 20.66% annualized return.


FSELX

YTD

37.98%

1M

-3.46%

6M

5.09%

1Y

41.32%

5Y (annualized)

22.76%

10Y (annualized)

17.99%

FELAX

YTD

36.21%

1M

-5.04%

6M

4.00%

1Y

43.56%

5Y (annualized)

26.26%

10Y (annualized)

20.66%

Key characteristics


FSELXFELAX
Sharpe Ratio1.131.23
Sortino Ratio1.651.75
Omega Ratio1.211.22
Calmar Ratio1.681.81
Martin Ratio4.775.11
Ulcer Index8.57%8.58%
Daily Std Dev36.04%35.55%
Max Drawdown-81.70%-71.33%
Current Drawdown-11.60%-12.71%

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FSELX vs. FELAX - Expense Ratio Comparison

FSELX has a 0.68% expense ratio, which is lower than FELAX's 1.01% expense ratio.


FELAX
Fidelity Advisor Semiconductors Fund Class A
Expense ratio chart for FELAX: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.01.0

The correlation between FSELX and FELAX is 0.99, 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

FSELX vs. FELAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Semiconductors Portfolio (FSELX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). 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.


Sharpe ratio
The chart of Sharpe ratio for FSELX, currently valued at 1.13, compared to the broader market0.002.004.001.131.23
The chart of Sortino ratio for FSELX, currently valued at 1.65, compared to the broader market0.005.0010.001.651.75
The chart of Omega ratio for FSELX, currently valued at 1.21, compared to the broader market1.002.003.004.001.211.22
The chart of Calmar ratio for FSELX, currently valued at 1.68, compared to the broader market0.005.0010.0015.0020.0025.001.681.81
The chart of Martin ratio for FSELX, currently valued at 4.77, compared to the broader market0.0020.0040.0060.0080.00100.004.775.11
FSELX
FELAX

The current FSELX Sharpe Ratio is 1.13, which is comparable to the FELAX Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of FSELX and FELAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.13
1.23
FSELX
FELAX

Dividends

FSELX vs. FELAX - Dividend Comparison

FSELX's dividend yield for the trailing twelve months is around 0.07%, while FELAX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FSELX
Fidelity Select Semiconductors Portfolio
0.07%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.00%0.00%0.00%0.00%0.11%0.26%0.61%0.49%0.24%10.72%0.04%0.00%

Drawdowns

FSELX vs. FELAX - Drawdown Comparison

The maximum FSELX drawdown since its inception was -81.70%, which is greater than FELAX's maximum drawdown of -71.33%. Use the drawdown chart below to compare losses from any high point for FSELX and FELAX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-11.60%
-12.71%
FSELX
FELAX

Volatility

FSELX vs. FELAX - Volatility Comparison

Fidelity Select Semiconductors Portfolio (FSELX) and Fidelity Advisor Semiconductors Fund Class A (FELAX) have volatilities of 9.31% and 9.14%, 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.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JuneJulyAugustSeptemberOctoberNovember
9.31%
9.14%
FSELX
FELAX