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

Correlation

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.


-0.50.00.51.01.0

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.

-15.00%-10.00%-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
4.41%
2.33%
FSELX
FELAX

Key characteristics

Sharpe Ratio

FSELX:

1.26

FELAX:

1.16

Sortino Ratio

FSELX:

1.79

FELAX:

1.67

Omega Ratio

FSELX:

1.22

FELAX:

1.21

Calmar Ratio

FSELX:

1.89

FELAX:

1.78

Martin Ratio

FSELX:

5.11

FELAX:

4.61

Ulcer Index

FSELX:

9.00%

FELAX:

9.33%

Daily Std Dev

FSELX:

36.55%

FELAX:

37.02%

Max Drawdown

FSELX:

-81.70%

FELAX:

-71.33%

Current Drawdown

FSELX:

-6.82%

FELAX:

-8.89%

Returns By Period

The year-to-date returns for both investments are quite close, with FSELX having a 5.38% return and FELAX slightly higher at 5.57%. Over the past 10 years, FSELX has underperformed FELAX with an annualized return of 17.79%, while FELAX has yielded a comparatively higher 20.44% annualized return.


FSELX

YTD

5.38%

1M

1.64%

6M

4.41%

1Y

41.59%

5Y*

22.31%

10Y*

17.79%

FELAX

YTD

5.57%

1M

-0.85%

6M

2.33%

1Y

38.75%

5Y*

24.81%

10Y*

20.44%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

Risk-Adjusted Performance

FSELX vs. FELAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSELX
The Risk-Adjusted Performance Rank of FSELX is 6666
Overall Rank
The Sharpe Ratio Rank of FSELX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 8282
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 6060
Martin Ratio Rank

FELAX
The Risk-Adjusted Performance Rank of FELAX is 6363
Overall Rank
The Sharpe Ratio Rank of FELAX is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of FELAX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of FELAX is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FELAX is 8282
Calmar Ratio Rank
The Martin Ratio Rank of FELAX is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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 1.26, compared to the broader market-1.000.001.002.003.004.001.261.16
The chart of Sortino ratio for FSELX, currently valued at 1.79, compared to the broader market0.005.0010.001.791.67
The chart of Omega ratio for FSELX, currently valued at 1.22, compared to the broader market1.002.003.004.001.221.21
The chart of Calmar ratio for FSELX, currently valued at 1.89, compared to the broader market0.005.0010.0015.0020.001.891.78
The chart of Martin ratio for FSELX, currently valued at 5.11, compared to the broader market0.0020.0040.0060.0080.005.114.61
FSELX
FELAX

The current FSELX Sharpe Ratio is 1.26, which is comparable to the FELAX Sharpe Ratio of 1.16. 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 Ratio0.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
1.26
1.16
FSELX
FELAX

Dividends

FSELX vs. FELAX - Dividend Comparison

Neither FSELX nor FELAX has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.54%
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.00%0.00%0.00%0.00%0.00%0.11%0.26%0.61%0.49%0.24%10.72%0.04%

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%AugustSeptemberOctoberNovemberDecember2025
-6.82%
-8.89%
FSELX
FELAX

Volatility

FSELX vs. FELAX - Volatility Comparison

The current volatility for Fidelity Select Semiconductors Portfolio (FSELX) is 9.42%, while Fidelity Advisor Semiconductors Fund Class A (FELAX) has a volatility of 11.38%. This indicates that FSELX experiences smaller price fluctuations and is considered to be less risky than FELAX based on this measure. 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%AugustSeptemberOctoberNovemberDecember2025
9.42%
11.38%
FSELX
FELAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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