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FSELX vs. FZROX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSELX vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Semiconductors Portfolio (FSELX) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

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FSELX vs. FZROX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FSELX
Fidelity Select Semiconductors Portfolio
0.00%52.17%49.68%78.49%-35.27%59.16%44.33%64.50%-16.71%
FZROX
Fidelity ZERO Total Market Index Fund
-6.77%17.23%23.94%26.20%-19.21%26.00%20.51%31.15%-12.72%

Returns By Period


FSELX

1D
-4.27%
1M
-9.75%
YTD
0.00%
6M
7.40%
1Y
85.27%
3Y*
43.05%
5Y*
30.67%
10Y*
31.42%

FZROX

1D
-0.45%
1M
-7.71%
YTD
-6.77%
6M
-4.49%
1Y
14.82%
3Y*
16.81%
5Y*
10.36%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSELX vs. FZROX - Expense Ratio Comparison

FSELX has a 0.68% expense ratio, which is higher than FZROX's 0.00% expense ratio.


Return for Risk

FSELX vs. FZROX — Risk / Return Rank

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

FSELX
FSELX Risk / Return Rank: 9494
Overall Rank
FSELX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FSELX Sortino Ratio Rank: 9292
Sortino Ratio Rank
FSELX Omega Ratio Rank: 8989
Omega Ratio Rank
FSELX Calmar Ratio Rank: 9898
Calmar Ratio Rank
FSELX Martin Ratio Rank: 9898
Martin Ratio Rank

FZROX
FZROX Risk / Return Rank: 4646
Overall Rank
FZROX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
FZROX Sortino Ratio Rank: 4545
Sortino Ratio Rank
FZROX Omega Ratio Rank: 4949
Omega Ratio Rank
FZROX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FZROX Martin Ratio Rank: 5353
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSELX vs. FZROX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Semiconductors Portfolio (FSELX) and Fidelity ZERO Total Market Index Fund (FZROX). 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.


FSELXFZROXDifference

Sharpe ratio

Return per unit of total volatility

2.07

0.84

+1.24

Sortino ratio

Return per unit of downside risk

2.72

1.30

+1.42

Omega ratio

Gain probability vs. loss probability

1.38

1.20

+0.18

Calmar ratio

Return relative to maximum drawdown

4.58

1.05

+3.53

Martin ratio

Return relative to average drawdown

18.71

5.11

+13.60

FSELX vs. FZROX - Sharpe Ratio Comparison

The current FSELX Sharpe Ratio is 2.07, which is higher than the FZROX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FSELX and FZROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSELXFZROXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.07

0.84

+1.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.80

0.60

+0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.91

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

0.61

-0.11

Correlation

The correlation between FSELX and FZROX is 0.79, 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.


Dividends

FSELX vs. FZROX - Dividend Comparison

FSELX's dividend yield for the trailing twelve months is around 11.11%, more than FZROX's 1.10% yield.


TTM20252024202320222021202020192018201720162015
FSELX
Fidelity Select Semiconductors Portfolio
11.11%11.11%7.97%7.20%6.69%6.99%8.13%3.36%26.80%14.44%3.82%15.22%
FZROX
Fidelity ZERO Total Market Index Fund
1.10%1.02%1.16%1.36%1.57%1.25%1.27%1.51%0.00%0.00%0.00%0.00%

Drawdowns

FSELX vs. FZROX - Drawdown Comparison

The maximum FSELX drawdown since its inception was -82.54%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FSELX and FZROX.


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Drawdown Indicators


FSELXFZROXDifference

Max Drawdown

Largest peak-to-trough decline

-82.54%

-34.96%

-47.58%

Max Drawdown (1Y)

Largest decline over 1 year

-17.23%

-12.44%

-4.79%

Max Drawdown (5Y)

Largest decline over 5 years

-46.37%

-25.12%

-21.25%

Max Drawdown (10Y)

Largest decline over 10 years

-46.37%

Current Drawdown

Current decline from peak

-14.38%

-8.89%

-5.49%

Average Drawdown

Average peak-to-trough decline

-28.82%

-5.61%

-23.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.21%

2.56%

+1.65%

Volatility

FSELX vs. FZROX - Volatility Comparison

Fidelity Select Semiconductors Portfolio (FSELX) has a higher volatility of 10.47% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FSELX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSELXFZROXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.47%

4.41%

+6.06%

Volatility (6M)

Calculated over the trailing 6-month period

24.91%

9.34%

+15.57%

Volatility (1Y)

Calculated over the trailing 1-year period

40.89%

18.49%

+22.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.58%

17.40%

+21.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.71%

20.25%

+14.46%