FSELX vs. NGD

Last updated Jun 13, 2026

FSELX (Fidelity Select Semiconductors Portfolio) is Semiconductors fund managed by Fidelity, while NGD (New Gold Inc.) is a stock. At a 0.16 correlation, their price movements are largely independent.

Performance

FSELX vs. NGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Semiconductors Portfolio (FSELX) and New Gold Inc. (NGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FSELX

• 1D: 6.51%
• 1M: 9.39%
• YTD: 74.64%
• 6M: 78.43%
• 1Y: 145.49%
• 3Y*: 63.72%
• 5Y*: 44.40%
• 10Y*: 38.57%

NGD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSELX vs. NGD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSELX Fidelity Select Semiconductors Portfolio	74.64%	52.17%	49.68%	78.49%	-35.27%	59.16%	44.33%	64.50%	-12.01%	34.51%
NGD New Gold Inc.	4.25%	251.21%	69.86%	48.98%	-34.67%	-31.51%	148.86%	16.28%	-77.00%	-6.00%

Correlation

The correlation between FSELX and NGD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Nov 18, 2004	0.16

Return for Risk

FSELX vs. NGD — Risk / Return Rank

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

FSELX

FSELX Risk / Return Rank: 95
FSELX Sharpe Ratio Rank: 99
FSELX Sortino Ratio Rank: 92
FSELX Omega Ratio Rank: 89
FSELX Calmar Ratio Rank: 99
FSELX Martin Ratio Rank: 99

NGD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. NGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Semiconductors Portfolio (FSELX) and New Gold Inc. (NGD). 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	NGD	Difference
Sharpe ratio: Return per unit of total volatility	4.03	—	—
Sortino ratio: Return per unit of downside risk	4.13	—	—
Omega ratio: Gain probability vs. loss probability	1.57	—	—
Calmar ratio: Return relative to maximum drawdown	9.83	—	—
Martin ratio: Return relative to average drawdown	35.64	—	—

Drawdowns

Drawdown Indicators

	FSELX	NGD	Difference
Max Drawdown Largest peak-to-trough decline	-82.54%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-36.31%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-46.37%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.37%	—	—
Current Drawdown Current decline from peak	-6.32%	—	—
Average Drawdown Average peak-to-trough decline	-28.68%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	—	—

Volatility

Volatility by Period

	FSELX	NGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.38%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.29%	—	—

Dividends

FSELX vs. NGD - Dividend Comparison

FSELX's dividend yield for the trailing twelve months is around 9.38%, while NGD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSELX Fidelity Select Semiconductors Portfolio	9.38%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%
NGD New Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FSELX and NGD in my portfolio?

FSELX and NGD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.