PortfoliosLab logo
FSELX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSELX and QQQ is 0.75, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FSELX vs. QQQ - Performance Comparison

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

700.00%800.00%900.00%1,000.00%1,100.00%1,200.00%NovemberDecember2025FebruaryMarchApril
787.39%
978.32%
FSELX
QQQ

Key characteristics

Sharpe Ratio

FSELX:

-0.14

QQQ:

0.49

Sortino Ratio

FSELX:

0.12

QQQ:

0.85

Omega Ratio

FSELX:

1.02

QQQ:

1.12

Calmar Ratio

FSELX:

-0.17

QQQ:

0.54

Martin Ratio

FSELX:

-0.46

QQQ:

1.86

Ulcer Index

FSELX:

14.46%

QQQ:

6.59%

Daily Std Dev

FSELX:

46.62%

QQQ:

25.26%

Max Drawdown

FSELX:

-81.70%

QQQ:

-82.98%

Current Drawdown

FSELX:

-32.13%

QQQ:

-13.25%

Returns By Period

In the year-to-date period, FSELX achieves a -23.24% return, which is significantly lower than QQQ's -8.45% return. Over the past 10 years, FSELX has underperformed QQQ with an annualized return of 13.47%, while QQQ has yielded a comparatively higher 16.49% annualized return.


FSELX

YTD

-23.24%

1M

-15.33%

6M

-26.43%

1Y

-9.48%

5Y*

20.36%

10Y*

13.47%

QQQ

YTD

-8.45%

1M

-5.29%

6M

-4.78%

1Y

10.24%

5Y*

17.72%

10Y*

16.49%

*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. QQQ - Expense Ratio Comparison

FSELX has a 0.68% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Expense ratio chart for FSELX: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSELX: 0.68%
Expense ratio chart for QQQ: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQ: 0.20%

Risk-Adjusted Performance

FSELX vs. QQQ — 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 1919
Overall Rank
The Sharpe Ratio Rank of FSELX is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 2626
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 1212
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 1515
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6161
Overall Rank
The Sharpe Ratio Rank of QQQ is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6161
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6161
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6767
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5959
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. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Semiconductors Portfolio (FSELX) and Invesco QQQ (QQQ). 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.


The chart of Sharpe ratio for FSELX, currently valued at -0.14, compared to the broader market-1.000.001.002.003.00
FSELX: -0.14
QQQ: 0.49
The chart of Sortino ratio for FSELX, currently valued at 0.12, compared to the broader market-2.000.002.004.006.008.00
FSELX: 0.12
QQQ: 0.85
The chart of Omega ratio for FSELX, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.00
FSELX: 1.02
QQQ: 1.12
The chart of Calmar ratio for FSELX, currently valued at -0.17, compared to the broader market0.002.004.006.008.0010.00
FSELX: -0.17
QQQ: 0.54
The chart of Martin ratio for FSELX, currently valued at -0.46, compared to the broader market0.0010.0020.0030.0040.0050.00
FSELX: -0.46
QQQ: 1.86

The current FSELX Sharpe Ratio is -0.14, which is lower than the QQQ Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of FSELX and QQQ, 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.14
0.49
FSELX
QQQ

Dividends

FSELX vs. QQQ - Dividend Comparison

FSELX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.64%.


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%3.48%
QQQ
Invesco QQQ
0.64%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

FSELX vs. QQQ - Drawdown Comparison

The maximum FSELX drawdown since its inception was -81.70%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FSELX and QQQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-32.13%
-13.25%
FSELX
QQQ

Volatility

FSELX vs. QQQ - Volatility Comparison

Fidelity Select Semiconductors Portfolio (FSELX) has a higher volatility of 26.61% compared to Invesco QQQ (QQQ) at 16.89%. This indicates that FSELX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
26.61%
16.89%
FSELX
QQQ