FSENX vs. AMNA

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Select Energy Portfolio (FSENX) and ETRACS Alerian Midstream Energy Index ETN (AMNA).

FSENX is managed by Fidelity. It was launched on Jul 14, 1981. AMNA is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Select Index. It was launched on Jun 19, 2020.

Performance

FSENX vs. AMNA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Energy Portfolio (FSENX) and ETRACS Alerian Midstream Energy Index ETN (AMNA). The values are adjusted to include any dividend payments, if applicable.

FSENX vs. AMNA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FSENX Fidelity Select Energy Portfolio	39.52%	10.56%	4.26%	0.94%	62.98%	55.31%	4.56%
AMNA ETRACS Alerian Midstream Energy Index ETN	0.00%	0.00%	44.30%	12.50%	20.41%	36.44%	2.88%

Returns By Period

FSENX

• 1D: -0.72%
• 1M: 7.77%
• YTD: 39.52%
• 6M: 41.43%
• 1Y: 45.11%
• 3Y*: 19.09%
• 5Y*: 25.77%
• 10Y*: 11.34%

AMNA

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

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

FSENX vs. AMNA - Expense Ratio Comparison

FSENX has a 0.77% expense ratio, which is higher than AMNA's 0.75% expense ratio.

FSENX

Fidelity Select Energy Portfolio

AMNA

ETRACS Alerian Midstream Energy Index ETN

Return for Risk

FSENX vs. AMNA — Risk / Return Rank

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

FSENX

FSENX Risk / Return Rank: 86
FSENX Sharpe Ratio Rank: 90
FSENX Sortino Ratio Rank: 87
FSENX Omega Ratio Rank: 84
FSENX Calmar Ratio Rank: 88
FSENX Martin Ratio Rank: 82

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.

FSENX vs. AMNA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Energy Portfolio (FSENX) and ETRACS Alerian Midstream Energy Index ETN (AMNA). 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.

	FSENX	AMNA	Difference
Sharpe ratio Return per unit of total volatility	1.89	—	—
Sortino ratio Return per unit of downside risk	2.38	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	2.38	—	—
Martin ratio Return relative to average drawdown	8.35	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FSENX	AMNA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	—	—

Correlation

The correlation between FSENX and AMNA is 0.73, 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

FSENX vs. AMNA - Dividend Comparison

FSENX's dividend yield for the trailing twelve months is around 1.39%, while AMNA has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSENX Fidelity Select Energy Portfolio	1.39%	1.95%	1.95%	1.98%	2.50%	2.25%	3.43%	1.84%	1.48%	1.74%	0.62%	1.29%
AMNA ETRACS Alerian Midstream Energy Index ETN	0.00%	0.00%	4.32%	5.61%	5.48%	5.84%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	FSENX	AMNA	Difference
Max Drawdown Largest peak-to-trough decline	-76.24%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-19.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.11%	—	—
Current Drawdown Current decline from peak	-1.93%	—	—
Average Drawdown Average peak-to-trough decline	-17.06%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.69%	—	—

Volatility

Volatility by Period

	FSENX	AMNA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.64%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.41%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.99%	—	—