FSENX vs. FBGKX

Last updated Jul 31, 2026

FSENX (Fidelity Select Energy Portfolio) and FBGKX (Fidelity Blue Chip Growth Fund Class K) are both mutual funds - FSENX is a Energy Equities fund actively managed by Fidelity, while FBGKX is a Large Cap Growth Equities fund actively managed by Fidelity. Both are actively managed. Over the past 10 years, FSENX returned 9.81%/yr vs 20.31%/yr for FBGKX. Their 0.50 correlation means they have sometimes moved together and sometimes differently. FSENX charges 0.77%/yr vs 0.54%/yr for FBGKX.

Performance

FSENX vs. FBGKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Energy Portfolio (FSENX) and Fidelity Blue Chip Growth Fund Class K (FBGKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSENX achieves a 37.55% return, which is significantly higher than FBGKX's 6.84% return. Over the past 10 years, FSENX has underperformed FBGKX with an annualized return of 9.81%, while FBGKX has yielded a comparatively higher 20.31% annualized return.

FSENX

• 1D: 1.59%
• 1M: 9.38%
• 6M: 20.24%
• YTD: 37.55%
• 1Y: 44.60%
• 3Y*: 16.25%
• 5Y*: 25.29%
• 10Y*: 9.81%
• ALL TIME*: 8.25%

FBGKX

• 1D: -2.13%
• 1M: -9.02%
• 6M: 5.66%
• YTD: 6.84%
• 1Y: 18.19%
• 3Y*: 24.19%
• 5Y*: 12.89%
• 10Y*: 20.31%
• ALL TIME*: 15.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FBGKX Fidelity Blue Chip Growth Fund Class K	$0.00	$0.00	$0.00
FSENX Fidelity Select Energy Portfolio	$0.00	$0.00	$0.00

FSENX vs. FBGKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSENX Fidelity Select Energy Portfolio	37.55%	10.56%	4.26%	0.94%	62.98%	55.31%	-32.51%	9.90%	-24.94%	-2.65%
FBGKX Fidelity Blue Chip Growth Fund Class K	6.84%	19.99%	39.87%	55.76%	-38.40%	22.74%	62.35%	33.56%	1.11%	36.08%

Correlation

The correlation between FSENX and FBGKX is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.14
Correlation (3Y) Balances recent behavior with more history.	0.08
Correlation (5Y) Shows whether the relationship held over a longer period.	0.22
Correlation (10Y) Provides a long-term view across more market conditions.	0.32
Correlation (All Time) Calculated using the full available price history since May 15, 2008	0.50

The correlation between FSENX and FBGKX shifts across timeframes, from -0.14 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FSENX vs. FBGKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSENX

FSENX Risk / Return Rank: 82
FSENX Sharpe Ratio Rank: 86
FSENX Sortino Ratio Rank: 79
FSENX Omega Ratio Rank: 76
FSENX Calmar Ratio Rank: 91
FSENX Martin Ratio Rank: 77

FBGKX

FBGKX Risk / Return Rank: 29
FBGKX Sharpe Ratio Rank: 26
FBGKX Sortino Ratio Rank: 26
FBGKX Omega Ratio Rank: 25
FBGKX Calmar Ratio Rank: 33
FBGKX Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSENX vs. FBGKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Energy Portfolio (FSENX) and Fidelity Blue Chip Growth Fund Class K (FBGKX). 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.

	FSENX	FBGKX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	0.96	+1.18
Sortino ratio: Return per unit of downside risk	2.78	1.41	+1.38
Omega ratio: Gain probability vs. loss probability	1.35	1.17	+0.17
Calmar ratio: Return relative to maximum drawdown	3.53	1.51	+2.02
Martin ratio: Return relative to average drawdown	9.62	5.44	+4.18

FSENX vs. FBGKX - Sharpe Ratio Comparison

The current FSENX Sharpe Ratio is 2.14, which is higher than the FBGKX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of FSENX and FBGKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSENX vs. FBGKX - Drawdown Comparison

The maximum FSENX drawdown since its inception was -76.24%, which is greater than FBGKX's maximum drawdown of -48.90%. Use the drawdown chart below to compare losses from any high point for FSENX and FBGKX.

Drawdown Indicators

	FSENX	FBGKX	Difference
Max Drawdown Largest peak-to-trough decline	-76.24%	-48.90%	-27.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.22%	-12.63%	+0.41%
Max Drawdown (3Y) Largest decline over 3 years	-25.85%	-27.06%	+1.21%
Max Drawdown (5Y) Largest decline over 5 years	-28.02%	-43.03%	+15.01%
Max Drawdown (10Y) Largest decline over 10 years	-72.11%	-43.03%	-29.08%
Current Drawdown Current decline from peak	-3.32%	-10.59%	+7.27%
Average Drawdown Average peak-to-trough decline	-16.98%	-8.32%	-8.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.53%	3.50%	+1.03%

Volatility

FSENX vs. FBGKX - Volatility Comparison

Fidelity Select Energy Portfolio (FSENX) and Fidelity Blue Chip Growth Fund Class K (FBGKX) have volatilities of 5.88% and 5.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSENX	FBGKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	5.94%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	15.85%	15.81%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	20.17%	19.87%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.01%	25.20%	+1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.84%	23.81%	+7.03%

FSENX vs. FBGKX - Expense Ratio Comparison

FSENX has a 0.77% expense ratio, which is higher than FBGKX's 0.54% expense ratio.

Dividends

FSENX vs. FBGKX - Dividend Comparison

FSENX's dividend yield for the trailing twelve months is around 1.56%, less than FBGKX's 1.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBGKX Fidelity Blue Chip Growth Fund Class K	1.77%	1.89%	6.00%	0.93%	0.56%	8.77%	6.41%	3.70%	6.41%	4.26%	4.22%	5.36%
FSENX Fidelity Select Energy Portfolio	1.56%	1.95%	1.95%	1.98%	2.50%	2.25%	3.43%	1.84%	1.48%	1.74%	0.62%	1.29%

Frequently Asked Questions

Can I hold both FSENX and FBGKX in my portfolio?

FSENX and FBGKX have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSENX or FBGKX?

FBGKX has higher volatility (5.94%) compared to FSENX (5.88%). In terms of maximum drawdown, FSENX dropped -76.24% vs FBGKX's -48.90%.

Which has better risk-adjusted returns?

FSENX currently has the higher Sharpe Ratio (2.14 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.