FSENX vs. SPY
Compare and contrast key facts about Fidelity Select Energy Portfolio (FSENX) and SPDR S&P 500 ETF (SPY).
FSENX is managed by Fidelity. It was launched on Jul 14, 1981. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSENX or SPY.
Key characteristics
| FSENX | SPY | |
|---|---|---|
| YTD Return | 11.29% | 27.16% |
| 1Y Return | 10.72% | 37.73% |
| 3Y Return (Ann) | 21.18% | 10.28% |
| 5Y Return (Ann) | 15.13% | 15.97% |
| 10Y Return (Ann) | 3.53% | 13.38% |
| Sharpe Ratio | 0.63 | 3.25 |
| Sortino Ratio | 0.96 | 4.32 |
| Omega Ratio | 1.12 | 1.61 |
| Calmar Ratio | 0.75 | 4.74 |
| Martin Ratio | 1.76 | 21.51 |
| Ulcer Index | 6.85% | 1.85% |
| Daily Std Dev | 19.02% | 12.20% |
| Max Drawdown | -76.56% | -55.19% |
| Current Drawdown | -7.36% | 0.00% |
Correlation
The correlation between FSENX and SPY is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSENX vs. SPY - Performance Comparison
In the year-to-date period, FSENX achieves a 11.29% return, which is significantly lower than SPY's 27.16% return. Over the past 10 years, FSENX has underperformed SPY with an annualized return of 3.53%, while SPY has yielded a comparatively higher 13.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSENX vs. SPY - Expense Ratio Comparison
FSENX has a 0.77% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FSENX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Energy Portfolio (FSENX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FSENX vs. SPY - Dividend Comparison
FSENX's dividend yield for the trailing twelve months is around 1.89%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSENX Fidelity Select Energy Portfolio | 1.89% | 1.98% | 2.50% | 2.25% | 3.43% | 1.79% | 1.44% | 1.51% | 0.50% | 1.35% | 7.36% | 13.05% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FSENX vs. SPY - Drawdown Comparison
The maximum FSENX drawdown since its inception was -76.56%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FSENX and SPY. For additional features, visit the drawdowns tool.
Volatility
FSENX vs. SPY - Volatility Comparison
Fidelity Select Energy Portfolio (FSENX) has a higher volatility of 6.00% compared to SPDR S&P 500 ETF (SPY) at 3.92%. This indicates that FSENX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.