FSENX vs. XLE
Compare and contrast key facts about Fidelity Select Energy Portfolio (FSENX) and Energy Select Sector SPDR Fund (XLE).
FSENX is managed by Fidelity. It was launched on Jul 14, 1981. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSENX or XLE.
Key characteristics
| FSENX | XLE | |
|---|---|---|
| YTD Return | 10.86% | 15.50% |
| 1Y Return | 8.43% | 15.34% |
| 3Y Return (Ann) | 20.96% | 22.65% |
| 5Y Return (Ann) | 14.91% | 14.95% |
| 10Y Return (Ann) | 3.49% | 4.96% |
| Sharpe Ratio | 0.49 | 0.92 |
| Sortino Ratio | 0.79 | 1.33 |
| Omega Ratio | 1.10 | 1.17 |
| Calmar Ratio | 0.59 | 1.23 |
| Martin Ratio | 1.36 | 2.87 |
| Ulcer Index | 6.89% | 5.71% |
| Daily Std Dev | 18.98% | 17.81% |
| Max Drawdown | -76.56% | -71.54% |
| Current Drawdown | -7.72% | -2.06% |
Correlation
The correlation between FSENX and XLE is 0.96, 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.
Performance
FSENX vs. XLE - Performance Comparison
In the year-to-date period, FSENX achieves a 10.86% return, which is significantly lower than XLE's 15.50% return. Over the past 10 years, FSENX has underperformed XLE with an annualized return of 3.49%, while XLE has yielded a comparatively higher 4.96% 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. XLE - Expense Ratio Comparison
FSENX has a 0.77% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
FSENX vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Energy Portfolio (FSENX) and Energy Select Sector SPDR Fund (XLE). 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. XLE - Dividend Comparison
FSENX's dividend yield for the trailing twelve months is around 1.90%, less than XLE's 3.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSENX Fidelity Select Energy Portfolio | 1.90% | 1.98% | 2.50% | 2.25% | 3.43% | 1.79% | 1.44% | 1.51% | 0.50% | 1.35% | 7.36% | 13.05% |
XLE Energy Select Sector SPDR Fund | 3.15% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
FSENX vs. XLE - Drawdown Comparison
The maximum FSENX drawdown since its inception was -76.56%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for FSENX and XLE. For additional features, visit the drawdowns tool.
Volatility
FSENX vs. XLE - Volatility Comparison
Fidelity Select Energy Portfolio (FSENX) and Energy Select Sector SPDR Fund (XLE) have volatilities of 4.74% and 4.83%, 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.