FSHCX vs. FHLC
Compare and contrast key facts about Fidelity Select Health Care Services Portfolio (FSHCX) and Fidelity MSCI Health Care Index ETF (FHLC).
FSHCX is managed by Fidelity. It was launched on Jun 30, 1986. FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHCX or FHLC.
Performance
FSHCX vs. FHLC - Performance Comparison
Returns By Period
In the year-to-date period, FSHCX achieves a -8.35% return, which is significantly lower than FHLC's 5.09% return. Over the past 10 years, FSHCX has underperformed FHLC with an annualized return of 4.37%, while FHLC has yielded a comparatively higher 9.24% annualized return.
FSHCX
-8.35%
-3.27%
-2.98%
-5.09%
4.52%
4.37%
FHLC
5.09%
-7.28%
-1.64%
13.46%
8.87%
9.24%
Key characteristics
| FSHCX | FHLC | |
|---|---|---|
| Sharpe Ratio | -0.34 | 1.19 |
| Sortino Ratio | -0.37 | 1.68 |
| Omega Ratio | 0.95 | 1.22 |
| Calmar Ratio | -0.32 | 1.25 |
| Martin Ratio | -0.81 | 5.19 |
| Ulcer Index | 6.79% | 2.58% |
| Daily Std Dev | 16.07% | 11.28% |
| Max Drawdown | -57.77% | -28.76% |
| Current Drawdown | -15.16% | -9.05% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSHCX vs. FHLC - Expense Ratio Comparison
FSHCX has a 0.71% expense ratio, which is higher than FHLC's 0.08% expense ratio.
Correlation
The correlation between FSHCX and FHLC is 0.77, 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.
Risk-Adjusted Performance
FSHCX vs. FHLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Health Care Services Portfolio (FSHCX) and Fidelity MSCI Health Care Index ETF (FHLC). 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
FSHCX vs. FHLC - Dividend Comparison
FSHCX's dividend yield for the trailing twelve months is around 0.39%, less than FHLC's 1.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHCX Fidelity Select Health Care Services Portfolio | 0.39% | 0.35% | 0.23% | 0.21% | 0.76% | 0.27% | 0.12% | 0.11% | 0.16% | 1.91% | 3.52% | 5.98% |
FHLC Fidelity MSCI Health Care Index ETF | 1.42% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% | 0.20% |
Drawdowns
FSHCX vs. FHLC - Drawdown Comparison
The maximum FSHCX drawdown since its inception was -57.77%, which is greater than FHLC's maximum drawdown of -28.76%. Use the drawdown chart below to compare losses from any high point for FSHCX and FHLC. For additional features, visit the drawdowns tool.
Volatility
FSHCX vs. FHLC - Volatility Comparison
Fidelity Select Health Care Services Portfolio (FSHCX) has a higher volatility of 5.91% compared to Fidelity MSCI Health Care Index ETF (FHLC) at 3.76%. This indicates that FSHCX's price experiences larger fluctuations and is considered to be riskier than FHLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.