FSHCX vs. FSMEX
Compare and contrast key facts about Fidelity Select Health Care Services Portfolio (FSHCX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX).
FSHCX is managed by Fidelity. It was launched on Jun 30, 1986. FSMEX is managed by Fidelity. It was launched on Apr 28, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHCX or FSMEX.
Performance
FSHCX vs. FSMEX - Performance Comparison
Returns By Period
In the year-to-date period, FSHCX achieves a -8.35% return, which is significantly lower than FSMEX's 6.92% return. Over the past 10 years, FSHCX has underperformed FSMEX with an annualized return of 4.30%, while FSMEX has yielded a comparatively higher 5.94% annualized return.
FSHCX
-8.35%
-6.27%
-2.98%
-5.42%
4.77%
4.30%
FSMEX
6.92%
-1.68%
2.10%
20.17%
2.58%
5.94%
Key characteristics
| FSHCX | FSMEX | |
|---|---|---|
| Sharpe Ratio | -0.34 | 1.34 |
| Sortino Ratio | -0.37 | 1.93 |
| Omega Ratio | 0.95 | 1.24 |
| Calmar Ratio | -0.32 | 0.54 |
| Martin Ratio | -0.81 | 4.89 |
| Ulcer Index | 6.79% | 4.24% |
| Daily Std Dev | 16.07% | 15.45% |
| Max Drawdown | -57.77% | -43.45% |
| Current Drawdown | -15.16% | -25.85% |
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. FSMEX - Expense Ratio Comparison
FSHCX has a 0.71% expense ratio, which is higher than FSMEX's 0.68% expense ratio.
Correlation
The correlation between FSHCX and FSMEX is 0.65, 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.
Risk-Adjusted Performance
FSHCX vs. FSMEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Health Care Services Portfolio (FSHCX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX). 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. FSMEX - Dividend Comparison
FSHCX's dividend yield for the trailing twelve months is around 0.39%, while FSMEX has not paid dividends to shareholders.
| 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% |
FSMEX Fidelity Select Medical Technology and Devices Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 11.71% | 5.17% | 9.84% |
Drawdowns
FSHCX vs. FSMEX - Drawdown Comparison
The maximum FSHCX drawdown since its inception was -57.77%, which is greater than FSMEX's maximum drawdown of -43.45%. Use the drawdown chart below to compare losses from any high point for FSHCX and FSMEX. For additional features, visit the drawdowns tool.
Volatility
FSHCX vs. FSMEX - Volatility Comparison
Fidelity Select Health Care Services Portfolio (FSHCX) has a higher volatility of 6.04% compared to Fidelity Select Medical Technology and Devices Portfolio (FSMEX) at 4.56%. This indicates that FSHCX's price experiences larger fluctuations and is considered to be riskier than FSMEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.