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.
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.
Performance
FSHCX vs. FSMEX - Performance Comparison
Key characteristics
FSHCX:
-0.92
FSMEX:
0.17
FSHCX:
-1.18
FSMEX:
0.32
FSHCX:
0.85
FSMEX:
1.05
FSHCX:
-0.66
FSMEX:
0.09
FSHCX:
-2.00
FSMEX:
0.64
FSHCX:
7.69%
FSMEX:
4.40%
FSHCX:
16.77%
FSMEX:
16.92%
FSHCX:
-57.77%
FSMEX:
-43.45%
FSHCX:
-22.63%
FSMEX:
-30.66%
Returns By Period
In the year-to-date period, FSHCX achieves a -16.42% return, which is significantly lower than FSMEX's -0.02% return. Over the past 10 years, FSHCX has underperformed FSMEX with an annualized return of 3.51%, while FSMEX has yielded a comparatively higher 5.90% annualized return.
FSHCX
-16.42%
-8.94%
-8.66%
-15.80%
1.65%
3.51%
FSMEX
-0.02%
-6.98%
-1.92%
1.42%
0.60%
5.90%
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FSHCX vs. FSMEX - Expense Ratio Comparison
FSHCX has a 0.71% expense ratio, which is higher than FSMEX's 0.68% expense ratio.
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 0.43%, 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 | 0.43% | 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
The current volatility for Fidelity Select Health Care Services Portfolio (FSHCX) is 6.49%, while Fidelity Select Medical Technology and Devices Portfolio (FSMEX) has a volatility of 8.54%. This indicates that FSHCX experiences smaller price fluctuations and is considered to be less risky than FSMEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.