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FSHOX vs. FSKAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSHOX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Construction & Housing Portfolio (FSHOX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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FSHOX vs. FSKAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSHOX
Fidelity Select Construction & Housing Portfolio
-3.21%5.24%15.28%30.85%-22.76%57.51%25.95%41.15%-15.87%26.25%
FSKAX
Fidelity Total Market Index Fund
-6.77%17.06%23.89%26.12%-19.53%25.66%20.79%30.92%-5.32%20.85%

Returns By Period

In the year-to-date period, FSHOX achieves a -3.21% return, which is significantly higher than FSKAX's -6.77% return. Both investments have delivered pretty close results over the past 10 years, with FSHOX having a 13.80% annualized return and FSKAX not far behind at 13.23%.


FSHOX

1D
-0.98%
1M
-13.82%
YTD
-3.21%
6M
-7.81%
1Y
8.36%
3Y*
13.51%
5Y*
9.42%
10Y*
13.80%

FSKAX

1D
-0.47%
1M
-7.69%
YTD
-6.77%
6M
-4.56%
1Y
14.73%
3Y*
16.72%
5Y*
10.13%
10Y*
13.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSHOX vs. FSKAX - Expense Ratio Comparison

FSHOX has a 0.76% expense ratio, which is higher than FSKAX's 0.02% expense ratio.


Return for Risk

FSHOX vs. FSKAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSHOX
FSHOX Risk / Return Rank: 1717
Overall Rank
FSHOX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
FSHOX Sortino Ratio Rank: 2020
Sortino Ratio Rank
FSHOX Omega Ratio Rank: 1616
Omega Ratio Rank
FSHOX Calmar Ratio Rank: 1616
Calmar Ratio Rank
FSHOX Martin Ratio Rank: 1515
Martin Ratio Rank

FSKAX
FSKAX Risk / Return Rank: 4545
Overall Rank
FSKAX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FSKAX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FSKAX Omega Ratio Rank: 4848
Omega Ratio Rank
FSKAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FSKAX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSHOX vs. FSKAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Construction & Housing Portfolio (FSHOX) and Fidelity Total Market Index Fund (FSKAX). 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.


FSHOXFSKAXDifference

Sharpe ratio

Return per unit of total volatility

0.44

0.83

-0.39

Sortino ratio

Return per unit of downside risk

0.81

1.29

-0.48

Omega ratio

Gain probability vs. loss probability

1.09

1.19

-0.10

Calmar ratio

Return relative to maximum drawdown

0.44

1.04

-0.60

Martin ratio

Return relative to average drawdown

1.38

5.05

-3.67

FSHOX vs. FSKAX - Sharpe Ratio Comparison

The current FSHOX Sharpe Ratio is 0.44, which is lower than the FSKAX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FSHOX and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSHOXFSKAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.44

0.83

-0.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

0.59

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.62

0.72

-0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.78

-0.22

Correlation

The correlation between FSHOX and FSKAX is 0.80, 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.


Dividends

FSHOX vs. FSKAX - Dividend Comparison

FSHOX's dividend yield for the trailing twelve months is around 4.04%, more than FSKAX's 1.09% yield.


TTM20252024202320222021202020192018201720162015
FSHOX
Fidelity Select Construction & Housing Portfolio
4.04%3.91%4.05%0.82%0.80%5.45%4.73%7.91%15.47%13.62%3.61%3.26%
FSKAX
Fidelity Total Market Index Fund
1.09%1.01%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.07%2.43%0.82%

Drawdowns

FSHOX vs. FSKAX - Drawdown Comparison

The maximum FSHOX drawdown since its inception was -61.68%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FSHOX and FSKAX.


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Drawdown Indicators


FSHOXFSKAXDifference

Max Drawdown

Largest peak-to-trough decline

-61.68%

-35.01%

-26.67%

Max Drawdown (1Y)

Largest decline over 1 year

-16.54%

-12.42%

-4.12%

Max Drawdown (5Y)

Largest decline over 5 years

-33.23%

-25.39%

-7.84%

Max Drawdown (10Y)

Largest decline over 10 years

-43.67%

-35.01%

-8.66%

Current Drawdown

Current decline from peak

-16.54%

-8.92%

-7.62%

Average Drawdown

Average peak-to-trough decline

-9.85%

-4.05%

-5.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.31%

2.57%

+2.74%

Volatility

FSHOX vs. FSKAX - Volatility Comparison

Fidelity Select Construction & Housing Portfolio (FSHOX) has a higher volatility of 6.83% compared to Fidelity Total Market Index Fund (FSKAX) at 4.42%. This indicates that FSHOX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSHOXFSKAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.83%

4.42%

+2.41%

Volatility (6M)

Calculated over the trailing 6-month period

13.61%

9.40%

+4.21%

Volatility (1Y)

Calculated over the trailing 1-year period

21.59%

18.50%

+3.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.41%

17.38%

+4.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.30%

18.42%

+3.88%