FSHOX vs. ITB
Compare and contrast key facts about Fidelity Select Construction & Housing Portfolio (FSHOX) and iShares U.S. Home Construction ETF (ITB).
FSHOX is managed by Fidelity Investments. It was launched on Sep 28, 1986. ITB is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Home Construction Index. It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHOX or ITB.
Key characteristics
| FSHOX | ITB | |
|---|---|---|
| YTD Return | 24.11% | 16.44% |
| 1Y Return | 40.78% | 36.84% |
| 3Y Return (Ann) | 9.24% | 16.26% |
| 5Y Return (Ann) | 16.19% | 22.14% |
| 10Y Return (Ann) | 9.59% | 17.39% |
| Sharpe Ratio | 2.51 | 1.70 |
| Sortino Ratio | 3.47 | 2.41 |
| Omega Ratio | 1.43 | 1.30 |
| Calmar Ratio | 3.77 | 2.89 |
| Martin Ratio | 10.55 | 7.50 |
| Ulcer Index | 4.56% | 6.04% |
| Daily Std Dev | 19.20% | 26.67% |
| Max Drawdown | -60.78% | -86.53% |
| Current Drawdown | -1.21% | -8.71% |
Correlation
The correlation between FSHOX and ITB is 0.86, 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
FSHOX vs. ITB - Performance Comparison
In the year-to-date period, FSHOX achieves a 24.11% return, which is significantly higher than ITB's 16.44% return. Over the past 10 years, FSHOX has underperformed ITB with an annualized return of 9.59%, while ITB has yielded a comparatively higher 17.39% 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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FSHOX vs. ITB - Expense Ratio Comparison
FSHOX has a 0.76% expense ratio, which is higher than ITB's 0.42% expense ratio.
Risk-Adjusted Performance
FSHOX vs. ITB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Construction & Housing Portfolio (FSHOX) and iShares U.S. Home Construction ETF (ITB). 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
FSHOX vs. ITB - Dividend Comparison
FSHOX's dividend yield for the trailing twelve months is around 0.66%, more than ITB's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHOX Fidelity Select Construction & Housing Portfolio | 0.66% | 0.82% | 0.80% | 0.49% | 0.84% | 0.96% | 1.16% | 0.47% | 0.77% | 2.07% | 4.92% | 8.70% |
ITB iShares U.S. Home Construction ETF | 0.39% | 0.48% | 0.86% | 0.37% | 0.46% | 0.50% | 0.63% | 0.28% | 0.43% | 0.34% | 0.34% | 0.12% |
Drawdowns
FSHOX vs. ITB - Drawdown Comparison
The maximum FSHOX drawdown since its inception was -60.78%, smaller than the maximum ITB drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for FSHOX and ITB. For additional features, visit the drawdowns tool.
Volatility
FSHOX vs. ITB - Volatility Comparison
The current volatility for Fidelity Select Construction & Housing Portfolio (FSHOX) is 4.88%, while iShares U.S. Home Construction ETF (ITB) has a volatility of 7.93%. This indicates that FSHOX experiences smaller price fluctuations and is considered to be less risky than ITB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.