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FSHOX vs. SOXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FSHOX vs. SOXX - Performance Comparison

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

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Returns By Period

In the year-to-date period, FSHOX achieves a 7.27% return, which is significantly lower than SOXX's 98.11% return. Over the past 10 years, FSHOX has underperformed SOXX with an annualized return of 15.05%, while SOXX has yielded a comparatively higher 35.55% annualized return.


FSHOX

1D
3.42%
1M
0.88%
YTD
7.27%
6M
4.94%
1Y
15.36%
3Y*
14.91%
5Y*
10.49%
10Y*
15.05%

SOXX

1D
1.59%
1M
12.49%
YTD
98.11%
6M
99.51%
1Y
171.57%
3Y*
53.00%
5Y*
33.69%
10Y*
35.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FSHOX vs. SOXX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSHOX
Fidelity Select Construction & Housing Portfolio
7.27%5.24%15.28%30.85%-22.76%57.51%25.95%41.15%-15.87%26.25%
SOXX
iShares Semiconductor ETF
98.11%40.74%12.92%67.12%-35.09%44.09%52.72%62.42%-6.49%39.79%

Correlation

The correlation between FSHOX and SOXX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.52

Correlation (5Y)
Calculated over the trailing 5-year period

0.60

Correlation (10Y)
Calculated over the trailing 10-year period

0.57

Correlation (All Time)
Calculated using the full available price history since Jul 13, 2001

0.60

The correlation between FSHOX and SOXX shifts across timeframes, from 0.47 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

FSHOX vs. SOXX — Risk / Return Rank

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

FSHOX
FSHOX Risk / Return Rank: 1212
Overall Rank
FSHOX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
FSHOX Sortino Ratio Rank: 1414
Sortino Ratio Rank
FSHOX Omega Ratio Rank: 1212
Omega Ratio Rank
FSHOX Calmar Ratio Rank: 1313
Calmar Ratio Rank
FSHOX Martin Ratio Rank: 1111
Martin Ratio Rank

SOXX
SOXX Risk / Return Rank: 9696
Overall Rank
SOXX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 9494
Sortino Ratio Rank
SOXX Omega Ratio Rank: 9494
Omega Ratio Rank
SOXX Calmar Ratio Rank: 9797
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9797
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. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Construction & Housing Portfolio (FSHOX) and iShares Semiconductor ETF (SOXX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FSHOXSOXXDifference
Sharpe ratioReturn per unit of total volatility

-3.76

Sortino ratioReturn per unit of downside risk

-3.21

Omega ratioGain probability vs. loss probability

1.13

1.62

-0.49

Calmar ratioReturn relative to maximum drawdown

0.84

10.50

-9.66

Martin ratioReturn relative to average drawdown

2.12

38.20

-36.08

FSHOX vs. SOXX - Sharpe Ratio Comparison

The current FSHOX Sharpe Ratio is 0.67, which is lower than the SOXX Sharpe Ratio of 4.43. The chart below compares the historical Sharpe Ratios of FSHOX and SOXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FSHOX vs. SOXX - Drawdown Comparison

The maximum FSHOX drawdown since its inception was -61.68%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for FSHOX and SOXX.


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Drawdown Indicators


FSHOXSOXXDifference

Max Drawdown

Largest peak-to-trough decline

-61.68%

-70.21%

+8.53%

Max Drawdown (1Y)

Largest decline over 1 year

-16.54%

-15.77%

-0.77%

Max Drawdown (3Y)

Largest decline over 3 years

-24.76%

-41.36%

+16.60%

Max Drawdown (5Y)

Largest decline over 5 years

-33.23%

-45.75%

+12.52%

Max Drawdown (10Y)

Largest decline over 10 years

-43.67%

-45.75%

+2.08%

Current Drawdown

Current decline from peak

-7.50%

-3.16%

-4.34%

Average Drawdown

Average peak-to-trough decline

-9.84%

-19.95%

+10.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.50%

4.33%

+2.17%

Volatility

FSHOX vs. SOXX - Volatility Comparison

The current volatility for Fidelity Select Construction & Housing Portfolio (FSHOX) is 7.41%, while iShares Semiconductor ETF (SOXX) has a volatility of 19.42%. This indicates that FSHOX experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSHOXSOXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.41%

19.42%

-12.01%

Volatility (6M)

Calculated over the trailing 6-month period

16.57%

31.46%

-14.89%

Volatility (1Y)

Calculated over the trailing 1-year period

20.56%

37.35%

-16.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.82%

36.73%

-14.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.54%

33.77%

-11.23%

FSHOX vs. SOXX - Expense Ratio Comparison

FSHOX has a 0.76% expense ratio, which is higher than SOXX's 0.34% expense ratio.


Dividends

FSHOX vs. SOXX - Dividend Comparison

FSHOX's dividend yield for the trailing twelve months is around 6.00%, more than SOXX's 0.28% yield.


PositionTTM20252024202320222021202020192018201720162015
FSHOX
Fidelity Select Construction & Housing Portfolio
6.00%3.91%4.05%0.82%0.80%5.45%4.73%7.91%15.47%13.62%3.61%3.26%
SOXX
iShares Semiconductor ETF
0.28%0.57%0.67%0.78%1.26%0.64%0.81%1.23%1.37%0.90%1.08%1.29%

Frequently Asked Questions


FSHOX and SOXX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOXX has higher volatility (19.42%) compared to FSHOX (7.41%). In terms of maximum drawdown, FSHOX dropped -61.68% vs SOXX's -70.21%.

SOXX currently has the higher Sharpe Ratio (4.43 vs 0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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