FSLBX vs. FBGRX
FSLBX (Fidelity Select Brokerage & Invmt Mgmt Portfolio) and FBGRX (Fidelity Blue Chip Growth Fund) are both mutual funds - FSLBX is a Financials Equities fund managed by Fidelity, while FBGRX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, FSLBX returned 15.09%/yr vs 20.78%/yr for FBGRX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. FSLBX charges 0.75%/yr vs 0.79%/yr for FBGRX.
Performance
FSLBX vs. FBGRX - Performance Comparison
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Returns By Period
In the year-to-date period, FSLBX achieves a -7.19% return, which is significantly lower than FBGRX's 11.25% return. Over the past 10 years, FSLBX has underperformed FBGRX with an annualized return of 15.09%, while FBGRX has yielded a comparatively higher 20.78% annualized return.
FSLBX
- 1D
- 0.32%
- 1M
- 4.59%
- 6M
- -5.69%
- YTD
- -7.19%
- 1Y
- -10.01%
- 3Y*
- 15.07%
- 5Y*
- 9.05%
- 10Y*
- 15.09%
- ALL TIME*
- 11.28%
FBGRX
- 1D
- 1.00%
- 1M
- -3.22%
- 6M
- 10.82%
- YTD
- 11.25%
- 1Y
- 25.42%
- 3Y*
- 25.85%
- 5Y*
- 13.72%
- 10Y*
- 20.78%
- ALL TIME*
- 13.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FSLBX vs. FBGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio | -7.19% | 5.78% | 35.74% | 27.77% | -17.54% | 40.61% | 22.66% | 31.60% | -15.37% | 27.74% |
FBGRX Fidelity Blue Chip Growth Fund | 11.25% | 19.91% | 39.77% | 55.61% | -38.45% | 22.64% | 62.20% | 33.43% | 1.02% | 36.01% |
Correlation
The correlation between FSLBX and FBGRX is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987 | 0.74 |
Over the past year, the correlation between FSLBX and FBGRX has dropped to 0.47 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
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Return for Risk
FSLBX vs. FBGRX — Risk / Return Rank
FSLBX
FBGRX
FSLBX vs. FBGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) and Fidelity Blue Chip Growth Fund (FBGRX). 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.
| FSLBX | FBGRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.20 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 1.78 | -2.29 |
| Martin ratioReturn relative to average drawdown | -0.93 | 6.32 | -7.25 |
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Drawdowns
FSLBX vs. FBGRX - Drawdown Comparison
The maximum FSLBX drawdown since its inception was -68.20%, which is greater than FBGRX's maximum drawdown of -58.64%. Use the drawdown chart below to compare losses from any high point for FSLBX and FBGRX.
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Drawdown Indicators
| FSLBX | FBGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.20% | -58.64% | -9.56% |
Max Drawdown (1Y)Largest decline over 1 year | -24.67% | -12.65% | -12.02% |
Max Drawdown (3Y)Largest decline over 3 years | -26.06% | -27.07% | +1.01% |
Max Drawdown (5Y)Largest decline over 5 years | -30.87% | -43.08% | +12.21% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -43.08% | +2.52% |
Current DrawdownCurrent decline from peak | -13.38% | -6.87% | -6.51% |
Average DrawdownAverage peak-to-trough decline | -14.88% | -12.49% | -2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.43% | 3.56% | +9.87% |
Volatility
FSLBX vs. FBGRX - Volatility Comparison
The current volatility for Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) is 5.74%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 6.63%. This indicates that FSLBX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSLBX | FBGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 6.63% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 17.49% | 16.11% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.23% | 20.07% | +2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.06% | 25.24% | -2.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.53% | 23.83% | -0.30% |
FSLBX vs. FBGRX - Expense Ratio Comparison
FSLBX has a 0.75% expense ratio, which is lower than FBGRX's 0.79% expense ratio.
Dividends
FSLBX vs. FBGRX - Dividend Comparison
FSLBX's dividend yield for the trailing twelve months is around 2.11%, more than FBGRX's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGRX Fidelity Blue Chip Growth Fund | 1.71% | 1.90% | 5.95% | 0.93% | 0.57% | 8.73% | 6.40% | 3.70% | 6.32% | 4.23% | 4.05% | 5.30% |
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio | 2.11% | 0.67% | 0.69% | 1.22% | 2.09% | 1.39% | 3.08% | 4.25% | 8.94% | 5.46% | 1.25% | 6.37% |
Frequently Asked Questions
FSLBX and FBGRX 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.
FBGRX has higher volatility (6.63%) compared to FSLBX (5.74%). In terms of maximum drawdown, FSLBX dropped -68.20% vs FBGRX's -58.64%.
FBGRX currently has the higher Sharpe Ratio (1.12 vs -0.56), 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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