FSLBX vs. PEGA

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) and Pegasystems Inc. (PEGA).

FSLBX is managed by Fidelity. It was launched on Jul 29, 1985.

Performance

FSLBX vs. PEGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) and Pegasystems Inc. (PEGA). The values are adjusted to include any dividend payments, if applicable.

FSLBX vs. PEGA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio	-16.57%	5.78%	35.74%	27.77%	-17.54%	40.61%	22.66%	31.60%	-15.37%	27.74%
PEGA Pegasystems Inc.	-29.10%	28.39%	91.01%	43.07%	-69.29%	-16.01%	67.51%	66.81%	1.66%	31.28%

Returns By Period

In the year-to-date period, FSLBX achieves a -16.57% return, which is significantly higher than PEGA's -29.10% return. Both investments have delivered pretty close results over the past 10 years, with FSLBX having a 13.45% annualized return and PEGA not far behind at 13.07%.

FSLBX

• 1D: 1.93%
• 1M: -4.71%
• YTD: -16.57%
• 6M: -16.88%
• 1Y: -5.82%
• 3Y*: 14.79%
• 5Y*: 9.48%
• 10Y*: 13.45%

PEGA

• 1D: -0.56%
• 1M: -5.16%
• YTD: -29.10%
• 6M: -25.78%
• 1Y: 20.13%
• 3Y*: 20.64%
• 5Y*: -6.25%
• 10Y*: 13.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FSLBX vs. PEGA — Risk / Return Rank

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

FSLBX

FSLBX Risk / Return Rank: 3
FSLBX Sharpe Ratio Rank: 3
FSLBX Sortino Ratio Rank: 3
FSLBX Omega Ratio Rank: 3
FSLBX Calmar Ratio Rank: 4
FSLBX Martin Ratio Rank: 4

PEGA

PEGA Risk / Return Rank: 54
PEGA Sharpe Ratio Rank: 53
PEGA Sortino Ratio Rank: 55
PEGA Omega Ratio Rank: 54
PEGA Calmar Ratio Rank: 53
PEGA Martin Ratio Rank: 54

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.

FSLBX vs. PEGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) and Pegasystems Inc. (PEGA). 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.

	FSLBX	PEGA	Difference
Sharpe ratio Return per unit of total volatility	-0.19	0.36	-0.55
Sortino ratio Return per unit of downside risk	-0.08	1.02	-1.10
Omega ratio Gain probability vs. loss probability	0.99	1.13	-0.14
Calmar ratio Return relative to maximum drawdown	-0.19	0.51	-0.70
Martin ratio Return relative to average drawdown	-0.51	1.27	-1.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSLBX vs. PEGA - Sharpe Ratio Comparison

The current FSLBX Sharpe Ratio is -0.19, which is lower than the PEGA Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of FSLBX and PEGA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FSLBX	PEGA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	0.36	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	-0.12	+0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.30	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.13	+0.31

Correlation

The correlation between FSLBX and PEGA is 0.41, 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.

Dividends

FSLBX vs. PEGA - Dividend Comparison

FSLBX's dividend yield for the trailing twelve months is around 0.80%, more than PEGA's 0.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio	0.80%	0.67%	0.69%	1.22%	2.09%	1.39%	3.08%	4.25%	8.94%	5.46%	1.25%	6.37%
PEGA Pegasystems Inc.	0.28%	0.15%	0.10%	0.25%	0.35%	0.11%	0.09%	0.15%	0.25%	0.25%	0.33%	0.44%

Drawdowns

FSLBX vs. PEGA - Drawdown Comparison

The maximum FSLBX drawdown since its inception was -68.20%, smaller than the maximum PEGA drawdown of -94.81%. Use the drawdown chart below to compare losses from any high point for FSLBX and PEGA.

Drawdown Indicators

	FSLBX	PEGA	Difference
Max Drawdown Largest peak-to-trough decline	-68.20%	-94.81%	+26.61%
Max Drawdown (1Y) Largest decline over 1 year	-24.67%	-43.05%	+18.38%
Max Drawdown (5Y) Largest decline over 5 years	-30.87%	-78.59%	+47.72%
Max Drawdown (10Y) Largest decline over 10 years	-40.56%	-79.21%	+38.65%
Current Drawdown Current decline from peak	-22.14%	-41.73%	+19.59%
Average Drawdown Average peak-to-trough decline	-14.86%	-44.84%	+29.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.36%	17.33%	-7.97%

Volatility

FSLBX vs. PEGA - Volatility Comparison

The current volatility for Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) is 6.45%, while Pegasystems Inc. (PEGA) has a volatility of 11.48%. This indicates that FSLBX experiences smaller price fluctuations and is considered to be less risky than PEGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSLBX	PEGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	11.48%	-5.03%
Volatility (6M) Calculated over the trailing 6-month period	17.21%	37.74%	-20.53%
Volatility (1Y) Calculated over the trailing 1-year period	27.05%	56.38%	-29.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.77%	50.88%	-28.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.67%	43.60%	-19.93%