FSLBX vs. VITAX
Compare and contrast key facts about Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).
FSLBX is managed by Fidelity. It was launched on Jul 29, 1985. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLBX or VITAX.
Correlation
The correlation between FSLBX and VITAX is 0.73, 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
FSLBX vs. VITAX - Performance Comparison
Key characteristics
FSLBX:
2.18
VITAX:
1.15
FSLBX:
2.94
VITAX:
1.59
FSLBX:
1.39
VITAX:
1.21
FSLBX:
4.43
VITAX:
1.70
FSLBX:
14.08
VITAX:
5.89
FSLBX:
2.74%
VITAX:
4.40%
FSLBX:
17.72%
VITAX:
22.55%
FSLBX:
-67.50%
VITAX:
-54.81%
FSLBX:
-2.32%
VITAX:
-0.59%
Returns By Period
In the year-to-date period, FSLBX achieves a 5.49% return, which is significantly higher than VITAX's 3.53% return. Over the past 10 years, FSLBX has underperformed VITAX with an annualized return of 11.15%, while VITAX has yielded a comparatively higher 20.67% annualized return.
FSLBX
5.49%
1.51%
24.62%
39.66%
19.09%
11.15%
VITAX
3.53%
2.54%
10.80%
28.78%
20.49%
20.67%
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FSLBX vs. VITAX - Expense Ratio Comparison
FSLBX has a 0.75% expense ratio, which is higher than VITAX's 0.10% expense ratio.
Risk-Adjusted Performance
FSLBX vs. VITAX — Risk-Adjusted Performance Rank
FSLBX
VITAX
FSLBX vs. VITAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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
FSLBX vs. VITAX - Dividend Comparison
FSLBX's dividend yield for the trailing twelve months is around 0.65%, more than VITAX's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.65% | 0.69% | 1.22% | 1.71% | 0.63% | 1.11% | 1.21% | 1.50% | 1.00% | 1.23% | 2.17% | 1.36% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.58% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.30% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
FSLBX vs. VITAX - Drawdown Comparison
The maximum FSLBX drawdown since its inception was -67.50%, which is greater than VITAX's maximum drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for FSLBX and VITAX. For additional features, visit the drawdowns tool.
Volatility
FSLBX vs. VITAX - Volatility Comparison
The current volatility for Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) is 4.05%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 7.81%. This indicates that FSLBX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.