FSMEX vs. FNILX
Compare and contrast key facts about Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FSMEX is managed by Fidelity. It was launched on Apr 28, 1998. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSMEX or FNILX.
Correlation
The correlation between FSMEX and FNILX is 0.75, 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
FSMEX vs. FNILX - Performance Comparison
Loading data...
Key characteristics
FSMEX:
-0.36
FNILX:
0.73
FSMEX:
-0.25
FNILX:
1.21
FSMEX:
0.96
FNILX:
1.18
FSMEX:
-0.15
FNILX:
0.82
FSMEX:
-0.77
FNILX:
3.12
FSMEX:
7.68%
FNILX:
4.99%
FSMEX:
20.79%
FNILX:
19.84%
FSMEX:
-43.45%
FNILX:
-33.75%
FSMEX:
-32.76%
FNILX:
-2.78%
Returns By Period
In the year-to-date period, FSMEX achieves a -3.41% return, which is significantly lower than FNILX's 1.82% return.
FSMEX
-3.41%
7.67%
-9.33%
-7.43%
0.17%
4.47%
FNILX
1.82%
13.18%
2.26%
14.25%
17.07%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSMEX vs. FNILX - Expense Ratio Comparison
FSMEX has a 0.68% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Risk-Adjusted Performance
FSMEX vs. FNILX — Risk-Adjusted Performance Rank
FSMEX
FNILX
FSMEX vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
Loading data...
Dividends
FSMEX vs. FNILX - Dividend Comparison
FSMEX has not paid dividends to shareholders, while FNILX's dividend yield for the trailing twelve months is around 1.07%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMEX Fidelity Select Medical Technology and Devices Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 11.71% | 5.17% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.07% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSMEX vs. FNILX - Drawdown Comparison
The maximum FSMEX drawdown since its inception was -43.45%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FSMEX and FNILX. For additional features, visit the drawdowns tool.
Loading data...
Volatility
FSMEX vs. FNILX - Volatility Comparison
Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and Fidelity ZERO Large Cap Index Fund (FNILX) have volatilities of 5.51% and 5.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...