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FSMEX vs. IHT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSMEX and IHT is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.0

Performance

FSMEX vs. IHT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and InnSuites Hospitality Trust (IHT). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-0.03%
24.61%
FSMEX
IHT

Key characteristics

Sharpe Ratio

FSMEX:

0.28

IHT:

0.98

Sortino Ratio

FSMEX:

0.47

IHT:

1.73

Omega Ratio

FSMEX:

1.07

IHT:

1.21

Calmar Ratio

FSMEX:

0.15

IHT:

0.72

Martin Ratio

FSMEX:

1.06

IHT:

4.13

Ulcer Index

FSMEX:

4.49%

IHT:

15.47%

Daily Std Dev

FSMEX:

16.82%

IHT:

64.63%

Max Drawdown

FSMEX:

-43.45%

IHT:

-94.82%

Current Drawdown

FSMEX:

-29.70%

IHT:

-79.59%

Returns By Period

In the year-to-date period, FSMEX achieves a 1.37% return, which is significantly lower than IHT's 36.75% return. Over the past 10 years, FSMEX has outperformed IHT with an annualized return of 6.10%, while IHT has yielded a comparatively lower -0.71% annualized return.


FSMEX

YTD

1.37%

1M

-6.59%

6M

-0.95%

1Y

2.50%

5Y*

0.88%

10Y*

6.10%

IHT

YTD

36.75%

1M

11.93%

6M

23.28%

1Y

72.47%

5Y*

9.56%

10Y*

-0.71%

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

FSMEX vs. IHT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and InnSuites Hospitality Trust (IHT). 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.


Sharpe ratio
The chart of Sharpe ratio for FSMEX, currently valued at 0.28, compared to the broader market-1.000.001.002.003.004.000.281.29
The chart of Sortino ratio for FSMEX, currently valued at 0.47, compared to the broader market-2.000.002.004.006.008.0010.000.472.06
The chart of Omega ratio for FSMEX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.003.501.071.26
The chart of Calmar ratio for FSMEX, currently valued at 0.15, compared to the broader market0.005.0010.000.150.94
The chart of Martin ratio for FSMEX, currently valued at 1.06, compared to the broader market0.0020.0040.0060.001.065.38
FSMEX
IHT

The current FSMEX Sharpe Ratio is 0.28, which is lower than the IHT Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FSMEX and IHT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.28
1.29
FSMEX
IHT

Dividends

FSMEX vs. IHT - Dividend Comparison

FSMEX has not paid dividends to shareholders, while IHT's dividend yield for the trailing twelve months is around 0.88%.


TTM20232022202120202019201820172016201520142013
FSMEX
Fidelity Select Medical Technology and Devices Portfolio
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.18%0.00%11.71%5.17%9.84%
IHT
InnSuites Hospitality Trust
0.88%1.18%1.20%0.92%0.91%1.31%1.27%1.71%0.44%0.48%0.40%0.60%

Drawdowns

FSMEX vs. IHT - Drawdown Comparison

The maximum FSMEX drawdown since its inception was -43.45%, smaller than the maximum IHT drawdown of -94.82%. Use the drawdown chart below to compare losses from any high point for FSMEX and IHT. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-29.70%
-79.59%
FSMEX
IHT

Volatility

FSMEX vs. IHT - Volatility Comparison

The current volatility for Fidelity Select Medical Technology and Devices Portfolio (FSMEX) is 8.65%, while InnSuites Hospitality Trust (IHT) has a volatility of 17.47%. This indicates that FSMEX experiences smaller price fluctuations and is considered to be less risky than IHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
8.65%
17.47%
FSMEX
IHT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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