FSMEX vs. IHT
Compare and contrast key facts about Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and InnSuites Hospitality Trust (IHT).
FSMEX is managed by Fidelity. It was launched on Apr 28, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSMEX or IHT.
Key characteristics
| FSMEX | IHT | |
|---|---|---|
| YTD Return | 10.93% | 16.69% |
| 1Y Return | 33.72% | 67.12% |
| 3Y Return (Ann) | -7.46% | -20.79% |
| 5Y Return (Ann) | 4.10% | 5.87% |
| 10Y Return (Ann) | 6.54% | -1.14% |
| Sharpe Ratio | 1.94 | 0.97 |
| Sortino Ratio | 2.70 | 1.73 |
| Omega Ratio | 1.34 | 1.21 |
| Calmar Ratio | 0.72 | 0.72 |
| Martin Ratio | 7.25 | 4.18 |
| Ulcer Index | 4.23% | 15.40% |
| Daily Std Dev | 15.83% | 66.17% |
| Max Drawdown | -43.45% | -94.82% |
| Current Drawdown | -23.07% | -82.58% |
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.
Performance
FSMEX vs. IHT - Performance Comparison
In the year-to-date period, FSMEX achieves a 10.93% return, which is significantly lower than IHT's 16.69% return. Over the past 10 years, FSMEX has outperformed IHT with an annualized return of 6.54%, while IHT has yielded a comparatively lower -1.14% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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 1.03%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1.03% | 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.
Volatility
FSMEX vs. IHT - Volatility Comparison
The current volatility for Fidelity Select Medical Technology and Devices Portfolio (FSMEX) is 4.09%, while InnSuites Hospitality Trust (IHT) has a volatility of 10.53%. 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.