FSMEX vs. PRHSX
Compare and contrast key facts about Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and T. Rowe Price Health Sciences Fund (PRHSX).
FSMEX is managed by Fidelity. It was launched on Apr 28, 1998. PRHSX is managed by T. Rowe Price. It was launched on Dec 29, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSMEX or PRHSX.
Correlation
The correlation between FSMEX and PRHSX is 0.74, 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. PRHSX - Performance Comparison
Key characteristics
FSMEX:
0.02
PRHSX:
-0.61
FSMEX:
0.16
PRHSX:
-0.67
FSMEX:
1.02
PRHSX:
0.90
FSMEX:
0.01
PRHSX:
-0.32
FSMEX:
0.07
PRHSX:
-0.95
FSMEX:
5.25%
PRHSX:
13.03%
FSMEX:
19.42%
PRHSX:
20.22%
FSMEX:
-40.34%
PRHSX:
-47.79%
FSMEX:
-24.97%
PRHSX:
-33.57%
Returns By Period
In the year-to-date period, FSMEX achieves a -6.61% return, which is significantly lower than PRHSX's -2.16% return. Over the past 10 years, FSMEX has outperformed PRHSX with an annualized return of 9.77%, while PRHSX has yielded a comparatively lower 0.03% annualized return.
FSMEX
-6.61%
-7.35%
-5.89%
-3.17%
5.09%
9.77%
PRHSX
-2.16%
-4.20%
-20.08%
-13.56%
-0.92%
0.03%
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FSMEX vs. PRHSX - Expense Ratio Comparison
FSMEX has a 0.68% expense ratio, which is lower than PRHSX's 0.80% expense ratio.
Risk-Adjusted Performance
FSMEX vs. PRHSX — Risk-Adjusted Performance Rank
FSMEX
PRHSX
FSMEX vs. PRHSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Medical Technology and Devices Portfolio (FSMEX) and T. Rowe Price Health Sciences Fund (PRHSX). 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. PRHSX - Dividend Comparison
FSMEX's dividend yield for the trailing twelve months is around 7.99%, more than PRHSX's 0.01% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMEX Fidelity Select Medical Technology and Devices Portfolio | 7.99% | 9.58% | 0.00% | 1.80% | 8.12% | 6.65% | 1.77% | 7.47% | 6.26% | 5.84% | 16.35% | 15.54% |
PRHSX T. Rowe Price Health Sciences Fund | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSMEX vs. PRHSX - Drawdown Comparison
The maximum FSMEX drawdown since its inception was -40.34%, smaller than the maximum PRHSX drawdown of -47.79%. Use the drawdown chart below to compare losses from any high point for FSMEX and PRHSX. For additional features, visit the drawdowns tool.
Volatility
FSMEX vs. PRHSX - Volatility Comparison
Fidelity Select Medical Technology and Devices Portfolio (FSMEX) has a higher volatility of 12.99% compared to T. Rowe Price Health Sciences Fund (PRHSX) at 10.38%. This indicates that FSMEX's price experiences larger fluctuations and is considered to be riskier than PRHSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.