FSPCX vs. FNCL
Compare and contrast key facts about Fidelity Select Insurance Portfolio (FSPCX) and Fidelity MSCI Financials Index ETF (FNCL).
FSPCX is managed by Fidelity. It was launched on Dec 16, 1985. FNCL is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Financials Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSPCX or FNCL.
Key characteristics
| FSPCX | FNCL | |
|---|---|---|
| YTD Return | 30.44% | 34.20% |
| 1Y Return | 29.37% | 48.90% |
| 3Y Return (Ann) | 12.88% | 9.22% |
| 5Y Return (Ann) | 10.24% | 13.03% |
| 10Y Return (Ann) | 5.19% | 11.99% |
| Sharpe Ratio | 2.09 | 3.55 |
| Sortino Ratio | 2.76 | 5.00 |
| Omega Ratio | 1.38 | 1.65 |
| Calmar Ratio | 2.90 | 3.62 |
| Martin Ratio | 9.07 | 25.52 |
| Ulcer Index | 3.25% | 2.05% |
| Daily Std Dev | 14.16% | 14.74% |
| Max Drawdown | -69.12% | -44.38% |
| Current Drawdown | 0.00% | -0.53% |
Correlation
The correlation between FSPCX and FNCL is 0.86, 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
FSPCX vs. FNCL - Performance Comparison
In the year-to-date period, FSPCX achieves a 30.44% return, which is significantly lower than FNCL's 34.20% return. Over the past 10 years, FSPCX has underperformed FNCL with an annualized return of 5.19%, while FNCL has yielded a comparatively higher 11.99% 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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FSPCX vs. FNCL - Expense Ratio Comparison
FSPCX has a 0.78% expense ratio, which is higher than FNCL's 0.08% expense ratio.
Risk-Adjusted Performance
FSPCX vs. FNCL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Insurance Portfolio (FSPCX) and Fidelity MSCI Financials Index ETF (FNCL). 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
FSPCX vs. FNCL - Dividend Comparison
FSPCX's dividend yield for the trailing twelve months is around 0.92%, less than FNCL's 1.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSPCX Fidelity Select Insurance Portfolio | 0.92% | 1.11% | 0.74% | 1.29% | 1.61% | 1.40% | 2.17% | 1.21% | 1.15% | 1.97% | 6.93% | 8.51% |
FNCL Fidelity MSCI Financials Index ETF | 1.41% | 1.91% | 2.29% | 1.75% | 2.26% | 2.17% | 2.37% | 1.60% | 1.81% | 2.17% | 1.77% | 0.43% |
Drawdowns
FSPCX vs. FNCL - Drawdown Comparison
The maximum FSPCX drawdown since its inception was -69.12%, which is greater than FNCL's maximum drawdown of -44.38%. Use the drawdown chart below to compare losses from any high point for FSPCX and FNCL. For additional features, visit the drawdowns tool.
Volatility
FSPCX vs. FNCL - Volatility Comparison
The current volatility for Fidelity Select Insurance Portfolio (FSPCX) is 5.38%, while Fidelity MSCI Financials Index ETF (FNCL) has a volatility of 7.70%. This indicates that FSPCX experiences smaller price fluctuations and is considered to be less risky than FNCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.