FSPCX vs. XLK
Compare and contrast key facts about Fidelity Select Insurance Portfolio (FSPCX) and Technology Select Sector SPDR Fund (XLK).
FSPCX is managed by Fidelity. It was launched on Dec 16, 1985. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSPCX or XLK.
Key characteristics
| FSPCX | XLK | |
|---|---|---|
| YTD Return | 28.61% | 14.48% |
| 1Y Return | 37.15% | 31.03% |
| 3Y Return (Ann) | 18.46% | 13.23% |
| 5Y Return (Ann) | 15.80% | 23.26% |
| 10Y Return (Ann) | 13.28% | 20.03% |
| Sharpe Ratio | 2.93 | 1.33 |
| Daily Std Dev | 12.98% | 21.38% |
| Max Drawdown | -69.12% | -82.05% |
| Current Drawdown | -0.62% | -7.61% |
Correlation
The correlation between FSPCX and XLK is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSPCX vs. XLK - Performance Comparison
In the year-to-date period, FSPCX achieves a 28.61% return, which is significantly higher than XLK's 14.48% return. Over the past 10 years, FSPCX has underperformed XLK with an annualized return of 13.28%, while XLK has yielded a comparatively higher 20.03% 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. XLK - Expense Ratio Comparison
FSPCX has a 0.78% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
FSPCX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Insurance Portfolio (FSPCX) and Technology Select Sector SPDR Fund (XLK). 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. XLK - Dividend Comparison
FSPCX's dividend yield for the trailing twelve months is around 6.79%, more than XLK's 0.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSPCX Fidelity Select Insurance Portfolio | 6.79% | 8.48% | 0.74% | 8.40% | 8.80% | 6.90% | 33.30% | 12.52% | 2.81% | 3.27% | 11.09% | 8.51% |
XLK Technology Select Sector SPDR Fund | 0.69% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
FSPCX vs. XLK - Drawdown Comparison
The maximum FSPCX drawdown since its inception was -69.12%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for FSPCX and XLK. For additional features, visit the drawdowns tool.
Volatility
FSPCX vs. XLK - Volatility Comparison
The current volatility for Fidelity Select Insurance Portfolio (FSPCX) is 2.91%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 8.19%. This indicates that FSPCX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.