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FSPHX vs. FXH
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSPHX vs. FXH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity® Select Health Care Portfolio (FSPHX) and First Trust Health Care AlphaDEX Fund (FXH). The values are adjusted to include any dividend payments, if applicable.

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FSPHX vs. FXH - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSPHX
Fidelity® Select Health Care Portfolio
-9.67%9.36%4.91%4.13%-12.82%11.58%24.57%31.48%7.15%23.83%
FXH
First Trust Health Care AlphaDEX Fund
-3.39%10.16%0.96%-4.53%-12.24%15.20%28.00%22.26%-1.33%21.82%

Returns By Period

In the year-to-date period, FSPHX achieves a -9.67% return, which is significantly lower than FXH's -3.39% return. Over the past 10 years, FSPHX has outperformed FXH with an annualized return of 8.61%, while FXH has yielded a comparatively lower 7.08% annualized return.


FSPHX

1D
-0.66%
1M
-9.51%
YTD
-9.67%
6M
-6.38%
1Y
-0.19%
3Y*
2.37%
5Y*
0.64%
10Y*
8.61%

FXH

1D
4.35%
1M
-5.40%
YTD
-3.39%
6M
0.38%
1Y
6.90%
3Y*
1.21%
5Y*
0.43%
10Y*
7.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSPHX vs. FXH - Expense Ratio Comparison

FSPHX has a 0.69% expense ratio, which is higher than FXH's 0.61% expense ratio.


Return for Risk

FSPHX vs. FXH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSPHX
FSPHX Risk / Return Rank: 55
Overall Rank
FSPHX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
FSPHX Sortino Ratio Rank: 55
Sortino Ratio Rank
FSPHX Omega Ratio Rank: 55
Omega Ratio Rank
FSPHX Calmar Ratio Rank: 55
Calmar Ratio Rank
FSPHX Martin Ratio Rank: 55
Martin Ratio Rank

FXH
FXH Risk / Return Rank: 2424
Overall Rank
FXH Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
FXH Sortino Ratio Rank: 2424
Sortino Ratio Rank
FXH Omega Ratio Rank: 2222
Omega Ratio Rank
FXH Calmar Ratio Rank: 2727
Calmar Ratio Rank
FXH Martin Ratio Rank: 2525
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSPHX vs. FXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity® Select Health Care Portfolio (FSPHX) and First Trust Health Care AlphaDEX Fund (FXH). 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.


FSPHXFXHDifference

Sharpe ratio

Return per unit of total volatility

-0.03

0.36

-0.39

Sortino ratio

Return per unit of downside risk

0.10

0.66

-0.56

Omega ratio

Gain probability vs. loss probability

1.01

1.08

-0.07

Calmar ratio

Return relative to maximum drawdown

-0.09

0.61

-0.69

Martin ratio

Return relative to average drawdown

-0.25

1.90

-2.15

FSPHX vs. FXH - Sharpe Ratio Comparison

The current FSPHX Sharpe Ratio is -0.03, which is lower than the FXH Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of FSPHX and FXH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSPHXFXHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.03

0.36

-0.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.04

0.03

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.38

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

0.50

+0.24

Correlation

The correlation between FSPHX and FXH is 0.88, 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.


Dividends

FSPHX vs. FXH - Dividend Comparison

FSPHX's dividend yield for the trailing twelve months is around 4.60%, more than FXH's 0.88% yield.


TTM20252024202320222021202020192018201720162015
FSPHX
Fidelity® Select Health Care Portfolio
4.60%4.16%10.77%0.00%2.13%9.06%11.29%1.35%9.02%2.27%0.18%11.63%
FXH
First Trust Health Care AlphaDEX Fund
0.88%0.75%0.41%0.24%0.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FSPHX vs. FXH - Drawdown Comparison

The maximum FSPHX drawdown since its inception was -44.45%, roughly equal to the maximum FXH drawdown of -43.70%. Use the drawdown chart below to compare losses from any high point for FSPHX and FXH.


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Drawdown Indicators


FSPHXFXHDifference

Max Drawdown

Largest peak-to-trough decline

-44.45%

-43.70%

-0.75%

Max Drawdown (1Y)

Largest decline over 1 year

-18.32%

-12.20%

-6.12%

Max Drawdown (5Y)

Largest decline over 5 years

-29.31%

-29.49%

+0.18%

Max Drawdown (10Y)

Largest decline over 10 years

-29.31%

-30.61%

+1.30%

Current Drawdown

Current decline from peak

-18.32%

-12.76%

-5.56%

Average Drawdown

Average peak-to-trough decline

-9.81%

-9.45%

-0.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.26%

3.90%

+2.36%

Volatility

FSPHX vs. FXH - Volatility Comparison

The current volatility for Fidelity® Select Health Care Portfolio (FSPHX) is 5.62%, while First Trust Health Care AlphaDEX Fund (FXH) has a volatility of 7.18%. This indicates that FSPHX experiences smaller price fluctuations and is considered to be less risky than FXH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSPHXFXHDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.62%

7.18%

-1.56%

Volatility (6M)

Calculated over the trailing 6-month period

13.61%

11.75%

+1.86%

Volatility (1Y)

Calculated over the trailing 1-year period

20.30%

19.22%

+1.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.11%

16.46%

+1.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.99%

18.46%

+0.53%