FSPHX vs. SHSSX
Compare and contrast key facts about Fidelity® Select Health Care Portfolio (FSPHX) and Health Sciences Opportunities Fund Class Institutional (SHSSX).
FSPHX is an actively managed fund by Fidelity. It was launched on Jul 14, 1981. SHSSX is a passively managed fund by BlackRock that tracks the performance of the Russell 3000 HealthCare Index. It was launched on Oct 16, 2000.
Performance
FSPHX vs. SHSSX - Performance Comparison
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FSPHX vs. SHSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SHSSX Health Sciences Opportunities Fund Class Institutional | -6.87% | 16.13% | 4.00% | 3.86% | -5.72% | 12.17% | 19.54% | 25.63% | 8.24% | 25.02% |
Returns By Period
In the year-to-date period, FSPHX achieves a -9.67% return, which is significantly lower than SHSSX's -6.87% return. Over the past 10 years, FSPHX has underperformed SHSSX with an annualized return of 8.61%, while SHSSX has yielded a comparatively higher 9.97% 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%
SHSSX
- 1D
- 0.31%
- 1M
- -9.09%
- YTD
- -6.87%
- 6M
- 4.09%
- 1Y
- 4.34%
- 3Y*
- 6.17%
- 5Y*
- 4.28%
- 10Y*
- 9.97%
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FSPHX vs. SHSSX - Expense Ratio Comparison
FSPHX has a 0.69% expense ratio, which is lower than SHSSX's 0.84% expense ratio.
Return for Risk
FSPHX vs. SHSSX — Risk / Return Rank
FSPHX
SHSSX
FSPHX vs. SHSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity® Select Health Care Portfolio (FSPHX) and Health Sciences Opportunities Fund Class Institutional (SHSSX). 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.
| FSPHX | SHSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.03 | 0.29 | -0.32 |
Sortino ratioReturn per unit of downside risk | 0.10 | 0.52 | -0.42 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.06 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | -0.09 | 0.43 | -0.52 |
Martin ratioReturn relative to average drawdown | -0.25 | 1.02 | -1.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSPHX | SHSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.29 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.30 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.61 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.69 | +0.06 |
Correlation
The correlation between FSPHX and SHSSX is 0.92, 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. SHSSX - Dividend Comparison
FSPHX's dividend yield for the trailing twelve months is around 4.60%, less than SHSSX's 10.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SHSSX Health Sciences Opportunities Fund Class Institutional | 10.63% | 9.90% | 8.68% | 3.82% | 7.20% | 8.96% | 4.18% | 3.87% | 8.44% | 3.59% | 2.33% | 12.29% |
Drawdowns
FSPHX vs. SHSSX - Drawdown Comparison
The maximum FSPHX drawdown since its inception was -44.45%, which is greater than SHSSX's maximum drawdown of -35.40%. Use the drawdown chart below to compare losses from any high point for FSPHX and SHSSX.
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Drawdown Indicators
| FSPHX | SHSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.45% | -35.40% | -9.05% |
Max Drawdown (1Y)Largest decline over 1 year | -18.32% | -9.83% | -8.49% |
Max Drawdown (5Y)Largest decline over 5 years | -29.31% | -17.90% | -11.41% |
Max Drawdown (10Y)Largest decline over 10 years | -29.31% | -28.34% | -0.97% |
Current DrawdownCurrent decline from peak | -18.32% | -9.56% | -8.76% |
Average DrawdownAverage peak-to-trough decline | -9.81% | -5.98% | -3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.26% | 4.17% | +2.09% |
Volatility
FSPHX vs. SHSSX - Volatility Comparison
Fidelity® Select Health Care Portfolio (FSPHX) has a higher volatility of 5.62% compared to Health Sciences Opportunities Fund Class Institutional (SHSSX) at 4.61%. This indicates that FSPHX's price experiences larger fluctuations and is considered to be riskier than SHSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSPHX | SHSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.62% | 4.61% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | 9.73% | +3.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 16.32% | +3.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.11% | 14.19% | +3.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.99% | 16.53% | +2.46% |