FSPTX vs. FIUIX

Last updated Jul 17, 2026

FSPTX (Fidelity Select Technology Portfolio) and FIUIX (Fidelity Telecom and Utilities Fund) are both mutual funds - FSPTX is a Technology Equities fund actively managed by Fidelity, while FIUIX is a Utilities Equities fund managed by Fidelity. Over the past 10 years, FSPTX returned 26.78%/yr vs 8.66%/yr for FIUIX. A 0.50 correlation means they provide meaningful diversification when combined. FSPTX charges 0.62%/yr vs 0.68%/yr for FIUIX.

Performance

FSPTX vs. FIUIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Technology Portfolio (FSPTX) and Fidelity Telecom and Utilities Fund (FIUIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSPTX achieves a 36.00% return, which is significantly higher than FIUIX's 4.13% return. Over the past 10 years, FSPTX has outperformed FIUIX with an annualized return of 26.78%, while FIUIX has yielded a comparatively lower 8.66% annualized return.

FSPTX

• 1D: -0.96%
• 1M: -2.31%
• 6M: 33.46%
• YTD: 36.00%
• 1Y: 52.97%
• 3Y*: 35.83%
• 5Y*: 21.61%
• 10Y*: 26.78%

FIUIX

• 1D: -0.49%
• 1M: -1.09%
• 6M: 2.56%
• YTD: 4.13%
• 1Y: 2.02%
• 3Y*: 14.65%
• 5Y*: 9.76%
• 10Y*: 8.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSPTX vs. FIUIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSPTX Fidelity Select Technology Portfolio	36.00%	23.37%	41.76%	59.83%	-36.91%	21.99%	63.95%	51.08%	-9.03%	49.75%
FIUIX Fidelity Telecom and Utilities Fund	4.13%	4.91%	30.29%	3.37%	5.00%	7.18%	2.08%	22.09%	3.33%	11.98%

Correlation

The correlation between FSPTX and FIUIX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Nov 27, 1987	0.50

Over the past year, the correlation between FSPTX and FIUIX has dropped to 0.16 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

Return for Risk

FSPTX vs. FIUIX — Risk / Return Rank

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

FSPTX

FSPTX Risk / Return Rank: 80
FSPTX Sharpe Ratio Rank: 82
FSPTX Sortino Ratio Rank: 71
FSPTX Omega Ratio Rank: 72
FSPTX Calmar Ratio Rank: 92
FSPTX Martin Ratio Rank: 81

FIUIX

FIUIX Risk / Return Rank: 4
FIUIX Sharpe Ratio Rank: 4
FIUIX Sortino Ratio Rank: 4
FIUIX Omega Ratio Rank: 4
FIUIX Calmar Ratio Rank: 4
FIUIX Martin Ratio Rank: 4

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.

FSPTX vs. FIUIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Technology Portfolio (FSPTX) and Fidelity Telecom and Utilities Fund (FIUIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSPTX	FIUIX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	0.12	+2.02
Sortino ratio: Return per unit of downside risk	2.67	0.26	+2.41
Omega ratio: Gain probability vs. loss probability	1.35	1.03	+0.32
Calmar ratio: Return relative to maximum drawdown	3.89	0.14	+3.75
Martin ratio: Return relative to average drawdown	11.47	0.32	+11.15

FSPTX vs. FIUIX - Sharpe Ratio Comparison

The current FSPTX Sharpe Ratio is 2.14, which is higher than the FIUIX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of FSPTX and FIUIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSPTX vs. FIUIX - Drawdown Comparison

The maximum FSPTX drawdown since its inception was -84.37%, which is greater than FIUIX's maximum drawdown of -66.48%. Use the drawdown chart below to compare losses from any high point for FSPTX and FIUIX.

Drawdown Indicators

	FSPTX	FIUIX	Difference
Max Drawdown Largest peak-to-trough decline	-84.37%	-66.48%	-17.89%
Max Drawdown (1Y) Largest decline over 1 year	-13.71%	-13.84%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-29.22%	-13.84%	-15.38%
Max Drawdown (5Y) Largest decline over 5 years	-42.16%	-16.64%	-25.52%
Max Drawdown (10Y) Largest decline over 10 years	-42.16%	-33.51%	-8.65%
Current Drawdown Current decline from peak	-7.62%	-8.35%	+0.73%
Average Drawdown Average peak-to-trough decline	-26.97%	-11.73%	-15.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.64%	5.93%	-1.29%

Volatility

FSPTX vs. FIUIX - Volatility Comparison

Fidelity Select Technology Portfolio (FSPTX) has a higher volatility of 10.46% compared to Fidelity Telecom and Utilities Fund (FIUIX) at 3.73%. This indicates that FSPTX's price experiences larger fluctuations and is considered to be riskier than FIUIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSPTX	FIUIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.46%	3.73%	+6.73%
Volatility (6M) Calculated over the trailing 6-month period	20.76%	11.31%	+9.45%
Volatility (1Y) Calculated over the trailing 1-year period	24.97%	15.63%	+9.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.95%	15.95%	+12.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.24%	17.17%	+9.07%

FSPTX vs. FIUIX - Expense Ratio Comparison

FSPTX has a 0.62% expense ratio, which is lower than FIUIX's 0.68% expense ratio.

Dividends

FSPTX vs. FIUIX - Dividend Comparison

FSPTX's dividend yield for the trailing twelve months is around 7.98%, more than FIUIX's 3.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIUIX Fidelity Telecom and Utilities Fund	3.11%	2.34%	6.50%	7.60%	3.77%	5.19%	3.73%	6.88%	10.10%	5.99%	3.33%	3.65%
FSPTX Fidelity Select Technology Portfolio	7.98%	9.06%	9.42%	0.01%	3.95%	11.62%	18.86%	1.86%	23.77%	8.32%	1.54%	4.19%

Frequently Asked Questions

Can I hold both FSPTX and FIUIX in my portfolio?

FSPTX and FIUIX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSPTX or FIUIX?

FSPTX has higher volatility (10.46%) compared to FIUIX (3.73%). In terms of maximum drawdown, FSPTX dropped -84.37% vs FIUIX's -66.48%.

Which has better risk-adjusted returns?

FSPTX currently has the higher Sharpe Ratio (2.14 vs 0.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.