FSPTX vs. FOCPX
Compare and contrast key facts about Fidelity Select Technology Portfolio (FSPTX) and Fidelity OTC Portfolio (FOCPX).
FSPTX is managed by Fidelity. It was launched on Jul 13, 1981. FOCPX is managed by Fidelity. It was launched on Dec 31, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSPTX or FOCPX.
Key characteristics
| FSPTX | FOCPX | |
|---|---|---|
| YTD Return | 29.25% | 26.53% |
| 1Y Return | 43.27% | 39.66% |
| 3Y Return (Ann) | 10.93% | 8.06% |
| 5Y Return (Ann) | 24.57% | 20.34% |
| 10Y Return (Ann) | 21.69% | 18.27% |
| Sharpe Ratio | 1.83 | 2.16 |
| Sortino Ratio | 2.41 | 2.82 |
| Omega Ratio | 1.32 | 1.39 |
| Calmar Ratio | 2.42 | 1.89 |
| Martin Ratio | 8.80 | 8.69 |
| Ulcer Index | 4.79% | 4.53% |
| Daily Std Dev | 22.96% | 18.22% |
| Max Drawdown | -84.32% | -69.01% |
| Current Drawdown | -1.79% | -3.66% |
Correlation
The correlation between FSPTX and FOCPX is 0.89, 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
FSPTX vs. FOCPX - Performance Comparison
In the year-to-date period, FSPTX achieves a 29.25% return, which is significantly higher than FOCPX's 26.53% return. Over the past 10 years, FSPTX has outperformed FOCPX with an annualized return of 21.69%, while FOCPX has yielded a comparatively lower 18.27% 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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FSPTX vs. FOCPX - Expense Ratio Comparison
FSPTX has a 0.67% expense ratio, which is lower than FOCPX's 0.80% expense ratio.
Risk-Adjusted Performance
FSPTX vs. FOCPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Technology Portfolio (FSPTX) and Fidelity OTC Portfolio (FOCPX). 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
FSPTX vs. FOCPX - Dividend Comparison
FSPTX has not paid dividends to shareholders, while FOCPX's dividend yield for the trailing twelve months is around 10.85%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSPTX Fidelity Select Technology Portfolio | 0.00% | 0.01% | 3.95% | 11.62% | 18.86% | 1.86% | 23.77% | 8.32% | 1.54% | 4.28% | 17.85% | 8.07% |
FOCPX Fidelity OTC Portfolio | 10.85% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 4.64% | 12.91% | 13.60% |
Drawdowns
FSPTX vs. FOCPX - Drawdown Comparison
The maximum FSPTX drawdown since its inception was -84.32%, which is greater than FOCPX's maximum drawdown of -69.01%. Use the drawdown chart below to compare losses from any high point for FSPTX and FOCPX. For additional features, visit the drawdowns tool.
Volatility
FSPTX vs. FOCPX - Volatility Comparison
Fidelity Select Technology Portfolio (FSPTX) has a higher volatility of 5.90% compared to Fidelity OTC Portfolio (FOCPX) at 3.99%. This indicates that FSPTX's price experiences larger fluctuations and is considered to be riskier than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.