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FSPTX vs. FSCSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSPTX and FSCSX is 0.76, 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. FSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Technology Portfolio (FSPTX) and Fidelity Select Software & IT Services Portfolio (FSCSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSPTX:

0.41

FSCSX:

0.12

Sortino Ratio

FSPTX:

0.83

FSCSX:

0.38

Omega Ratio

FSPTX:

1.11

FSCSX:

1.05

Calmar Ratio

FSPTX:

0.49

FSCSX:

0.11

Martin Ratio

FSPTX:

1.48

FSCSX:

0.30

Ulcer Index

FSPTX:

9.76%

FSCSX:

12.27%

Daily Std Dev

FSPTX:

33.02%

FSCSX:

26.46%

Max Drawdown

FSPTX:

-84.32%

FSCSX:

-58.41%

Current Drawdown

FSPTX:

-9.83%

FSCSX:

-16.69%

Returns By Period

In the year-to-date period, FSPTX achieves a -5.67% return, which is significantly lower than FSCSX's 1.10% return. Over the past 10 years, FSPTX has outperformed FSCSX with an annualized return of 19.28%, while FSCSX has yielded a comparatively lower 9.13% annualized return.


FSPTX

YTD

-5.67%

1M

18.29%

6M

-5.08%

1Y

13.30%

5Y*

19.62%

10Y*

19.28%

FSCSX

YTD

1.10%

1M

18.55%

6M

-8.38%

1Y

3.09%

5Y*

6.43%

10Y*

9.13%

*Annualized

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FSPTX vs. FSCSX - Expense Ratio Comparison

Both FSPTX and FSCSX have an expense ratio of 0.67%.


Risk-Adjusted Performance

FSPTX vs. FSCSX — Risk-Adjusted Performance Rank

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

FSPTX
The Risk-Adjusted Performance Rank of FSPTX is 5050
Overall Rank
The Sharpe Ratio Rank of FSPTX is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPTX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of FSPTX is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FSPTX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FSPTX is 4646
Martin Ratio Rank

FSCSX
The Risk-Adjusted Performance Rank of FSCSX is 2727
Overall Rank
The Sharpe Ratio Rank of FSCSX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of FSCSX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of FSCSX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of FSCSX is 2626
Calmar Ratio Rank
The Martin Ratio Rank of FSCSX is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSPTX vs. FSCSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Technology Portfolio (FSPTX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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.


The current FSPTX Sharpe Ratio is 0.41, which is higher than the FSCSX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of FSPTX and FSCSX, 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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Dividends

FSPTX vs. FSCSX - Dividend Comparison

FSPTX's dividend yield for the trailing twelve months is around 4.99%, more than FSCSX's 1.54% yield.


TTM20242023202220212020201920182017201620152014
FSPTX
Fidelity Select Technology Portfolio
4.99%4.71%0.01%3.95%11.62%18.86%1.61%23.63%8.31%1.49%4.28%17.85%
FSCSX
Fidelity Select Software & IT Services Portfolio
1.54%0.00%0.00%0.00%0.00%0.55%0.23%0.04%0.00%0.03%2.35%10.43%

Drawdowns

FSPTX vs. FSCSX - Drawdown Comparison

The maximum FSPTX drawdown since its inception was -84.32%, which is greater than FSCSX's maximum drawdown of -58.41%. Use the drawdown chart below to compare losses from any high point for FSPTX and FSCSX. For additional features, visit the drawdowns tool.


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Volatility

FSPTX vs. FSCSX - Volatility Comparison

Fidelity Select Technology Portfolio (FSPTX) has a higher volatility of 9.58% compared to Fidelity Select Software & IT Services Portfolio (FSCSX) at 8.38%. This indicates that FSPTX's price experiences larger fluctuations and is considered to be riskier than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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