FSPTX vs. FSCSX
FSPTX (Fidelity Select Technology Portfolio) and FSCSX (Fidelity Select Software & IT Services Portfolio) are both Technology Equities funds from Fidelity. Both are actively managed. Over the past 10 years, FSPTX returned 25.66%/yr vs 15.45%/yr for FSCSX. Their correlation of 0.88 means they have usually moved in the same direction. FSPTX charges 0.62%/yr vs 0.67%/yr for FSCSX.
Performance
FSPTX vs. FSCSX - Performance Comparison
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Returns By Period
In the year-to-date period, FSPTX achieves a 29.71% return, which is significantly higher than FSCSX's -12.80% return. Over the past 10 years, FSPTX has outperformed FSCSX with an annualized return of 25.66%, while FSCSX has yielded a comparatively lower 15.45% annualized return.
FSPTX
- 1D
- -1.10%
- 1M
- -1.91%
- 6M
- 23.76%
- YTD
- 29.71%
- 1Y
- 42.60%
- 3Y*
- 33.33%
- 5Y*
- 19.80%
- 10Y*
- 25.66%
- ALL TIME*
- 14.97%
FSCSX
- 1D
- 2.61%
- 1M
- 3.35%
- 6M
- -7.29%
- YTD
- -12.80%
- 1Y
- -15.88%
- 3Y*
- 8.18%
- 5Y*
- 3.89%
- 10Y*
- 15.45%
- ALL TIME*
- 15.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FSPTX vs. FSCSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSPTX Fidelity Select Technology Portfolio | 29.71% | 23.37% | 41.76% | 59.83% | -36.91% | 21.99% | 63.95% | 51.08% | -9.03% | 49.75% |
FSCSX Fidelity Select Software & IT Services Portfolio | -12.80% | 6.96% | 19.66% | 51.72% | -29.13% | 18.13% | 45.55% | 38.99% | 4.08% | 38.60% |
Correlation
The correlation between FSPTX and FSCSX is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 1985 | 0.88 |
Over the past year, the correlation between FSPTX and FSCSX has dropped to 0.49 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
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Return for Risk
FSPTX vs. FSCSX — Risk / Return Rank
FSPTX
FSCSX
FSPTX vs. FSCSX - Risk-Adjusted Trends 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.
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 | FSCSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.93 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | -0.46 | +3.66 |
| Martin ratioReturn relative to average drawdown | 8.79 | -0.96 | +9.75 |
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Drawdowns
FSPTX vs. FSCSX - Drawdown Comparison
The maximum FSPTX drawdown since its inception was -84.37%, which is greater than FSCSX's maximum drawdown of -64.66%. Use the drawdown chart below to compare losses from any high point for FSPTX and FSCSX.
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Drawdown Indicators
| FSPTX | FSCSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.37% | -64.66% | -19.71% |
Max Drawdown (1Y)Largest decline over 1 year | -13.71% | -34.24% | +20.53% |
Max Drawdown (3Y)Largest decline over 3 years | -29.22% | -34.24% | +5.02% |
Max Drawdown (5Y)Largest decline over 5 years | -42.16% | -37.06% | -5.10% |
Max Drawdown (10Y)Largest decline over 10 years | -42.16% | -37.06% | -5.10% |
Current DrawdownCurrent decline from peak | -11.89% | -17.78% | +5.89% |
Average DrawdownAverage peak-to-trough decline | -26.96% | -13.24% | -13.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.98% | 16.59% | -11.61% |
Volatility
FSPTX vs. FSCSX - Volatility Comparison
Fidelity Select Technology Portfolio (FSPTX) has a higher volatility of 8.30% compared to Fidelity Select Software & IT Services Portfolio (FSCSX) at 7.68%. 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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Volatility by Period
| FSPTX | FSCSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 7.68% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 20.89% | 25.94% | -5.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.29% | 29.33% | -4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.97% | 26.76% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.27% | 24.72% | +1.55% |
FSPTX vs. FSCSX - Expense Ratio Comparison
FSPTX has a 0.62% expense ratio, which is lower than FSCSX's 0.67% expense ratio.
Dividends
FSPTX vs. FSCSX - Dividend Comparison
FSPTX's dividend yield for the trailing twelve months is around 8.37%, less than FSCSX's 23.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCSX Fidelity Select Software & IT Services Portfolio | 23.04% | 15.40% | 19.17% | 7.72% | 9.06% | 6.54% | 5.10% | 12.70% | 6.20% | 7.15% | 3.98% | 5.22% |
FSPTX Fidelity Select Technology Portfolio | 8.37% | 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
FSPTX and FSCSX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSPTX has higher volatility (8.30%) compared to FSCSX (7.68%). In terms of maximum drawdown, FSPTX dropped -84.37% vs FSCSX's -64.66%.
FSPTX currently has the higher Sharpe Ratio (1.74 vs -0.54), 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.
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