FSPTX vs. FSHCX

Last updated Aug 2, 2026

FSPTX (Fidelity Select Technology Portfolio) and FSHCX (Fidelity Select Health Care Services Portfolio) are both mutual funds - FSPTX is a Technology Equities fund actively managed by Fidelity, while FSHCX is a Health & Biotech Equities fund managed by Fidelity. Over the past 10 years, FSPTX returned 25.58%/yr vs 9.63%/yr for FSHCX. Their 0.49 correlation means their historical movements had little consistent relationship. FSPTX charges 0.61%/yr vs 0.71%/yr for FSHCX.

Performance

FSPTX vs. FSHCX - Performance Comparison

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

Returns By Period

In the year-to-date period, FSPTX achieves a 30.03% return, which is significantly higher than FSHCX's 16.94% return. Over the past 10 years, FSPTX has outperformed FSHCX with an annualized return of 25.58%, while FSHCX has yielded a comparatively lower 9.63% annualized return.

FSPTX

• 1D: 3.77%
• 1M: -2.64%
• 6M: 27.84%
• YTD: 30.03%
• 1Y: 46.11%
• 3Y*: 33.19%
• 5Y*: 19.84%
• 10Y*: 25.58%
• ALL TIME*: 14.97%

FSHCX

• 1D: 0.00%
• 1M: -2.29%
• 6M: 22.13%
• YTD: 16.94%
• 1Y: 42.00%
• 3Y*: 2.68%
• 5Y*: 2.72%
• 10Y*: 9.63%
• ALL TIME*: 11.40%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSHCX Fidelity Select Health Care Services Portfolio	$0.00	$0.00	$0.00
FSPTX Fidelity Select Technology Portfolio	$0.00	$0.00	$0.00

FSPTX vs. FSHCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSPTX Fidelity Select Technology Portfolio	30.03%	23.37%	41.76%	59.83%	-36.91%	21.99%	63.95%	51.08%	-9.03%	49.75%
FSHCX Fidelity Select Health Care Services Portfolio	16.94%	3.85%	-13.21%	1.52%	0.86%	20.22%	18.58%	19.91%	10.17%	24.46%

Correlation

The correlation between FSPTX and FSHCX is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.07
Correlation (3Y) Balances recent behavior with more history.	0.09
Correlation (5Y) Shows whether the relationship held over a longer period.	0.27
Correlation (10Y) Provides a long-term view across more market conditions.	0.36
Correlation (All Time) Calculated using the full available price history since Jun 30, 1986	0.49

Over the past year, the correlation between FSPTX and FSHCX has dropped to 0.07 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

Return for Risk

FSPTX vs. FSHCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSPTX

FSPTX Risk / Return Rank: 72
FSPTX Sharpe Ratio Rank: 74
FSPTX Sortino Ratio Rank: 66
FSPTX Omega Ratio Rank: 65
FSPTX Calmar Ratio Rank: 85
FSPTX Martin Ratio Rank: 69

FSHCX

FSHCX Risk / Return Rank: 68
FSHCX Sharpe Ratio Rank: 77
FSHCX Sortino Ratio Rank: 69
FSHCX Omega Ratio Rank: 76
FSHCX Calmar Ratio Rank: 65
FSHCX Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSPTX vs. FSHCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Technology Portfolio (FSPTX) and Fidelity Select Health Care Services Portfolio (FSHCX). 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	FSHCX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.75	-0.09
Sortino ratio: Return per unit of downside risk	2.20	2.29	-0.10
Omega ratio: Gain probability vs. loss probability	1.28	1.33	-0.05
Calmar ratio: Return relative to maximum drawdown	2.86	2.09	+0.77
Martin ratio: Return relative to average drawdown	8.20	6.95	+1.24

FSPTX vs. FSHCX - Sharpe Ratio Comparison

The current FSPTX Sharpe Ratio is 1.66, which is comparable to the FSHCX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of FSPTX and FSHCX, 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. FSHCX - Drawdown Comparison

The maximum FSPTX drawdown since its inception was -84.37%, which is greater than FSHCX's maximum drawdown of -57.81%. Use the drawdown chart below to compare losses from any high point for FSPTX and FSHCX.

Drawdown Indicators

	FSPTX	FSHCX	Difference
Max Drawdown Largest peak-to-trough decline	-84.37%	-57.81%	-26.56%
Max Drawdown (1Y) Largest decline over 1 year	-14.87%	-16.65%	+1.78%
Max Drawdown (3Y) Largest decline over 3 years	-29.22%	-29.52%	+0.30%
Max Drawdown (5Y) Largest decline over 5 years	-42.16%	-29.52%	-12.64%
Max Drawdown (10Y) Largest decline over 10 years	-42.16%	-35.48%	-6.68%
Current Drawdown Current decline from peak	-11.67%	-2.75%	-8.92%
Average Drawdown Average peak-to-trough decline	-26.96%	-11.34%	-15.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.19%	5.04%	+0.15%

Volatility

FSPTX vs. FSHCX - Volatility Comparison

Fidelity Select Technology Portfolio (FSPTX) has a higher volatility of 8.28% compared to Fidelity Select Health Care Services Portfolio (FSHCX) at 6.23%. This indicates that FSPTX's price experiences larger fluctuations and is considered to be riskier than FSHCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSPTX	FSHCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.28%	6.23%	+2.05%
Volatility (6M) Calculated over the trailing 6-month period	21.29%	13.56%	+7.73%
Volatility (1Y) Calculated over the trailing 1-year period	25.63%	19.96%	+5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.04%	19.38%	+8.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.29%	21.54%	+4.75%

FSPTX vs. FSHCX - Expense Ratio Comparison

FSPTX has a 0.61% expense ratio, which is lower than FSHCX's 0.71% expense ratio.

Dividends

FSPTX vs. FSHCX - Dividend Comparison

FSPTX's dividend yield for the trailing twelve months is around 8.35%, more than FSHCX's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSHCX Fidelity Select Health Care Services Portfolio	0.65%	0.75%	16.63%	0.57%	5.32%	7.09%	0.76%	0.27%	12.92%	13.41%	4.62%	4.06%
FSPTX Fidelity Select Technology Portfolio	8.35%	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 FSHCX in my portfolio?

FSPTX and FSHCX have a correlation of 0.07, 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 FSHCX?

FSPTX has higher volatility (8.28%) compared to FSHCX (6.23%). In terms of maximum drawdown, FSPTX dropped -84.37% vs FSHCX's -57.81%.

Which has better risk-adjusted returns?

FSHCX currently has the higher Sharpe Ratio (1.75 vs 1.66), 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.