FSPTX vs. IVV
FSPTX (Fidelity Select Technology Portfolio) and IVV (iShares Core S&P 500 ETF) are both funds - FSPTX is a Technology Equities fund actively managed by Fidelity, while IVV is a S&P 500 fund tracking the S&P 500 Index. FSPTX is actively managed, while IVV is passively managed. Over the past 10 years, FSPTX returned 25.58%/yr vs 15.11%/yr for IVV. Their correlation of 0.83 means they have usually moved in the same direction. FSPTX charges 0.61%/yr vs 0.03%/yr for IVV.
Performance
FSPTX vs. IVV - Performance Comparison
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Returns By Period
In the year-to-date period, FSPTX achieves a 30.03% return, which is significantly higher than IVV's 10.13% return. Over the past 10 years, FSPTX has outperformed IVV with an annualized return of 25.58%, while IVV has yielded a comparatively lower 15.11% 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%
IVV
- 1D
- 0.69%
- 1M
- 0.25%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.55%
- 3Y*
- 19.40%
- 5Y*
- 12.82%
- 10Y*
- 15.11%
- ALL TIME*
- 8.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $3.36B | $3.31B | $5.91B |
FSPTX vs. IVV - 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% |
IVV iShares Core S&P 500 ETF | 10.13% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between FSPTX and IVV is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since May 19, 2000 | 0.83 |
The correlation between FSPTX and IVV has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.
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Return for Risk
FSPTX vs. IVV — Risk / Return Rank
FSPTX
IVV
FSPTX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Technology Portfolio (FSPTX) and iShares Core S&P 500 ETF (IVV). 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 | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.27 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | 2.21 | +0.65 |
| Martin ratioReturn relative to average drawdown | 8.20 | 9.43 | -1.23 |
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Drawdowns
FSPTX vs. IVV - Drawdown Comparison
The maximum FSPTX drawdown since its inception was -84.37%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FSPTX and IVV.
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Drawdown Indicators
| FSPTX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.37% | -55.25% | -29.12% |
Max Drawdown (1Y)Largest decline over 1 year | -14.87% | -8.89% | -5.98% |
Max Drawdown (3Y)Largest decline over 3 years | -29.22% | -18.75% | -10.47% |
Max Drawdown (5Y)Largest decline over 5 years | -42.16% | -24.53% | -17.63% |
Max Drawdown (10Y)Largest decline over 10 years | -42.16% | -33.90% | -8.26% |
Current DrawdownCurrent decline from peak | -11.67% | -1.41% | -10.26% |
Average DrawdownAverage peak-to-trough decline | -26.96% | -10.72% | -16.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.19% | 2.09% | +3.10% |
Volatility
FSPTX vs. IVV - Volatility Comparison
Fidelity Select Technology Portfolio (FSPTX) has a higher volatility of 8.28% compared to iShares Core S&P 500 ETF (IVV) at 3.52%. This indicates that FSPTX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSPTX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.28% | 3.52% | +4.76% |
Volatility (6M)Calculated over the trailing 6-month period | 21.29% | 10.18% | +11.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.63% | 12.89% | +12.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.04% | 17.01% | +11.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.29% | 18.06% | +8.23% |
FSPTX vs. IVV - Expense Ratio Comparison
FSPTX has a 0.61% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
FSPTX vs. IVV - Dividend Comparison
FSPTX's dividend yield for the trailing twelve months is around 8.35%, more than IVV's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IVV iShares Core S&P 500 ETF | 1.09% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Frequently Asked Questions
FSPTX and IVV have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSPTX has higher volatility (8.28%) compared to IVV (3.52%). In terms of maximum drawdown, FSPTX dropped -84.37% vs IVV's -55.25%.
FSPTX currently has the higher Sharpe Ratio (1.66 vs 1.53), 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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