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

Key characteristics


FSPTXPRSCX
YTD Return28.45%30.69%
1Y Return41.23%43.82%
3Y Return (Ann)10.72%7.16%
5Y Return (Ann)24.14%17.28%
10Y Return (Ann)21.63%17.38%
Sharpe Ratio1.882.03
Sortino Ratio2.462.65
Omega Ratio1.331.35
Calmar Ratio2.481.89
Martin Ratio8.959.42
Ulcer Index4.82%4.88%
Daily Std Dev22.99%22.60%
Max Drawdown-84.32%-85.26%
Current Drawdown-2.40%-2.33%

Correlation

-0.50.00.51.00.9

The correlation between FSPTX and PRSCX is 0.91, 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. PRSCX - Performance Comparison

In the year-to-date period, FSPTX achieves a 28.45% return, which is significantly lower than PRSCX's 30.69% return. Over the past 10 years, FSPTX has outperformed PRSCX with an annualized return of 21.63%, while PRSCX has yielded a comparatively lower 17.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%MayJuneJulyAugustSeptemberOctober
19.56%
16.40%
FSPTX
PRSCX

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FSPTX vs. PRSCX - Expense Ratio Comparison

FSPTX has a 0.67% expense ratio, which is lower than PRSCX's 0.84% expense ratio.


PRSCX
T. Rowe Price Science And Technology Fund
Expense ratio chart for PRSCX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
Expense ratio chart for FSPTX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%

Risk-Adjusted Performance

FSPTX vs. PRSCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Technology Portfolio (FSPTX) and T. Rowe Price Science And Technology Fund (PRSCX). 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.


FSPTX
Sharpe ratio
The chart of Sharpe ratio for FSPTX, currently valued at 1.88, compared to the broader market0.002.004.001.88
Sortino ratio
The chart of Sortino ratio for FSPTX, currently valued at 2.46, compared to the broader market0.005.0010.002.46
Omega ratio
The chart of Omega ratio for FSPTX, currently valued at 1.33, compared to the broader market1.002.003.004.001.33
Calmar ratio
The chart of Calmar ratio for FSPTX, currently valued at 2.48, compared to the broader market0.005.0010.0015.0020.0025.002.48
Martin ratio
The chart of Martin ratio for FSPTX, currently valued at 8.95, compared to the broader market0.0020.0040.0060.0080.00100.008.95
PRSCX
Sharpe ratio
The chart of Sharpe ratio for PRSCX, currently valued at 2.03, compared to the broader market0.002.004.002.03
Sortino ratio
The chart of Sortino ratio for PRSCX, currently valued at 2.65, compared to the broader market0.005.0010.002.65
Omega ratio
The chart of Omega ratio for PRSCX, currently valued at 1.35, compared to the broader market1.002.003.004.001.35
Calmar ratio
The chart of Calmar ratio for PRSCX, currently valued at 1.89, compared to the broader market0.005.0010.0015.0020.0025.001.89
Martin ratio
The chart of Martin ratio for PRSCX, currently valued at 9.42, compared to the broader market0.0020.0040.0060.0080.00100.009.42

FSPTX vs. PRSCX - Sharpe Ratio Comparison

The current FSPTX Sharpe Ratio is 1.88, which is comparable to the PRSCX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of FSPTX and PRSCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.00MayJuneJulyAugustSeptemberOctober
1.88
2.03
FSPTX
PRSCX

Dividends

FSPTX vs. PRSCX - Dividend Comparison

Neither FSPTX nor PRSCX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
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%
PRSCX
T. Rowe Price Science And Technology Fund
0.00%0.00%7.83%33.69%13.90%5.86%36.03%13.21%3.68%18.51%17.17%0.00%

Drawdowns

FSPTX vs. PRSCX - Drawdown Comparison

The maximum FSPTX drawdown since its inception was -84.32%, roughly equal to the maximum PRSCX drawdown of -85.26%. Use the drawdown chart below to compare losses from any high point for FSPTX and PRSCX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-2.40%
-2.33%
FSPTX
PRSCX

Volatility

FSPTX vs. PRSCX - Volatility Comparison

Fidelity Select Technology Portfolio (FSPTX) has a higher volatility of 5.90% compared to T. Rowe Price Science And Technology Fund (PRSCX) at 4.73%. This indicates that FSPTX's price experiences larger fluctuations and is considered to be riskier than PRSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%MayJuneJulyAugustSeptemberOctober
5.90%
4.73%
FSPTX
PRSCX