FSPTX vs. XLK
Compare and contrast key facts about Fidelity Select Technology Portfolio (FSPTX) and Technology Select Sector SPDR Fund (XLK).
FSPTX is managed by Fidelity. It was launched on Jul 13, 1981. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSPTX or XLK.
Performance
FSPTX vs. XLK - Performance Comparison
Returns By Period
In the year-to-date period, FSPTX achieves a 30.76% return, which is significantly higher than XLK's 19.44% return. Over the past 10 years, FSPTX has underperformed XLK with an annualized return of 13.24%, while XLK has yielded a comparatively higher 20.13% annualized return.
FSPTX
30.76%
1.17%
13.66%
38.90%
14.31%
13.24%
XLK
19.44%
-0.30%
8.36%
25.78%
22.44%
20.13%
Key characteristics
| FSPTX | XLK | |
|---|---|---|
| Sharpe Ratio | 1.69 | 1.22 |
| Sortino Ratio | 2.23 | 1.68 |
| Omega Ratio | 1.30 | 1.23 |
| Calmar Ratio | 2.42 | 1.56 |
| Martin Ratio | 8.25 | 5.38 |
| Ulcer Index | 4.71% | 4.91% |
| Daily Std Dev | 23.03% | 21.72% |
| Max Drawdown | -84.32% | -82.05% |
| Current Drawdown | -3.27% | -3.67% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSPTX vs. XLK - Expense Ratio Comparison
FSPTX has a 0.67% expense ratio, which is higher than XLK's 0.13% expense ratio.
Correlation
The correlation between FSPTX and XLK is 0.92, 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.
Risk-Adjusted Performance
FSPTX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Technology Portfolio (FSPTX) and Technology Select Sector SPDR Fund (XLK). 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.
Dividends
FSPTX vs. XLK - Dividend Comparison
FSPTX has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.68%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSPTX Fidelity Select Technology Portfolio | 0.00% | 0.01% | 0.00% | 0.00% | 0.09% | 0.25% | 0.14% | 0.00% | 0.05% | 4.28% | 17.85% | 8.07% |
XLK Technology Select Sector SPDR Fund | 0.68% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
FSPTX vs. XLK - Drawdown Comparison
The maximum FSPTX drawdown since its inception was -84.32%, roughly equal to the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for FSPTX and XLK. For additional features, visit the drawdowns tool.
Volatility
FSPTX vs. XLK - Volatility Comparison
Fidelity Select Technology Portfolio (FSPTX) and Technology Select Sector SPDR Fund (XLK) have volatilities of 6.50% and 6.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.