FSRBX vs. FOCPX
FSRBX (Fidelity Select Banking Portfolio) and FOCPX (Fidelity OTC Portfolio) are both mutual funds - FSRBX is a Financials Equities fund managed by Fidelity, while FOCPX is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 10 years, FSRBX returned 12.36%/yr vs 20.98%/yr for FOCPX. Their 0.56 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.73% expense ratio.
Performance
FSRBX vs. FOCPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSRBX achieves a 15.84% return, which is significantly lower than FOCPX's 18.16% return. Over the past 10 years, FSRBX has underperformed FOCPX with an annualized return of 12.36%, while FOCPX has yielded a comparatively higher 20.98% annualized return.
FSRBX
- 1D
- 0.55%
- 1M
- 1.16%
- 6M
- 11.29%
- YTD
- 15.84%
- 1Y
- 25.72%
- 3Y*
- 23.43%
- 5Y*
- 11.93%
- 10Y*
- 12.36%
- ALL TIME*
- 12.00%
FOCPX
- 1D
- 2.57%
- 1M
- -5.22%
- 6M
- 15.55%
- YTD
- 18.16%
- 1Y
- 36.11%
- 3Y*
- 28.54%
- 5Y*
- 15.54%
- 10Y*
- 20.98%
- ALL TIME*
- 14.78%
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 |
FSRBX vs. FOCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSRBX Fidelity Select Banking Portfolio | 15.84% | 11.11% | 30.13% | 8.48% | -12.61% | 38.21% | -11.73% | 35.60% | -19.04% | 12.72% |
FOCPX Fidelity OTC Portfolio | 18.16% | 22.21% | 38.95% | 42.64% | -32.08% | 24.94% | 46.75% | 39.20% | -3.30% | 38.61% |
Correlation
The correlation between FSRBX and FOCPX is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 1986 | 0.56 |
Over the past year, the correlation between FSRBX and FOCPX has dropped to 0.23 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSRBX vs. FOCPX — Risk / Return Rank
FSRBX
FOCPX
FSRBX vs. FOCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Banking Portfolio (FSRBX) and Fidelity OTC Portfolio (FOCPX). 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.
| FSRBX | FOCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 3.06 | -1.68 |
| Martin ratioReturn relative to average drawdown | 3.63 | 10.51 | -6.88 |
Loading charts...
Drawdowns
FSRBX vs. FOCPX - Drawdown Comparison
The maximum FSRBX drawdown since its inception was -76.89%, which is greater than FOCPX's maximum drawdown of -70.25%. Use the drawdown chart below to compare losses from any high point for FSRBX and FOCPX.
Loading charts...
Drawdown Indicators
| FSRBX | FOCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.89% | -70.25% | -6.64% |
Max Drawdown (1Y)Largest decline over 1 year | -15.60% | -11.29% | -4.31% |
Max Drawdown (3Y)Largest decline over 3 years | -26.05% | -24.82% | -1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -41.95% | -37.05% | -4.90% |
Max Drawdown (10Y)Largest decline over 10 years | -51.23% | -37.05% | -14.18% |
Current DrawdownCurrent decline from peak | -2.56% | -8.83% | +6.27% |
Average DrawdownAverage peak-to-trough decline | -13.22% | -16.96% | +3.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.91% | 3.28% | +2.63% |
Volatility
FSRBX vs. FOCPX - Volatility Comparison
The current volatility for Fidelity Select Banking Portfolio (FSRBX) is 5.48%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 6.26%. This indicates that FSRBX experiences smaller price fluctuations and is considered to be less risky than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSRBX | FOCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 6.26% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 15.03% | 17.25% | -2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.59% | 20.90% | +1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.61% | 23.14% | +3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.37% | 22.59% | +6.78% |
FSRBX vs. FOCPX - Expense Ratio Comparison
Both FSRBX and FOCPX have an expense ratio of 0.73%.
Dividends
FSRBX vs. FOCPX - Dividend Comparison
FSRBX's dividend yield for the trailing twelve months is around 2.06%, less than FOCPX's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOCPX Fidelity OTC Portfolio | 6.58% | 7.78% | 16.76% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 5.41% |
FSRBX Fidelity Select Banking Portfolio | 2.06% | 1.47% | 4.49% | 5.35% | 6.12% | 3.36% | 8.63% | 5.90% | 32.02% | 2.57% | 0.76% | 5.64% |
Frequently Asked Questions
FSRBX and FOCPX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FOCPX has higher volatility (6.26%) compared to FSRBX (5.48%). In terms of maximum drawdown, FSRBX dropped -76.89% vs FOCPX's -70.25%.
FOCPX currently has the higher Sharpe Ratio (1.65 vs 0.95), 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.
Find the right allocation for FSRBX and FOCPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer