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FSRBX vs. FSPSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSRBX and FSPSX is 0.76, 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

FSRBX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Banking Portfolio (FSRBX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSRBX:

0.54

FSPSX:

0.69

Sortino Ratio

FSRBX:

0.96

FSPSX:

1.08

Omega Ratio

FSRBX:

1.13

FSPSX:

1.15

Calmar Ratio

FSRBX:

0.57

FSPSX:

0.88

Martin Ratio

FSRBX:

1.60

FSPSX:

2.54

Ulcer Index

FSRBX:

10.00%

FSPSX:

4.69%

Daily Std Dev

FSRBX:

29.95%

FSPSX:

16.72%

Max Drawdown

FSRBX:

-76.10%

FSPSX:

-33.69%

Current Drawdown

FSRBX:

-13.13%

FSPSX:

0.00%

Returns By Period

In the year-to-date period, FSRBX achieves a -2.25% return, which is significantly lower than FSPSX's 14.66% return. Over the past 10 years, FSRBX has underperformed FSPSX with an annualized return of 3.34%, while FSPSX has yielded a comparatively higher 5.60% annualized return.


FSRBX

YTD

-2.25%

1M

20.67%

6M

-10.37%

1Y

15.98%

5Y*

19.20%

10Y*

3.34%

FSPSX

YTD

14.66%

1M

9.70%

6M

12.92%

1Y

11.55%

5Y*

12.85%

10Y*

5.60%

*Annualized

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FSRBX vs. FSPSX - Expense Ratio Comparison

FSRBX has a 0.73% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Risk-Adjusted Performance

FSRBX vs. FSPSX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSRBX
The Risk-Adjusted Performance Rank of FSRBX is 5656
Overall Rank
The Sharpe Ratio Rank of FSRBX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of FSRBX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FSRBX is 5555
Omega Ratio Rank
The Calmar Ratio Rank of FSRBX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FSRBX is 4848
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 6868
Overall Rank
The Sharpe Ratio Rank of FSPSX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSRBX vs. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Banking Portfolio (FSRBX) and Fidelity International Index Fund (FSPSX). 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.


The current FSRBX Sharpe Ratio is 0.54, which is comparable to the FSPSX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of FSRBX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FSRBX vs. FSPSX - Dividend Comparison

FSRBX's dividend yield for the trailing twelve months is around 2.31%, less than FSPSX's 2.53% yield.


TTM20242023202220212020201920182017201620152014
FSRBX
Fidelity Select Banking Portfolio
2.31%2.37%2.96%2.74%1.81%2.47%1.87%2.44%0.94%0.76%3.69%4.30%
FSPSX
Fidelity International Index Fund
2.53%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%

Drawdowns

FSRBX vs. FSPSX - Drawdown Comparison

The maximum FSRBX drawdown since its inception was -76.10%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FSRBX and FSPSX. For additional features, visit the drawdowns tool.


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Volatility

FSRBX vs. FSPSX - Volatility Comparison

Fidelity Select Banking Portfolio (FSRBX) has a higher volatility of 6.91% compared to Fidelity International Index Fund (FSPSX) at 2.96%. This indicates that FSRBX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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