FSRPX vs. FSCHX

Last updated Jun 24, 2026

FSRPX (Fidelity Select Retailing Portfolio) and FSCHX (Fidelity Select Chemicals Portfolio) are both mutual funds - FSRPX is a Consumer Discretionary Equities fund managed by Fidelity, while FSCHX is a Energy Equities fund managed by Fidelity. Over the past 10 years, FSRPX returned 12.54%/yr vs 6.71%/yr for FSCHX. A 0.63 correlation means they provide meaningful diversification when combined. FSRPX charges 0.72%/yr vs 0.74%/yr for FSCHX.

Performance

FSRPX vs. FSCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Retailing Portfolio (FSRPX) and Fidelity Select Chemicals Portfolio (FSCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSRPX achieves a 1.89% return, which is significantly lower than FSCHX's 20.42% return. Over the past 10 years, FSRPX has outperformed FSCHX with an annualized return of 12.54%, while FSCHX has yielded a comparatively lower 6.71% annualized return.

FSRPX

• 1D: -1.78%
• 1M: -2.73%
• YTD: 1.89%
• 6M: -9.70%
• 1Y: -2.09%
• 3Y*: 10.94%
• 5Y*: 2.11%
• 10Y*: 12.54%

FSCHX

• 1D: 0.28%
• 1M: 1.94%
• YTD: 20.42%
• 6M: 20.30%
• 1Y: 15.45%
• 3Y*: 4.40%
• 5Y*: 2.55%
• 10Y*: 6.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSRPX vs. FSCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSRPX Fidelity Select Retailing Portfolio	1.89%	-4.15%	23.28%	26.94%	-29.44%	18.25%	44.27%	26.33%	4.58%	25.55%
FSCHX Fidelity Select Chemicals Portfolio	20.42%	-8.85%	-6.17%	12.80%	-13.81%	31.95%	17.52%	8.30%	-22.30%	31.63%

Correlation

The correlation between FSRPX and FSCHX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Dec 16, 1985	0.63

The correlation between FSRPX and FSCHX shifts across timeframes, from 0.54 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FSRPX vs. FSCHX — Risk / Return Rank

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

FSRPX

FSRPX Risk / Return Rank: 2
FSRPX Sharpe Ratio Rank: 2
FSRPX Sortino Ratio Rank: 3
FSRPX Omega Ratio Rank: 3
FSRPX Calmar Ratio Rank: 2
FSRPX Martin Ratio Rank: 2

FSCHX

FSCHX Risk / Return Rank: 14
FSCHX Sharpe Ratio Rank: 15
FSCHX Sortino Ratio Rank: 17
FSCHX Omega Ratio Rank: 15
FSCHX Calmar Ratio Rank: 14
FSCHX Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSRPX vs. FSCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Retailing Portfolio (FSRPX) and Fidelity Select Chemicals Portfolio (FSCHX). 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.

	FSRPX	FSCHX	Difference
Sharpe ratio: Return per unit of total volatility	-0.06	1.03	-1.10
Sortino ratio: Return per unit of downside risk	0.05	1.57	-1.53
Omega ratio: Gain probability vs. loss probability	1.01	1.18	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.07	1.22	-1.29
Martin ratio: Return relative to average drawdown	-0.16	2.98	-3.14

FSRPX vs. FSCHX - Sharpe Ratio Comparison

The current FSRPX Sharpe Ratio is -0.06, which is lower than the FSCHX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of FSRPX and FSCHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSRPX vs. FSCHX - Drawdown Comparison

The maximum FSRPX drawdown since its inception was -55.75%, smaller than the maximum FSCHX drawdown of -59.24%. Use the drawdown chart below to compare losses from any high point for FSRPX and FSCHX.

Drawdown Indicators

	FSRPX	FSCHX	Difference
Max Drawdown Largest peak-to-trough decline	-55.75%	-59.24%	+3.49%
Max Drawdown (1Y) Largest decline over 1 year	-17.79%	-13.98%	-3.81%
Max Drawdown (3Y) Largest decline over 3 years	-22.58%	-27.38%	+4.80%
Max Drawdown (5Y) Largest decline over 5 years	-39.01%	-27.38%	-11.63%
Max Drawdown (10Y) Largest decline over 10 years	-39.01%	-51.75%	+12.74%
Current Drawdown Current decline from peak	-11.49%	-5.28%	-6.21%
Average Drawdown Average peak-to-trough decline	-9.09%	-8.88%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.84%	5.73%	+2.11%

Volatility

FSRPX vs. FSCHX - Volatility Comparison

Fidelity Select Retailing Portfolio (FSRPX) has a higher volatility of 5.44% compared to Fidelity Select Chemicals Portfolio (FSCHX) at 4.91%. This indicates that FSRPX's price experiences larger fluctuations and is considered to be riskier than FSCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSRPX	FSCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.44%	4.91%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	16.97%	12.11%	+4.86%
Volatility (1Y) Calculated over the trailing 1-year period	19.64%	16.61%	+3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.77%	19.95%	+2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.66%	22.50%	-0.84%

FSRPX vs. FSCHX - Expense Ratio Comparison

FSRPX has a 0.72% expense ratio, which is lower than FSCHX's 0.74% expense ratio.

Dividends

FSRPX vs. FSCHX - Dividend Comparison

FSRPX's dividend yield for the trailing twelve months is around 6.73%, more than FSCHX's 2.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCHX Fidelity Select Chemicals Portfolio	2.84%	2.23%	8.27%	6.33%	11.44%	1.18%	1.10%	6.97%	15.01%	8.05%	4.75%	6.58%
FSRPX Fidelity Select Retailing Portfolio	6.73%	8.75%	12.41%	7.40%	2.90%	15.92%	6.82%	2.13%	2.17%	3.37%	0.14%	1.22%

Frequently Asked Questions

Can I hold both FSRPX and FSCHX in my portfolio?

FSRPX and FSCHX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSRPX or FSCHX?

FSRPX has higher volatility (5.44%) compared to FSCHX (4.91%). In terms of maximum drawdown, FSRPX dropped -55.75% vs FSCHX's -59.24%.

Which has better risk-adjusted returns?

FSCHX currently has the higher Sharpe Ratio (1.03 vs -0.06), 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.