FSRPX vs. QQQ
Compare and contrast key facts about Fidelity Select Retailing Portfolio (FSRPX) and Invesco QQQ (QQQ).
FSRPX is managed by Fidelity Investments. It was launched on Dec 15, 1985. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRPX or QQQ.
Key characteristics
| FSRPX | QQQ | |
|---|---|---|
| YTD Return | 10.01% | 10.46% |
| 1Y Return | 25.33% | 34.84% |
| 3Y Return (Ann) | 1.96% | 12.65% |
| 5Y Return (Ann) | 12.98% | 20.64% |
| 10Y Return (Ann) | 15.33% | 18.79% |
| Sharpe Ratio | 1.82 | 2.30 |
| Daily Std Dev | 14.70% | 16.24% |
| Max Drawdown | -55.00% | -82.98% |
| Current Drawdown | -8.05% | -0.25% |
Correlation
The correlation between FSRPX and QQQ is 0.70, 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
FSRPX vs. QQQ - Performance Comparison
The year-to-date returns for both investments are quite close, with FSRPX having a 10.01% return and QQQ slightly higher at 10.46%. Over the past 10 years, FSRPX has underperformed QQQ with an annualized return of 15.33%, while QQQ has yielded a comparatively higher 18.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSRPX vs. QQQ - Expense Ratio Comparison
FSRPX has a 0.72% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FSRPX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Retailing Portfolio (FSRPX) and Invesco QQQ (QQQ). 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
FSRPX vs. QQQ - Dividend Comparison
FSRPX's dividend yield for the trailing twelve months is around 13.65%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRPX Fidelity Select Retailing Portfolio | 13.65% | 7.40% | 2.90% | 15.92% | 6.82% | 2.13% | 2.17% | 3.60% | 0.14% | 1.32% | 7.99% | 2.41% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
FSRPX vs. QQQ - Drawdown Comparison
The maximum FSRPX drawdown since its inception was -55.00%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FSRPX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FSRPX vs. QQQ - Volatility Comparison
The current volatility for Fidelity Select Retailing Portfolio (FSRPX) is 3.88%, while Invesco QQQ (QQQ) has a volatility of 4.84%. This indicates that FSRPX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.