FSTEX vs. SHSAX
FSTEX (Invesco Energy Fund) and SHSAX (BlackRock Health Sciences Opportunities Portfolio) are both mutual funds - FSTEX is a Energy Equities fund managed by Invesco, while SHSAX is a Health & Biotech Equities fund managed by BlackRock. Over the past 10 years, FSTEX returned 5.72%/yr vs 9.67%/yr for SHSAX. At a 0.39 correlation, their price movements are largely independent. FSTEX charges 1.36%/yr vs 1.09%/yr for SHSAX.
Performance
FSTEX vs. SHSAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSTEX achieves a 19.96% return, which is significantly higher than SHSAX's -2.94% return. Over the past 10 years, FSTEX has underperformed SHSAX with an annualized return of 5.72%, while SHSAX has yielded a comparatively higher 9.67% annualized return.
FSTEX
- 1D
- -2.09%
- 1M
- -10.56%
- YTD
- 19.96%
- 6M
- 21.47%
- 1Y
- 24.31%
- 3Y*
- 15.06%
- 5Y*
- 20.31%
- 10Y*
- 5.72%
SHSAX
- 1D
- -0.65%
- 1M
- 0.38%
- YTD
- -2.94%
- 6M
- -3.69%
- 1Y
- 16.32%
- 3Y*
- 6.12%
- 5Y*
- 3.78%
- 10Y*
- 9.67%
FSTEX vs. SHSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSTEX Invesco Energy Fund | 19.96% | 12.31% | 6.00% | 0.28% | 52.85% | 55.99% | -32.13% | 4.78% | -26.82% | -8.26% |
SHSAX BlackRock Health Sciences Opportunities Portfolio | -2.94% | 15.85% | 3.73% | 3.59% | -5.94% | 11.88% | 19.44% | 25.27% | 7.93% | 24.74% |
Correlation
The correlation between FSTEX and SHSAX is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2000 | 0.39 |
The correlation between FSTEX and SHSAX shifts across timeframes, from -0.06 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.
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
FSTEX vs. SHSAX — Risk / Return Rank
FSTEX
SHSAX
FSTEX vs. SHSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Energy Fund (FSTEX) and BlackRock Health Sciences Opportunities Portfolio (SHSAX). 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.
| FSTEX | SHSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.20 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.62 | +0.17 |
| Martin ratioReturn relative to average drawdown | 6.75 | 3.91 | +2.84 |
Loading charts...
Drawdowns
FSTEX vs. SHSAX - Drawdown Comparison
The maximum FSTEX drawdown since its inception was -83.31%, which is greater than SHSAX's maximum drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for FSTEX and SHSAX.
Loading charts...
Drawdown Indicators
| FSTEX | SHSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.31% | -35.49% | -47.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.09% | -9.87% | -4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -18.58% | -16.08% | -2.50% |
Max Drawdown (5Y)Largest decline over 5 years | -26.88% | -17.99% | -8.89% |
Max Drawdown (10Y)Largest decline over 10 years | -73.41% | -28.36% | -45.05% |
Current DrawdownCurrent decline from peak | -14.09% | -5.73% | -8.36% |
Average DrawdownAverage peak-to-trough decline | -25.18% | -6.17% | -19.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 4.08% | -0.35% |
Volatility
FSTEX vs. SHSAX - Volatility Comparison
Invesco Energy Fund (FSTEX) has a higher volatility of 6.88% compared to BlackRock Health Sciences Opportunities Portfolio (SHSAX) at 4.95%. This indicates that FSTEX's price experiences larger fluctuations and is considered to be riskier than SHSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSTEX | SHSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 4.95% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 16.30% | 10.65% | +5.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.59% | 14.14% | +5.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.20% | 14.44% | +10.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.70% | 16.56% | +13.14% |
FSTEX vs. SHSAX - Expense Ratio Comparison
FSTEX has a 1.36% expense ratio, which is higher than SHSAX's 1.09% expense ratio.
Dividends
FSTEX vs. SHSAX - Dividend Comparison
FSTEX's dividend yield for the trailing twelve months is around 1.85%, less than SHSAX's 10.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSTEX Invesco Energy Fund | 1.85% | 2.22% | 4.03% | 2.11% | 0.89% | 1.80% | 2.21% | 1.53% | 3.05% | 2.22% | 1.10% | 1.58% |
SHSAX BlackRock Health Sciences Opportunities Portfolio | 10.96% | 10.63% | 9.18% | 3.84% | 7.44% | 9.20% | 4.34% | 3.89% | 8.56% | 3.53% | 2.43% | 12.58% |
Frequently Asked Questions
FSTEX and SHSAX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSTEX has higher volatility (6.88%) compared to SHSAX (4.95%). In terms of maximum drawdown, FSTEX dropped -83.31% vs SHSAX's -35.49%.
FSTEX currently has the higher Sharpe Ratio (1.29 vs 1.13), 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 FSTEX and SHSAX
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