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FWRLX vs. FBMPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FWRLX and FBMPX is 0.82, 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

FWRLX vs. FBMPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Wireless Portfolio (FWRLX) and Fidelity Select Communication Services Portfolio (FBMPX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FWRLX:

-0.13

FBMPX:

0.58

Sortino Ratio

FWRLX:

0.04

FBMPX:

0.92

Omega Ratio

FWRLX:

1.01

FBMPX:

1.13

Calmar Ratio

FWRLX:

-0.05

FBMPX:

0.56

Martin Ratio

FWRLX:

-0.16

FBMPX:

1.77

Ulcer Index

FWRLX:

7.44%

FBMPX:

7.34%

Daily Std Dev

FWRLX:

18.63%

FBMPX:

22.83%

Max Drawdown

FWRLX:

-79.37%

FBMPX:

-61.51%

Current Drawdown

FWRLX:

-21.49%

FBMPX:

-11.96%

Returns By Period

In the year-to-date period, FWRLX achieves a -9.43% return, which is significantly lower than FBMPX's -2.38% return. Over the past 10 years, FWRLX has underperformed FBMPX with an annualized return of 3.60%, while FBMPX has yielded a comparatively higher 11.57% annualized return.


FWRLX

YTD

-9.43%

1M

2.26%

6M

-14.50%

1Y

-2.35%

5Y*

2.89%

10Y*

3.60%

FBMPX

YTD

-2.38%

1M

8.01%

6M

-1.27%

1Y

13.52%

5Y*

15.15%

10Y*

11.57%

*Annualized

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FWRLX vs. FBMPX - Expense Ratio Comparison

FWRLX has a 0.77% expense ratio, which is higher than FBMPX's 0.74% expense ratio.


Risk-Adjusted Performance

FWRLX vs. FBMPX — Risk-Adjusted Performance Rank

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

FWRLX
The Risk-Adjusted Performance Rank of FWRLX is 1919
Overall Rank
The Sharpe Ratio Rank of FWRLX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FWRLX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of FWRLX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FWRLX is 1919
Calmar Ratio Rank
The Martin Ratio Rank of FWRLX is 2020
Martin Ratio Rank

FBMPX
The Risk-Adjusted Performance Rank of FBMPX is 6363
Overall Rank
The Sharpe Ratio Rank of FBMPX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of FBMPX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of FBMPX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of FBMPX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of FBMPX is 5555
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.

FWRLX vs. FBMPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Wireless Portfolio (FWRLX) and Fidelity Select Communication Services Portfolio (FBMPX). 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 FWRLX Sharpe Ratio is -0.13, which is lower than the FBMPX Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of FWRLX and FBMPX, 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

FWRLX vs. FBMPX - Dividend Comparison

FWRLX's dividend yield for the trailing twelve months is around 1.18%, less than FBMPX's 3.97% yield.


TTM20242023202220212020201920182017201620152014
FWRLX
Fidelity Select Wireless Portfolio
1.18%1.02%0.96%0.97%0.65%0.70%1.05%2.34%1.34%1.05%9.95%25.29%
FBMPX
Fidelity Select Communication Services Portfolio
3.97%4.69%0.00%0.00%5.88%3.74%35.43%15.35%5.53%7.50%7.29%8.83%

Drawdowns

FWRLX vs. FBMPX - Drawdown Comparison

The maximum FWRLX drawdown since its inception was -79.37%, which is greater than FBMPX's maximum drawdown of -61.51%. Use the drawdown chart below to compare losses from any high point for FWRLX and FBMPX. For additional features, visit the drawdowns tool.


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Volatility

FWRLX vs. FBMPX - Volatility Comparison

The current volatility for Fidelity Select Wireless Portfolio (FWRLX) is 7.17%, while Fidelity Select Communication Services Portfolio (FBMPX) has a volatility of 7.68%. This indicates that FWRLX experiences smaller price fluctuations and is considered to be less risky than FBMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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