FWRLX vs. FBMPX
Compare and contrast key facts about Fidelity Select Wireless Portfolio (FWRLX) and Fidelity Select Communication Services Portfolio (FBMPX).
FWRLX is managed by Fidelity. It was launched on Sep 20, 2000. FBMPX is managed by Fidelity. It was launched on Jun 29, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWRLX or FBMPX.
Key characteristics
| FWRLX | FBMPX | |
|---|---|---|
| YTD Return | 14.39% | 18.75% |
| 1Y Return | 29.62% | 30.29% |
| 3Y Return (Ann) | 2.37% | 2.25% |
| 5Y Return (Ann) | 11.73% | 13.77% |
| 10Y Return (Ann) | 11.02% | 11.25% |
| Sharpe Ratio | 2.08 | 1.64 |
| Daily Std Dev | 14.18% | 18.51% |
| Max Drawdown | -79.37% | -61.51% |
| Current Drawdown | -1.68% | -4.01% |
Correlation
The correlation between FWRLX and FBMPX is 0.77, 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
In the year-to-date period, FWRLX achieves a 14.39% return, which is significantly lower than FBMPX's 18.75% return. Both investments have delivered pretty close results over the past 10 years, with FWRLX having a 11.02% annualized return and FBMPX not far ahead at 11.25%. 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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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 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.
Dividends
FWRLX vs. FBMPX - Dividend Comparison
FWRLX's dividend yield for the trailing twelve months is around 5.18%, more than FBMPX's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWRLX Fidelity Select Wireless Portfolio | 5.18% | 2.38% | 9.26% | 7.53% | 6.95% | 2.74% | 16.03% | 3.67% | 6.57% | 9.95% | 25.29% | 0.94% |
FBMPX Fidelity Select Communication Services Portfolio | 2.55% | 0.00% | 0.00% | 5.88% | 3.74% | 35.43% | 15.35% | 5.53% | 7.50% | 7.31% | 8.84% | 3.30% |
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.
Volatility
FWRLX vs. FBMPX - Volatility Comparison
The current volatility for Fidelity Select Wireless Portfolio (FWRLX) is 3.79%, while Fidelity Select Communication Services Portfolio (FBMPX) has a volatility of 4.86%. 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.