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

Performance

FWRLX vs. FSELX - Performance Comparison

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

-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
12.03%
2.32%
FWRLX
FSELX

Returns By Period

In the year-to-date period, FWRLX achieves a 15.07% return, which is significantly lower than FSELX's 42.14% return. Over the past 10 years, FWRLX has underperformed FSELX with an annualized return of 6.02%, while FSELX has yielded a comparatively higher 18.18% annualized return.


FWRLX

YTD

15.07%

1M

1.21%

6M

12.03%

1Y

21.28%

5Y (annualized)

5.19%

10Y (annualized)

6.02%

FSELX

YTD

42.14%

1M

-0.95%

6M

2.32%

1Y

45.40%

5Y (annualized)

24.09%

10Y (annualized)

18.18%

Key characteristics


FWRLXFSELX
Sharpe Ratio1.561.26
Sortino Ratio2.061.78
Omega Ratio1.281.23
Calmar Ratio0.861.86
Martin Ratio6.675.25
Ulcer Index3.19%8.66%
Daily Std Dev13.63%36.04%
Max Drawdown-79.37%-81.70%
Current Drawdown-7.70%-8.93%

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FWRLX vs. FSELX - Expense Ratio Comparison

FWRLX has a 0.77% expense ratio, which is higher than FSELX's 0.68% expense ratio.


FWRLX
Fidelity Select Wireless Portfolio
Expense ratio chart for FWRLX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.00.8

The correlation between FWRLX and FSELX is 0.78, 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.

Risk-Adjusted Performance

FWRLX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Wireless Portfolio (FWRLX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.


Sharpe ratio
The chart of Sharpe ratio for FWRLX, currently valued at 1.56, compared to the broader market-1.000.001.002.003.004.005.001.561.26
The chart of Sortino ratio for FWRLX, currently valued at 2.06, compared to the broader market0.005.0010.002.061.78
The chart of Omega ratio for FWRLX, currently valued at 1.28, compared to the broader market1.002.003.004.001.281.23
The chart of Calmar ratio for FWRLX, currently valued at 0.86, compared to the broader market0.005.0010.0015.0020.0025.000.861.86
The chart of Martin ratio for FWRLX, currently valued at 6.67, compared to the broader market0.0020.0040.0060.0080.00100.006.675.25
FWRLX
FSELX

The current FWRLX Sharpe Ratio is 1.56, which is comparable to the FSELX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FWRLX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.56
1.26
FWRLX
FSELX

Dividends

FWRLX vs. FSELX - Dividend Comparison

FWRLX's dividend yield for the trailing twelve months is around 0.96%, more than FSELX's 0.07% yield.


TTM20232022202120202019201820172016201520142013
FWRLX
Fidelity Select Wireless Portfolio
0.96%0.96%0.97%0.65%0.70%1.05%2.34%1.34%1.05%9.95%25.29%0.94%
FSELX
Fidelity Select Semiconductors Portfolio
0.07%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

FWRLX vs. FSELX - Drawdown Comparison

The maximum FWRLX drawdown since its inception was -79.37%, roughly equal to the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FWRLX and FSELX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.70%
-8.93%
FWRLX
FSELX

Volatility

FWRLX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Select Wireless Portfolio (FWRLX) is 3.35%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.61%. This indicates that FWRLX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
3.35%
9.61%
FWRLX
FSELX