FWRLX vs. FSMDX
Compare and contrast key facts about Fidelity Select Wireless Portfolio (FWRLX) and Fidelity Mid Cap Index Fund (FSMDX).
FWRLX is managed by Fidelity. It was launched on Sep 20, 2000. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWRLX or FSMDX.
Correlation
The correlation between FWRLX and FSMDX is 0.81, 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. FSMDX - Performance Comparison
Key characteristics
FWRLX:
0.79
FSMDX:
1.28
FWRLX:
1.08
FSMDX:
1.82
FWRLX:
1.15
FSMDX:
1.23
FWRLX:
0.48
FSMDX:
1.87
FWRLX:
2.55
FSMDX:
5.08
FWRLX:
4.62%
FSMDX:
3.28%
FWRLX:
14.81%
FSMDX:
13.02%
FWRLX:
-79.37%
FSMDX:
-40.35%
FWRLX:
-8.95%
FSMDX:
-3.71%
Returns By Period
The year-to-date returns for both stocks are quite close, with FWRLX having a 5.04% return and FSMDX slightly lower at 4.83%. Over the past 10 years, FWRLX has underperformed FSMDX with an annualized return of 5.32%, while FSMDX has yielded a comparatively higher 8.47% annualized return.
FWRLX
5.04%
4.54%
3.67%
13.91%
3.02%
5.32%
FSMDX
4.83%
1.14%
8.22%
17.92%
9.31%
8.47%
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FWRLX vs. FSMDX - Expense Ratio Comparison
FWRLX has a 0.77% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Risk-Adjusted Performance
FWRLX vs. FSMDX — Risk-Adjusted Performance Rank
FWRLX
FSMDX
FWRLX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Wireless Portfolio (FWRLX) and Fidelity Mid Cap Index Fund (FSMDX). 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. FSMDX - Dividend Comparison
FWRLX's dividend yield for the trailing twelve months is around 0.97%, less than FSMDX's 1.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWRLX Fidelity Select Wireless Portfolio | 0.97% | 1.02% | 0.96% | 0.97% | 0.65% | 0.70% | 1.05% | 2.34% | 1.34% | 1.05% | 9.95% | 25.29% |
FSMDX Fidelity Mid Cap Index Fund | 1.12% | 1.17% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% |
Drawdowns
FWRLX vs. FSMDX - Drawdown Comparison
The maximum FWRLX drawdown since its inception was -79.37%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FWRLX and FSMDX. For additional features, visit the drawdowns tool.
Volatility
FWRLX vs. FSMDX - Volatility Comparison
Fidelity Select Wireless Portfolio (FWRLX) and Fidelity Mid Cap Index Fund (FSMDX) have volatilities of 3.08% and 2.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.