HNST vs. FSELX

Last updated Jul 14, 2026

HNST (The Honest Company, Inc.) is a stock, while FSELX (Fidelity Select Semiconductors Portfolio) is Semiconductors fund managed by Fidelity. Over the past 5 years, HNST returned -22.53%/yr vs 42.55%/yr for FSELX. At a 0.32 correlation, their price movements are largely independent.

Performance

HNST vs. FSELX - Performance Comparison

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

Returns By Period

In the year-to-date period, HNST achieves a 51.16% return, which is significantly lower than FSELX's 69.83% return.

HNST

• 1D: -2.74%
• 1M: 7.73%
• 6M: 51.16%
• YTD: 51.16%
• 1Y: -15.95%
• 3Y*: 31.63%
• 5Y*: -22.53%
• 10Y*: —

FSELX

• 1D: 0.19%
• 1M: -3.27%
• 6M: 58.34%
• YTD: 69.83%
• 1Y: 111.52%
• 3Y*: 60.59%
• 5Y*: 42.55%
• 10Y*: 37.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HNST vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HNST The Honest Company, Inc.	51.16%	-62.77%	110.00%	9.63%	-62.79%	-49.44%
FSELX Fidelity Select Semiconductors Portfolio	69.83%	52.17%	49.68%	78.49%	-35.27%	46.12%

Correlation

The correlation between HNST and FSELX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since May 4, 2021	0.32

Over the past year, the correlation between HNST and FSELX has dropped to 0.11 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.

Return for Risk

HNST vs. FSELX — Risk / Return Rank

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

HNST

HNST Risk / Return Rank: 36
HNST Sharpe Ratio Rank: 34
HNST Sortino Ratio Rank: 36
HNST Omega Ratio Rank: 36
HNST Calmar Ratio Rank: 36
HNST Martin Ratio Rank: 37

FSELX

FSELX Risk / Return Rank: 92
FSELX Sharpe Ratio Rank: 96
FSELX Sortino Ratio Rank: 83
FSELX Omega Ratio Rank: 83
FSELX Calmar Ratio Rank: 98
FSELX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HNST vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Honest Company, Inc. (HNST) 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.

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.

	HNST	FSELX	Difference
Sharpe ratio: Return per unit of total volatility	-0.25	2.91	-3.16
Sortino ratio: Return per unit of downside risk	0.09	3.17	-3.07
Omega ratio: Gain probability vs. loss probability	1.01	1.43	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.28	7.21	-7.49
Martin ratio: Return relative to average drawdown	-0.44	24.10	-24.55

HNST vs. FSELX - Sharpe Ratio Comparison

The current HNST Sharpe Ratio is -0.25, which is lower than the FSELX Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of HNST and FSELX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HNST vs. FSELX - Drawdown Comparison

The maximum HNST drawdown since its inception was -95.22%, which is greater than FSELX's maximum drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for HNST and FSELX.

Drawdown Indicators

	HNST	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-95.22%	-82.54%	-12.68%
Max Drawdown (1Y) Largest decline over 1 year	-57.58%	-15.52%	-42.06%
Max Drawdown (3Y) Largest decline over 3 years	-75.50%	-36.31%	-39.19%
Max Drawdown (5Y) Largest decline over 5 years	-92.66%	-46.37%	-46.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-83.04%	-10.20%	-72.84%
Average Drawdown Average peak-to-trough decline	-79.82%	-28.64%	-51.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.02%	4.63%	+31.39%

Volatility

HNST vs. FSELX - Volatility Comparison

The current volatility for The Honest Company, Inc. (HNST) is 13.46%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 18.91%. This indicates that HNST 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.

Volatility by Period

	HNST	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.46%	18.91%	-5.45%
Volatility (6M) Calculated over the trailing 6-month period	40.52%	31.93%	+8.59%
Volatility (1Y) Calculated over the trailing 1-year period	64.89%	38.40%	+26.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.97%	40.02%	+31.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.98%	35.57%	+39.41%

Dividends

HNST vs. FSELX - Dividend Comparison

HNST has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 9.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSELX Fidelity Select Semiconductors Portfolio	9.64%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%
HNST The Honest Company, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HNST and FSELX in my portfolio?

HNST and FSELX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HNST or FSELX?

FSELX has higher volatility (18.91%) compared to HNST (13.46%). In terms of maximum drawdown, HNST dropped -95.22% vs FSELX's -82.54%.

Which has better risk-adjusted returns?

FSELX currently has the higher Sharpe Ratio (2.91 vs -0.25), 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.