HSSAX vs. FSPCX
Compare and contrast key facts about Emerald Finance and Banking Innovation Fund (HSSAX) and Fidelity Select Insurance Portfolio (FSPCX).
HSSAX is managed by Emerald. It was launched on Feb 18, 1997. FSPCX is managed by Fidelity. It was launched on Dec 16, 1985.
Performance
HSSAX vs. FSPCX - Performance Comparison
Loading graphics...
HSSAX vs. FSPCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSSAX Emerald Finance and Banking Innovation Fund | -12.92% | 12.11% | 16.47% | 15.58% | -55.87% | 38.83% | 11.94% | 20.55% | -19.86% | 12.63% |
FSPCX Fidelity Select Insurance Portfolio | -4.84% | 3.45% | 28.44% | 12.98% | 7.75% | 29.26% | 0.00% | 30.06% | -11.99% | 15.50% |
Returns By Period
In the year-to-date period, HSSAX achieves a -12.92% return, which is significantly lower than FSPCX's -4.84% return. Over the past 10 years, HSSAX has underperformed FSPCX with an annualized return of 3.11%, while FSPCX has yielded a comparatively higher 11.90% annualized return.
HSSAX
- 1D
- 0.40%
- 1M
- -4.07%
- YTD
- -12.92%
- 6M
- -13.79%
- 1Y
- 0.58%
- 3Y*
- 14.01%
- 5Y*
- -9.52%
- 10Y*
- 3.11%
FSPCX
- 1D
- 0.46%
- 1M
- -4.96%
- YTD
- -4.84%
- 6M
- -6.34%
- 1Y
- -9.22%
- 3Y*
- 13.99%
- 5Y*
- 12.37%
- 10Y*
- 11.90%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HSSAX vs. FSPCX - Expense Ratio Comparison
HSSAX has a 1.71% expense ratio, which is higher than FSPCX's 0.78% expense ratio.
Return for Risk
HSSAX vs. FSPCX — Risk / Return Rank
HSSAX
FSPCX
HSSAX vs. FSPCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Emerald Finance and Banking Innovation Fund (HSSAX) and Fidelity Select Insurance Portfolio (FSPCX). 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.
| HSSAX | FSPCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.03 | -0.48 | +0.51 |
Sortino ratioReturn per unit of downside risk | 0.23 | -0.54 | +0.77 |
Omega ratioGain probability vs. loss probability | 1.03 | 0.93 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | -0.05 | -0.69 | +0.64 |
Martin ratioReturn relative to average drawdown | -0.12 | -1.26 | +1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HSSAX | FSPCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.03 | -0.48 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | 0.71 | -1.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.59 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.55 | -0.24 |
Correlation
The correlation between HSSAX and FSPCX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HSSAX vs. FSPCX - Dividend Comparison
HSSAX has not paid dividends to shareholders, while FSPCX's dividend yield for the trailing twelve months is around 3.52%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSSAX Emerald Finance and Banking Innovation Fund | 0.00% | 0.00% | 1.98% | 0.00% | 0.00% | 11.48% | 0.00% | 0.00% | 26.56% | 2.83% | 0.00% | 0.00% |
FSPCX Fidelity Select Insurance Portfolio | 3.52% | 3.35% | 8.72% | 8.48% | 0.74% | 8.40% | 8.80% | 6.90% | 32.69% | 12.52% | 2.81% | 3.11% |
Drawdowns
HSSAX vs. FSPCX - Drawdown Comparison
The maximum HSSAX drawdown since its inception was -73.01%, which is greater than FSPCX's maximum drawdown of -69.48%. Use the drawdown chart below to compare losses from any high point for HSSAX and FSPCX.
Loading graphics...
Drawdown Indicators
| HSSAX | FSPCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.01% | -69.48% | -3.53% |
Max Drawdown (1Y)Largest decline over 1 year | -19.61% | -11.69% | -7.92% |
Max Drawdown (5Y)Largest decline over 5 years | -73.01% | -16.65% | -56.36% |
Max Drawdown (10Y)Largest decline over 10 years | -73.01% | -43.68% | -29.33% |
Current DrawdownCurrent decline from peak | -54.79% | -9.36% | -45.43% |
Average DrawdownAverage peak-to-trough decline | -18.77% | -9.71% | -9.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.90% | 6.39% | +1.51% |
Volatility
HSSAX vs. FSPCX - Volatility Comparison
Emerald Finance and Banking Innovation Fund (HSSAX) has a higher volatility of 5.95% compared to Fidelity Select Insurance Portfolio (FSPCX) at 4.25%. This indicates that HSSAX's price experiences larger fluctuations and is considered to be riskier than FSPCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HSSAX | FSPCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.95% | 4.25% | +1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 19.12% | 11.13% | +7.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.90% | 18.92% | +7.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.49% | 17.47% | +12.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.14% | 20.07% | +8.07% |