Correlation
The correlation between ICTEX and FSELX is 0.75, 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.
ICTEX vs. FSELX
Compare and contrast key facts about ICON Health and Information Technology Fund (ICTEX) and Fidelity Select Semiconductors Portfolio (FSELX).
ICTEX is managed by ICON Funds. It was launched on Feb 18, 1997. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICTEX or FSELX.
Performance
ICTEX vs. FSELX - Performance Comparison
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Key characteristics
ICTEX:
0.27
FSELX:
0.00
ICTEX:
0.43
FSELX:
0.37
ICTEX:
1.06
FSELX:
1.05
ICTEX:
0.17
FSELX:
0.04
ICTEX:
0.53
FSELX:
0.09
ICTEX:
7.98%
FSELX:
14.03%
ICTEX:
22.04%
FSELX:
46.96%
ICTEX:
-60.00%
FSELX:
-81.70%
ICTEX:
-8.81%
FSELX:
-9.98%
Returns By Period
The year-to-date returns for both investments are quite close, with ICTEX having a -2.02% return and FSELX slightly higher at -1.99%. Over the past 10 years, ICTEX has underperformed FSELX with an annualized return of 15.00%, while FSELX has yielded a comparatively higher 23.97% annualized return.
ICTEX
-2.02%
7.78%
-3.97%
5.97%
6.35%
10.08%
15.00%
FSELX
-1.99%
20.29%
1.22%
0.09%
28.18%
30.67%
23.97%
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ICTEX vs. FSELX - Expense Ratio Comparison
ICTEX has a 1.26% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
ICTEX vs. FSELX — Risk-Adjusted Performance Rank
ICTEX
FSELX
ICTEX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ICON Health and Information Technology Fund (ICTEX) 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.
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Dividends
ICTEX vs. FSELX - Dividend Comparison
ICTEX's dividend yield for the trailing twelve months is around 5.79%, less than FSELX's 8.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICTEX ICON Health and Information Technology Fund | 5.79% | 5.68% | 12.46% | 18.84% | 16.62% | 3.45% | 4.31% | 16.94% | 24.94% | 21.88% | 24.49% | 37.76% |
FSELX Fidelity Select Semiconductors Portfolio | 8.81% | 3.99% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 15.22% | 3.01% |
Drawdowns
ICTEX vs. FSELX - Drawdown Comparison
The maximum ICTEX drawdown since its inception was -60.00%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for ICTEX and FSELX.
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Volatility
ICTEX vs. FSELX - Volatility Comparison
The current volatility for ICON Health and Information Technology Fund (ICTEX) is 5.87%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.68%. This indicates that ICTEX 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.
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