IHT vs. FSMEX

Last updated Jun 4, 2026

IHT (InnSuites Hospitality Trust) is a stock, while FSMEX (Fidelity Select Medical Technology and Devices Portfolio) is Health & Biotech Equities fund managed by Fidelity. Over the past 10 years, IHT returned -3.60%/yr vs 9.47%/yr for FSMEX. At a 0.01 correlation, their price movements are largely independent.

Performance

IHT vs. FSMEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in InnSuites Hospitality Trust (IHT) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IHT achieves a 13.71% return, which is significantly higher than FSMEX's -17.61% return. Over the past 10 years, IHT has underperformed FSMEX with an annualized return of -3.60%, while FSMEX has yielded a comparatively higher 9.47% annualized return.

IHT

• 1D: -1.95%
• 1M: 29.61%
• YTD: 13.71%
• 6M: 18.99%
• 1Y: -33.60%
• 3Y*: -12.79%
• 5Y*: -27.57%
• 10Y*: -3.60%

FSMEX

• 1D: -1.64%
• 1M: 2.05%
• YTD: -17.61%
• 6M: -18.69%
• 1Y: -11.90%
• 3Y*: 0.79%
• 5Y*: -0.96%
• 10Y*: 9.47%

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

IHT vs. FSMEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHT InnSuites Hospitality Trust	13.71%	-37.47%	29.60%	2.33%	-22.86%	-0.34%	46.16%	-1.33%	-9.04%	-20.96%
FSMEX Fidelity Select Medical Technology and Devices Portfolio	-17.61%	8.13%	18.37%	0.62%	-24.84%	24.56%	30.18%	29.58%	15.98%	26.66%

Correlation

The correlation between IHT and FSMEX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Apr 29, 1998	0.01

Return for Risk

IHT vs. FSMEX — Risk / Return Rank

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

IHT

IHT Risk / Return Rank: 27
IHT Sharpe Ratio Rank: 25
IHT Sortino Ratio Rank: 28
IHT Omega Ratio Rank: 27
IHT Calmar Ratio Rank: 24
IHT Martin Ratio Rank: 29

FSMEX

FSMEX Risk / Return Rank: 1
FSMEX Sharpe Ratio Rank: 1
FSMEX Sortino Ratio Rank: 1
FSMEX Omega Ratio Rank: 1
FSMEX Calmar Ratio Rank: 1
FSMEX Martin Ratio Rank: 1

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.

IHT vs. FSMEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for InnSuites Hospitality Trust (IHT) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX). 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.

	IHT	FSMEX	Difference
Sharpe ratio: Return per unit of total volatility	-0.37	-0.65	+0.27
Sortino ratio: Return per unit of downside risk	-0.11	-0.82	+0.71
Omega ratio: Gain probability vs. loss probability	0.98	0.91	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.48	-0.45	-0.04
Martin ratio: Return relative to average drawdown	-0.65	-1.08	+0.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHT vs. FSMEX - Sharpe Ratio Comparison

The current IHT Sharpe Ratio is -0.37, which is higher than the FSMEX Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of IHT and FSMEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IHT	FSMEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.37	-0.65	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	-0.05	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.04	0.46	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.64	-0.72

Drawdowns

IHT vs. FSMEX - Drawdown Comparison

The maximum IHT drawdown since its inception was -96.89%, which is greater than FSMEX's maximum drawdown of -40.34%. Use the drawdown chart below to compare losses from any high point for IHT and FSMEX.

Drawdown Indicators

	IHT	FSMEX	Difference
Max Drawdown Largest peak-to-trough decline	-96.89%	-40.34%	-56.55%
Max Drawdown (1Y) Largest decline over 1 year	-69.61%	-26.28%	-43.33%
Max Drawdown (3Y) Largest decline over 3 years	-69.61%	-26.28%	-43.33%
Max Drawdown (5Y) Largest decline over 5 years	-91.17%	-40.34%	-50.83%
Max Drawdown (10Y) Largest decline over 10 years	-91.17%	-40.34%	-50.83%
Current Drawdown Current decline from peak	-90.04%	-22.84%	-67.20%
Average Drawdown Average peak-to-trough decline	-75.75%	-7.75%	-68.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.48%	10.81%	+40.67%

Volatility

IHT vs. FSMEX - Volatility Comparison

InnSuites Hospitality Trust (IHT) has a higher volatility of 15.35% compared to Fidelity Select Medical Technology and Devices Portfolio (FSMEX) at 7.26%. This indicates that IHT's price experiences larger fluctuations and is considered to be riskier than FSMEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHT	FSMEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.35%	7.26%	+8.09%
Volatility (6M) Calculated over the trailing 6-month period	35.26%	14.54%	+20.72%
Volatility (1Y) Calculated over the trailing 1-year period	90.20%	18.08%	+72.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.00%	21.01%	+67.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.70%	20.76%	+73.94%

Dividends

IHT vs. FSMEX - Dividend Comparison

IHT's dividend yield for the trailing twelve months is around 1.32%, less than FSMEX's 22.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSMEX Fidelity Select Medical Technology and Devices Portfolio	22.03%	10.53%	17.04%	0.00%	1.80%	8.12%	6.65%	1.77%	7.47%	6.26%	5.84%	16.35%
IHT InnSuites Hospitality Trust	1.32%	1.49%	0.93%	1.18%	1.20%	0.92%	0.91%	1.31%	1.27%	1.71%	0.44%	0.48%

Frequently Asked Questions

Can I hold both IHT and FSMEX in my portfolio?

IHT and FSMEX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHT or FSMEX?

IHT has higher volatility (15.35%) compared to FSMEX (7.26%). In terms of maximum drawdown, IHT dropped -96.89% vs FSMEX's -40.34%.

Which has better risk-adjusted returns?

IHT currently has the higher Sharpe Ratio (-0.37 vs -0.65), 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.