IYM vs. FSCHX

Last updated Jun 5, 2026

IYM (iShares U.S. Basic Materials ETF) and FSCHX (Fidelity Select Chemicals Portfolio) are both funds - IYM is a Materials fund tracking the Dow Jones U.S. Basic Materials Index, while FSCHX is a Energy Equities fund managed by Fidelity. Over the past 10 years, IYM returned 10.92%/yr vs 6.08%/yr for FSCHX. Their correlation of 0.90 suggests significant overlap in exposure. IYM charges 0.42%/yr vs 0.74%/yr for FSCHX.

Performance

IYM vs. FSCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Basic Materials ETF (IYM) and Fidelity Select Chemicals Portfolio (FSCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IYM achieves a 22.18% return, which is significantly higher than FSCHX's 17.02% return. Over the past 10 years, IYM has outperformed FSCHX with an annualized return of 10.92%, while FSCHX has yielded a comparatively lower 6.08% annualized return.

IYM

• 1D: 0.10%
• 1M: 3.09%
• YTD: 22.18%
• 6M: 27.03%
• 1Y: 37.82%
• 3Y*: 16.01%
• 5Y*: 7.84%
• 10Y*: 10.92%

FSCHX

• 1D: 0.58%
• 1M: -2.82%
• YTD: 17.02%
• 6M: 18.66%
• 1Y: 10.19%
• 3Y*: 3.11%
• 5Y*: 0.67%
• 10Y*: 6.08%

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

IYM vs. FSCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IYM iShares U.S. Basic Materials ETF	22.18%	20.41%	-4.54%	12.83%	-9.15%	25.62%	17.87%	19.22%	-16.63%	24.83%
FSCHX Fidelity Select Chemicals Portfolio	17.02%	-8.85%	-6.17%	12.80%	-13.81%	31.95%	17.52%	8.30%	-22.30%	31.63%

Correlation

The correlation between IYM and FSCHX is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 21, 2000	0.90

The correlation between IYM and FSCHX shifts across timeframes, from 0.80 (1 year) to 0.93 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

IYM vs. FSCHX — Risk / Return Rank

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

IYM

IYM Risk / Return Rank: 59
IYM Sharpe Ratio Rank: 62
IYM Sortino Ratio Rank: 58
IYM Omega Ratio Rank: 56
IYM Calmar Ratio Rank: 58
IYM Martin Ratio Rank: 60

FSCHX

FSCHX Risk / Return Rank: 8
FSCHX Sharpe Ratio Rank: 9
FSCHX Sortino Ratio Rank: 9
FSCHX Omega Ratio Rank: 8
FSCHX Calmar Ratio Rank: 9
FSCHX Martin Ratio Rank: 7

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.

IYM vs. FSCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Basic Materials ETF (IYM) and Fidelity Select Chemicals Portfolio (FSCHX). 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.

	IYM	FSCHX	Difference
Sharpe ratio: Return per unit of total volatility	2.04	0.67	+1.37
Sortino ratio: Return per unit of downside risk	2.71	1.06	+1.66
Omega ratio: Gain probability vs. loss probability	1.34	1.12	+0.22
Calmar ratio: Return relative to maximum drawdown	2.79	0.78	+2.01
Martin ratio: Return relative to average drawdown	10.62	1.90	+8.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IYM vs. FSCHX - Sharpe Ratio Comparison

The current IYM Sharpe Ratio is 2.04, which is higher than the FSCHX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of IYM and FSCHX, 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

	IYM	FSCHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	0.67	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.03	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.27	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.56	-0.23

Drawdowns

IYM vs. FSCHX - Drawdown Comparison

The maximum IYM drawdown since its inception was -67.78%, which is greater than FSCHX's maximum drawdown of -59.24%. Use the drawdown chart below to compare losses from any high point for IYM and FSCHX.

Drawdown Indicators

	IYM	FSCHX	Difference
Max Drawdown Largest peak-to-trough decline	-67.78%	-59.24%	-8.54%
Max Drawdown (1Y) Largest decline over 1 year	-13.61%	-13.98%	+0.37%
Max Drawdown (3Y) Largest decline over 3 years	-23.62%	-27.38%	+3.76%
Max Drawdown (5Y) Largest decline over 5 years	-29.94%	-27.38%	-2.56%
Max Drawdown (10Y) Largest decline over 10 years	-42.76%	-51.75%	+8.99%
Current Drawdown Current decline from peak	-0.78%	-7.95%	+7.17%
Average Drawdown Average peak-to-trough decline	-11.45%	-8.88%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	5.73%	-2.16%

Volatility

IYM vs. FSCHX - Volatility Comparison

iShares U.S. Basic Materials ETF (IYM) has a higher volatility of 6.34% compared to Fidelity Select Chemicals Portfolio (FSCHX) at 4.82%. This indicates that IYM's price experiences larger fluctuations and is considered to be riskier than FSCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IYM	FSCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.34%	4.82%	+1.52%
Volatility (6M) Calculated over the trailing 6-month period	14.85%	11.83%	+3.02%
Volatility (1Y) Calculated over the trailing 1-year period	18.64%	16.36%	+2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.37%	19.95%	+0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.70%	22.46%	-0.76%

IYM vs. FSCHX - Expense Ratio Comparison

IYM has a 0.42% expense ratio, which is lower than FSCHX's 0.74% expense ratio.

Dividends

IYM vs. FSCHX - Dividend Comparison

IYM's dividend yield for the trailing twelve months is around 1.24%, less than FSCHX's 2.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCHX Fidelity Select Chemicals Portfolio	2.92%	2.23%	8.27%	6.33%	11.44%	1.18%	1.10%	6.97%	15.01%	8.05%	4.75%	6.58%
IYM iShares U.S. Basic Materials ETF	1.24%	1.51%	1.65%	1.77%	2.14%	1.48%	1.39%	2.08%	1.68%	1.43%	1.47%	2.04%

Frequently Asked Questions

Can I hold both IYM and FSCHX in my portfolio?

IYM and FSCHX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IYM or FSCHX?

IYM has higher volatility (6.34%) compared to FSCHX (4.82%). In terms of maximum drawdown, IYM dropped -67.78% vs FSCHX's -59.24%.

Which has better risk-adjusted returns?

IYM currently has the higher Sharpe Ratio (2.04 vs 0.67), 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.