KTCAX vs. FDCPX

Last updated Jun 24, 2026

KTCAX (DWS Science and Technology Fund) and FDCPX (Fidelity Select Tech Hardware Portfolio) are both Technology Equities funds. Over the past 10 years, KTCAX returned 23.59%/yr vs 29.39%/yr for FDCPX. Their correlation of 0.89 suggests significant overlap in exposure. KTCAX charges 0.89%/yr vs 0.67%/yr for FDCPX.

Performance

KTCAX vs. FDCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Science and Technology Fund (KTCAX) and Fidelity Select Tech Hardware Portfolio (FDCPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KTCAX achieves a 25.26% return, which is significantly lower than FDCPX's 93.47% return. Over the past 10 years, KTCAX has underperformed FDCPX with an annualized return of 23.59%, while FDCPX has yielded a comparatively higher 29.39% annualized return.

KTCAX

• 1D: -0.34%
• 1M: 5.69%
• YTD: 25.26%
• 6M: 23.68%
• 1Y: 48.54%
• 3Y*: 35.01%
• 5Y*: 18.08%
• 10Y*: 23.59%

FDCPX

• 1D: 1.78%
• 1M: 18.08%
• YTD: 93.47%
• 6M: 94.59%
• 1Y: 152.70%
• 3Y*: 60.14%
• 5Y*: 31.55%
• 10Y*: 29.39%

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

KTCAX vs. FDCPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KTCAX DWS Science and Technology Fund	25.26%	21.21%	40.51%	57.73%	-36.66%	22.68%	46.12%	42.35%	-1.03%	35.79%
FDCPX Fidelity Select Tech Hardware Portfolio	93.47%	54.44%	22.40%	33.52%	-28.63%	23.68%	46.07%	40.15%	-6.30%	32.64%

Correlation

The correlation between KTCAX and FDCPX is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jul 29, 1985	0.89

The correlation between KTCAX and FDCPX shifts across timeframes, from 0.79 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KTCAX vs. FDCPX — Risk / Return Rank

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

KTCAX

KTCAX Risk / Return Rank: 60
KTCAX Sharpe Ratio Rank: 69
KTCAX Sortino Ratio Rank: 53
KTCAX Omega Ratio Rank: 55
KTCAX Calmar Ratio Rank: 69
KTCAX Martin Ratio Rank: 53

FDCPX

FDCPX Risk / Return Rank: 98
FDCPX Sharpe Ratio Rank: 100
FDCPX Sortino Ratio Rank: 98
FDCPX Omega Ratio Rank: 97
FDCPX Calmar Ratio Rank: 99
FDCPX Martin Ratio Rank: 99

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.

KTCAX vs. FDCPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Science and Technology Fund (KTCAX) and Fidelity Select Tech Hardware Portfolio (FDCPX). 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.

	KTCAX	FDCPX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	5.88	-3.66
Sortino ratio: Return per unit of downside risk	2.81	5.87	-3.06
Omega ratio: Gain probability vs. loss probability	1.37	1.85	-0.48
Calmar ratio: Return relative to maximum drawdown	3.06	13.62	-10.56
Martin ratio: Return relative to average drawdown	10.20	55.95	-45.74

KTCAX vs. FDCPX - Sharpe Ratio Comparison

The current KTCAX Sharpe Ratio is 2.23, which is lower than the FDCPX Sharpe Ratio of 5.88. The chart below compares the historical Sharpe Ratios of KTCAX and FDCPX, 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

KTCAX vs. FDCPX - Drawdown Comparison

The maximum KTCAX drawdown since its inception was -82.20%, roughly equal to the maximum FDCPX drawdown of -81.96%. Use the drawdown chart below to compare losses from any high point for KTCAX and FDCPX.

Drawdown Indicators

	KTCAX	FDCPX	Difference
Max Drawdown Largest peak-to-trough decline	-82.20%	-81.96%	-0.24%
Max Drawdown (1Y) Largest decline over 1 year	-16.60%	-11.49%	-5.11%
Max Drawdown (3Y) Largest decline over 3 years	-25.52%	-23.59%	-1.93%
Max Drawdown (5Y) Largest decline over 5 years	-42.37%	-35.29%	-7.08%
Max Drawdown (10Y) Largest decline over 10 years	-42.37%	-35.29%	-7.08%
Current Drawdown Current decline from peak	-3.40%	0.00%	-3.40%
Average Drawdown Average peak-to-trough decline	-27.87%	-26.09%	-1.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.97%	2.79%	+2.18%

Volatility

KTCAX vs. FDCPX - Volatility Comparison

The current volatility for DWS Science and Technology Fund (KTCAX) is 11.17%, while Fidelity Select Tech Hardware Portfolio (FDCPX) has a volatility of 13.85%. This indicates that KTCAX experiences smaller price fluctuations and is considered to be less risky than FDCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KTCAX	FDCPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.17%	13.85%	-2.68%
Volatility (6M) Calculated over the trailing 6-month period	18.88%	22.89%	-4.01%
Volatility (1Y) Calculated over the trailing 1-year period	22.88%	26.65%	-3.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.35%	23.15%	+2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.29%	22.24%	+2.05%

KTCAX vs. FDCPX - Expense Ratio Comparison

KTCAX has a 0.89% expense ratio, which is higher than FDCPX's 0.67% expense ratio.

Dividends

KTCAX vs. FDCPX - Dividend Comparison

KTCAX's dividend yield for the trailing twelve months is around 6.65%, more than FDCPX's 5.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDCPX Fidelity Select Tech Hardware Portfolio	5.53%	14.38%	7.58%	0.51%	17.72%	16.95%	8.81%	12.15%	23.69%	10.50%	6.57%	4.53%
KTCAX DWS Science and Technology Fund	6.65%	8.32%	10.15%	11.73%	6.31%	10.93%	7.36%	8.99%	14.35%	4.50%	2.32%	11.97%

Frequently Asked Questions

Can I hold both KTCAX and FDCPX in my portfolio?

KTCAX and FDCPX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KTCAX or FDCPX?

FDCPX has higher volatility (13.85%) compared to KTCAX (11.17%). In terms of maximum drawdown, KTCAX dropped -82.20% vs FDCPX's -81.96%.

Which has better risk-adjusted returns?

FDCPX currently has the higher Sharpe Ratio (5.88 vs 2.23), 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.