NVAX vs. FSELX
NVAX (Novavax, Inc.) is a stock, while FSELX (Fidelity Select Semiconductors Portfolio) is Semiconductors fund managed by Fidelity. Over the past 10 years, NVAX returned -25.75%/yr vs 35.08%/yr for FSELX. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
NVAX vs. FSELX - Performance Comparison
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Returns By Period
In the year-to-date period, NVAX achieves a 8.93% return, which is significantly lower than FSELX's 48.22% return. Over the past 10 years, NVAX has underperformed FSELX with an annualized return of -25.75%, while FSELX has yielded a comparatively higher 35.08% annualized return.
NVAX
- 1D
- -1.61%
- 1M
- -24.85%
- 6M
- -17.24%
- YTD
- 8.93%
- 1Y
- 11.59%
- 3Y*
- -5.77%
- 5Y*
- -47.26%
- 10Y*
- -25.75%
- ALL TIME*
- -7.94%
FSELX
- 1D
- 7.17%
- 1M
- -8.92%
- 6M
- 32.88%
- YTD
- 48.22%
- 1Y
- 83.24%
- 3Y*
- 50.94%
- 5Y*
- 38.34%
- 10Y*
- 35.08%
- ALL TIME*
- 16.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
NVAX Novavax, Inc. | $21.74M | $27.13M | $44.51M |
NVAX vs. FSELX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVAX Novavax, Inc. | 8.93% | -16.42% | 67.50% | -53.31% | -92.81% | 28.30% | 2,701.76% | -89.18% | 48.39% | -1.59% |
FSELX Fidelity Select Semiconductors Portfolio | 48.22% | 52.17% | 49.68% | 78.49% | -35.27% | 59.16% | 44.33% | 64.50% | -12.01% | 34.51% |
Correlation
The correlation between NVAX and FSELX is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 1995 | 0.28 |
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Return for Risk
NVAX vs. FSELX — Risk / Return Rank
NVAX
FSELX
NVAX vs. FSELX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novavax, Inc. (NVAX) 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.
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.
| NVAX | FSELX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.31 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 2.90 | -2.61 |
| Martin ratioReturn relative to average drawdown | 0.50 | 12.21 | -11.71 |
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Drawdowns
NVAX vs. FSELX - Drawdown Comparison
The maximum NVAX drawdown since its inception was -98.82%, which is greater than FSELX's maximum drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for NVAX and FSELX.
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Drawdown Indicators
| NVAX | FSELX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.82% | -82.54% | -16.28% |
Max Drawdown (1Y)Largest decline over 1 year | -35.94% | -26.87% | -9.07% |
Max Drawdown (3Y)Largest decline over 3 years | -74.11% | -36.31% | -37.80% |
Max Drawdown (5Y)Largest decline over 5 years | -98.61% | -46.37% | -52.24% |
Max Drawdown (10Y)Largest decline over 10 years | -98.82% | -46.37% | -52.45% |
Current DrawdownCurrent decline from peak | -97.71% | -21.63% | -76.08% |
Average DrawdownAverage peak-to-trough decline | -70.88% | -28.63% | -42.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.20% | 6.37% | +13.83% |
Volatility
NVAX vs. FSELX - Volatility Comparison
The current volatility for Novavax, Inc. (NVAX) is 10.96%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 16.75%. This indicates that NVAX 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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Volatility by Period
| NVAX | FSELX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.96% | 16.75% | -5.79% |
Volatility (6M)Calculated over the trailing 6-month period | 46.59% | 34.43% | +12.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.40% | 40.79% | +27.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 105.56% | 40.42% | +65.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 115.50% | 35.84% | +79.66% |
Dividends
NVAX vs. FSELX - Dividend Comparison
NVAX has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 11.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSELX Fidelity Select Semiconductors Portfolio | 11.05% | 11.11% | 7.97% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.44% | 3.82% | 15.22% |
NVAX Novavax, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NVAX and FSELX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSELX has higher volatility (16.75%) compared to NVAX (10.96%). In terms of maximum drawdown, NVAX dropped -98.82% vs FSELX's -82.54%.
FSELX currently has the higher Sharpe Ratio (1.91 vs 0.15), 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.
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