Correlation
The correlation between OCMGX and FSELX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
OCMGX vs. FSELX
Compare and contrast key facts about OCM Gold Fund (OCMGX) and Fidelity Select Semiconductors Portfolio (FSELX).
OCMGX is managed by OCM. It was launched on Feb 3, 1988. 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: OCMGX or FSELX.
Performance
OCMGX vs. FSELX - Performance Comparison
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Key characteristics
OCMGX:
1.91
FSELX:
-0.02
OCMGX:
2.33
FSELX:
0.22
OCMGX:
1.31
FSELX:
1.03
OCMGX:
2.12
FSELX:
-0.10
OCMGX:
5.93
FSELX:
-0.26
OCMGX:
9.66%
FSELX:
14.05%
OCMGX:
32.01%
FSELX:
47.01%
OCMGX:
-77.63%
FSELX:
-81.70%
OCMGX:
0.00%
FSELX:
-12.22%
Returns By Period
In the year-to-date period, OCMGX achieves a 59.01% return, which is significantly higher than FSELX's -4.43% return. Over the past 10 years, OCMGX has underperformed FSELX with an annualized return of 13.66%, while FSELX has yielded a comparatively higher 23.75% annualized return.
OCMGX
59.01%
12.98%
42.96%
61.55%
21.25%
12.65%
13.66%
FSELX
-4.43%
14.55%
-2.93%
0.10%
27.55%
30.01%
23.75%
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OCMGX vs. FSELX - Expense Ratio Comparison
OCMGX has a 2.32% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
OCMGX vs. FSELX — Risk-Adjusted Performance Rank
OCMGX
FSELX
OCMGX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for OCM Gold Fund (OCMGX) 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
OCMGX vs. FSELX - Dividend Comparison
OCMGX's dividend yield for the trailing twelve months is around 1.81%, less than FSELX's 9.03% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
OCMGX OCM Gold Fund | 1.81% | 2.88% | 0.00% | 0.05% | 1.07% | 0.98% | 6.33% | 26.99% | 7.18% | 19.53% | 0.06% | 6.37% |
FSELX Fidelity Select Semiconductors Portfolio | 9.03% | 3.99% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 19.33% | 14.65% | 3.82% | 15.22% | 3.01% |
Drawdowns
OCMGX vs. FSELX - Drawdown Comparison
The maximum OCMGX drawdown since its inception was -77.63%, roughly equal to the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for OCMGX and FSELX.
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Volatility
OCMGX vs. FSELX - Volatility Comparison
OCM Gold Fund (OCMGX) has a higher volatility of 12.37% compared to Fidelity Select Semiconductors Portfolio (FSELX) at 10.26%. This indicates that OCMGX's price experiences larger fluctuations and is considered to be riskier than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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