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PGTYX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PGTYX and FSELX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

PGTYX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Global Technology Fund (PGTYX) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

800.00%1,000.00%1,200.00%1,400.00%1,600.00%1,800.00%2,000.00%JulyAugustSeptemberOctoberNovemberDecember
862.47%
1,738.42%
PGTYX
FSELX

Key characteristics

Sharpe Ratio

PGTYX:

1.49

FSELX:

0.93

Sortino Ratio

PGTYX:

2.01

FSELX:

1.42

Omega Ratio

PGTYX:

1.27

FSELX:

1.18

Calmar Ratio

PGTYX:

1.36

FSELX:

1.39

Martin Ratio

PGTYX:

6.22

FSELX:

3.87

Ulcer Index

PGTYX:

5.11%

FSELX:

8.72%

Daily Std Dev

PGTYX:

21.40%

FSELX:

36.41%

Max Drawdown

PGTYX:

-52.31%

FSELX:

-81.70%

Current Drawdown

PGTYX:

-4.05%

FSELX:

-11.44%

Returns By Period

In the year-to-date period, PGTYX achieves a 29.44% return, which is significantly lower than FSELX's 38.23% return. Over the past 10 years, PGTYX has underperformed FSELX with an annualized return of 14.67%, while FSELX has yielded a comparatively higher 16.98% annualized return.


PGTYX

YTD

29.44%

1M

0.18%

6M

2.71%

1Y

30.30%

5Y*

12.78%

10Y*

14.67%

FSELX

YTD

38.23%

1M

-1.64%

6M

-6.19%

1Y

39.26%

5Y*

22.02%

10Y*

16.98%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PGTYX vs. FSELX - Expense Ratio Comparison

PGTYX has a 0.62% expense ratio, which is lower than FSELX's 0.68% expense ratio.


FSELX
Fidelity Select Semiconductors Portfolio
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for PGTYX: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%

Risk-Adjusted Performance

PGTYX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Global Technology Fund (PGTYX) 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.


Sharpe ratio
The chart of Sharpe ratio for PGTYX, currently valued at 1.49, compared to the broader market-1.000.001.002.003.004.001.490.93
The chart of Sortino ratio for PGTYX, currently valued at 2.01, compared to the broader market-2.000.002.004.006.008.0010.002.011.42
The chart of Omega ratio for PGTYX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.271.18
The chart of Calmar ratio for PGTYX, currently valued at 1.36, compared to the broader market0.002.004.006.008.0010.0012.0014.001.361.39
The chart of Martin ratio for PGTYX, currently valued at 6.22, compared to the broader market0.0020.0040.0060.006.223.87
PGTYX
FSELX

The current PGTYX Sharpe Ratio is 1.49, which is higher than the FSELX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of PGTYX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.49
0.93
PGTYX
FSELX

Dividends

PGTYX vs. FSELX - Dividend Comparison

Neither PGTYX nor FSELX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PGTYX
Putnam Global Technology Fund
0.00%0.57%1.71%0.00%0.00%0.58%0.49%0.00%0.83%0.00%5.14%0.00%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

PGTYX vs. FSELX - Drawdown Comparison

The maximum PGTYX drawdown since its inception was -52.31%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for PGTYX and FSELX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.05%
-11.44%
PGTYX
FSELX

Volatility

PGTYX vs. FSELX - Volatility Comparison

The current volatility for Putnam Global Technology Fund (PGTYX) is 4.79%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 8.36%. This indicates that PGTYX 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.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
4.79%
8.36%
PGTYX
FSELX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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