PK vs. FSELX

Last updated Aug 1, 2026

PK (Park Hotels & Resorts Inc.) is a stock, while FSELX (Fidelity Select Semiconductors Portfolio) is Semiconductors fund managed by Fidelity. Over the past 5 years, PK returned 3.81%/yr vs 38.34%/yr for FSELX. Their 0.38 correlation means their historical movements had little consistent relationship.

Performance

PK vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Park Hotels & Resorts Inc. (PK) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PK having a 50.05% return and FSELX slightly lower at 48.22%.

PK

• 1D: 0.00%
• 1M: 4.44%
• 6M: 43.59%
• YTD: 50.05%
• 1Y: 60.38%
• 3Y*: 16.29%
• 5Y*: 3.81%
• 10Y*: —
• ALL TIME*: 1.11%

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%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSELX Fidelity Select Semiconductors Portfolio	$0.00	$0.00	$0.00
PK Park Hotels & Resorts Inc.	$51.61M	$56.17M	$68.18M

PK vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PK Park Hotels & Resorts Inc.	50.05%	-18.45%	0.98%	49.45%	-36.03%	10.09%	-30.13%	6.86%	1.69%	12.59%
FSELX Fidelity Select Semiconductors Portfolio	48.22%	52.17%	49.68%	78.49%	-35.27%	59.16%	44.33%	64.50%	-12.01%	33.85%

Correlation

The correlation between PK and FSELX is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.18
Correlation (3Y) Balances recent behavior with more history.	0.31
Correlation (5Y) Shows whether the relationship held over a longer period.	0.43
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.38

Over the past year, the correlation between PK and FSELX has dropped to 0.18 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Return for Risk

PK vs. FSELX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PK

PK Risk / Return Rank: 87
PK Sharpe Ratio Rank: 89
PK Sortino Ratio Rank: 88
PK Omega Ratio Rank: 83
PK Calmar Ratio Rank: 88
PK Martin Ratio Rank: 88

FSELX

FSELX Risk / Return Rank: 80
FSELX Sharpe Ratio Rank: 81
FSELX Sortino Ratio Rank: 72
FSELX Omega Ratio Rank: 72
FSELX Calmar Ratio Rank: 86
FSELX Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PK vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Park Hotels & Resorts Inc. (PK) 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.

	PK	FSELX	Difference
Sharpe ratio: Return per unit of total volatility	1.76	1.91	-0.15
Sortino ratio: Return per unit of downside risk	2.63	2.35	+0.28
Omega ratio: Gain probability vs. loss probability	1.29	1.31	-0.02
Calmar ratio: Return relative to maximum drawdown	3.18	2.90	+0.29
Martin ratio: Return relative to average drawdown	8.42	12.21	-3.78

PK vs. FSELX - Sharpe Ratio Comparison

The current PK Sharpe Ratio is 1.76, which is comparable to the FSELX Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of PK and FSELX, 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

PK vs. FSELX - Drawdown Comparison

The maximum PK drawdown since its inception was -84.22%, roughly equal to the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for PK and FSELX.

Drawdown Indicators

	PK	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-84.22%	-82.54%	-1.68%
Max Drawdown (1Y) Largest decline over 1 year	-17.08%	-26.87%	+9.79%
Max Drawdown (3Y) Largest decline over 3 years	-44.83%	-36.31%	-8.52%
Max Drawdown (5Y) Largest decline over 5 years	-47.38%	-46.37%	-1.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-24.62%	-21.63%	-2.99%
Average Drawdown Average peak-to-trough decline	-33.97%	-28.63%	-5.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.46%	6.37%	+0.09%

Volatility

PK vs. FSELX - Volatility Comparison

The current volatility for Park Hotels & Resorts Inc. (PK) is 7.17%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 16.75%. This indicates that PK 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.

Volatility by Period

	PK	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.17%	16.75%	-9.58%
Volatility (6M) Calculated over the trailing 6-month period	21.61%	34.43%	-12.82%
Volatility (1Y) Calculated over the trailing 1-year period	30.99%	40.79%	-9.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.12%	40.42%	-3.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.82%	35.84%	+9.98%

Dividends

PK vs. FSELX - Dividend Comparison

PK's dividend yield for the trailing twelve months is around 6.64%, less than FSELX's 11.05% yield.

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%
PK Park Hotels & Resorts Inc.	6.64%	9.56%	9.95%	14.05%	2.37%	0.00%	2.62%	7.34%	12.86%	16.10%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PK and FSELX in my portfolio?

PK and FSELX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PK or FSELX?

FSELX has higher volatility (16.75%) compared to PK (7.17%). In terms of maximum drawdown, PK dropped -84.22% vs FSELX's -82.54%.

Which has better risk-adjusted returns?

FSELX currently has the higher Sharpe Ratio (1.91 vs 1.76), 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.