PRCT vs. FSLEX
Compare and contrast key facts about PROCEPT BioRobotics Corporation (PRCT) and Fidelity Environment and Alternative Energy Fund (FSLEX).
FSLEX is managed by Fidelity. It was launched on Jun 29, 1989.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRCT or FSLEX.
Key characteristics
| PRCT | FSLEX | |
|---|---|---|
| YTD Return | 95.63% | 16.47% |
| 1Y Return | 149.82% | 25.38% |
| 3Y Return (Ann) | 27.19% | 5.92% |
| Sharpe Ratio | 2.50 | 1.55 |
| Daily Std Dev | 58.96% | 16.44% |
| Max Drawdown | -63.51% | -50.21% |
| Current Drawdown | -1.74% | -0.52% |
Correlation
The correlation between PRCT and FSLEX is 0.37, 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.
Performance
PRCT vs. FSLEX - Performance Comparison
In the year-to-date period, PRCT achieves a 95.63% return, which is significantly higher than FSLEX's 16.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PRCT vs. FSLEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PROCEPT BioRobotics Corporation (PRCT) and Fidelity Environment and Alternative Energy Fund (FSLEX). 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.
Dividends
PRCT vs. FSLEX - Dividend Comparison
PRCT has not paid dividends to shareholders, while FSLEX's dividend yield for the trailing twelve months is around 0.36%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRCT PROCEPT BioRobotics Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSLEX Fidelity Environment and Alternative Energy Fund | 0.36% | 0.39% | 0.69% | 7.74% | 6.41% | 2.17% | 6.39% | 6.36% | 1.29% | 3.07% | 14.89% | 0.76% |
Drawdowns
PRCT vs. FSLEX - Drawdown Comparison
The maximum PRCT drawdown since its inception was -63.51%, which is greater than FSLEX's maximum drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for PRCT and FSLEX. For additional features, visit the drawdowns tool.
Volatility
PRCT vs. FSLEX - Volatility Comparison
PROCEPT BioRobotics Corporation (PRCT) has a higher volatility of 26.81% compared to Fidelity Environment and Alternative Energy Fund (FSLEX) at 5.93%. This indicates that PRCT's price experiences larger fluctuations and is considered to be riskier than FSLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.