PRGTX vs. FSELX
PRGTX (T. Rowe Price Global Technology Fund) and FSELX (Fidelity Select Semiconductors Portfolio) are both mutual funds - PRGTX is a Technology Equities fund managed by T. Rowe Price, while FSELX is a Semiconductors fund managed by Fidelity. Over the past 10 years, PRGTX returned 17.66%/yr vs 35.41%/yr for FSELX. Their correlation of 0.85 means they have usually moved in the same direction. PRGTX charges 0.93%/yr vs 0.68%/yr for FSELX.
Performance
PRGTX vs. FSELX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRGTX achieves a 25.08% return, which is significantly lower than FSELX's 49.63% return. Over the past 10 years, PRGTX has underperformed FSELX with an annualized return of 17.66%, while FSELX has yielded a comparatively higher 35.41% annualized return.
PRGTX
- 1D
- 1.19%
- 1M
- -4.87%
- 6M
- 21.92%
- YTD
- 25.08%
- 1Y
- 42.17%
- 3Y*
- 31.27%
- 5Y*
- 6.72%
- 10Y*
- 17.66%
- ALL TIME*
- 11.98%
FSELX
- 1D
- 0.96%
- 1M
- -8.05%
- 6M
- 33.10%
- YTD
- 49.63%
- 1Y
- 84.99%
- 3Y*
- 51.58%
- 5Y*
- 38.61%
- 10Y*
- 35.41%
- ALL TIME*
- 16.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRGTX vs. FSELX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRGTX T. Rowe Price Global Technology Fund | 25.08% | 27.28% | 33.12% | 55.92% | -55.53% | 8.85% | 75.77% | 34.22% | -10.07% | 47.09% |
FSELX Fidelity Select Semiconductors Portfolio | 49.63% | 52.17% | 49.68% | 78.49% | -35.27% | 59.16% | 44.33% | 64.50% | -12.01% | 34.51% |
Correlation
The correlation between PRGTX and FSELX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.86 |
The correlation between PRGTX and FSELX has been stable across timeframes, ranging from 0.82 to 0.90 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRGTX vs. FSELX — Risk / Return Rank
PRGTX
FSELX
PRGTX vs. FSELX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Technology Fund (PRGTX) 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.
| PRGTX | FSELX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 3.07 | -0.94 |
| Martin ratioReturn relative to average drawdown | 7.12 | 12.68 | -5.56 |
Loading charts...
Drawdowns
PRGTX vs. FSELX - Drawdown Comparison
The maximum PRGTX drawdown since its inception was -71.18%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for PRGTX and FSELX.
Loading charts...
Drawdown Indicators
| PRGTX | FSELX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.18% | -82.54% | +11.36% |
Max Drawdown (1Y)Largest decline over 1 year | -18.50% | -26.87% | +8.37% |
Max Drawdown (3Y)Largest decline over 3 years | -26.67% | -36.31% | +9.64% |
Max Drawdown (5Y)Largest decline over 5 years | -65.29% | -46.37% | -18.92% |
Max Drawdown (10Y)Largest decline over 10 years | -65.29% | -46.37% | -18.92% |
Current DrawdownCurrent decline from peak | -13.24% | -20.88% | +7.64% |
Average DrawdownAverage peak-to-trough decline | -21.45% | -28.63% | +7.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.52% | 6.50% | -0.98% |
Volatility
PRGTX vs. FSELX - Volatility Comparison
The current volatility for T. Rowe Price Global Technology Fund (PRGTX) is 11.53%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 16.24%. This indicates that PRGTX 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.
Loading charts...
Volatility by Period
| PRGTX | FSELX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.53% | 16.24% | -4.71% |
Volatility (6M)Calculated over the trailing 6-month period | 25.45% | 34.43% | -8.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.04% | 40.77% | -11.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.65% | 40.41% | -7.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.83% | 35.84% | -7.01% |
PRGTX vs. FSELX - Expense Ratio Comparison
PRGTX has a 0.93% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Dividends
PRGTX vs. FSELX - Dividend Comparison
PRGTX has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 10.95%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSELX Fidelity Select Semiconductors Portfolio | 10.95% | 11.11% | 7.97% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.44% | 3.82% | 15.22% |
PRGTX T. Rowe Price Global Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 3.28% | 27.71% | 5.05% | 0.15% | 24.67% | 15.81% | 9.46% | 10.03% |
Frequently Asked Questions
With a correlation of 0.90, PRGTX and FSELX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FSELX has higher volatility (16.24%) compared to PRGTX (11.53%). In terms of maximum drawdown, PRGTX dropped -71.18% vs FSELX's -82.54%.
FSELX currently has the higher Sharpe Ratio (2.03 vs 1.35), 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.
Find the right allocation for PRGTX and FSELX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer