PRHSX vs. FSMEX
Compare and contrast key facts about T. Rowe Price Health Sciences Fund (PRHSX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX).
PRHSX is managed by T. Rowe Price. It was launched on Dec 29, 1995. FSMEX is managed by Fidelity. It was launched on Apr 28, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRHSX or FSMEX.
Correlation
The correlation between PRHSX and FSMEX is 0.82, 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.
Performance
PRHSX vs. FSMEX - Performance Comparison
Key characteristics
PRHSX:
-0.26
FSMEX:
0.36
PRHSX:
-0.21
FSMEX:
0.57
PRHSX:
0.97
FSMEX:
1.08
PRHSX:
-0.14
FSMEX:
0.19
PRHSX:
-0.59
FSMEX:
1.19
PRHSX:
7.73%
FSMEX:
5.01%
PRHSX:
17.73%
FSMEX:
16.65%
PRHSX:
-47.79%
FSMEX:
-43.45%
PRHSX:
-27.82%
FSMEX:
-25.52%
Returns By Period
In the year-to-date period, PRHSX achieves a 6.30% return, which is significantly lower than FSMEX's 6.99% return. Over the past 10 years, PRHSX has underperformed FSMEX with an annualized return of 1.78%, while FSMEX has yielded a comparatively higher 6.63% annualized return.
PRHSX
6.30%
5.04%
-13.12%
-6.24%
0.99%
1.78%
FSMEX
6.99%
6.67%
5.69%
4.70%
1.98%
6.63%
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PRHSX vs. FSMEX - Expense Ratio Comparison
PRHSX has a 0.80% expense ratio, which is higher than FSMEX's 0.68% expense ratio.
Risk-Adjusted Performance
PRHSX vs. FSMEX — Risk-Adjusted Performance Rank
PRHSX
FSMEX
PRHSX vs. FSMEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Health Sciences Fund (PRHSX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX). 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
PRHSX vs. FSMEX - Dividend Comparison
PRHSX's dividend yield for the trailing twelve months is around 0.01%, while FSMEX has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
T. Rowe Price Health Sciences Fund | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fidelity Select Medical Technology and Devices Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 11.71% | 5.17% |
Drawdowns
PRHSX vs. FSMEX - Drawdown Comparison
The maximum PRHSX drawdown since its inception was -47.79%, which is greater than FSMEX's maximum drawdown of -43.45%. Use the drawdown chart below to compare losses from any high point for PRHSX and FSMEX. For additional features, visit the drawdowns tool.
Volatility
PRHSX vs. FSMEX - Volatility Comparison
T. Rowe Price Health Sciences Fund (PRHSX) and Fidelity Select Medical Technology and Devices Portfolio (FSMEX) have volatilities of 4.40% and 4.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.