PSI vs. FSELX
Compare and contrast key facts about Invesco Dynamic Semiconductors ETF (PSI) and Fidelity Select Semiconductors Portfolio (FSELX).
PSI is a passively managed fund by Invesco that tracks the performance of the Dynamic Semiconductors Intellidex Index. It was launched on Jun 23, 2005. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSI or FSELX.
Correlation
The correlation between PSI and FSELX is 0.93, 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
PSI vs. FSELX - Performance Comparison
Key characteristics
PSI:
-0.40
FSELX:
-0.26
PSI:
-0.30
FSELX:
-0.09
PSI:
0.96
FSELX:
0.99
PSI:
-0.53
FSELX:
-0.37
PSI:
-1.12
FSELX:
-0.87
PSI:
13.70%
FSELX:
11.58%
PSI:
38.70%
FSELX:
39.50%
PSI:
-62.96%
FSELX:
-81.70%
PSI:
-28.41%
FSELX:
-26.79%
Returns By Period
The year-to-date returns for both investments are quite close, with PSI having a -17.59% return and FSELX slightly higher at -17.21%. Over the past 10 years, PSI has outperformed FSELX with an annualized return of 18.82%, while FSELX has yielded a comparatively lower 14.57% annualized return.
PSI
-17.59%
-12.32%
-13.82%
-16.15%
22.69%
18.82%
FSELX
-17.21%
-11.58%
-14.87%
-11.04%
23.58%
14.57%
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PSI vs. FSELX - Expense Ratio Comparison
PSI has a 0.56% expense ratio, which is lower than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
PSI vs. FSELX — Risk-Adjusted Performance Rank
PSI
FSELX
PSI vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Semiconductors ETF (PSI) 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.
Dividends
PSI vs. FSELX - Dividend Comparison
PSI's dividend yield for the trailing twelve months is around 0.19%, while FSELX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSI Invesco Dynamic Semiconductors ETF | 0.19% | 0.15% | 0.40% | 0.61% | 0.14% | 0.21% | 0.52% | 0.83% | 0.21% | 0.68% | 0.16% | 1.77% |
FSELX Fidelity Select Semiconductors Portfolio | 0.00% | 0.00% | 0.10% | 0.18% | 0.04% | 0.51% | 0.76% | 0.76% | 1.04% | 0.71% | 16.31% | 3.48% |
Drawdowns
PSI vs. FSELX - Drawdown Comparison
The maximum PSI drawdown since its inception was -62.96%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for PSI and FSELX. For additional features, visit the drawdowns tool.
Volatility
PSI vs. FSELX - Volatility Comparison
Invesco Dynamic Semiconductors ETF (PSI) and Fidelity Select Semiconductors Portfolio (FSELX) have volatilities of 11.90% and 12.23%, 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.