RMBKX vs. FSPCX

Last updated Aug 1, 2026

RMBKX (RMB Mendon Financial Services Fund) and FSPCX (Fidelity Select Insurance Portfolio) are both Financials Equities funds. Over the past 10 years, RMBKX returned 11.37%/yr vs 13.33%/yr for FSPCX. Their 0.65 correlation means they have sometimes moved together and sometimes differently. RMBKX charges 1.27%/yr vs 0.78%/yr for FSPCX.

Performance

RMBKX vs. FSPCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RMB Mendon Financial Services Fund (RMBKX) and Fidelity Select Insurance Portfolio (FSPCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RMBKX achieves a 20.12% return, which is significantly higher than FSPCX's 10.79% return. Over the past 10 years, RMBKX has underperformed FSPCX with an annualized return of 11.37%, while FSPCX has yielded a comparatively higher 13.33% annualized return.

RMBKX

• 1D: -0.50%
• 1M: -0.14%
• 6M: 16.12%
• YTD: 20.12%
• 1Y: 43.23%
• 3Y*: 19.85%
• 5Y*: 9.64%
• 10Y*: 11.37%
• ALL TIME*: 12.68%

FSPCX

• 1D: -1.94%
• 1M: 2.00%
• 6M: 12.61%
• YTD: 10.79%
• 1Y: 16.31%
• 3Y*: 17.03%
• 5Y*: 14.82%
• 10Y*: 13.33%
• ALL TIME*: 11.50%

*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)
FSPCX Fidelity Select Insurance Portfolio	$0.00	$0.00	$0.00
RMBKX RMB Mendon Financial Services Fund	$0.00	$0.00	$0.00

RMBKX vs. FSPCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RMBKX RMB Mendon Financial Services Fund	20.12%	12.84%	17.07%	4.56%	-19.18%	56.40%	-5.73%	22.82%	-17.13%	12.17%
FSPCX Fidelity Select Insurance Portfolio	10.79%	3.45%	28.44%	12.98%	7.75%	29.26%	0.00%	30.06%	-11.99%	15.50%

Correlation

The correlation between RMBKX and FSPCX is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.46
Correlation (5Y) Shows whether the relationship held over a longer period.	0.57
Correlation (10Y) Provides a long-term view across more market conditions.	0.64
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.65

Over the past year, the correlation between RMBKX and FSPCX has dropped to 0.45 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

Return for Risk

RMBKX vs. FSPCX — Risk / Return Rank

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

RMBKX

RMBKX Risk / Return Rank: 83
RMBKX Sharpe Ratio Rank: 80
RMBKX Sortino Ratio Rank: 78
RMBKX Omega Ratio Rank: 75
RMBKX Calmar Ratio Rank: 94
RMBKX Martin Ratio Rank: 87

FSPCX

FSPCX Risk / Return Rank: 31
FSPCX Sharpe Ratio Rank: 30
FSPCX Sortino Ratio Rank: 31
FSPCX Omega Ratio Rank: 31
FSPCX Calmar Ratio Rank: 40
FSPCX Martin Ratio Rank: 24

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.

RMBKX vs. FSPCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RMB Mendon Financial Services Fund (RMBKX) and Fidelity Select Insurance Portfolio (FSPCX). 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.

	RMBKX	FSPCX	Difference
Sharpe ratio: Return per unit of total volatility	1.91	0.96	+0.95
Sortino ratio: Return per unit of downside risk	2.68	1.46	+1.22
Omega ratio: Gain probability vs. loss probability	1.34	1.18	+0.16
Calmar ratio: Return relative to maximum drawdown	4.10	1.59	+2.51
Martin ratio: Return relative to average drawdown	11.27	3.24	+8.03

RMBKX vs. FSPCX - Sharpe Ratio Comparison

The current RMBKX Sharpe Ratio is 1.91, which is higher than the FSPCX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of RMBKX and FSPCX, 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

RMBKX vs. FSPCX - Drawdown Comparison

The maximum RMBKX drawdown since its inception was -55.45%, smaller than the maximum FSPCX drawdown of -69.48%. Use the drawdown chart below to compare losses from any high point for RMBKX and FSPCX.

Drawdown Indicators

	RMBKX	FSPCX	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-69.48%	+14.03%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-9.98%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-24.98%	-11.69%	-13.29%
Max Drawdown (5Y) Largest decline over 5 years	-44.33%	-16.65%	-27.68%
Max Drawdown (10Y) Largest decline over 10 years	-55.45%	-43.68%	-11.77%
Current Drawdown Current decline from peak	-1.91%	-2.17%	+0.26%
Average Drawdown Average peak-to-trough decline	-10.97%	-9.68%	-1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	4.88%	-1.43%

Volatility

RMBKX vs. FSPCX - Volatility Comparison

The current volatility for RMB Mendon Financial Services Fund (RMBKX) is 5.72%, while Fidelity Select Insurance Portfolio (FSPCX) has a volatility of 7.17%. This indicates that RMBKX experiences smaller price fluctuations and is considered to be less risky than FSPCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMBKX	FSPCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	7.17%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	13.29%	12.93%	+0.36%
Volatility (1Y) Calculated over the trailing 1-year period	20.41%	16.55%	+3.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.66%	17.63%	+7.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.18%	20.13%	+7.05%

RMBKX vs. FSPCX - Expense Ratio Comparison

RMBKX has a 1.27% expense ratio, which is higher than FSPCX's 0.78% expense ratio.

Dividends

RMBKX vs. FSPCX - Dividend Comparison

RMBKX's dividend yield for the trailing twelve months is around 5.18%, more than FSPCX's 4.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSPCX Fidelity Select Insurance Portfolio	4.25%	3.35%	8.72%	8.48%	0.74%	8.40%	8.80%	6.90%	32.69%	12.52%	2.81%	3.11%
RMBKX RMB Mendon Financial Services Fund	5.18%	6.22%	1.90%	1.29%	17.29%	1.35%	0.00%	0.85%	5.39%	6.63%	1.50%	0.00%

Frequently Asked Questions

Can I hold both RMBKX and FSPCX in my portfolio?

RMBKX and FSPCX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RMBKX or FSPCX?

FSPCX has higher volatility (7.17%) compared to RMBKX (5.72%). In terms of maximum drawdown, RMBKX dropped -55.45% vs FSPCX's -69.48%.

Which has better risk-adjusted returns?

RMBKX currently has the higher Sharpe Ratio (1.91 vs 0.96), 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.