ROKT vs. FSDAX
Compare and contrast key facts about SPDR S&P Kensho Final Frontiers ETF (ROKT) and Fidelity Select Defense & Aerospace Portfolio (FSDAX).
ROKT is a passively managed fund by State Street that tracks the performance of the S&P Kensho Final Frontiers Index. It was launched on Oct 22, 2018. FSDAX is managed by Fidelity. It was launched on May 8, 1984.
Performance
ROKT vs. FSDAX - Performance Comparison
Loading graphics...
ROKT vs. FSDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ROKT SPDR S&P Kensho Final Frontiers ETF | 16.96% | 50.56% | 27.89% | 14.41% | -0.81% | 4.63% | 7.99% | 40.90% | -13.20% |
FSDAX Fidelity Select Defense & Aerospace Portfolio | -3.56% | 50.03% | 15.83% | 16.29% | 6.83% | 4.91% | -7.87% | 33.75% | -12.37% |
Returns By Period
In the year-to-date period, ROKT achieves a 16.96% return, which is significantly higher than FSDAX's -3.56% return.
ROKT
- 1D
- 4.44%
- 1M
- -4.02%
- YTD
- 16.96%
- 6M
- 30.61%
- 1Y
- 87.29%
- 3Y*
- 35.37%
- 5Y*
- 20.32%
- 10Y*
- —
FSDAX
- 1D
- -2.27%
- 1M
- -14.26%
- YTD
- -3.56%
- 6M
- -1.06%
- 1Y
- 34.57%
- 3Y*
- 23.65%
- 5Y*
- 15.00%
- 10Y*
- 14.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ROKT vs. FSDAX - Expense Ratio Comparison
ROKT has a 0.45% expense ratio, which is lower than FSDAX's 0.74% expense ratio.
Return for Risk
ROKT vs. FSDAX — Risk / Return Rank
ROKT
FSDAX
ROKT vs. FSDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Final Frontiers ETF (ROKT) and Fidelity Select Defense & Aerospace Portfolio (FSDAX). 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.
| ROKT | FSDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.00 | 1.48 | +1.52 |
Sortino ratioReturn per unit of downside risk | 3.66 | 2.02 | +1.65 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.29 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 6.48 | 1.96 | +4.52 |
Martin ratioReturn relative to average drawdown | 24.82 | 7.81 | +17.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ROKT | FSDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.00 | 1.48 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.76 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.63 | +0.12 |
Correlation
The correlation between ROKT and FSDAX is 0.85, 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.
Dividends
ROKT vs. FSDAX - Dividend Comparison
ROKT's dividend yield for the trailing twelve months is around 0.34%, less than FSDAX's 4.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROKT SPDR S&P Kensho Final Frontiers ETF | 0.34% | 0.41% | 0.57% | 0.62% | 0.54% | 1.79% | 0.48% | 0.74% | 0.16% | 0.00% | 0.00% | 0.00% |
FSDAX Fidelity Select Defense & Aerospace Portfolio | 4.65% | 4.48% | 7.68% | 6.47% | 8.87% | 8.38% | 2.11% | 2.62% | 11.45% | 3.57% | 4.87% | 6.30% |
Drawdowns
ROKT vs. FSDAX - Drawdown Comparison
The maximum ROKT drawdown since its inception was -43.16%, smaller than the maximum FSDAX drawdown of -60.59%. Use the drawdown chart below to compare losses from any high point for ROKT and FSDAX.
Loading graphics...
Drawdown Indicators
| ROKT | FSDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.16% | -60.59% | +17.43% |
Max Drawdown (1Y)Largest decline over 1 year | -13.36% | -16.13% | +2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | -22.84% | -0.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.08% | — |
Current DrawdownCurrent decline from peak | -7.46% | -16.13% | +8.67% |
Average DrawdownAverage peak-to-trough decline | -6.86% | -10.45% | +3.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 4.04% | -0.55% |
Volatility
ROKT vs. FSDAX - Volatility Comparison
SPDR S&P Kensho Final Frontiers ETF (ROKT) has a higher volatility of 10.58% compared to Fidelity Select Defense & Aerospace Portfolio (FSDAX) at 7.71%. This indicates that ROKT's price experiences larger fluctuations and is considered to be riskier than FSDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ROKT | FSDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 7.71% | +2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 22.67% | 15.52% | +7.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.22% | 23.22% | +6.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.87% | 19.92% | +1.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.78% | 22.07% | +2.71% |