RYNVX vs. FSELX
Compare and contrast key facts about Rydex Nova Fund (RYNVX) and Fidelity Select Semiconductors Portfolio (FSELX).
RYNVX is managed by Rydex Funds. It was launched on Jul 11, 1993. 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: RYNVX or FSELX.
Key characteristics
| RYNVX | FSELX | |
|---|---|---|
| YTD Return | 35.91% | 42.47% |
| 1Y Return | 47.82% | 45.49% |
| 3Y Return (Ann) | -0.39% | 13.57% |
| 5Y Return (Ann) | 11.64% | 23.57% |
| 10Y Return (Ann) | 12.29% | 18.56% |
| Sharpe Ratio | 2.65 | 1.28 |
| Sortino Ratio | 3.37 | 1.80 |
| Omega Ratio | 1.47 | 1.23 |
| Calmar Ratio | 1.43 | 1.88 |
| Martin Ratio | 16.38 | 5.36 |
| Ulcer Index | 2.94% | 8.54% |
| Daily Std Dev | 18.20% | 35.88% |
| Max Drawdown | -76.54% | -81.70% |
| Current Drawdown | -1.89% | -8.72% |
Correlation
The correlation between RYNVX and FSELX is 0.72, 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
RYNVX vs. FSELX - Performance Comparison
In the year-to-date period, RYNVX achieves a 35.91% return, which is significantly lower than FSELX's 42.47% return. Over the past 10 years, RYNVX has underperformed FSELX with an annualized return of 12.29%, while FSELX has yielded a comparatively higher 18.56% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYNVX vs. FSELX - Expense Ratio Comparison
RYNVX has a 1.23% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
RYNVX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Nova Fund (RYNVX) 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
RYNVX vs. FSELX - Dividend Comparison
RYNVX's dividend yield for the trailing twelve months is around 0.44%, more than FSELX's 0.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYNVX Rydex Nova Fund | 0.44% | 0.59% | 0.00% | 0.00% | 0.53% | 0.00% | 0.00% | 0.03% | 0.04% | 0.13% | 0.10% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 0.07% | 0.10% | 0.18% | 0.04% | 0.51% | 0.76% | 0.76% | 1.04% | 0.71% | 16.31% | 3.48% | 0.61% |
Drawdowns
RYNVX vs. FSELX - Drawdown Comparison
The maximum RYNVX drawdown since its inception was -76.54%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for RYNVX and FSELX. For additional features, visit the drawdowns tool.
Volatility
RYNVX vs. FSELX - Volatility Comparison
The current volatility for Rydex Nova Fund (RYNVX) is 5.67%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 8.87%. This indicates that RYNVX 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.