SOXQ vs. FSELX
Compare and contrast key facts about Invesco PHLX Semiconductor ETF (SOXQ) and Fidelity Select Semiconductors Portfolio (FSELX).
SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021. 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: SOXQ or FSELX.
Key characteristics
| SOXQ | FSELX | |
|---|---|---|
| YTD Return | 19.73% | 39.26% |
| 1Y Return | 44.83% | 64.90% |
| 3Y Return (Ann) | 10.94% | 19.44% |
| Sharpe Ratio | 1.40 | 1.95 |
| Sortino Ratio | 1.90 | 2.47 |
| Omega Ratio | 1.25 | 1.33 |
| Calmar Ratio | 1.93 | 2.86 |
| Martin Ratio | 5.29 | 8.45 |
| Ulcer Index | 9.18% | 8.26% |
| Daily Std Dev | 34.64% | 35.72% |
| Max Drawdown | -46.01% | -81.70% |
| Current Drawdown | -15.73% | -10.78% |
Correlation
The correlation between SOXQ and FSELX is 0.97, 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
SOXQ vs. FSELX - Performance Comparison
In the year-to-date period, SOXQ achieves a 19.73% return, which is significantly lower than FSELX's 39.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SOXQ vs. FSELX - Expense Ratio Comparison
SOXQ has a 0.00% expense ratio, which is lower than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
SOXQ vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) 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
SOXQ vs. FSELX - Dividend Comparison
SOXQ's dividend yield for the trailing twelve months is around 0.70%, less than FSELX's 5.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOXQ Invesco PHLX Semiconductor ETF | 0.70% | 0.87% | 1.36% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSELX Fidelity Select Semiconductors Portfolio | 5.04% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 16.31% | 3.48% | 0.61% |
Drawdowns
SOXQ vs. FSELX - Drawdown Comparison
The maximum SOXQ drawdown since its inception was -46.01%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for SOXQ and FSELX. For additional features, visit the drawdowns tool.
Volatility
SOXQ vs. FSELX - Volatility Comparison
Invesco PHLX Semiconductor ETF (SOXQ) has a higher volatility of 8.94% compared to Fidelity Select Semiconductors Portfolio (FSELX) at 8.33%. This indicates that SOXQ's price experiences larger fluctuations and is considered to be riskier than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.