VCAR vs. FSELX

Last updated Jun 24, 2026

VCAR (Simplify Volt RoboCar Disruption and Tech ETF) and FSELX (Fidelity Select Semiconductors Portfolio) are both funds - VCAR is a Consumer Discretionary Equities fund actively managed by Simplify, while FSELX is a Semiconductors fund managed by Fidelity. Over the past 5 years, VCAR returned 8.82%/yr vs 46.40%/yr for FSELX. A 0.63 correlation means they provide meaningful diversification when combined. VCAR charges 0.95%/yr vs 0.68%/yr for FSELX.

Performance

VCAR vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Volt RoboCar Disruption and Tech ETF (VCAR) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCAR achieves a -12.28% return, which is significantly lower than FSELX's 89.12% return.

VCAR

• 1D: -6.80%
• 1M: -14.12%
• YTD: -12.28%
• 6M: -17.99%
• 1Y: -31.81%
• 3Y*: 26.19%
• 5Y*: 8.82%
• 10Y*: —

FSELX

• 1D: 0.90%
• 1M: 13.81%
• YTD: 89.12%
• 6M: 86.03%
• 1Y: 158.55%
• 3Y*: 69.14%
• 5Y*: 46.40%
• 10Y*: 40.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VCAR vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VCAR Simplify Volt RoboCar Disruption and Tech ETF	-12.28%	-14.73%	152.27%	58.33%	-61.11%	18.52%	2.57%
FSELX Fidelity Select Semiconductors Portfolio	89.12%	52.17%	49.68%	78.49%	-35.27%	59.16%	1.50%

Correlation

The correlation between VCAR and FSELX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020	0.63

The correlation between VCAR and FSELX shifts across timeframes, from 0.44 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

VCAR vs. FSELX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VCAR

VCAR Risk / Return Rank: 5
VCAR Sharpe Ratio Rank: 4
VCAR Sortino Ratio Rank: 5
VCAR Omega Ratio Rank: 5
VCAR Calmar Ratio Rank: 4
VCAR Martin Ratio Rank: 5

FSELX

FSELX Risk / Return Rank: 96
FSELX Sharpe Ratio Rank: 99
FSELX Sortino Ratio Rank: 93
FSELX Omega Ratio Rank: 90
FSELX Calmar Ratio Rank: 99
FSELX Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VCAR vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) 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.

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.

	VCAR	FSELX	Difference
Sharpe ratio: Return per unit of total volatility	-0.57	4.48	-5.04
Sortino ratio: Return per unit of downside risk	-0.56	4.42	-4.98
Omega ratio: Gain probability vs. loss probability	0.93	1.61	-0.68
Calmar ratio: Return relative to maximum drawdown	-0.57	11.17	-11.74
Martin ratio: Return relative to average drawdown	-0.98	40.11	-41.09

VCAR vs. FSELX - Sharpe Ratio Comparison

The current VCAR Sharpe Ratio is -0.57, which is lower than the FSELX Sharpe Ratio of 4.48. The chart below compares the historical Sharpe Ratios of VCAR and FSELX, 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

VCAR vs. FSELX - Drawdown Comparison

The maximum VCAR drawdown since its inception was -69.11%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for VCAR and FSELX.

Drawdown Indicators

	VCAR	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-69.11%	-82.54%	+13.43%
Max Drawdown (1Y) Largest decline over 1 year	-56.12%	-14.38%	-41.74%
Max Drawdown (3Y) Largest decline over 3 years	-56.12%	-36.31%	-19.81%
Max Drawdown (5Y) Largest decline over 5 years	-69.11%	-46.37%	-22.74%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-45.57%	0.00%	-45.57%
Average Drawdown Average peak-to-trough decline	-37.71%	-28.67%	-9.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.64%	4.00%	+28.64%

Volatility

VCAR vs. FSELX - Volatility Comparison

The current volatility for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) is 15.88%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 17.93%. This indicates that VCAR 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.

Volatility by Period

	VCAR	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.88%	17.93%	-2.05%
Volatility (6M) Calculated over the trailing 6-month period	41.68%	28.90%	+12.78%
Volatility (1Y) Calculated over the trailing 1-year period	57.85%	35.97%	+21.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.05%	39.57%	+11.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.14%	35.41%	+14.73%

VCAR vs. FSELX - Expense Ratio Comparison

VCAR has a 0.95% expense ratio, which is higher than FSELX's 0.68% expense ratio.

Dividends

VCAR vs. FSELX - Dividend Comparison

VCAR's dividend yield for the trailing twelve months is around 26.22%, more than FSELX's 8.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSELX Fidelity Select Semiconductors Portfolio	8.66%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%
VCAR Simplify Volt RoboCar Disruption and Tech ETF	26.22%	23.87%	0.62%	0.00%	0.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VCAR and FSELX in my portfolio?

VCAR and FSELX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCAR or FSELX?

FSELX has higher volatility (17.93%) compared to VCAR (15.88%). In terms of maximum drawdown, VCAR dropped -69.11% vs FSELX's -82.54%.

Which has better risk-adjusted returns?

FSELX currently has the higher Sharpe Ratio (4.48 vs -0.57), 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.