Correlation
The correlation between VIDAX and FSELX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
VIDAX vs. FSELX
Compare and contrast key facts about Delaware Tax-Free Idaho Fund (VIDAX) and Fidelity Select Semiconductors Portfolio (FSELX).
VIDAX is managed by Delaware Funds. It was launched on Jan 3, 1995. 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: VIDAX or FSELX.
Performance
VIDAX vs. FSELX - Performance Comparison
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Key characteristics
VIDAX:
0.09
FSELX:
-0.02
VIDAX:
0.07
FSELX:
0.22
VIDAX:
1.01
FSELX:
1.03
VIDAX:
0.02
FSELX:
-0.10
VIDAX:
0.06
FSELX:
-0.26
VIDAX:
2.41%
FSELX:
14.05%
VIDAX:
6.94%
FSELX:
47.01%
VIDAX:
-17.09%
FSELX:
-81.70%
VIDAX:
-6.05%
FSELX:
-12.22%
Returns By Period
In the year-to-date period, VIDAX achieves a -3.21% return, which is significantly higher than FSELX's -4.43% return. Over the past 10 years, VIDAX has underperformed FSELX with an annualized return of 1.85%, while FSELX has yielded a comparatively higher 23.75% annualized return.
VIDAX
-3.21%
-1.28%
-4.85%
0.63%
0.69%
0.63%
1.85%
FSELX
-4.43%
16.45%
-2.93%
-1.06%
27.55%
30.01%
23.75%
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VIDAX vs. FSELX - Expense Ratio Comparison
VIDAX has a 0.86% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
VIDAX vs. FSELX — Risk-Adjusted Performance Rank
VIDAX
FSELX
VIDAX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Tax-Free Idaho Fund (VIDAX) 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.
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Dividends
VIDAX vs. FSELX - Dividend Comparison
VIDAX's dividend yield for the trailing twelve months is around 3.42%, less than FSELX's 9.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIDAX Delaware Tax-Free Idaho Fund | 3.42% | 3.27% | 3.22% | 3.06% | 2.36% | 3.13% | 3.19% | 3.32% | 3.77% | 3.17% | 3.18% | 3.39% |
FSELX Fidelity Select Semiconductors Portfolio | 9.03% | 3.99% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 19.33% | 14.65% | 3.82% | 15.22% | 3.01% |
Drawdowns
VIDAX vs. FSELX - Drawdown Comparison
The maximum VIDAX drawdown since its inception was -17.09%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for VIDAX and FSELX.
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Volatility
VIDAX vs. FSELX - Volatility Comparison
The current volatility for Delaware Tax-Free Idaho Fund (VIDAX) is 1.07%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 10.26%. This indicates that VIDAX 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.
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