VPCCX vs. FSENX

Last updated Aug 5, 2026

VPCCX (Vanguard PRIMECAP Core Fund) and FSENX (Fidelity Select Energy Portfolio) are both mutual funds - VPCCX is a Large Cap Blend Equities fund actively managed by Vanguard, while FSENX is a Energy Equities fund actively managed by Fidelity. Both are actively managed. Over the past 10 years, VPCCX returned 16.13%/yr vs 9.66%/yr for FSENX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. VPCCX charges 0.37%/yr vs 0.77%/yr for FSENX.

Performance

VPCCX vs. FSENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard PRIMECAP Core Fund (VPCCX) and Fidelity Select Energy Portfolio (FSENX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VPCCX achieves a 25.49% return, which is significantly lower than FSENX's 38.71% return. Over the past 10 years, VPCCX has outperformed FSENX with an annualized return of 16.13%, while FSENX has yielded a comparatively lower 9.66% annualized return.

VPCCX

• 1D: 0.87%
• 1M: -3.17%
• 6M: 16.76%
• YTD: 25.49%
• 1Y: 49.13%
• 3Y*: 25.81%
• 5Y*: 15.54%
• 10Y*: 16.13%
• ALL TIME*: 12.69%

FSENX

• 1D: -0.91%
• 1M: 10.48%
• 6M: 19.22%
• YTD: 38.71%
• 1Y: 49.48%
• 3Y*: 15.92%
• 5Y*: 26.00%
• 10Y*: 9.66%
• ALL TIME*: 8.27%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSENX Fidelity Select Energy Portfolio	$0.00	$0.00	$0.00
VPCCX Vanguard PRIMECAP Core Fund	$0.00	$0.00	$0.00

VPCCX vs. FSENX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VPCCX Vanguard PRIMECAP Core Fund	25.49%	29.96%	12.72%	23.58%	-12.43%	24.30%	12.04%	27.70%	-4.89%	26.27%
FSENX Fidelity Select Energy Portfolio	38.71%	10.56%	4.26%	0.94%	62.98%	55.31%	-32.51%	9.90%	-24.94%	-2.65%

Correlation

The correlation between VPCCX and FSENX is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.02
Correlation (3Y) Balances recent behavior with more history.	0.23
Correlation (5Y) Shows whether the relationship held over a longer period.	0.35
Correlation (10Y) Provides a long-term view across more market conditions.	0.47
Correlation (All Time) Calculated using the full available price history since Dec 9, 2004	0.59

The correlation between VPCCX and FSENX shifts across timeframes, from -0.02 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VPCCX vs. FSENX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VPCCX

VPCCX Risk / Return Rank: 94
VPCCX Sharpe Ratio Rank: 96
VPCCX Sortino Ratio Rank: 94
VPCCX Omega Ratio Rank: 90
VPCCX Calmar Ratio Rank: 96
VPCCX Martin Ratio Rank: 96

FSENX

FSENX Risk / Return Rank: 88
FSENX Sharpe Ratio Rank: 93
FSENX Sortino Ratio Rank: 87
FSENX Omega Ratio Rank: 82
FSENX Calmar Ratio Rank: 93
FSENX Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VPCCX vs. FSENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard PRIMECAP Core Fund (VPCCX) and Fidelity Select Energy Portfolio (FSENX). 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.

	VPCCX	FSENX	Difference
Sharpe ratio: Return per unit of total volatility	2.71	2.46	+0.25
Sortino ratio: Return per unit of downside risk	3.65	3.12	+0.53
Omega ratio: Gain probability vs. loss probability	1.47	1.39	+0.08
Calmar ratio: Return relative to maximum drawdown	4.91	4.04	+0.87
Martin ratio: Return relative to average drawdown	17.12	11.12	+6.00

VPCCX vs. FSENX - Sharpe Ratio Comparison

The current VPCCX Sharpe Ratio is 2.71, which is comparable to the FSENX Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of VPCCX and FSENX, 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

VPCCX vs. FSENX - Drawdown Comparison

The maximum VPCCX drawdown since its inception was -47.53%, smaller than the maximum FSENX drawdown of -76.24%. Use the drawdown chart below to compare losses from any high point for VPCCX and FSENX.

Drawdown Indicators

	VPCCX	FSENX	Difference
Max Drawdown Largest peak-to-trough decline	-47.53%	-76.24%	+28.71%
Max Drawdown (1Y) Largest decline over 1 year	-10.50%	-12.22%	+1.72%
Max Drawdown (3Y) Largest decline over 3 years	-19.92%	-25.85%	+5.93%
Max Drawdown (5Y) Largest decline over 5 years	-22.75%	-28.02%	+5.27%
Max Drawdown (10Y) Largest decline over 10 years	-34.60%	-72.11%	+37.51%
Current Drawdown Current decline from peak	-7.06%	-2.50%	-4.56%
Average Drawdown Average peak-to-trough decline	-5.73%	-16.97%	+11.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	4.43%	-1.43%

Volatility

VPCCX vs. FSENX - Volatility Comparison

Vanguard PRIMECAP Core Fund (VPCCX) and Fidelity Select Energy Portfolio (FSENX) have volatilities of 6.03% and 5.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VPCCX	FSENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.03%	5.92%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	16.15%	15.87%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	19.08%	20.09%	-1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.15%	27.00%	-8.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	30.81%	-11.87%

VPCCX vs. FSENX - Expense Ratio Comparison

VPCCX has a 0.37% expense ratio, which is lower than FSENX's 0.77% expense ratio.

Dividends

VPCCX vs. FSENX - Dividend Comparison

VPCCX's dividend yield for the trailing twelve months is around 13.75%, more than FSENX's 1.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSENX Fidelity Select Energy Portfolio	1.54%	1.95%	1.95%	1.98%	2.50%	2.25%	3.43%	1.84%	1.48%	1.74%	0.62%	1.29%
VPCCX Vanguard PRIMECAP Core Fund	13.75%	17.25%	7.17%	5.73%	8.40%	6.89%	7.89%	6.99%	9.45%	4.10%	5.52%	4.96%

Frequently Asked Questions

Can I hold both VPCCX and FSENX in my portfolio?

VPCCX and FSENX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VPCCX or FSENX?

VPCCX has higher volatility (6.03%) compared to FSENX (5.92%). In terms of maximum drawdown, VPCCX dropped -47.53% vs FSENX's -76.24%.

Which has better risk-adjusted returns?

VPCCX currently has the higher Sharpe Ratio (2.71 vs 2.46), 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.