WQTM vs. FSELX

Last updated Jun 25, 2026

WQTM (WisdomTree Quantum Computing Fund) and FSELX (Fidelity Select Semiconductors Portfolio) are both funds - WQTM is a Technology Equities fund actively managed by WisdomTree, while FSELX is a Semiconductors fund managed by Fidelity. A 0.76 correlation means they provide meaningful diversification when combined. WQTM charges 0.45%/yr vs 0.68%/yr for FSELX.

Performance

WQTM vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Quantum Computing Fund (WQTM) 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, WQTM achieves a 41.85% return, which is significantly lower than FSELX's 75.83% return.

WQTM

• 1D: -2.86%
• 1M: -4.18%
• YTD: 41.85%
• 6M: 37.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSELX

• 1D: -7.03%
• 1M: 5.81%
• YTD: 75.83%
• 6M: 72.55%
• 1Y: 132.39%
• 3Y*: 65.08%
• 5Y*: 43.80%
• 10Y*: 39.03%

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

WQTM vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025
WQTM WisdomTree Quantum Computing Fund	41.85%	-13.35%
FSELX Fidelity Select Semiconductors Portfolio	75.83%	2.26%

Correlation

The correlation between WQTM and FSELX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.76

Return for Risk

WQTM vs. FSELX — Risk / Return Rank

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

WQTM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FSELX

FSELX Risk / Return Rank: 94
FSELX Sharpe Ratio Rank: 99
FSELX Sortino Ratio Rank: 88
FSELX Omega Ratio Rank: 86
FSELX Calmar Ratio Rank: 99
FSELX Martin Ratio Rank: 98

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.

WQTM vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Quantum Computing Fund (WQTM) 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.

	WQTM	FSELX	Difference
Sharpe ratio: Return per unit of total volatility	—	3.85	—
Sortino ratio: Return per unit of downside risk	—	3.92	—
Omega ratio: Gain probability vs. loss probability	—	1.55	—
Calmar ratio: Return relative to maximum drawdown	—	9.82	—
Martin ratio: Return relative to average drawdown	—	35.04	—

Drawdowns

WQTM vs. FSELX - Drawdown Comparison

The maximum WQTM drawdown since its inception was -26.13%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for WQTM and FSELX.

Drawdown Indicators

	WQTM	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-26.13%	-82.54%	+56.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-36.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-11.14%	-7.03%	-4.11%
Average Drawdown Average peak-to-trough decline	-11.57%	-28.67%	+17.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.02%	—

Volatility

Volatility by Period

	WQTM	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	43.40%	36.66%	+6.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.40%	39.70%	+3.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.40%	35.44%	+7.96%

WQTM vs. FSELX - Expense Ratio Comparison

WQTM has a 0.45% expense ratio, which is lower than FSELX's 0.68% expense ratio.

Dividends

WQTM vs. FSELX - Dividend Comparison

WQTM has not paid dividends to shareholders, while FSELX's dividend yield for the trailing twelve months is around 9.32%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSELX Fidelity Select Semiconductors Portfolio	9.32%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%
WQTM WisdomTree Quantum Computing Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WQTM and FSELX in my portfolio?

WQTM and FSELX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.