XITK vs. FSCSX
Compare and contrast key facts about SPDR FactSet Innovative Technology ETF (XITK) and Fidelity Select Software & IT Services Portfolio (FSCSX).
XITK is a passively managed fund by State Street that tracks the performance of the FactSet Innovative Technology Index. It was launched on Jan 13, 2016. FSCSX 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: XITK or FSCSX.
Correlation
The correlation between XITK and FSCSX is 0.79, 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
XITK vs. FSCSX - Performance Comparison
Key characteristics
XITK:
1.24
FSCSX:
0.13
XITK:
1.75
FSCSX:
0.30
XITK:
1.22
FSCSX:
1.04
XITK:
0.59
FSCSX:
0.11
XITK:
5.13
FSCSX:
0.30
XITK:
5.66%
FSCSX:
9.01%
XITK:
23.48%
FSCSX:
20.42%
XITK:
-65.56%
FSCSX:
-58.42%
XITK:
-27.71%
FSCSX:
-11.53%
Returns By Period
In the year-to-date period, XITK achieves a 8.71% return, which is significantly higher than FSCSX's 7.36% return.
XITK
8.71%
6.98%
29.35%
25.79%
9.44%
N/A
FSCSX
7.36%
5.52%
10.47%
0.61%
6.86%
10.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XITK vs. FSCSX - Expense Ratio Comparison
XITK has a 0.45% expense ratio, which is lower than FSCSX's 0.67% expense ratio.
Risk-Adjusted Performance
XITK vs. FSCSX — Risk-Adjusted Performance Rank
XITK
FSCSX
XITK vs. FSCSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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
XITK vs. FSCSX - Dividend Comparison
Neither XITK nor FSCSX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XITK SPDR FactSet Innovative Technology ETF | 0.00% | 0.00% | 0.08% | 0.11% | 0.00% | 0.06% | 0.14% | 1.50% | 1.74% | 1.88% | 0.00% | 0.00% |
FSCSX Fidelity Select Software & IT Services Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.23% | 0.04% | 0.00% | 0.03% | 2.35% | 10.43% |
Drawdowns
XITK vs. FSCSX - Drawdown Comparison
The maximum XITK drawdown since its inception was -65.56%, which is greater than FSCSX's maximum drawdown of -58.42%. Use the drawdown chart below to compare losses from any high point for XITK and FSCSX. For additional features, visit the drawdowns tool.
Volatility
XITK vs. FSCSX - Volatility Comparison
SPDR FactSet Innovative Technology ETF (XITK) has a higher volatility of 7.09% compared to Fidelity Select Software & IT Services Portfolio (FSCSX) at 5.70%. This indicates that XITK's price experiences larger fluctuations and is considered to be riskier than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.