See what your fund actually adds
Fidelity Select Medical Technology and Devices Portfolio FSMEX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FSMEX | Replication |
|---|---|---|
| Annualized growth | 5.8% | 10.6% |
| Annualized volatility | 18.8% | 13.2% |
| Sharpe ratio | 0.39 | 0.83 |
| Maximum drawdown | 25.9% | 12.2% |
| Replication fit (R²) | 0.62 · Tracking error 11.5% | |
Replication portfolio
The published portfolio below is the investable basket used to model FSMEX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLV | Sector · Healthcare | 63.9% |
| VOT | Mid-Cap · Growth | 10.0% |
| VBK | Small-Cap · Growth | 9.5% |
| XLY | Sector · Cons Discr | 9.3% |
| VOX | Sector · Communication | 7.2% |