Nothing special here, just some
info to satisfy my curiosity.
If you take a look and some of the top
funds that own Large Cap Growth stocks,
and then look at what they hold, there
is quite a variety after the top 4 or 5 stocks (i.e., lack of overlap)
I found this to be true of sector stocks.
Below, here are the names similar sector funds/ETFs
Then I took the Consumer discretionary and
broke down what they were holding. The
Fidelity one had a much higher rate turnover (55%)
so it's anyone's guess what they are holding
at any one time.
Materials Select Sector SPDR ETF (XLB) Fidelity Select Materials (FSDPX)
Industrial Select Sector SPDR ETF (XLI) Fidelity Select Industrials (FCYIX)
Energy Select Sector SPDR ETF (XLE) Fidelity Select Energy (FSENX)
Technology Select Sector SPDR ETF (XLK) Fidelity Select Technology (FSPTX)
Financial Select Sector SPDR ETF (XLF) Fidelity Select Financial Services Port (FIDSX)
Consumer Staples Select Sector SPDR ETF (XLP) Fidelity Select Consumer Staples Port (FDFAX)
Utilities Select Sector SPDR ETF (XLU) Fidelity Select Utilities (FSUTX)
Health Care Select Sector SPDR ETF (XLV) Fidelity Select Health Care (FSPHX)
Consumer Discret Sel Sect SPDR ETF (XLY) Fidelity Select Consumer Discret Port (FSCPX)
And here is how these two, although both cons. discretionary
very in holdings. So if TSLA zooms, so does XLY over FSCPX.
FSCPX XLY Average
AMZN 22.6% 22.2% 22.4%
TSLA 9.9% 18.5% 14.2%
HD 5.8% 4.5% 5.1%
NKE 3.8% 4.6% 4.2%
LOW 3.3% 4.3% 3.8%
SBUX 3.5% 3.5%
BKNG 1.6% 3.3% 2.5%
TJX 2.5% 2.4% 2.4%
TGT 2.4% 2.4%
HLT 2.2% 2.2%
DG 2.2% 2.2%
EBAY 1.9% 2.2% 2.0%
ROST 1.3% 2.7% 2.0%
DLTR 1.6% 1.6%
LEN 1.9% 1.0% 1.5%
MCD 1.6% 1.3% 1.4%
CPRI 1.3% 1.3%
BURL 1.2% 1.0% 1.1%
PVH 1.2% 1.0% 1.1%
TPR 1.0% 1.0%
GM 1.0% 1.0%
F 1.0% 1.0%
CZR 1.0% 0.8% 0.9%
DECK 1.0% 0.8% 0.9%
CMG 4.8% 4.8%
ORLY 2.0% 2.0%
APTV 2.0% 2.0%
AZO 1.2% 1.2%
CHDN 1.1% 1.1%
LULU 1.1% 1.1%
YUM 1.1% 1.1%
FND 1.0% 1.0%
DHI 0.9% 0.9%
I have found that when one particular sector is doing well,
say, energy, I buy both the SPDR and the Fidelity ones.
5 Likes
If you use portfoliovisualizer, you might want to take
a peek at this one.
I use all the 18 sector tickers from my previous post.
Sector Model Vanguard 500 Index
Initial Balance $10,000 $10,000
Final Balance $247,929 $51,547
**CAGR 20.7% 10.1%**
Best Year 63.7% 32.2%
Worst Year -19.8% -37.0%
Max. Drawdown -43.91% -50.97%
[https://www.portfoliovisualizer.com/test-market-timing-model...](https://www.portfoliovisualizer.com/test-market-timing-model?s=y&coreSatellite=false&timingModel=4&timePeriod=4&startYear=2005&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&periodicAdjustment=0&adjustmentAmount=0&inflationAdjusted=true&adjustmentPercentage=0.0&adjustmentFrequency=4&symbols=FCYIX%09FDFAX%09FIDSX%09FSCPX%09FSDPX%09FSENX%09FSPHX%09FSPTX%09FSUTX%09XLB%09XLE%09XLF%09XLI%09XLK%09XLP%09XLU%09XLV%09XLY&singleAbsoluteMomentum=false&volatilityTarget=9.0&downsideVolatility=false&outOfMarketStartMonth=5&outOfMarketEndMonth=10&outOfMarketAssetType=1&movingAverageSignal=1&movingAverageType=1&multipleTimingPeriods=true&periodWeighting=2&windowSize=3&windowSizeInDays=105&movingAverageType2=1&windowSize2=10&windowSizeInDays2=105&excludePreviousMonth=false&normalizeReturns=false&volatilityWindowSize=0&volatilityWindowSizeInDays=0&assetsToHold=1&allocationWeights=1&riskControlType=0&riskWindowSize=10&riskWindowSizeInDays=0&stopLossMode=0&stopLossThreshold=2.0&stopLossAssetType=1&rebalancePeriod=1&separateSignalAsset=false&tradeExecution=0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&comparedAllocation=-1&benchmark=VFINX&timingPeriods%5B0%5D=10&timingUnits%5B0%5D=2&timingWeights%5B0%5D=70&timingPeriods%5B1%5D=4&timingUnits%5B1%5D=2&timingWeights%5B1%5D=30&timingUnits%5B2%5D=2&timingWeights%5B2%5D=0&timingUnits%5B3%5D=2&timingWeights%5B3%5D=0&timingUnits%5B4%5D=2&timingWeights%5B4%5D=0&volatilityPeriodUnit=2&volatilityPeriodWeight=0)
3 Likes