Fidelity Select Fundranker

Fundranker Blog—September 2009 Archive

Average Monthly Returns

Fidelity Select Fundranker has monitored Nasdaq Composite Index performance (as measured by Fidelity Nasdaq Composite Index Fund) since October, 2003 and S&P 500 Index performance (as measured by Fidelity Spartan 500 Index Fund) since January, 1997. For October, 2003, through August, 2009, Fundranker’s Top Eight Model Portfolio and the Nasdaq Composite Index both had five months with negative average returns. For January, 1997, through August, 2009, Fundranker’s Top Eight Model Portfolio had only three months with negative average returns, while the S&P 500 Index had five months with negative average returns. Here’s a chart of average returns that compares Fundranker’s average monthly returns to those of the Nasdaq Composite Index over nearly six years from October, 2003, through August, 2009, and Fundranker’s average monthly returns to those of the S&P 500 Index over nearly 13 years from January, 1997, through August, 2009:

Average Chart

Fundranker outperformed the Nasdaq Composite Index for only four of 12 months, but its average monthly return over the nearly six-year period topped that of the Nasdaq Composite Index by a little. Fundranker outperformed the S&P 500 Index for eight of 12 months, and its average monthly return over the nearly 13-year period was significantly better that of the S&P 500 Index.

Posted 9/20/09 7:58pm ET in Fundranker, Market | Permalink | Comments (0)

September Surge

Yardeni Research reports that, going back to 1926, September is the only month with a negative average return. Well, September made an exception through the first half of the month this year; the market rose seven of 10 trading days through September 15. Over that time period, Fundranker's Top Eight Model Portfolio outperformed the Nasdaq Composite Index (as measured by Fidelity Nasdaq Composite Index Fund) and the S&P 500 Index (as measured by Fidelity Spartan 500 Index Fund):

Partial September Chart

Posted 9/16/09 10:23am ET in Fundranker, Market | Permalink | Comments (0)

Fundranker Upturns September Update

Fundranker’s Top Eight Model Portfolio has gone up another month since we last reviewed Fundranker’s upturns. The table below shows Fundranker’s multi-month gains and compares them to returns of the Nasdaq Composite (as measured by Fidelity Nasdaq Composite Index Fund) and the S&P 500 (as measured by the Fidelity Spartan 500 Index Fund) over the same time periods. Since we didn’t start tracking the Nasdaq Composite until October, 2003, its returns are shown starting in 2004:

      FSF Nasdaq S&P 500
     Period Months Return  Return   Return
Apr/Jul 1997     4 30.508    26.737 
Nov/Dec 1997     2 3.682    6.342 
Feb/Apr 1998     3 16.283    13.686 
Sep/Jan 1999     5 57.092    34.423 
Mar/Apr 1999     2 12.267    8.028 
Oct/Feb 2000     5 79.523    6.960 
Apr/May 2001     2 5.270    8.454 
Nov/May 2002     7 24.740    1.461 
Apr/Aug 2003     5 27.002    19.657 
Oct/Feb 2004     5 22.058  13.227  15.740 
May/Jun 2004     2 5.001  6.771  3.309 
Sep/Dec 2004     4 15.808  18.259  10.379 
May/Sep 2005     5 26.361  12.312  7.029 
Nov/Jan 2006     3 22.953  8.880  6.555 
Mar/Apr 2006     2 8.780  1.820  13.073 
Nov/Jan 2007     3 7.126  13.073  11.059 
Mar/Jun 2007     4 9.584  7.986  7.446 
Aug/Oct 2007     3 14.491  12.500  6.942 
Apr/Jun 2008     3 13.553  0.761  (2.739)
Mar/August 2009     6 34.676  46.192  40.580 

Fundranker’s current upturn of six months is just one month short of our record upturn of seven months and places third in the list by percentage gain. Fundranker is up again so far in September, so perhaps we'll get to add another month to this upturn to match our seven-month record. September, a historically poor month for the stock market, has only been part of three previous Fundranker upturns.

Over all the upturns, Fundranker now has an average gain of 21.838%; the S&P 500 gained only 11.732% on average. Over the 11 upturns during which we tracked the Nasdaq Composite, Fundranker now has an average gain of 16.399%; the Nasdaq Composite gained only 12.899% on average. See our Fundranker Upturns August Update post for earlier information.

Although past results are never an assurance of future performance, it’s still great to know that Fundranker regularly outperforms the Nasdaq Composite and S&P 500 indexes.

Posted 9/10/09 8:25pm ET in Fundranker, Market | Permalink | Comments (0)