Fidelity Select Fundranker

Fundranker Blog—Average Monthly Returns

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

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