iBankCoin
Joined Nov 11, 2007
1,458 Blog Posts

Fidelity Select Sector Rotational System Year-to-Date Results

See the year-to-date results of Version 1 and Version 2, as well as the top ranked Fidelity Select Sector funds, below.

Version 1 Results:

  • Net Profit: 3.84%
  • Max System Drawdown: -9.96%
  • Avg Profit / Loss: 1.14%
  • 11 Trades
  • 45.45% winners

The system is currently long FSUTX, FIUIX, FSRPX. Click here for the list of Fidelity Sector Funds.

Version 1 has ranked the top three Fidelity Select Sector Funds as follows:

  1. FSUTX
  2. FIUIX
  3. FBIOX

Version 2 Results (this version is in an evaluation period and is not being traded live):

  • Net Profit: -6.41%
  • Max System Drawdown: -9.66%
  • Avg Profit / Loss: -1.43%
  • 18 Trades
  • 33.33% winners

The system is currently long FSUTX, FIUIX, and FDFAX.

Version  2 has ranked the top three Fidelity Select Sector Funds as follows:

  1. FSUTX
  2. FIUIX
  3. FSTCX

This version is beginning to worry me. Specifically, it may be curve fit. We’ll give it a few more months and then review how it was constructed. You might remember we took great pains to ensure it wasn’t curve fit, but it might be anyway.

These systems are benchmarked against a SPY Buy and Hold, which year-to-date has gained 6.13%

I have written a ton about these systems. If you want to read more, look at the categories to the right: Fidelity Select Rotational Strategies.

 

 

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One comment

  1. gregor

    This one seems to have done somewhat better.

    http://seekingalpha.com/instablog/709762-varan/251242-a-low-drawdown-strategy-for-sector-rotation-for-fidelity-select-funds#comment-7218961

    The recent comments suggest a 12%+ return YTD.

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