Fidelity® Select Portfolios Air Transportation Portfolio (FSAIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in the regional- national- and international movement of passengers- mail- and freight via aircraft. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position- as well as market and economic conditions to select investments. The fund is non-diversified.


1 month+1.21% 3 years+11.46%
3 months+0.22% 5 years+17.48%
1 year+22.32% Since inception+11.44%
Data through --

Peer Comparisonvs. Industrials

Performance 5-yr return+17.48%+16.00%
Expense ratio0.85%1.23%
Risk 5 year sharpe ratio1.311.08
Net assets$382.5M$547.2M
Average market cap$20.1B$5.5B
Average P/E19.218.6
Portfolio turnover106%106%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMatthew Moulis / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


U.S. stock93.69%
International stock3.60%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service 63.56%
Industrial materials 36.44%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
UPS UPS11.98%
DAL Delta Air Lines10.38%
LUV Southwest Airlines9.10%
UTX United Technologies7.02%
EXPD Expeditors International of Washington Inc6.47%
SPR Spirit AeroSystems Holdings Inc5.87%
AAL American Airlines4.08%
TDG TransDigm Group Inc3.75%
FDX FedEx3.59%
ALK Alaska Air Group Inc3.58%