BackFidelity Select Defense & Aerospace Portfolio Overview
Fidelity Select Defense & Aerospace Portfolio

Fidelity Select Defense & Aerospace Portfolio Return on Equity

Fidelity Select Defense & Aerospace Portfolio (FSDAX) has a ROE of -0.77%, above the sector sector average of -5.84%.

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ROE

-0.77%

Return on Equity

-0.77%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

ROE (Comparison Companies)

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ROE History

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ROE Comparison

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Fidelity Select Defense & Aerospace Portfolio (FSDAX) FAQ

Fidelity Select Defense & Aerospace Portfolio (FSDAX) currently reports a ROE of -0.77%. That is above the sector sector average of -5.84%. Use the charts on this page to explore Fidelity Select Defense & Aerospace Portfolio's ROE history and peer comparisons.

Fidelity Select Defense & Aerospace Portfolio's ROE of -0.77% is higher than the its sector sector average of -5.84%. That is roughly 86.9% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

There is no universal 'good' ROE, but Fidelity Select Defense & Aerospace Portfolio's current -0.77% should be judged against industry norms (sector average: -5.84%) and against FSDAX's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current ROE of -0.77%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is -5.84%. From there, open related valuation or income-statement pages for Fidelity Select Defense & Aerospace Portfolio, and consider following FSDAX for alerts when major investors trade the stock.