Summary
Fidelity Select Defense & Aerospace Portfolio is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 34. The ten largest make up 74% of the fund.
- Positions
- 34
- Dividend yield
- 2.33%
What speaks for it
- Average yearly growth over the last ten years: 7.5%.
What to watch
- The ten largest positions make up 74% of the fund, so its result rests on a few names.
- In the last five years its price once dropped by 35% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.9%
- 3 months
- -10.0%
- This year
- -2.5%
- 1 year
- -1.4%
- 3 years
- +68%
- 5 years
- +40%
- 10 years
- +107%
- Avg. market cap
- $158.9B
- P/E
- 33.6x
- Forward P/E
- 27.5x
- P/S
- 3.0x
- P/B
- 6.4x
- P/FCF
- 31.3x
- EV/EBITDA
- 21.7x
- Dividend yield
- 0.65%
- ROIC
- 8.2%
- ROE
- 28.1%
- Gross margin
- 26.1%
- Operating margin
- 13.6%
- Net margin
- 10.9%
- Payout ratio
- 21.7%
- Net debt/EBITDA
- 2.0x
- Beta
- 0.96
Weighted average of the 31 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 GEGeneral Electric Company GE 23%
- 2 RTRTX RTX 15%
- 3 BABoeing BA 11%
- 4 HWHowmet Aerospace HWM 4.8%
- 5 HEHEICO Corporation HEI-A 4.5%
- 6 GDGeneral Dynamics GD 4.2%
- 7 CRCarpenter CRS 3.0%
- 8 AXAxon Enterprise AXON 2.8%
- 9 TDTransDigm TDG 2.8%
- 10 CWCurtiss-Wright CW 2.8%
Positions in the fund: 34. The ten largest make up 74% of it.
Composition as of Oct 18, 2026.
Where is it spread?
By company size
- Mega cap 40%
- Large cap 56%
- Mid cap 3.3%
- Small cap 0.00%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest size group: Large cap (56%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing over the long run- A year on average, 10 years
- +7.5%
- Deepest drop
- -35%
- Yearly volatility
- 24%
Average yearly growth over the last ten years: 7.5%. Deepest drop in these years: 35% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.33%
- Payments a year
- 2
- Last payment
- $0.08
Over the last 12 months it paid $0.59 per share, which is 2.33% of today's price. The last payment was $0.08 on Apr 10, 2026.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 33.6
- Average Bulios Score
- 57 out of 100
Weight by Bulios Fair Price
- Undervalued 11%
- Fairly valued 3.9%
- Overvalued 85%
On average the companies inside trade for 33.6 times their yearly profit. By Fair Price, 85% of the rated weight comes out as overvalued.
Counted from its largest companies (31), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IT ITA iShares U.S. Aerospace & Defense ETF | United States | 0.37% | $12.1B | -0.9% | Pays out | 76% |
DF DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | United States | 0.96% | $385.6M | -31% | Pays out | 56% |
PP PPA Invesco Aerospace & Defense ETF | United States | 0.58% | $7.42B | +0.6% | Pays out | 54% |
MI MISL First Trust Indxx Aerospace & Defense ETF | United States | 0.60% | $193.7M | -3.8% | Pays out | 52% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.6M | - | Pays out | 52% |
NA NATO Themes ETF Trust - Themes Transatlantic Defense ETF | United States | 0.35% | $91.1M | -4.2% | Reinvests | 50% |
