Sunday, October 30, 2005

Observation on service vrs producers debate.

From the New York Times Business section, mutual fund performance listings today:

Fidelity Select Energy

1 year = +53.6
YTD = +43.3
4 weeks = - 8.4
1 week = + 5.0

Fidelity Select Energy Service

1 year = +50.7
YTD = +40.2
4 weeks = - 6.7
1 week = + 7.0

Notice that in the past month, Service has started outperforming the Energy fund.