The Fund Grade · free · no account needed

What grade does FSHCX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

B

Fundprints Fund Grade · as of 2026-10-30

Fidelity Select Health Care Svcs Port

#72 of 363 graded active funds · blend · large segment peer group

The point · specialist footprint

FSHCX puts more of its book behind proven specialists than 87% of graded funds.

Bottom 20%

Bottom 40%

Middle

Top 40%

● Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.

10,000+ funds tracked · the graded specialists among them drive every read

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

FSHCX vs the Honor Roll · share card ↗

Conviction exposure

41.1%

of the book in specialist-converged names

Late-stage weight

5.7%

of the book in Crowded or Fading names

Active share

99.1%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-30

Early Conviction
BTSG 5.2%MCK 4.7%THC 3%+4 locked
Consensus
UNH 24.1%CVS 12.7%ELV 10.4%+14 locked
Emerging
DVA 2%MDLN 0%HSIC 0%
Crowded
WAY 0%
Fading
ALHC 2.5%PRVA 2%HIMS 0.2%

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

Support leaving these positions

ALHC 2.5% of the fund · Fading

PRVA 2% of the fund · Fading

HIMS 0.2% of the fund · Fading

WAY 0% of the fund · Crowded

Where it's genuinely early

BTSG 5.2% of the fund · Early Conviction

MCK 4.7% of the fund · Early Conviction

THC 3% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

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