Fidelity Select Health Care Portfolio (FSPHX) current share price is $24.38. The gold spot price is $4,825.20 per troy ounce. Using the formula: FSPHX in gold = $24.38 × 31.1035 ÷ $4,825.20 = 0.1572 grams of gold per share.
Over the past 20 years, FSPHX has a Real Wealth Growth Rate of -6.41% / yr. This means gold has been a better wealth preserver than holding FSPHX over this period.
"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.
