- Issuer
- Fidelity
- Inception Date
- Jun 14, 2021
- Category
- Global Equities
- Min. Investment
- $0
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FCAUX Performance Chart
Fidelity Climate Action Fund (FCAUX) is up 15.5% since the beginning of the year. FCAUX is currently trading at $17 per share. Investors who bought $1,000 worth of FCAUX shares 5 years ago would now be looking at an investment worth $1,751.
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Returns By Period
Fidelity Climate Action Fund (FCAUX) has returned 15.52% so far this year and 40.79% over the past 12 months.
Fidelity Climate Action Fund
- 1D
- 1.30%
- 1M
- 0.47%
- YTD
- 15.52%
- 6M
- 14.60%
- 1Y
- 40.79%
- 3Y*
- 22.40%
- 5Y*
- 11.85%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FCAUX Monthly Returns History
Based on dividend-adjusted daily data since Jun 15, 2021, FCAUX's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, an investment would double in approximately 5.6 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2026 with a return of +13.1%, while the worst month was Jan 2022 at -10.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FCAUX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +9.9%, while the worst single day was Apr 4, 2025 at -5.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.49% | -0.06% | -5.65% | 13.09% | 6.64% | -1.83% | 15.52% | ||||||
| 2025 | 3.50% | -4.57% | -6.93% | -0.27% | 8.44% | 4.10% | 2.05% | 2.78% | 4.80% | 5.95% | 0.68% | -0.07% | 21.27% |
| 2024 | 1.11% | 6.80% | 4.21% | -3.59% | 7.36% | 0.69% | 2.50% | 1.68% | 2.56% | -2.74% | 5.14% | -3.23% | 24.06% |
| 2023 | 7.69% | -2.68% | 3.10% | -1.33% | 0.23% | 5.74% | 2.46% | -1.35% | -6.32% | -4.61% | 10.14% | 5.93% | 19.06% |
| 2022 | -10.50% | -2.61% | 2.57% | -10.14% | -0.56% | -8.99% | 10.66% | -5.80% | -10.07% | 6.32% | 9.17% | -5.56% | -25.29% |
| 2021 | 1.60% | 2.66% | 4.03% | -5.53% | 9.17% | -1.52% | 1.09% | 11.40% |
Benchmark Metrics
Fidelity Climate Action Fund has an annualized alpha of -1.08%, beta of 1.08, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since June 15, 2021.
- This fund participated in 118.09% of S&P 500 Index downside but only 116.74% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.08 and R2 of 0.91, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.08%
- Beta
- 1.08
- R²
- 0.91
- Upside Capture
- 116.74%
- Downside Capture
- 118.09%
Expense Ratio
FCAUX has a high expense ratio of 1.04%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FCAUX ranks 81 for risk / return — in the top 81% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Climate Action Fund (FCAUX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCAUX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.86 | 2.78 | +1.08 |
| Martin ratioReturn relative to average drawdown | 16.61 | 12.44 | +4.17 |
Dividends
Dividend History
Fidelity Climate Action Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.15% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Climate Action Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Climate Action Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Climate Action Fund was 35.11%, occurring on Oct 14, 2022. Recovery took 397 trading sessions.
The current Fidelity Climate Action Fund drawdown is 2.39%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -35.11%Oct 2022 | 10mo 26d | 1y 7mo | 2y 5moNov 2021 - May 2024 |
2025 selloff2025 | -23.34%Apr 2025 | 2mo 14d | 3mo 15d | 5mo 29dJan 2025 - Jul 2025 |
2026 correction2026 | -10.47%Mar 2026 | 1mo 2d | 16d | 1mo 18dFeb 2026 - Apr 2026 |
2024 pullback2024 | -9.28%Aug 2024 | 19d | 1mo 15d | 2mo 4dJul 2024 - Sep 2024 |
2021 pullback2021 | -7.12%Oct 2021 | 1mo 1d | 21d | 1mo 22dSep 2021 - Oct 2021 |
Drawdown Indicators
| FCAUX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.11% | -56.78% | +21.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.47% | -9.10% | -1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -23.34% | -18.90% | -4.44% |
Max Drawdown (5Y)Largest decline over 5 years | -35.11% | -25.43% | -9.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.39% | -1.80% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -10.81% | -10.71% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 2.03% | +0.40% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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