Fidelity Climate Action Fund (FCAUX) Sharpe Ratio: 2.75

FCAUX's Sharpe Ratio of 2.75 indicates that for each unit of volatility, it generates 2.75 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 6, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

FCAUX Sharpe Ratio Rank

Exceptional

FCAUX ranks above 86.2% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

FCAUX Sharpe Ratio Market Positioning

The chart shows FCAUX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 1.36 or lower
Yellow zone (middle 50%): 1.36 to 2.44
Green zone (top 25%): 2.44 or higher
Top 1%: 4.52+
Median: 2.03 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Climate Action Fund's Sharpe Ratio with other mutual funds in the Global Equities category across multiple time periods, showing how FCAUX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 6, 2026.

Symbol	Name	1Y Sharpe Ratio
VGPMX	Vanguard Global Capital Cycles Fund	3.80
LVAGX	LSV Global Value Fund	3.70
GCCHX	GMO Climate Change Fund	3.39
GMGEX	GMO Global Equity Allocation Fund	3.31
EPSYX	MainStay Epoch Global Equity Yield Fund	3.31
JGYIX	John Hancock Global Shareholder Yield Fund	3.27
PGVFX	Polaris Global Value Fund	3.27
PGTIX	T. Rowe Price Global Technology Fund I Class	3.24
PGEKX	Victory Pioneer Global Equity Fund Class R6	3.14
MDGCX	BlackRock Advantage Global Fund, Inc.	3.11
FCAUX	Fidelity Climate Action Fund	2.75

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

The chart shows FCAUX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FCAUX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FCAUX fit in your portfolio?

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