Fidelity Series Commodity Strategy Fund (FCSSX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Fidelity Series Commodity Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Series Commodity Strategy Fund (FCSSX) has returned 16.55% so far this year and 23.54% over the past 12 months. Over the last ten years, FCSSX has returned -1.11% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 2, 2009, FCSSX's average daily return is -0.01%, while the average monthly return is -0.08%.

Historically, 53% of months were positive and 47% were negative. The best month was Dec 2010 with a return of +10.6%, while the worst month was Sep 2022 at -58.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.

On a daily basis, FCSSX closed higher 48% of trading days. The best single day was Mar 1, 2022 with a return of +4.2%, while the worst single day was Sep 9, 2022 at -53.7%.

Fidelity Series Commodity Strategy Fund has an annualized alpha of -4.69%, beta of 0.28, and R² of 0.06 versus S&P 500 Index. Calculated based on daily prices since October 05, 2009.

• This fund participated in 94.08% of S&P 500 Index downside but only 33.62% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.28 may look defensive, but with R² of 0.06 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.06 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FCSSX has an expense ratio of 0.00%, meaning no management fees are charged.

FCSSX ranks 82 for risk / return — in the top 82% 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.

The table below present risk-adjusted performance metrics for Fidelity Series Commodity Strategy Fund (FCSSX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Series Commodity Strategy Fund provided a 2.31% dividend yield over the last twelve months, with an annual payout of $2.61 per share.

The table displays the monthly dividend distributions for Fidelity Series Commodity Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity Series Commodity Strategy 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 Series Commodity Strategy Fund was 73.85%, occurring on May 31, 2023. The portfolio has not yet recovered.

The current Fidelity Series Commodity Strategy Fund drawdown is 61.50%.

The chart below shows the rolling one-month volatility.