Fidelity Water Sustainability Fund (FLOWX) belongs to the Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FLOWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLOWX
FLOWX charges 1.00% annually. There are 33 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | 11.80B | Oct 2004 | FLOWX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 7.10B | Nov 2001 | FLOWX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 7.10B | May 1984 | FLOWX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | FLOWX vs FMGIX | |
| T. Rowe Price New Era Fund | 0.56% | — | Jan 1969 | FLOWX vs PRNEX |
Best Risk-Adjusted Alternatives to FLOWX
FLOWX has a PortfoliosLab risk / return rank of 4. There are 85 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 97 | — | Dec 2013 | FLOWX vs MLOZX | |
| Victory Global Energy Transition Fund Class Y | 94 | — | May 2007 | FLOWX vs RSNYX | |
| Victory Global Energy Transition Fund | 94 | — | Nov 1995 | FLOWX vs RSNRX | |
| Delaware Ivy Energy Fund | 88 | — | Apr 2006 | FLOWX vs IEYYX | |
| EIP Growth and Income Fund (NEW) | 88 | — | Aug 2006 | FLOWX vs EIPIX |
Top Performing FLOWX Alternatives (YTD)
FLOWX is at -1.28% YTD. There are 86 mutual funds in the Energy Equities category with higher YTD returns, going as high as 55.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 55.57% | — | Jun 2006 | FLOWX vs OEPIX | |
| NXG Cushing® Midstream Energy Fund | 36.07% | — | Aug 2007 | FLOWX vs SRV | |
| Rydex Energy Services Fund | 34.99% | — | Mar 1998 | FLOWX vs RYVIX | |
| Recurrent MLP & Infrastructure Fund | 33.65% | — | Nov 2017 | FLOWX vs RMLPX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 32.43% | — | Dec 2013 | FLOWX vs MLOZX |
Lowest Volatility Alternatives to FLOWX
FLOWX has 15.34% 1-year volatility. There are 42 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.65% | — | Dec 2016 | FLOWX vs PAXDX | |
| Saratoga Energy & Basic Materials Fund | 9.77% | — | Oct 1997 | FLOWX vs SBMBX | |
| JHancock Infrastructure Fund | 10.04% | — | Dec 2013 | FLOWX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.09% | — | May 2004 | FLOWX vs CSUIX | |
| Centre Global Infrastructure Fund | 10.15% | — | Jan 2018 | FLOWX vs DHIVX |
Lowest Drawdown Alternatives to FLOWX
FLOWX has a 1-year max drawdown of -12.84%. There are 67 mutual funds in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | FLOWX vs PAXDX | |
| EIP Growth and Income Fund (NEW) | -4.51% | — | Aug 2006 | FLOWX vs EIPIX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | -4.71% | — | Dec 2013 | FLOWX vs MLOZX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | FLOWX vs GGINX | |
| Saratoga Energy & Basic Materials Fund | -5.66% | — | Oct 1997 | FLOWX vs SBMBX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 63 | 11.06% | — | Feb 1988 | FLOWX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 92 | 69.83% | — | Jul 1985 | FLOWX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 11.89% | — | — | FLOWX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 11.88% | — | — | FLOWX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 19 | 5.06% | — | — | FLOWX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 61 | 16.81% | — | Dec 1987 | FLOWX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.81% | 176.32B | May 1967 | FLOWX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 61 | 11.15% | — | — | FLOWX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 10.41% | — | Nov 1997 | FLOWX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 55 | 13.57% | — | Jun 2016 | FLOWX vs FTIHX |
Often Compared With FLOWX
Investors most often compare FLOWX with PHO, FIW, FSLEX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FLOWX with Any Fund or Stock
Compare FLOWX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLOWX with funds that move differently
Fidelity Water Sustainability Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLOWX.
Explore FLOWX Diversifiers