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 35 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% | 11.00B | Oct 2004 | FLOWX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 6.90B | Nov 2001 | FLOWX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 6.90B | 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 13. There are 87 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Global Energy Transition Fund | 96 | — | Nov 1995 | FLOWX vs RSNRX | |
| Victory Global Energy Transition Fund Class Y | 96 | — | May 2007 | FLOWX vs RSNYX | |
| Recurrent MLP & Infrastructure Fund | 92 | — | Nov 2017 | FLOWX vs RMLPX | |
| Vanguard Energy Fund Admiral Shares | 91 | 6.90B | Nov 2001 | FLOWX vs VGELX | |
| Franklin Natural Resources Fund | 91 | — | Jun 1995 | FLOWX vs FRNRX |
Top Performing FLOWX Alternatives (YTD)
FLOWX is at 3.38% YTD. There are 89 mutual funds in the Energy Equities category with higher YTD returns, going as high as 46.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 46.27% | — | Jun 2006 | FLOWX vs OEPIX | |
| Recurrent MLP & Infrastructure Fund | 39.36% | — | Nov 2017 | FLOWX vs RMLPX | |
| Fidelity Select Energy Portfolio | 38.84% | — | Jul 1981 | FLOWX vs FSENX | |
| Guinness Atkinson Global Energy Fund | 36.50% | — | Jun 2004 | FLOWX vs GAGEX | |
| Vanguard Energy Index Fund Admiral Shares | 33.62% | 11.00B | Oct 2004 | FLOWX vs VENAX |
Lowest Volatility Alternatives to FLOWX
FLOWX has 15.04% 1-year volatility. There are 39 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.12%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.12% | — | Dec 2016 | FLOWX vs PAXDX | |
| Saratoga Energy & Basic Materials Fund | 9.77% | — | Oct 1997 | FLOWX vs SBMBX | |
| JHancock Infrastructure Fund | 9.99% | — | Dec 2013 | FLOWX vs JEEIX | |
| Centre Global Infrastructure Fund | 10.11% | — | Jan 2018 | FLOWX vs DHIVX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.13% | — | May 2004 | FLOWX vs CSUIX |
Lowest Drawdown Alternatives to FLOWX
FLOWX has a 1-year max drawdown of -12.84%. There are 69 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 | -4.51% | — | Aug 2006 | FLOWX vs EIPIX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | FLOWX vs GGINX | |
| Saratoga Energy & Basic Materials Fund | -5.66% | — | Oct 1997 | FLOWX vs SBMBX | |
| Invesco SteelPath MLP Alpha Fund | -5.93% | — | Mar 2010 | FLOWX vs MLPOX |
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 | 64 | 9.35% | — | Feb 1988 | FLOWX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FLOWX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FLOWX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FLOWX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FLOWX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FLOWX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FLOWX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FLOWX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FLOWX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FLOWX vs FTIHX |
Often Compared With FLOWX
Investors most often compare FLOWX with PHO, FIW, FSLEX. These 20 comparison targets span 12 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