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Fidelity Natural Resources Fund (FNARX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3163904911

CUSIP

316390491

Issuer

Fidelity

Inception Date

Mar 3, 1997

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Value

Expense Ratio

FNARX has an expense ratio of 0.82%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

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


Performance

Performance Chart


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Returns By Period

Fidelity Natural Resources Fund (FNARX) returned 5.45% year-to-date (YTD) and -7.01% over the past 12 months. Over the past 10 years, FNARX returned 4.50% annually, underperforming the S&P 500 benchmark at 10.69%.


FNARX

YTD

5.45%

1M

7.99%

6M

-2.53%

1Y

-7.01%

5Y*

22.98%

10Y*

4.50%

^GSPC (Benchmark)

YTD

-0.64%

1M

8.97%

6M

-2.62%

1Y

11.90%

5Y*

15.76%

10Y*

10.69%

*Annualized

Monthly Returns

The table below presents the monthly returns of FNARX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.33%1.03%6.02%-7.51%4.01%5.45%
20240.32%2.72%10.78%1.38%1.53%-2.63%2.43%-1.93%-2.91%-0.70%1.91%-8.09%3.76%
20237.54%-4.33%-1.33%1.78%-10.10%7.94%9.20%1.60%1.74%-7.38%0.71%0.80%6.41%
202212.11%8.05%9.21%-2.04%10.46%-18.05%7.55%1.21%-10.50%23.26%4.32%-4.04%41.01%
2021-0.44%13.27%2.89%5.99%8.46%-0.36%-5.52%-1.08%5.28%8.55%-5.89%4.32%39.34%
2020-9.94%-13.51%-33.61%32.11%1.66%0.38%1.90%2.66%-10.21%-2.25%16.77%5.86%-20.86%
201911.31%1.79%2.07%2.65%-9.94%8.88%-2.74%-4.19%2.09%-2.16%1.35%8.13%18.72%
20181.36%-9.83%2.44%8.74%1.89%0.10%1.89%-4.15%-0.29%-13.45%-3.08%-10.69%-24.25%
2017-0.69%-4.08%-0.45%-4.52%-4.01%-2.11%3.07%-5.59%9.60%0.07%2.41%7.32%-0.19%
2016-3.30%-4.64%11.61%11.18%-0.33%1.30%-0.11%4.03%3.88%-5.19%10.88%-0.97%29.82%
2015-0.69%4.27%-1.33%7.85%-5.37%-4.48%-9.57%-2.23%-9.41%11.83%-0.66%-11.59%-21.65%
2014-3.60%6.41%1.51%5.20%0.95%6.98%-4.52%3.14%-9.67%-6.89%-9.52%-6.04%-16.70%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FNARX is 8, meaning it’s performing worse than 92% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FNARX is 88
Overall Rank
The Sharpe Ratio Rank of FNARX is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of FNARX is 1010
Sortino Ratio Rank
The Omega Ratio Rank of FNARX is 1010
Omega Ratio Rank
The Calmar Ratio Rank of FNARX is 55
Calmar Ratio Rank
The Martin Ratio Rank of FNARX is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Natural Resources Fund (FNARX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity Natural Resources Fund Sharpe ratios as of May 13, 2025 (values are recalculated daily):

  • 1-Year: -0.32
  • 5-Year: 0.84
  • 10-Year: 0.16
  • All Time: 0.25

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity Natural Resources Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Fidelity Natural Resources Fund provided a 1.60% dividend yield over the last twelve months, with an annual payout of $0.70 per share.


0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.70$0.63$0.65$0.94$0.41$0.37$0.30$0.28$0.39$0.11$0.18$0.38

Dividend yield

1.60%1.51%1.60%2.42%1.46%1.79%1.12%1.22%1.30%0.35%0.78%1.24%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.07$0.00$0.07
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.63$0.63
2023$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.59$0.65
2022$0.00$0.00$0.00$0.19$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.75$0.94
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.41$0.41
2020$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.36$0.37
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.30$0.30
2018$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.26$0.28
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.39$0.39
2016$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.10$0.11
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2014$0.23$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.38

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 Natural Resources 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 Natural Resources Fund was 72.60%, occurring on Mar 18, 2020. Recovery took 554 trading sessions.

The current Fidelity Natural Resources Fund drawdown is 8.74%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-72.6%Jun 24, 20141444Mar 18, 2020554May 27, 20221998
-69.45%Jun 24, 2008105Nov 20, 20081402Jun 20, 20141507
-35.35%May 22, 2001345Oct 9, 2002348Mar 1, 2004693
-29.93%Jun 8, 202225Jul 14, 2022135Jan 26, 2023160
-21.18%May 11, 2006100Oct 3, 2006116Mar 22, 2007216

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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