Fidelity Natural Resources Fund (FNARX)
The fund normally invests at least 80% of assets in securities of companies principally engaged in owning or developing natural resources, or supplying goods and services to such companies, and in precious metals. It invests primarily in common stocks and in certain precious metals. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
Fund Info
| ISIN | US3163904911 |
|---|---|
| CUSIP | 316390491 |
| Issuer | Fidelity |
| Inception Date | Mar 3, 1997 |
| Category | Energy Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
FNARX has a high expense ratio of 0.82%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Natural Resources Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Natural Resources Fund had a return of 18.11% year-to-date (YTD) and 29.28% in the last 12 months. Over the past 10 years, Fidelity Natural Resources Fund had an annualized return of 3.84%, while the S&P 500 had an annualized return of 10.84%, indicating that Fidelity Natural Resources Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.11% | 10.00% |
| 1 month | 0.99% | 2.41% |
| 6 months | 18.48% | 16.70% |
| 1 year | 29.28% | 26.85% |
| 5 years (annualized) | 14.94% | 12.81% |
| 10 years (annualized) | 3.84% | 10.84% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.32% | 2.72% | 10.78% | 1.38% | 18.11% | ||||||||
| 2023 | 7.54% | -4.33% | -1.33% | 1.78% | -10.10% | 7.94% | 9.20% | 1.60% | 1.74% | -7.38% | 0.71% | 0.80% | 6.41% |
| 2022 | 12.11% | 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% | 16.78% | 5.86% | -20.86% |
| 2019 | 11.31% | 1.79% | 2.07% | 2.94% | -9.94% | 8.88% | -2.74% | -4.19% | 2.08% | -2.16% | 1.35% | 8.15% | 19.09% |
| 2018 | 1.36% | -9.83% | 2.44% | 8.75% | 1.89% | 0.10% | 1.89% | -4.15% | -0.30% | -13.44% | -3.08% | -10.69% | -24.25% |
| 2017 | -0.69% | -4.08% | -0.45% | -4.44% | -4.01% | -2.11% | 3.07% | -5.59% | 9.60% | 0.07% | 2.41% | 7.32% | -0.11% |
| 2016 | -3.30% | -4.64% | 11.61% | 11.55% | -0.33% | 1.30% | -0.11% | 4.03% | 3.88% | -5.19% | 10.88% | -0.97% | 30.26% |
| 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% | -0.71% | -11.98% |
| 2013 | 6.67% | -0.87% | 2.82% | -2.14% | 1.02% | -2.74% | 5.99% | 1.18% | 3.90% | 4.15% | -3.76% | 0.97% | 17.87% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FNARX is 65, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FNARX (Fidelity Natural Resources Fund)
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.
Dividends
Dividend History
Fidelity Natural Resources Fund granted a 1.22% dividend yield in the last twelve months. The annual payout for that period amounted to $0.59 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.59 | $0.65 | $0.94 | $0.41 | $0.37 | $0.38 | $0.28 | $0.41 | $0.19 | $0.18 | $2.03 | $1.07 |
Dividend yield | 1.22% | 1.60% | 2.42% | 1.46% | 1.79% | 1.42% | 1.22% | 1.38% | 0.62% | 0.78% | 6.67% | 2.89% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 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 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.38 |
| 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 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.41 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.19 |
| 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 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 | $2.03 |
| 2013 | $1.07 | $1.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 70.83%, occurring on Mar 18, 2020. Recovery took 510 trading sessions.
The current Fidelity Natural Resources Fund drawdown is 1.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.83% | Jun 24, 2014 | 1444 | Mar 18, 2020 | 510 | Mar 25, 2022 | 1954 |
| -69.45% | Jun 24, 2008 | 105 | Nov 20, 2008 | 1402 | Jun 20, 2014 | 1507 |
| -35.35% | May 22, 2001 | 345 | Oct 9, 2002 | 348 | Mar 1, 2004 | 693 |
| -29.93% | Jun 8, 2022 | 25 | Jul 14, 2022 | 135 | Jan 26, 2023 | 160 |
| -21.18% | May 11, 2006 | 100 | Oct 3, 2006 | 116 | Mar 22, 2007 | 216 |
Volatility
Volatility Chart
The current Fidelity Natural Resources Fund volatility is 4.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.