- ISIN
- US3163904911
- CUSIP
- 316390491
- Issuer
- Fidelity
- Inception Date
- Mar 3, 1997
- Category
- Energy Equities
- Min. Investment
- $0
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FNARX Performance Chart
Fidelity Natural Resources Fund (FNARX) is up 24.4% since the beginning of the year. FNARX is currently trading at $65 per share. Investors who bought $1,000 worth of FNARX shares 5 years ago would now be looking at an investment worth $2,766.
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Compare this symbol against anything
Returns By Period
Fidelity Natural Resources Fund (FNARX) has returned 24.42% so far this year and 42.38% over the past 12 months. Over the last ten years, FNARX has returned 11.17% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Natural Resources Fund
- 1D
- 1.40%
- 1M
- 8.41%
- 6M
- 11.26%
- YTD
- 24.42%
- 1Y
- 42.38%
- 3Y*
- 17.31%
- 5Y*
- 22.57%
- 10Y*
- 11.17%
- ALL TIME*
- 8.51%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FNARX Monthly Returns History
Based on dividend-adjusted daily data since Feb 28, 1997, FNARX's average daily return is +0.05%, while the average monthly return is +0.96%. At this rate, an investment would double in approximately 6.0 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2020 with a return of +32.1%, while the worst month was Mar 2020 at -33.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.
On a daily basis, FNARX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +18.2%, while the worst single day was Mar 9, 2020 at -19.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.83% | 11.53% | 4.31% | -1.58% | -4.01% | -7.65% | 9.63% | 24.42% | |||||
| 2025 | 2.33% | 1.03% | 6.02% | -7.51% | 5.04% | 5.52% | 1.48% | 5.58% | 3.42% | -1.68% | 5.04% | 0.08% | 28.67% |
| 2024 | 0.32% | 2.72% | 10.78% | 1.38% | 1.53% | -2.63% | 2.43% | -1.93% | -2.91% | -0.70% | 1.91% | -8.09% | 3.76% |
| 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% |
Benchmark Metrics
Fidelity Natural Resources Fund has an annualized alpha of 2.94%, beta of 0.98, and R2 of 0.45 versus S&P 500 Index. Calculated based on daily prices since February 28, 1997.
- R2 of 0.45 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.94%
- Beta
- 0.98
- R²
- 0.45
- Upside Capture
- 98.52%
- Downside Capture
- 95.99%
Expense Ratio
FNARX has an expense ratio of 0.69%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FNARX ranks 82 for risk / return — above 82% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Natural Resources Fund (FNARX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FNARX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.25 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 2.00 | +1.02 |
| Martin ratioReturn relative to average drawdown | 9.64 | 8.49 | +1.15 |
Dividends
Dividend History
Fidelity Natural Resources Fund provided a 1.76% dividend yield over the last twelve months, with an annual payout of $1.15 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.15 | $0.99 | $0.63 | $0.65 | $0.94 | $0.41 | $0.37 | $0.38 | $0.26 | $0.41 | $0.19 | $0.18 |
Dividend yield | 1.76% | 1.89% | 1.51% | 1.60% | 2.42% | 1.46% | 1.79% | 1.42% | 1.17% | 1.38% | 0.62% | 0.78% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.23 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 | $0.99 |
| 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 |
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 71.04%, occurring on Mar 18, 2020. Recovery took 510 trading sessions.
The current Fidelity Natural Resources Fund drawdown is 4.57%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-71.04%Mar 2020 | 5y 8mo | 2y 7d | 7y 9moJun 2014 - Mar 2022 | COVID crash2020 |
-69.45%Nov 2008 | 4mo 29d | 5y 7mo | 6yJun 2008 - Jun 2014 | Financial crisis2007–2009 |
-38.68%Aug 1998 | 10mo 27d | 11mo 15d | 1y 10moOct 1997 - Aug 1999 | — |
-35.45%Oct 2002 | 1y 4mo | 1y 4mo | 2y 9moMay 2001 - Mar 2004 | Dot-com crash2000–2002 |
-29.93%Jul 2022 | 1mo 6d | 6mo 16d | 7mo 22dJun 2022 - Jan 2023 | Bear market2022 |
Drawdown Indicators
| FNARX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.04% | -56.78% | -14.26% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | -9.10% | -4.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -18.90% | -1.74% |
Max Drawdown (5Y)Largest decline over 5 years | -29.93% | -25.43% | -4.50% |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | -33.92% | -30.18% |
Current DrawdownCurrent decline from peak | -4.57% | -1.58% | -2.99% |
Average DrawdownAverage peak-to-trough decline | -19.99% | -10.70% | -9.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.13% | 2.14% | +1.99% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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