Fidelity Environment and Alternative Energy Fund (FSLEX)
Fund Info
| ISIN | US3163905744 |
|---|---|
| CUSIP | 316390574 |
| Issuer | Fidelity |
| Inception Date | Jun 29, 1989 |
| Category | Alternative Energy Equities |
| Min. Investment | $0 |
| Home Page | fundresearch.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
FSLEX features an expense ratio of 0.79%, falling within 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.
Popular comparisons: FSLEX vs. FBGRX, FSLEX vs. SCHD, FSLEX vs. SPY, FSLEX vs. DSI, FSLEX vs. VOO, FSLEX vs. FXAIX, FSLEX vs. IVV, FSLEX vs. SSO, FSLEX vs. FNILX, FSLEX vs. SPYG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Environment and Alternative Energy 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 Environment and Alternative Energy Fund had a return of 21.87% year-to-date (YTD) and 32.62% in the last 12 months. Over the past 10 years, Fidelity Environment and Alternative Energy Fund had an annualized return of 11.54%, while the S&P 500 benchmark had an annualized return of 11.39%, indicating that Fidelity Environment and Alternative Energy Fund performed slightly bigger than the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.87% | 25.48% |
| 1 month | 2.06% | 2.14% |
| 6 months | 11.24% | 12.76% |
| 1 year | 32.62% | 33.14% |
| 5 years (annualized) | 13.19% | 13.96% |
| 10 years (annualized) | 11.54% | 11.39% |
Monthly Returns
The table below presents the monthly returns of FSLEX, 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 | -2.18% | 6.91% | 2.84% | -3.47% | 5.87% | -0.77% | 4.73% | 1.20% | 4.86% | -4.98% | 21.87% | ||
| 2023 | 5.65% | 0.58% | 3.16% | -2.58% | 1.39% | 9.62% | 1.83% | -1.83% | -5.34% | -4.48% | 11.59% | 5.49% | 26.29% |
| 2022 | -11.04% | -2.43% | 5.88% | -10.89% | -1.40% | -8.43% | 13.12% | -5.43% | -8.97% | 3.23% | 7.54% | -7.49% | -26.05% |
| 2021 | 0.07% | 1.89% | 6.80% | 4.59% | 0.98% | -1.06% | 3.48% | 3.48% | -5.77% | 13.88% | -0.67% | 0.34% | 30.30% |
| 2020 | -3.29% | -8.07% | -17.02% | 10.56% | 5.31% | 2.33% | 5.72% | 10.47% | -3.50% | -1.07% | 17.10% | 5.94% | 21.56% |
| 2019 | 9.36% | 5.59% | 0.16% | 4.09% | -9.07% | 9.89% | -1.88% | -4.86% | 3.86% | 1.61% | 3.97% | 2.95% | 26.86% |
| 2018 | 4.31% | -4.54% | -1.25% | -4.70% | 1.82% | -2.32% | 6.54% | 0.35% | -0.23% | -9.76% | 5.63% | -8.70% | -13.49% |
| 2017 | 2.62% | 3.24% | 1.46% | 1.94% | 2.47% | 1.22% | -0.77% | -0.61% | 3.88% | 4.21% | 3.02% | 0.13% | 25.18% |
| 2016 | -6.23% | 2.54% | 8.08% | 2.85% | -0.40% | -1.84% | 5.37% | 2.07% | 1.51% | -2.37% | 6.08% | 2.18% | 20.71% |
| 2015 | -3.38% | 6.24% | -0.67% | -0.45% | 2.22% | -1.69% | -3.00% | -5.42% | -4.34% | 9.92% | 1.78% | -4.63% | -4.49% |
| 2014 | -3.33% | 5.85% | 0.47% | -0.84% | 1.29% | 2.76% | -4.26% | 1.34% | -4.43% | 1.12% | 2.51% | 2.46% | 4.49% |
| 2013 | 5.45% | 0.78% | 2.65% | 0.59% | 4.55% | -2.30% | 7.18% | -3.08% | 6.11% | 3.47% | 2.21% | 3.33% | 34.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSLEX is 58, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Environment and Alternative Energy Fund (FSLEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Environment and Alternative Energy Fund provided a 0.35% dividend yield over the last twelve months, with an annual payout of $0.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.14 | $0.13 | $0.18 | $0.10 | $0.26 | $0.23 | $0.22 | $0.22 | $0.16 | $0.58 | $3.04 | $0.17 |
Dividend yield | 0.35% | 0.39% | 0.69% | 0.28% | 0.87% | 0.86% | 1.00% | 0.83% | 0.71% | 3.07% | 14.89% | 0.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Environment and Alternative Energy 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 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.10 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.26 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.22 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.22 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.16 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.58 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.01 | $3.04 |
| 2013 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.17 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Environment and Alternative Energy 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 Environment and Alternative Energy Fund was 50.21%, occurring on Jul 23, 2002. Recovery took 916 trading sessions.
The current Fidelity Environment and Alternative Energy Fund drawdown is 1.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -50.21% | Apr 16, 1998 | 1084 | Jul 23, 2002 | 916 | Mar 14, 2006 | 2000 |
| -49.51% | Dec 27, 2007 | 300 | Mar 9, 2009 | 489 | Feb 14, 2011 | 789 |
| -39.77% | Jan 21, 2020 | 44 | Mar 23, 2020 | 111 | Aug 28, 2020 | 155 |
| -32.67% | Nov 22, 2021 | 226 | Oct 14, 2022 | 401 | May 21, 2024 | 627 |
| -31.35% | May 2, 2011 | 108 | Oct 3, 2011 | 406 | May 17, 2013 | 514 |
Volatility
Volatility Chart
The current Fidelity Environment and Alternative Energy Fund volatility is 5.05%, 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.