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Fidelity Environment and Alternative Energy Fund (FSLEX) belongs to the Alternative 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 FSLEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

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.


Often Compared With FSLEX

Investors most often compare FSLEX with SPY, SCHD, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
State Street SPDR S&P 500 ETFS&P 500
74
11.33%
781.00BJan 1993FSLEX vs SPY
Schwab U.S. Dividend Equity ETFDividend
85
19.82%
94.95BOct 2011FSLEX vs SCHD
Vanguard S&P 500 ETFS&P 500
74
11.34%
1.60TSep 2010FSLEX vs VOO
FS Credit Opportunities Corp.
12
-17.54%
FSLEX vs FSCO
iShares MSCI KLD 400 Social ETFLarge Cap Growth Equities
67
12.25%
5.34BNov 2006FSLEX vs DSI
ProShares Ultra S&P500Leveraged Equities, S&P 500
67
20.20%
8.38BJun 2006FSLEX vs SSO
Fidelity Disruptive Automation ETFTechnology Equities
57
20.55%
197.23MApr 2020FSLEX vs FBOT
Fidelity Water Sustainability FundEnergy Equities
6
-0.31%
Apr 2020FSLEX vs FLOWX
Schwab Total Stock Market Index FundLarge Cap Blend Equities
63
11.17%
43.45BJun 1999FSLEX vs SWTSX
iShares Core S&P 500 ETFS&P 500
74
11.38%
854.92BMay 2000FSLEX vs IVV
PROCEPT BioRobotics Corporation
9
-14.18%
FSLEX vs PRCT
State Street SPDR Portfolio S&P 500 Growth ETFS&P 500, Large Cap Growth Equities
60
13.73%
53.61BSep 2000FSLEX vs SPYG
VanEck Semiconductor ETFSemiconductors, Technology Equities
96
74.25%
67.82BDec 2011FSLEX vs SMH
Fidelity Select Technology PortfolioTechnology Equities
92
45.46%
Jul 1981FSLEX vs FSPTX
Goldman Sachs Clean Energy Income Fund Class A Sha...Alternative Energy Equities
91
26.99%
Jun 2020FSLEX vs GCEBX
New Alternatives Fund Investor ClassAlternative Energy Equities
63
19.07%
Sep 1982FSLEX vs NAEFX
Fidelity Select Energy PortfolioEnergy Equities
77
36.38%
Jul 1981FSLEX vs FSENX
Invesco NASDAQ 100 ETFNasdaq-100
75
20.73%
96.91BOct 2020FSLEX vs QQQM
YieldMax Semiconductor Portfolio Option Income ETFDerivative Income, Semiconductors
97
82.97%
1.02BApr 2025FSLEX vs CHPY
Fidelity Mega Cap Stock FundLarge Cap Blend Equities
73
9.38%
Dec 1998FSLEX vs FGRTX

Compare FSLEX with Any Fund or Stock

Compare FSLEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair FSLEX with funds that move differently

Fidelity Environment and Alternative Energy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSLEX.

Explore FSLEX Diversifiers