FLOWX vs. XYL

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Water Sustainability Fund (FLOWX) and Xylem Inc. (XYL).

FLOWX is managed by Fidelity. It was launched on Apr 21, 2020.

Performance

FLOWX vs. XYL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Water Sustainability Fund (FLOWX) and Xylem Inc. (XYL). The values are adjusted to include any dividend payments, if applicable.

FLOWX vs. XYL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FLOWX Fidelity Water Sustainability Fund	1.85%	18.02%	8.78%	18.58%	-19.94%	28.52%	35.89%
XYL Xylem Inc.	-9.76%	18.78%	2.57%	4.77%	-6.60%	18.94%	54.43%

Returns By Period

In the year-to-date period, FLOWX achieves a 1.85% return, which is significantly higher than XYL's -9.76% return.

FLOWX

• 1D: 2.22%
• 1M: -7.81%
• YTD: 1.85%
• 6M: 3.08%
• 1Y: 19.64%
• 3Y*: 13.71%
• 5Y*: 8.66%
• 10Y*: —

XYL

• 1D: 2.49%
• 1M: -5.04%
• YTD: -9.76%
• 6M: -16.66%
• 1Y: 3.42%
• 3Y*: 6.64%
• 5Y*: 4.42%
• 10Y*: 12.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FLOWX vs. XYL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLOWX

FLOWX Risk / Return Rank: 68
FLOWX Sharpe Ratio Rank: 69
FLOWX Sortino Ratio Rank: 72
FLOWX Omega Ratio Rank: 61
FLOWX Calmar Ratio Rank: 73
FLOWX Martin Ratio Rank: 67

XYL

XYL Risk / Return Rank: 43
XYL Sharpe Ratio Rank: 46
XYL Sortino Ratio Rank: 38
XYL Omega Ratio Rank: 38
XYL Calmar Ratio Rank: 45
XYL Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLOWX vs. XYL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Water Sustainability Fund (FLOWX) and Xylem Inc. (XYL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FLOWX	XYL	Difference
Sharpe ratio Return per unit of total volatility	1.27	0.13	+1.13
Sortino ratio Return per unit of downside risk	1.86	0.38	+1.48
Omega ratio Gain probability vs. loss probability	1.25	1.05	+0.19
Calmar ratio Return relative to maximum drawdown	1.80	0.16	+1.64
Martin ratio Return relative to average drawdown	6.69	0.44	+6.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLOWX vs. XYL - Sharpe Ratio Comparison

The current FLOWX Sharpe Ratio is 1.27, which is higher than the XYL Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of FLOWX and XYL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLOWX	XYL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	0.13	+1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.17	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.51	+0.26

Correlation

The correlation between FLOWX and XYL is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FLOWX vs. XYL - Dividend Comparison

FLOWX's dividend yield for the trailing twelve months is around 2.88%, more than XYL's 1.33% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLOWX Fidelity Water Sustainability Fund	2.88%	2.93%	2.51%	0.42%	0.08%	1.41%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%
XYL Xylem Inc.	1.33%	1.17%	1.24%	1.15%	1.09%	0.93%	1.02%	1.22%	1.26%	1.06%	1.25%	1.54%

Drawdowns

FLOWX vs. XYL - Drawdown Comparison

The maximum FLOWX drawdown since its inception was -30.63%, smaller than the maximum XYL drawdown of -46.69%. Use the drawdown chart below to compare losses from any high point for FLOWX and XYL.

Drawdown Indicators

	FLOWX	XYL	Difference
Max Drawdown Largest peak-to-trough decline	-30.63%	-46.69%	+16.06%
Max Drawdown (1Y) Largest decline over 1 year	-11.27%	-23.57%	+12.30%
Max Drawdown (5Y) Largest decline over 5 years	-30.63%	-46.69%	+16.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.69%	—
Current Drawdown Current decline from peak	-8.74%	-19.42%	+10.68%
Average Drawdown Average peak-to-trough decline	-7.36%	-10.22%	+2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	8.53%	-5.50%

Volatility

FLOWX vs. XYL - Volatility Comparison

The current volatility for Fidelity Water Sustainability Fund (FLOWX) is 5.86%, while Xylem Inc. (XYL) has a volatility of 7.02%. This indicates that FLOWX experiences smaller price fluctuations and is considered to be less risky than XYL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLOWX	XYL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.86%	7.02%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	9.69%	16.78%	-7.09%
Volatility (1Y) Calculated over the trailing 1-year period	16.15%	26.09%	-9.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.76%	25.88%	-8.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.16%	27.12%	-8.96%