FNARX vs. MLOZX
Compare and contrast key facts about Fidelity Natural Resources Fund (FNARX) and Cohen & Steers MLP & Energy Opportunity Fund, Inc. (MLOZX).
FNARX is managed by Fidelity. It was launched on Mar 3, 1997. MLOZX is managed by Cohen & Steers. It was launched on Dec 19, 2013.
Performance
FNARX vs. MLOZX - Performance Comparison
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FNARX vs. MLOZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNARX Fidelity Natural Resources Fund | 28.78% | 28.67% | 3.76% | 6.41% | 41.01% | 39.34% | -20.86% | 19.09% | -24.28% | -0.11% |
MLOZX Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 27.86% | 17.35% | 12.16% | 10.49% | 21.10% | 39.09% | -26.70% | 12.62% | -13.43% | 0.33% |
Returns By Period
The year-to-date returns for both stocks are quite close, with FNARX having a 28.78% return and MLOZX slightly lower at 27.86%. Over the past 10 years, FNARX has outperformed MLOZX with an annualized return of 12.63%, while MLOZX has yielded a comparatively lower 11.89% annualized return.
FNARX
- 1D
- -0.38%
- 1M
- 3.25%
- YTD
- 28.78%
- 6M
- 33.09%
- 1Y
- 51.16%
- 3Y*
- 21.69%
- 5Y*
- 25.38%
- 10Y*
- 12.63%
MLOZX
- 1D
- -0.56%
- 1M
- 7.55%
- YTD
- 27.86%
- 6M
- 33.46%
- 1Y
- 50.75%
- 3Y*
- 22.70%
- 5Y*
- 21.24%
- 10Y*
- 11.89%
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FNARX vs. MLOZX - Expense Ratio Comparison
FNARX has a 0.82% expense ratio, which is lower than MLOZX's 0.90% expense ratio.
Return for Risk
FNARX vs. MLOZX — Risk / Return Rank
FNARX
MLOZX
FNARX vs. MLOZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Natural Resources Fund (FNARX) and Cohen & Steers MLP & Energy Opportunity Fund, Inc. (MLOZX). 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.
| FNARX | MLOZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.40 | 2.59 | -0.19 |
Sortino ratioReturn per unit of downside risk | 2.93 | 3.10 | -0.17 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.51 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.97 | 3.05 | -0.07 |
Martin ratioReturn relative to average drawdown | 13.95 | 13.54 | +0.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FNARX | MLOZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.59 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 1.17 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.49 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.27 | +0.04 |
Correlation
The correlation between FNARX and MLOZX is 0.83, 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
FNARX vs. MLOZX - Dividend Comparison
FNARX's dividend yield for the trailing twelve months is around 1.47%, more than MLOZX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNARX Fidelity Natural Resources Fund | 1.47% | 1.89% | 1.51% | 1.60% | 2.42% | 1.46% | 1.79% | 1.42% | 1.17% | 1.38% | 0.62% | 0.78% |
MLOZX Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 1.09% | 1.71% | 10.24% | 4.61% | 3.66% | 3.08% | 6.57% | 6.21% | 4.44% | 3.86% | 3.72% | 6.05% |
Drawdowns
FNARX vs. MLOZX - Drawdown Comparison
The maximum FNARX drawdown since its inception was -71.04%, roughly equal to the maximum MLOZX drawdown of -72.01%. Use the drawdown chart below to compare losses from any high point for FNARX and MLOZX.
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Drawdown Indicators
| FNARX | MLOZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.04% | -72.01% | +0.97% |
Max Drawdown (1Y)Largest decline over 1 year | -16.94% | -16.08% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -29.93% | -20.84% | -9.09% |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | -64.94% | +0.84% |
Current DrawdownCurrent decline from peak | -0.38% | -0.56% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -20.15% | -20.92% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 3.62% | -0.01% |
Volatility
FNARX vs. MLOZX - Volatility Comparison
Fidelity Natural Resources Fund (FNARX) has a higher volatility of 5.02% compared to Cohen & Steers MLP & Energy Opportunity Fund, Inc. (MLOZX) at 4.54%. This indicates that FNARX's price experiences larger fluctuations and is considered to be riskier than MLOZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNARX | MLOZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 4.54% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | 10.97% | +3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.77% | 20.02% | +1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.17% | 18.26% | +6.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.08% | 24.17% | +2.91% |