FNARX vs. OACP
FNARX (Fidelity Natural Resources Fund) and OACP (OneAscent Core Plus Bond ETF) are both funds - FNARX is a Energy Equities fund managed by Fidelity, while OACP is a Intermediate Core-Plus Bond fund actively managed by Oneascent. Over the past 3 years, FNARX returned 20.60%/yr vs 4.68%/yr for OACP. At a 0.03 correlation, their price movements are largely independent. FNARX charges 0.82%/yr vs 0.77%/yr for OACP.
Performance
FNARX vs. OACP - Performance Comparison
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Returns By Period
In the year-to-date period, FNARX achieves a 21.32% return, which is significantly higher than OACP's 0.28% return.
FNARX
- 1D
- 0.68%
- 1M
- -5.08%
- YTD
- 21.32%
- 6M
- 21.17%
- 1Y
- 36.53%
- 3Y*
- 20.60%
- 5Y*
- 19.60%
- 10Y*
- 10.71%
OACP
- 1D
- -0.09%
- 1M
- 0.32%
- YTD
- 0.28%
- 6M
- 0.68%
- 1Y
- 4.97%
- 3Y*
- 4.68%
- 5Y*
- —
- 10Y*
- —
FNARX vs. OACP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FNARX Fidelity Natural Resources Fund | 21.32% | 28.67% | 3.76% | 6.41% | 5.69% |
OACP OneAscent Core Plus Bond ETF | 0.28% | 7.17% | 2.37% | 6.04% | -7.87% |
Correlation
The correlation between FNARX and OACP is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2022 | 0.03 |
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Return for Risk
FNARX vs. OACP — Risk / Return Rank
FNARX
OACP
FNARX vs. OACP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Natural Resources Fund (FNARX) and OneAscent Core Plus Bond ETF (OACP). 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.
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 | OACP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.24 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 5.29 | 1.82 | +3.47 |
| Martin ratioReturn relative to average drawdown | 16.81 | 5.13 | +11.68 |
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Drawdowns
FNARX vs. OACP - Drawdown Comparison
The maximum FNARX drawdown since its inception was -71.04%, which is greater than OACP's maximum drawdown of -11.81%. Use the drawdown chart below to compare losses from any high point for FNARX and OACP.
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Drawdown Indicators
| FNARX | OACP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.04% | -11.81% | -59.23% |
Max Drawdown (1Y)Largest decline over 1 year | -7.57% | -2.60% | -4.97% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -5.89% | -14.75% |
Max Drawdown (5Y)Largest decline over 5 years | -29.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | — | — |
Current DrawdownCurrent decline from peak | -6.94% | -1.25% | -5.69% |
Average DrawdownAverage peak-to-trough decline | -20.03% | -3.58% | -16.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 0.92% | +1.46% |
Volatility
FNARX vs. OACP - Volatility Comparison
Fidelity Natural Resources Fund (FNARX) has a higher volatility of 5.63% compared to OneAscent Core Plus Bond ETF (OACP) at 1.25%. This indicates that FNARX's price experiences larger fluctuations and is considered to be riskier than OACP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNARX | OACP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 1.25% | +4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.66% | 2.64% | +12.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.78% | 3.53% | +14.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.07% | 5.80% | +19.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.93% | 5.80% | +21.13% |
FNARX vs. OACP - Expense Ratio Comparison
FNARX has a 0.82% expense ratio, which is higher than OACP's 0.77% expense ratio.
Dividends
FNARX vs. OACP - Dividend Comparison
FNARX's dividend yield for the trailing twelve months is around 1.81%, less than OACP's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNARX Fidelity Natural Resources Fund | 1.81% | 1.89% | 1.51% | 1.60% | 2.42% | 1.46% | 1.79% | 1.42% | 1.17% | 1.38% | 0.62% | 0.78% |
OACP OneAscent Core Plus Bond ETF | 4.37% | 4.46% | 4.51% | 3.87% | 2.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FNARX and OACP have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNARX has higher volatility (5.63%) compared to OACP (1.25%). In terms of maximum drawdown, FNARX dropped -71.04% vs OACP's -11.81%.
FNARX currently has the higher Sharpe Ratio (2.26 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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