FSLEX vs. DSI
Compare and contrast key facts about Fidelity Environment and Alternative Energy Fund (FSLEX) and iShares MSCI KLD 400 Social ETF (DSI).
FSLEX is managed by Fidelity. It was launched on Jun 29, 1989. DSI is a passively managed fund by iShares that tracks the performance of the MSCI KLD 400 Social Index. It was launched on Nov 14, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLEX or DSI.
Key characteristics
| FSLEX | DSI | |
|---|---|---|
| YTD Return | 21.96% | 26.72% |
| 1Y Return | 38.93% | 40.64% |
| 3Y Return (Ann) | 4.33% | 8.70% |
| 5Y Return (Ann) | 13.25% | 16.25% |
| 10Y Return (Ann) | 11.52% | 13.32% |
| Sharpe Ratio | 2.33 | 2.85 |
| Sortino Ratio | 3.12 | 3.76 |
| Omega Ratio | 1.40 | 1.53 |
| Calmar Ratio | 1.89 | 3.97 |
| Martin Ratio | 14.85 | 17.81 |
| Ulcer Index | 2.54% | 2.21% |
| Daily Std Dev | 16.14% | 13.81% |
| Max Drawdown | -50.21% | -54.23% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FSLEX and DSI is 0.84, 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.
Performance
FSLEX vs. DSI - Performance Comparison
In the year-to-date period, FSLEX achieves a 21.96% return, which is significantly lower than DSI's 26.72% return. Over the past 10 years, FSLEX has underperformed DSI with an annualized return of 11.52%, while DSI has yielded a comparatively higher 13.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSLEX vs. DSI - Expense Ratio Comparison
FSLEX has a 0.79% expense ratio, which is higher than DSI's 0.25% expense ratio.
Risk-Adjusted Performance
FSLEX vs. DSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Environment and Alternative Energy Fund (FSLEX) and iShares MSCI KLD 400 Social ETF (DSI). 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.
Dividends
FSLEX vs. DSI - Dividend Comparison
FSLEX's dividend yield for the trailing twelve months is around 0.35%, less than DSI's 0.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLEX Fidelity Environment and Alternative Energy Fund | 0.35% | 0.39% | 0.69% | 0.28% | 0.87% | 0.86% | 1.00% | 0.83% | 0.71% | 3.07% | 14.89% | 0.76% |
DSI iShares MSCI KLD 400 Social ETF | 0.98% | 1.19% | 1.39% | 0.99% | 1.22% | 1.40% | 1.63% | 1.28% | 1.92% | 1.46% | 1.26% | 1.27% |
Drawdowns
FSLEX vs. DSI - Drawdown Comparison
The maximum FSLEX drawdown since its inception was -50.21%, smaller than the maximum DSI drawdown of -54.23%. Use the drawdown chart below to compare losses from any high point for FSLEX and DSI. For additional features, visit the drawdowns tool.
Volatility
FSLEX vs. DSI - Volatility Comparison
Fidelity Environment and Alternative Energy Fund (FSLEX) has a higher volatility of 4.77% compared to iShares MSCI KLD 400 Social ETF (DSI) at 4.32%. This indicates that FSLEX's price experiences larger fluctuations and is considered to be riskier than DSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.