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FSLEX vs. FBGRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSLEX and FBGRX is 0.73, 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.


-0.50.00.51.00.7

Performance

FSLEX vs. FBGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Environment and Alternative Energy Fund (FSLEX) and Fidelity Blue Chip Growth Fund (FBGRX). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%JulyAugustSeptemberOctoberNovemberDecember
587.87%
5,433.89%
FSLEX
FBGRX

Key characteristics

Sharpe Ratio

FSLEX:

1.48

FBGRX:

1.72

Sortino Ratio

FSLEX:

2.01

FBGRX:

2.28

Omega Ratio

FSLEX:

1.26

FBGRX:

1.32

Calmar Ratio

FSLEX:

2.04

FBGRX:

2.27

Martin Ratio

FSLEX:

9.38

FBGRX:

7.14

Ulcer Index

FSLEX:

2.62%

FBGRX:

4.89%

Daily Std Dev

FSLEX:

16.60%

FBGRX:

20.30%

Max Drawdown

FSLEX:

-50.21%

FBGRX:

-57.42%

Current Drawdown

FSLEX:

-4.34%

FBGRX:

-3.25%

Returns By Period

In the year-to-date period, FSLEX achieves a 21.84% return, which is significantly lower than FBGRX's 33.41% return. Over the past 10 years, FSLEX has underperformed FBGRX with an annualized return of 10.93%, while FBGRX has yielded a comparatively higher 13.60% annualized return.


FSLEX

YTD

21.84%

1M

0.90%

6M

11.00%

1Y

22.77%

5Y*

12.48%

10Y*

10.93%

FBGRX

YTD

33.41%

1M

3.54%

6M

5.42%

1Y

33.38%

5Y*

16.59%

10Y*

13.60%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSLEX vs. FBGRX - Expense Ratio Comparison

Both FSLEX and FBGRX have an expense ratio of 0.79%.


FSLEX
Fidelity Environment and Alternative Energy Fund
Expense ratio chart for FSLEX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for FBGRX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%

Risk-Adjusted Performance

FSLEX vs. FBGRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Environment and Alternative Energy Fund (FSLEX) and Fidelity Blue Chip Growth Fund (FBGRX). 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.


Sharpe ratio
The chart of Sharpe ratio for FSLEX, currently valued at 1.48, compared to the broader market-1.000.001.002.003.004.001.481.72
The chart of Sortino ratio for FSLEX, currently valued at 2.01, compared to the broader market-2.000.002.004.006.008.0010.002.012.28
The chart of Omega ratio for FSLEX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.003.501.261.32
The chart of Calmar ratio for FSLEX, currently valued at 2.04, compared to the broader market0.002.004.006.008.0010.0012.0014.002.042.27
The chart of Martin ratio for FSLEX, currently valued at 9.38, compared to the broader market0.0020.0040.0060.009.387.14
FSLEX
FBGRX

The current FSLEX Sharpe Ratio is 1.48, which is comparable to the FBGRX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of FSLEX and FBGRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.48
1.72
FSLEX
FBGRX

Dividends

FSLEX vs. FBGRX - Dividend Comparison

FSLEX's dividend yield for the trailing twelve months is around 0.02%, less than FBGRX's 0.19% yield.


TTM20232022202120202019201820172016201520142013
FSLEX
Fidelity Environment and Alternative Energy Fund
0.02%0.39%0.69%0.28%0.87%0.86%1.00%0.83%0.71%3.07%14.89%0.76%
FBGRX
Fidelity Blue Chip Growth Fund
0.19%0.00%0.00%0.00%0.00%0.00%0.12%0.09%0.22%5.07%6.08%7.80%

Drawdowns

FSLEX vs. FBGRX - Drawdown Comparison

The maximum FSLEX drawdown since its inception was -50.21%, smaller than the maximum FBGRX drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for FSLEX and FBGRX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.34%
-3.25%
FSLEX
FBGRX

Volatility

FSLEX vs. FBGRX - Volatility Comparison

Fidelity Environment and Alternative Energy Fund (FSLEX) and Fidelity Blue Chip Growth Fund (FBGRX) have volatilities of 5.46% and 5.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.46%
5.35%
FSLEX
FBGRX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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