FSLEX vs. SWTSX
Compare and contrast key facts about Fidelity Environment and Alternative Energy Fund (FSLEX) and Schwab Total Stock Market Index Fund (SWTSX).
FSLEX is managed by Fidelity. It was launched on Jun 29, 1989. SWTSX is managed by Charles Schwab. It was launched on Jun 1, 1999.
Performance
FSLEX vs. SWTSX - Performance Comparison
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FSLEX vs. SWTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSLEX Fidelity Environment and Alternative Energy Fund | -0.49% | 20.38% | 20.01% | 26.29% | -26.05% | 30.30% | 21.56% | 26.86% | -13.49% | 24.94% |
SWTSX Schwab Total Stock Market Index Fund | -4.03% | 17.04% | 23.84% | 26.05% | -19.54% | 25.65% | 20.71% | 30.90% | -5.35% | 21.08% |
Returns By Period
In the year-to-date period, FSLEX achieves a -0.49% return, which is significantly higher than SWTSX's -4.03% return. Both investments have delivered pretty close results over the past 10 years, with FSLEX having a 12.98% annualized return and SWTSX not far ahead at 13.54%.
FSLEX
- 1D
- 3.43%
- 1M
- -7.13%
- YTD
- -0.49%
- 6M
- -0.80%
- 1Y
- 29.66%
- 3Y*
- 18.32%
- 5Y*
- 9.84%
- 10Y*
- 12.98%
SWTSX
- 1D
- 2.95%
- 1M
- -5.07%
- YTD
- -4.03%
- 6M
- -2.09%
- 1Y
- 17.61%
- 3Y*
- 17.81%
- 5Y*
- 10.46%
- 10Y*
- 13.54%
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FSLEX vs. SWTSX - Expense Ratio Comparison
FSLEX has a 0.79% expense ratio, which is higher than SWTSX's 0.03% expense ratio.
Return for Risk
FSLEX vs. SWTSX — Risk / Return Rank
FSLEX
SWTSX
FSLEX vs. SWTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Environment and Alternative Energy Fund (FSLEX) and Schwab Total Stock Market Index Fund (SWTSX). 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.
| FSLEX | SWTSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.40 | 0.97 | +0.43 |
Sortino ratioReturn per unit of downside risk | 2.05 | 1.49 | +0.56 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.50 | +0.77 |
Martin ratioReturn relative to average drawdown | 9.59 | 7.18 | +2.40 |
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
| FSLEX | SWTSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 0.97 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.60 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.73 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.41 | -0.08 |
Correlation
The correlation between FSLEX and SWTSX is 0.86, 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
FSLEX vs. SWTSX - Dividend Comparison
FSLEX's dividend yield for the trailing twelve months is around 0.37%, less than SWTSX's 1.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLEX Fidelity Environment and Alternative Energy Fund | 0.37% | 0.37% | 0.41% | 0.39% | 0.69% | 7.74% | 6.41% | 2.17% | 6.39% | 6.19% | 1.29% | 3.01% |
SWTSX Schwab Total Stock Market Index Fund | 1.15% | 1.10% | 1.24% | 1.41% | 1.62% | 1.46% | 1.63% | 1.92% | 2.58% | 1.83% | 2.32% | 2.79% |
Drawdowns
FSLEX vs. SWTSX - Drawdown Comparison
The maximum FSLEX drawdown since its inception was -50.21%, smaller than the maximum SWTSX drawdown of -54.60%. Use the drawdown chart below to compare losses from any high point for FSLEX and SWTSX.
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Drawdown Indicators
| FSLEX | SWTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.21% | -54.60% | +4.39% |
Max Drawdown (1Y)Largest decline over 1 year | -13.76% | -12.42% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -32.67% | -25.40% | -7.27% |
Max Drawdown (10Y)Largest decline over 10 years | -39.77% | -35.01% | -4.76% |
Current DrawdownCurrent decline from peak | -8.38% | -6.20% | -2.18% |
Average DrawdownAverage peak-to-trough decline | -13.99% | -10.63% | -3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 2.59% | +0.67% |
Volatility
FSLEX vs. SWTSX - Volatility Comparison
Fidelity Environment and Alternative Energy Fund (FSLEX) has a higher volatility of 7.33% compared to Schwab Total Stock Market Index Fund (SWTSX) at 5.52%. This indicates that FSLEX's price experiences larger fluctuations and is considered to be riskier than SWTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSLEX | SWTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.33% | 5.52% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 9.87% | +2.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.37% | 18.70% | +3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.62% | 17.45% | +3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.42% | 18.59% | +2.83% |