FTEK vs. FNARX
FTEK (Fuel Tech, Inc.) is a stock, while FNARX (Fidelity Natural Resources Fund) is Energy Equities fund actively managed by Fidelity. Over the past 10 years, FTEK returned -1.38%/yr vs 11.17%/yr for FNARX. Their 0.20 correlation means their historical movements had little consistent relationship.
Performance
FTEK vs. FNARX - Performance Comparison
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Returns By Period
In the year-to-date period, FTEK achieves a -9.62% return, which is significantly lower than FNARX's 24.42% return. Over the past 10 years, FTEK has underperformed FNARX with an annualized return of -1.38%, while FNARX has yielded a comparatively higher 11.17% annualized return.
FTEK
- 1D
- -2.08%
- 1M
- -24.60%
- 6M
- 3.68%
- YTD
- -9.62%
- 1Y
- -45.14%
- 3Y*
- 3.55%
- 5Y*
- -6.18%
- 10Y*
- -1.38%
- ALL TIME*
- -5.05%
FNARX
- 1D
- 1.40%
- 1M
- 8.41%
- 6M
- 11.26%
- YTD
- 24.42%
- 1Y
- 42.38%
- 3Y*
- 17.31%
- 5Y*
- 22.57%
- 10Y*
- 11.17%
- ALL TIME*
- 8.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
FTEK Fuel Tech, Inc. | $146.83K | $219.84K | $610.40K |
FTEK vs. FNARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTEK Fuel Tech, Inc. | -9.62% | 48.57% | 0.00% | -17.65% | -8.93% | -63.92% | 308.42% | -20.17% | 6.25% | -2.61% |
FNARX Fidelity Natural Resources Fund | 24.42% | 28.67% | 3.76% | 6.41% | 41.01% | 39.34% | -20.86% | 19.09% | -24.28% | -0.11% |
Correlation
The correlation between FTEK and FNARX is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 1997 | 0.20 |
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Return for Risk
FTEK vs. FNARX — Risk / Return Rank
FTEK
FNARX
FTEK vs. FNARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fuel Tech, Inc. (FTEK) and Fidelity Natural Resources Fund (FNARX). 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.
| FTEK | FNARX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.83 | ||
| Sortino ratioReturn per unit of downside risk | -3.64 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.36 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 3.02 | -3.72 |
| Martin ratioReturn relative to average drawdown | -0.93 | 9.64 | -10.57 |
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Drawdowns
FTEK vs. FNARX - Drawdown Comparison
The maximum FTEK drawdown since its inception was -98.97%, which is greater than FNARX's maximum drawdown of -71.04%. Use the drawdown chart below to compare losses from any high point for FTEK and FNARX.
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Drawdown Indicators
| FTEK | FNARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.97% | -71.04% | -27.93% |
Max Drawdown (1Y)Largest decline over 1 year | -67.22% | -13.19% | -54.03% |
Max Drawdown (3Y)Largest decline over 3 years | -67.22% | -20.64% | -46.58% |
Max Drawdown (5Y)Largest decline over 5 years | -67.22% | -29.93% | -37.29% |
Max Drawdown (10Y)Largest decline over 10 years | -86.07% | -64.10% | -21.97% |
Current DrawdownCurrent decline from peak | -96.28% | -4.57% | -91.71% |
Average DrawdownAverage peak-to-trough decline | -78.55% | -19.99% | -58.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.38% | 4.13% | +46.25% |
Volatility
FTEK vs. FNARX - Volatility Comparison
Fuel Tech, Inc. (FTEK) has a higher volatility of 15.58% compared to Fidelity Natural Resources Fund (FNARX) at 4.51%. This indicates that FTEK's price experiences larger fluctuations and is considered to be riskier than FNARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTEK | FNARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.58% | 4.51% | +11.07% |
Volatility (6M)Calculated over the trailing 6-month period | 52.96% | 14.60% | +38.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.08% | 18.23% | +55.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.08% | 24.80% | +35.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.28% | 26.79% | +68.49% |
Dividends
FTEK vs. FNARX - Dividend Comparison
FTEK has not paid dividends to shareholders, while FNARX's dividend yield for the trailing twelve months is around 1.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNARX Fidelity Natural Resources Fund | 1.76% | 1.89% | 1.51% | 1.60% | 2.42% | 1.46% | 1.79% | 1.42% | 1.17% | 1.38% | 0.62% | 0.78% |
FTEK Fuel Tech, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTEK and FNARX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTEK has higher volatility (15.58%) compared to FNARX (4.51%). In terms of maximum drawdown, FTEK dropped -98.97% vs FNARX's -71.04%.
FNARX currently has the higher Sharpe Ratio (2.20 vs -0.63), 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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