FCSSX Performance — Fidelity Series Commodity Strategy Fund
Data updated: 2026-10-13
FCSSX returned +16.87% year to date and +28.56% over one year to Jul 2026. Annualised returns are +10.07% over 3 years and +9.12% over 5 years. The fund trailed its Commodities category average: $100 invested three years ago grew to $133, against $164 for the category, and to $129 over one year, against $134. Volatility over the past three years was 10.92% a year. In the 12 months to Jul 2026 the fund took in a net $290.9M, and assets reached $1.25B.
FCSSX Growth of $100
What $100 invested in Fidelity Series Commodity Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | FCSSX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $129 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $133 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $155 | $174 |
| Since data start (Aug 2019 – Jul 2026) | $191 | $216 |
FCSSX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.87% |
| 1 year | +28.56% |
| 3 years (annualised) | +10.07% |
| 5 years (annualised) | +9.12% |
FCSSX Annual Returns
Calendar-year total returns of Fidelity Series Commodity Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +16.87% |
| 2025 | +15.42% |
| 2024 | +5.30% |
| 2023 | −8.27% |
| 2022 | +14.97% |
| 2021 | +27.11% |
| 2020 | −3.12% |
| 2019 (Aug–Dec) | +3.49% |
FCSSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.8% | +1.8% | +4.7% | +4.5% | −1.1% | −7.5% | +5.5% | — | — | — | — | — |
| 2025 | +4.1% | +0.8% | +3.8% | −5.0% | −0.4% | +2.4% | −0.5% | +2.0% | +2.3% | +2.4% | +2.4% | +0.5% |
| 2024 | +0.2% | −1.5% | +3.4% | +2.5% | +2.0% | −1.7% | −3.7% | −0.3% | +4.6% | −1.3% | +0.1% | +1.0% |
| 2023 | −0.5% | −5.0% | −0.2% | −0.7% | −5.7% | +4.0% | +6.3% | −0.8% | −0.7% | +0.4% | −2.6% | −2.5% |
| 2022 | +8.6% | +6.3% | +8.3% | +3.9% | +1.7% | −10.6% | +3.7% | 0.0% | −8.0% | +1.4% | +3.6% | −2.9% |
| 2021 | +2.6% | +6.4% | −2.2% | +8.4% | +2.8% | +2.0% | +1.4% | −0.2% | +5.0% | +2.9% | −7.5% | +3.5% |
| 2020 | −7.3% | −4.8% | −13.1% | −1.6% | +4.2% | +2.7% | +5.7% | +6.7% | −3.5% | +1.4% | +3.8% | +4.8% |
| 2019 | — | — | — | — | — | — | — | −1.9% | +1.1% | +2.0% | −2.4% | +4.8% |
FCSSX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.92%
- 3-year Sharpe ratio: 0.51 (vs 4.5% risk-free rate)
- Best month: +8.76% (Jan 2026)
- Worst month: −7.54% (Jun 2026)
FCSSX Fund Flows
Monthly money in and out of Fidelity Series Commodity Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: $290.9M
- 12-month gross sales (incl. reinvestments): $2.2B
- Sales ÷ redemptions: 1.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $57.4M | $296.6M | −$239.3M |
| Jun 2026 | $117.7M | $1.2B | −$1.1B |
| May 2026 | $93.3M | $19.8M | $73.5M |
| Apr 2026 | $24.8M | $237.4M | −$212.7M |
| Mar 2026 | $82.2M | $17.9M | $64.3M |
| Feb 2026 | $33.3M | $82.7M | −$49.4M |
| Jan 2026 | $84.5M | $37.1M | $47.4M |
| Dec 2025 | $1.7B | $17.4M | $1.6B |
| Nov 2025 | $39.1M | $5.3M | $33.8M |
| Oct 2025 | $42.9M | $8.8M | $34.1M |
| Sep 2025 | $14.1M | $3.0M | $11.0M |
| Aug 2025 | $5.6M | $4.1M | $1.5M |
FCSSX Assets Under Management
Net assets of Fidelity Series Commodity Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.25B |
| 2026-04-30 | $2.64B |
| 2026-01-31 | $2.56B |
| 2025-10-31 | $616.63M |
| 2025-07-31 | $540.05M |
| 2025-04-30 | $530.18M |
| 2025-01-31 | $571.71M |
| 2024-10-31 | $565.02M |
| 2024-07-31 | $2.19B |
| 2024-04-30 | $2.30B |
| 2024-01-31 | $1.67B |
| 2023-10-31 | $1.74B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.