FLOWX Performance — Fidelity Water Sustainability Fund
Data updated: 2026-08-12
FLOWX returned −0.63% year to date and +6.62% over one year to May 2026. Annualised returns are +13.76% over 3 years and +7.00% over 5 years. The fund trailed its Global Thematic Equity category average: $100 invested three years ago grew to $147, against $170 for the category, and to $107 over one year, against $139. Volatility over the past three years was 17.05% a year. In the 12 months to May 2026 the fund took in a net $40.9M, and assets reached $160.51M.
FLOWX Growth of $100
What $100 invested in Fidelity Water Sustainability Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Thematic Equity category average over the same months.
| Period | FLOWX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $139 |
| 3 years (Jun 2023 – May 2026) | $147 | $170 |
| 5 years (Jun 2021 – May 2026) | $140 | $137 |
| Since data start (May 2020 – May 2026) | $207 | $218 |
FLOWX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.63% |
| 1 year | +6.62% |
| 3 years (annualised) | +13.76% |
| 5 years (annualised) | +7.00% |
FLOWX Annual Returns
Calendar-year total returns of Fidelity Water Sustainability Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −0.63% |
| 2025 | +18.02% |
| 2024 | +8.75% |
| 2023 | +18.58% |
| 2022 | −19.93% |
| 2021 | +28.43% |
| 2020 (May–Dec) | +32.82% |
FLOWX 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 | +5.3% | +5.8% | −8.6% | +2.9% | −5.2% | — | — | — | — | — | — | — |
| 2025 | +2.9% | −1.7% | −1.3% | +5.5% | +4.4% | +3.0% | +0.1% | +3.5% | −0.4% | −0.1% | +1.6% | −0.6% |
| 2024 | −2.9% | +7.0% | +4.5% | −3.0% | +4.0% | −3.6% | +8.6% | −1.9% | +1.9% | −3.1% | +5.4% | −7.0% |
| 2023 | +5.9% | −2.5% | +2.1% | −0.7% | −1.9% | +9.1% | +3.2% | −2.2% | −7.3% | −5.1% | +11.4% | +7.0% |
| 2022 | −12.7% | −1.2% | +4.0% | −8.7% | −2.5% | −7.7% | +11.4% | −5.6% | −9.1% | +11.7% | +6.0% | −4.1% |
| 2021 | −0.8% | +1.7% | +2.9% | +5.1% | +1.7% | −1.1% | +7.3% | +4.5% | −5.7% | +6.6% | −1.0% | +5.0% |
| 2020 | — | — | — | — | +5.1% | −1.2% | +6.4% | +3.2% | +0.9% | +2.7% | +8.2% | +4.0% |
FLOWX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 17.05%
- 3-year Sharpe ratio: 0.54 (vs 4.5% risk-free rate)
- Best month: +11.37% (Nov 2023)
- Worst month: −8.58% (Mar 2026)
FLOWX Fund Flows
Monthly money in and out of Fidelity Water Sustainability Fund, from SEC Form N-PORT.
- 12-month net flow: $40.9M
- 12-month gross sales (incl. reinvestments): $74.6M
- Sales ÷ redemptions: 2.22×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.0M | $4.1M | −$99K |
| Apr 2026 | $7.6M | $3.7M | $3.9M |
| Mar 2026 | $5.0M | $3.6M | $1.4M |
| Feb 2026 | $6.8M | $2.7M | $4.1M |
| Jan 2026 | $8.0M | $2.7M | $5.4M |
| Dec 2025 | $5.5M | $1.6M | $4.0M |
| Nov 2025 | $4.5M | $2.8M | $1.7M |
| Oct 2025 | $6.3M | $3.6M | $2.7M |
| Sep 2025 | $6.7M | $2.5M | $4.2M |
| Aug 2025 | $5.4M | $2.1M | $3.3M |
| Jul 2025 | $10.0M | $2.4M | $7.7M |
| Jun 2025 | $4.6M | $1.8M | $2.8M |
FLOWX Assets Under Management
Net assets of Fidelity Water Sustainability Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $160.51M |
| 2026-02-28 | $174.36M |
| 2025-11-30 | $146.16M |
| 2025-08-31 | $136.02M |
| 2025-05-31 | $116.22M |
| 2025-02-28 | $105.68M |
| 2024-11-30 | $111.14M |
| 2024-08-31 | $104.78M |
| 2024-05-31 | $101.67M |
| 2024-02-29 | $94.04M |
| 2023-11-30 | $86.78M |
| 2023-08-31 | $91.73M |
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.