FSLEX — Fidelity Environment and Alternative Energy Fund
Data updated: 2026-07-24
FSLEX — Fidelity Environment and Alternative Energy Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Thematic Equity · $699.56M AUM · 0.68% expense ratio · 35.5% 1-yr return. From SEC regulatory filings.
FSLEX Fund Overview
FSLEX — Fidelity Environment and Alternative Energy Fund is a US mutual fund managed by Fidelity Select Portfolios, categorised as United States Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Select Portfolios
- Category: United States Thematic Equity
- Assets under management: $699.56M
- 1-year return: 35.5%
- Ticker: FSLEX
- SEC CIK: 0000320351
- SEC series ID: S000007461
- Share class ID: C000020435
FSLEX Holdings
Top 10 holdings of Fidelity Environment and Alternative Energy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tesla, Inc. | 9.65% |
| Microsoft Corp. | 8.15% |
| Cisco Systems, Inc. | 5.13% |
| Nxp Semiconductors NV | 4.55% |
| Arista Networks, Inc. | 3.67% |
| Analog Devices, Inc. | 3.63% |
| Eaton Corp. PLC | 3.41% |
| Prologis, Inc. | 3.32% |
| IBM Corporation | 3.17% |
| Linde PLC | 3.07% |
FSLEX Portfolio Allocation
Asset-class allocation of Fidelity Environment and Alternative Energy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 2.0% |
FSLEX Performance
Total returns for FSLEX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 15.7% |
| 1 year | 35.5% |
| 3 years (annualised) | 24.9% |
| 5 years (annualised) | 12.1% |
FSLEX Risk Information
Risk metrics for FSLEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.3%
FSLEX Costs and Fees
FSLEX costs about $68 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.68%
- Gross expense ratio: 0.68%
- Portfolio turnover: 50%
- Brokerage commissions: 1.49 bps of average net assets (SEC N-CEN)
FSLEX Cashflows
Over the 12 months to 2026-02, Fidelity Environment and Alternative Energy Fund had net outflows of $40.58M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $1.38M |
| 2026-01 | $3.41M |
| 2025-12 | −$4.36M |
| 2025-11 | −$542.52K |
| 2025-10 | −$540.65K |
| 2025-09 | $1.29M |
FSLEX Debt Constituents
No individual debt constituents are reported in Fidelity Environment and Alternative Energy Fund's latest SEC N-PORT filing.
FSLEX Prospectus and SEC Filings
Official Fidelity Environment and Alternative Energy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Thematic Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.