Fund Evaluator:
Fidelity Advisor Sustainable U.S. Eq A (FSEKX)
Follow This Fund
Best Performing in Large Blend Over the Last Year
| 49.8% | PRIMECAP Odyssey Growth (POGRX) |
| 48.6% | Vanguard PRIMECAP Core Inv (VPCCX) |
| 45.8% | Vanguard PRIMECAP Adm (VPMAX) |
| 45.7% | Vanguard PRIMECAP Inv (VPMCX) |
| 42.3% | Midas Special Opportunities (MISEX) |
Fund Details
Fidelity Advisor Sustainable U.S. Eq A Overview
Fidelity Advisor Sustainable U.S. Eq A (FSEKX) is an actively managed U.S. Equity Large Blend fund. Fidelity Investments launched the fund in 2021.
The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in equity securities of U.S. companies that Fidelity Management & Research Company LLC (FMR) believes have proven or improving sustainability practices based on an evaluation of such companies' individual environmental, social, and governance (ESG) profile. It invests in securities of domestic and foreign issuers.
About Fidelity Advisor Sustainable U.S. Eq A (FSEKX)
There are 1 members of the management team with an average tenure of 1.13 years: Preeti Sayana (2025). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and MSCI USA IMI SELECTION NR USD index with a weighting of 100%. Fidelity Advisor Sustainable U.S. Eq A has 91 securities in its portfolio. The top 10 holdings constitute 39.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is considered to have an ESG focus with its investment selection and management.
Fidelity Advisor Sustainable U.S. Eq A is part of the Equity global asset class and is within the U.S. Equity fund group. Fidelity Advisor Sustainable U.S. Eq A has 8.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 88.5%. There is 8.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Fidelity Advisor Sustainable U.S. Eq A has 3.0% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FSEKX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Fidelity Advisor Sustainable U.S. Eq A expense ratio is high compared to funds in the Large Blend category. Fidelity Advisor Sustainable U.S. Eq A has an expense ratio of 1.15%, which is 42% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Fidelity Advisor Sustainable U.S. Eq A has a portfolio turnover rate of 51%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of July 2026, Fidelity Advisor Sustainable U.S. Eq A returned -1.6%, which earned it a grade of F, as the Large Blend category had an average return of 0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Fidelity Advisor Sustainable U.S. Eq A has a trailing yield of 0.00%, which is below the 0.56% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Fidelity Advisor Sustainable U.S. Eq A Grades
Year to date, the fund has returned 12.0%, 2.7 percentage points better than the category, which translates into a grade of A. The fund has returned 20.5% over the past year (grade of B), 17.0% over the past three years (grade of D) and 10.6% per year over the past five years (grade of D).
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FSEKX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FSEKX Return (NAV) | -1.6% | 4.9% | 20.5% | 17.0% | 10.6% | na |
| FSEKX Grade | F | B | B | D | D | na |
| +/- Category | -2.0% | 0.9% | 3.1% | -0.3% | -0.5% | na |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| FSEKX Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.1% | na |
FSEKX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FSEKX Return (NAV) | 12.0% | 15.1% | 19.9% | 24.3% | -19.8% | na | na | na | na | na | na |
| FSEKX Grade | A | D | D | C | D | na | na | na | na | na | na |
| +/- Category | 2.7% | -0.7% | -2.1% | 0.6% | -2.5% | na | na | na | na | na | na |
| Large Blend Avg | 9.3% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 15.3% |
| Total Risk Index: | 1.25 - Above Average |
| Category Risk Index: | 1.15 - High |
| Category Risk Grade: | F (97% Rank) |
| Beta: | 1.13 |
| R-Squared: | 94% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $37 Mil |
| Fund Total Assets: | $ 2 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 51% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 1.1 years | |||
| Average Tenure: 1.1 years | |||
| Managers (Year): Sayana Preeti (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 91 |
| % in Top 10 Holdings: | 39.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 8.4% |
Portfolio Allocation |
|
| Domestic Stock: | 88.5% |
| Foreign Stock: | 8.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 3.0% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 877-208-0098 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | June 15, 2021 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 5.75% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.15% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | Fidelity Advisor Sustainable U.S. Eq Z |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
