Fidelity U.S. Sustainability Index FITLX targets best-in-sector ESG leaders while retaining some of the benefits of a broad-market index strategy. However, its environmental, social, and governance mandate can add some active risk that might not be rewarded. The fund earns a Morningstar Analyst Rating of Silver.
Will FITLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FITLX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FITLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FITLX’s parent organization’s priorities and whether they’re in line with investors’ interests.