Summary
Fidelity Natural Resources Fund is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 48. The ten largest make up 63% of the fund.
- Positions
- 48
- Dividend yield
- 1.59%
What speaks for it
- Average yearly growth over the last ten years: 9.5%.
What to watch
- The ten largest positions make up 63% of the fund, so its result rests on a few names.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.6%
- 3 months
- +18%
- This year
- +40%
- 1 year
- +46%
- 3 years
- +70%
- 5 years
- +146%
- 10 years
- +148%
- Avg. market cap
- $225.2B
- P/E
- 17.9x
- Forward P/E
- 13.0x
- P/S
- 2.0x
- P/B
- 2.6x
- P/FCF
- 14.8x
- EV/EBITDA
- 9.0x
- Dividend yield
- 1.36%
- ROIC
- 9.3%
- ROE
- 16.8%
- Gross margin
- 35.1%
- Operating margin
- 22.6%
- Net margin
- 31.8%
- Payout ratio
- 24.4%
- Net debt/EBITDA
- 0.6x
- Beta
- 0.17
Weighted average of the 39 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 XOExxon Mobil XOM 19%
- 2 COConocoPhillips COP 6.3%
- 3 VLValero Energy Corporation VLO 6.1%
- 4 SHShell SHEL 6.0%
- 5 SUSuncor Energy Inc. SU.TO 5.1%
- 6 IMImperial Oil Limited IMO.TO 5.0%
- 7 ATAthabasca Oil Corporation ATH.TO 4.4%
- 8 PSPhillips 66 PSX 4.3%
- 9 FCFreeport-McMoRan Inc. FCX 3.7%
- 10 NENewmont NEM 3.4%
Positions in the fund: 48. The ten largest make up 63% of it.
Composition as of Oct 18, 2026.
Where is it spread?
By company size
- Mega cap 28%
- Large cap 59%
- Mid cap 9.7%
- Small cap 3.3%
- Micro cap 0.05%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 95% of the fund.
Largest size group: Large cap (59%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing over the long run- A year on average, 10 years
- +9.5%
- Deepest drop
- -30%
- Yearly volatility
- 19%
Average yearly growth over the last ten years: 9.5%. Deepest drop in these years: 30% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.59%
- Payments a year
- 2
- Last payment
- $0.23
Over the last 12 months it paid $1.15 per share, which is 1.59% of today's price. The last payment was $0.23 on Apr 10, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.9
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 22%
- Fairly valued 7.8%
- Overvalued 70%
On average the companies inside trade for 17.9 times their yearly profit. By Fair Price, 70% of the rated weight comes out as overvalued.
Counted from its largest companies (39), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
NA NANR State Street SPDR S&P North American Natural Resources ETF | United States | 0.35% | $847.1M | +39% | Pays out | 41% |
WE WEEI Westwood Salient Enhanced Energy Income ETF | United States | 0.85% | $24.2M | +26% | Pays out | 38% |
XU XUEN.DE Xtrackers MSCI USA Energy UCITS ETF 1D | Ireland | 0.12% | $84.6M | +62% | Pays out | 37% |
GX GXPE Global X Funds - Global X PureCap MSCI Energy ETF | United States | 0.25% | $1.60M | +58% | - | 37% |
ZP ZPDE.DE State Street SPDR S&P U.S. Energy Select Sector UCITS ETF (Acc) | Ireland | 0.15% | $1.04B | +67% | Reinvests | 37% |
QD QDVF.DE iShares S&P 500 Energy Sector UCITS ETF | Ireland | 0.15% | $1.10B | +67% | Reinvests | 37% |