Fidelity U.S. Sustainability Index targets best-in-sector environmental, social, and governance leaders while retaining the benefits of a broad-market index strategy. However, its mandate invites active bets and firm-specific risk. A recent upgrade to the team's People rating supports an upgrade to the fund’s Morningstar Analyst Rating to Silver from Bronze.
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.