*Energy sector performance is represented by the S&P Energy Select Sector index. The S&P Energy Select Sector index comprises those companies included in the S&P 500 that are classified as members of the energy sector, with capping applied to ensure diversification among companies within the index. Communications services sector performance is represented by the S&P Communications Services Select Sector index. The S&P Communications Services Select Sector index comprises those companies included in the S&P 500 that are classified as members of the communications services sector, with capping applied to ensure diversification among companies within the index. Data as of Dec. 9, 2022.
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Past performance is no guarantee of future results.
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As with all your investments through Fidelity, you must make your own determination whether an investment in any particular security or securities is consistent with your investment objectives, risk tolerance, financial situation, and evaluation of the security. Fidelity is not recommending or endorsing this investment by making it available to its customers.
The stocks mentioned are not necessarily holdings invested in by Fidelity. References to specific company stocks should not be construed as recommendations or investment advice. The statements and opinions are those of the speaker, do not necessarily represent the views of Fidelity as a whole, and are subject to change at any time, based on market or other conditions.
Indexes are unmanaged. It is not possible to invest directly in an index.
Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks. The securities of smaller, less well known companies can be more volatile than those of larger companies.
Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
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