Fidelity Select Defense and Aerospace Portfolio

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Fidelity Select Defense & Aerospace (FSDAX)
Type
Open-end mutual fund
Military weapon grade: Fund is invested in military contractors above the threshold of 4%. Assigned a grade of F.
How we track weapon investments
F
$2.14 BILLION
Military weapons
31
military weapon stocks found
93%
of assets flagged
Data as of 31 May 2025
Military contractors
Military contractors
Largest international arms manufacturers and military contractors
31
holdings
$2.14B
invested
93%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments and delivery systems
19
holdings
$1.71B
invested
74%
of portfolio
Controversial weapons
Controversial weapons
Manufacturers involved with cluster munitions, landmines, white phosphorus, depleted uranium
11
holdings
$740.19M
invested
32%
of portfolio
Military weapon companies
31 holdings
31 holdings
  • 1.  GE Aerospace
    Nuclear weapons
    $464.97M
    20%
  • 2.  Boeing Co
    Nuclear weapons
    $342.41M
    15%
  • 3.  RTX Corp
    Nuclear weaponsControversial weapons
    $218.34M
    9.48%
  • 4.  Howmet Aerospace Inc
    $124.27M
    5.4%
  • 5.  General Dynamics Corp
    Nuclear weaponsControversial weapons
    $103.01M
    4.47%
See all
  For each weapons category, we show the fund's exposure. When calculating a portfolio's percent exposure to a list of companies, we only consider long investments, ignoring any shorts or liabilities.
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

Financial performance
Performance data provided byMorningstarFind more financial data on FSDAX at Morningstar.com
Current fund
FSDAX
Fidelity Select Defense and Aerospace Portfolio
Family
Fidelity Investments
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 10-yr returns 
3.68% more in annualized returns
More invested in military weapons 
89% more invested
More invested in major military contractors 
89% more invested
More invested in manufacturers/servicers of nuclear weapons 
72% more invested
More invested in manufacturers of controversial weapons 
31% more invested
Current fund
FSDAX
Fidelity Select Defense and Aerospace Portfolio
Family
Fidelity Investments
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 10-yr returns 
3.68% more in annualized returns
More invested in military weapons 
89% more invested
More invested in major military contractors 
89% more invested
More invested in manufacturers/servicers of nuclear weapons 
72% more invested
More invested in manufacturers of controversial weapons 
31% more invested
Current fund
FSDAX
Fidelity Select Defense and Aerospace Portfolio
Family
Fidelity Investments
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 6/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 10-yr returns 
3.68% more in annualized returns
More invested in military weapons 
89% more invested
More invested in major military contractors 
89% more invested
More invested in manufacturers/servicers of nuclear weapons 
72% more invested
More invested in manufacturers of controversial weapons 
31% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
FSDAX - Fidelity Select Defense and Aerospace Portfolio
46%
27%
20%
14%
93% 
Benchmark
ACWI - iShares MSCI ACWI ETF
16%
17%
14%
10%
4% 
Fund compared to benchmark
 
29%
9.44%
6%
3.68%
89%  higher
Find more financial data on FSDAX at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Action toolkit
Ask your employer about weapon free options for your retirement plan
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