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VTTSX Fidelity Zero Equivalent 2023
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in VTTSX Fidelity Zero Equivalent 2023, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.


50.00%60.00%70.00%80.00%90.00%100.00%110.00%December2025FebruaryMarchAprilMay
72.83%
92.77%
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 10, 2019, corresponding to the inception date of FBIIX

Returns By Period


YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500
-3.70%13.67%-5.18%9.18%14.14%10.43%
VTTSX Fidelity Zero Equivalent 20232.06%13.50%-0.53%10.25%12.21%N/A
FZROX
Fidelity ZERO Total Market Index Fund
-3.63%14.26%-5.11%10.04%15.30%N/A
FZILX
Fidelity ZERO International Index Fund
10.86%16.40%5.51%11.04%10.76%N/A
FXNAX
Fidelity U.S. Bond Index Fund
1.37%-0.19%0.69%4.73%-1.21%1.31%
FBIIX
Fidelity International Bond Index Fund
0.32%0.54%1.69%5.06%0.42%N/A
*Annualized

Monthly Returns

The table below presents the monthly returns of VTTSX Fidelity Zero Equivalent 2023, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.13%-0.06%-3.11%0.80%1.39%2.06%
20240.06%3.96%3.01%-3.45%4.15%1.50%2.16%2.22%2.07%-2.29%3.65%-2.65%14.92%
20237.16%-2.97%2.70%1.26%-1.02%5.37%3.29%-2.68%-4.06%-2.84%8.60%5.05%20.55%
2022-4.32%-2.68%1.40%-7.56%0.52%-7.77%6.66%-3.78%-9.02%5.75%8.09%-4.12%-17.20%
2021-0.30%2.27%2.40%3.86%1.37%1.27%0.59%2.24%-3.77%4.59%-2.32%3.40%16.38%
2020-1.14%-6.73%-12.99%10.05%4.65%2.86%4.52%5.46%-2.77%-2.06%11.45%4.50%16.19%
20193.46%2.39%3.06%9.18%

Expense Ratio

VTTSX Fidelity Zero Equivalent 2023 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.


Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VTTSX Fidelity Zero Equivalent 2023 is 52, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of VTTSX Fidelity Zero Equivalent 2023 is 5252
Overall Rank
The Sharpe Ratio Rank of VTTSX Fidelity Zero Equivalent 2023 is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of VTTSX Fidelity Zero Equivalent 2023 is 4747
Sortino Ratio Rank
The Omega Ratio Rank of VTTSX Fidelity Zero Equivalent 2023 is 4949
Omega Ratio Rank
The Calmar Ratio Rank of VTTSX Fidelity Zero Equivalent 2023 is 5252
Calmar Ratio Rank
The Martin Ratio Rank of VTTSX Fidelity Zero Equivalent 2023 is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.



Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
FZROX
Fidelity ZERO Total Market Index Fund
0.510.801.120.491.87
FZILX
Fidelity ZERO International Index Fund
0.681.001.140.782.40
FXNAX
Fidelity U.S. Bond Index Fund
0.891.271.150.332.07
FBIIX
Fidelity International Bond Index Fund
1.802.751.350.788.17

The current VTTSX Fidelity Zero Equivalent 2023 Sharpe ratio is 0.66. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 0.44 to 0.96, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.

Use the chart below to compare the Sharpe ratio of VTTSX Fidelity Zero Equivalent 2023 with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.66
0.48
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

VTTSX Fidelity Zero Equivalent 2023 provided a 1.94% dividend yield over the last twelve months.


TTM20242023202220212020201920182017201620152014
Portfolio1.94%2.05%2.10%2.03%1.69%1.52%2.00%0.77%0.18%0.18%0.19%0.18%
FZROX
Fidelity ZERO Total Market Index Fund
1.20%1.16%1.36%1.57%1.08%1.27%1.45%0.63%0.00%0.00%0.00%0.00%
FZILX
Fidelity ZERO International Index Fund
2.71%3.00%2.98%2.71%2.61%1.64%2.83%0.66%0.00%0.00%0.00%0.00%
FXNAX
Fidelity U.S. Bond Index Fund
3.17%3.40%2.91%2.43%2.06%3.07%2.67%2.73%2.58%2.54%2.75%2.59%
FBIIX
Fidelity International Bond Index Fund
3.16%3.44%2.85%1.02%0.62%0.74%0.09%0.00%0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-3.20%
-7.82%
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the VTTSX Fidelity Zero Equivalent 2023. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the VTTSX Fidelity Zero Equivalent 2023 was 31.10%, occurring on Mar 23, 2020. Recovery took 102 trading sessions.

The current VTTSX Fidelity Zero Equivalent 2023 drawdown is 3.20%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.1%Feb 13, 202027Mar 23, 2020102Aug 17, 2020129
-25.47%Nov 9, 2021237Oct 14, 2022326Jan 29, 2024563
-14.71%Feb 19, 202535Apr 8, 2025
-7.17%Jul 17, 202414Aug 5, 202414Aug 23, 202428
-6.87%Sep 3, 202014Sep 23, 202032Nov 6, 202046

Volatility

Volatility Chart

The current VTTSX Fidelity Zero Equivalent 2023 volatility is 8.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
8.39%
11.21%
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components

Diversification

Diversification Metrics


Number of Effective Assets

The portfolio contains 4 assets, with an effective number of assets of 2.33, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

^GSPCFXNAXFBIIXFZILXFZROXPortfolio
^GSPC1.000.040.070.770.990.96
FXNAX0.041.000.700.070.040.08
FBIIX0.070.701.000.060.070.09
FZILX0.770.070.061.000.790.91
FZROX0.990.040.070.791.000.97
Portfolio0.960.080.090.910.971.00
The correlation results are calculated based on daily price changes starting from Oct 11, 2019