VTTSX Fidelity Zero Equivalent 2023
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
FBIIX Fidelity International Bond Index Fund | Global Bonds | 2.70% |
FXNAX Fidelity U.S. Bond Index Fund | Total Bond Market | 7% |
FZILX Fidelity ZERO International Index Fund | Large Cap Blend Equities, Foreign Large Cap Equities | 36.40% |
FZROX Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 53.90% |
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 Quarterly
The earliest data available for this chart is Oct 10, 2019, corresponding to the inception date of FBIIX
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 22.29% | 1.65% | 15.83% | 39.98% | 13.99% | 11.23% |
| VTTSX Fidelity Zero Equivalent 2023 | 15.87% | -0.59% | 12.23% | 32.20% | 10.34% | N/A |
| Portfolio components: | ||||||
FZROX Fidelity ZERO Total Market Index Fund | 22.38% | 1.40% | 16.56% | 41.04% | 14.86% | N/A |
FZILX Fidelity ZERO International Index Fund | 10.12% | -3.18% | 7.97% | 25.73% | 6.15% | N/A |
FXNAX Fidelity U.S. Bond Index Fund | 2.02% | -2.73% | 4.75% | 10.33% | -0.50% | 1.31% |
FBIIX Fidelity International Bond Index Fund | 3.45% | -0.20% | 4.34% | 9.21% | 0.18% | N/A |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.06% | 3.96% | 3.01% | -3.45% | 4.15% | 1.50% | 2.16% | 2.22% | 2.07% | 15.87% | |||
| 2023 | 7.16% | -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% | -4.13% | -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% | 3.49% | 16.50% |
| 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% |
| 2019 | 3.46% | 2.39% | 3.10% | 9.22% |
Expense Ratio
VTTSX Fidelity Zero Equivalent 2023 has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VTTSX Fidelity Zero Equivalent 2023 is 40, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
FZROX Fidelity ZERO Total Market Index Fund | 3.01 | 3.99 | 1.56 | 4.17 | 19.07 |
FZILX Fidelity ZERO International Index Fund | 1.65 | 2.37 | 1.31 | 1.55 | 9.97 |
FXNAX Fidelity U.S. Bond Index Fund | 1.47 | 2.21 | 1.26 | 0.52 | 5.41 |
FBIIX Fidelity International Bond Index Fund | 2.73 | 4.39 | 1.54 | 0.83 | 13.91 |
Dividends
Dividend yield
VTTSX Fidelity Zero Equivalent 2023 provided a 1.88% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VTTSX Fidelity Zero Equivalent 2023 | 1.88% | 2.10% | 2.03% | 1.77% | 1.45% | 2.04% | 0.83% | 0.18% | 0.18% | 0.19% | 0.18% | 0.17% |
| Portfolio components: | ||||||||||||
FZROX Fidelity ZERO Total Market Index Fund | 1.11% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FZILX Fidelity ZERO International Index Fund | 2.71% | 2.98% | 2.71% | 2.61% | 1.64% | 2.83% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXNAX Fidelity U.S. Bond Index Fund | 3.01% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% | 2.39% |
FBIIX Fidelity International Bond Index Fund | 3.15% | 2.85% | 1.02% | 0.62% | 0.74% | 0.17% | 0.00% | 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.
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 1.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.1% | Feb 13, 2020 | 27 | Mar 23, 2020 | 102 | Aug 17, 2020 | 129 |
| -25.39% | Nov 9, 2021 | 237 | Oct 14, 2022 | 326 | Jan 29, 2024 | 563 |
| -7.17% | Jul 17, 2024 | 14 | Aug 5, 2024 | 14 | Aug 23, 2024 | 28 |
| -6.87% | Sep 3, 2020 | 14 | Sep 23, 2020 | 32 | Nov 6, 2020 | 46 |
| -4.9% | Sep 7, 2021 | 20 | Oct 4, 2021 | 18 | Oct 28, 2021 | 38 |
Volatility
Volatility Chart
The current VTTSX Fidelity Zero Equivalent 2023 volatility is 2.21%, 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.
Diversification
Asset Correlations Table
| FXNAX | FBIIX | FZROX | FZILX | |
|---|---|---|---|---|
| FXNAX | 1.00 | 0.71 | 0.04 | 0.07 |
| FBIIX | 0.71 | 1.00 | 0.07 | 0.07 |
| FZROX | 0.04 | 0.07 | 1.00 | 0.80 |
| FZILX | 0.07 | 0.07 | 0.80 | 1.00 |