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VTTSX Fidelity Zero Equivalent 2023

Last updated Sep 23, 2023

Asset Allocation


FXNAX 7%FBIIX 2.7%FZROX 53.9%FZILX 36.4%BondBondEquityEquity
PositionCategory/SectorWeight
FXNAX
Fidelity U.S. Bond Index Fund
Total Bond Market7%
FBIIX
Fidelity International Bond Index Fund
Global Bonds2.7%
FZROX
Fidelity ZERO Total Market Index Fund
Large Cap Blend Equities53.9%
FZILX
Fidelity ZERO International Index Fund
Large Cap Blend Equities, Foreign Large Cap Equities36.4%

Performance

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


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
5.87%
8.61%
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components

Returns


1 month6 monthsYear-To-Date1 year5 years (annualized)10 years (annualized)
Benchmark-2.61%8.79%12.52%14.96%10.22%N/A
VTTSX Fidelity Zero Equivalent 2023-1.77%6.12%9.76%15.23%7.76%N/A
FZROX
Fidelity ZERO Total Market Index Fund
-2.58%9.34%13.11%16.08%11.42%N/A
FZILX
Fidelity ZERO International Index Fund
-0.85%3.65%7.14%17.47%4.42%N/A
FXNAX
Fidelity U.S. Bond Index Fund
-0.84%-3.46%0.20%0.56%-2.06%N/A
FBIIX
Fidelity International Bond Index Fund
-0.78%-0.60%2.45%1.32%-1.93%N/A

Asset Correlations Table

The table below shows the correlation coefficients between the assets in the portfolio.

FXNAXFBIIXFZROXFZILX
FXNAX1.000.680.000.02
FBIIX0.681.000.050.04
FZROX0.000.051.000.81
FZILX0.020.040.811.00

Sharpe Ratio

The current VTTSX Fidelity Zero Equivalent 2023 Sharpe ratio is 1.19. A Sharpe ratio greater than 1.0 is considered acceptable.

-1.000.001.002.003.004.001.19

The Sharpe ratio of VTTSX Fidelity Zero Equivalent 2023 lies between the 25th and 75th percentiles. It indicates that the portfolio's 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.


Rolling 12-month Sharpe Ratio-0.500.000.501.00AprilMayJuneJulyAugustSeptember
1.19
0.98
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components

Dividend yield

VTTSX Fidelity Zero Equivalent 2023 granted a 1.94% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
VTTSX Fidelity Zero Equivalent 20231.94%2.04%1.83%1.58%2.16%0.90%0.21%0.21%0.24%0.23%0.22%0.30%
FZROX
Fidelity ZERO Total Market Index Fund
1.39%1.57%1.26%1.30%1.57%0.78%0.00%0.00%0.00%0.00%0.00%0.00%
FZILX
Fidelity ZERO International Index Fund
2.53%2.71%2.68%1.73%3.04%0.73%0.00%0.00%0.00%0.00%0.00%0.00%
FXNAX
Fidelity U.S. Bond Index Fund
3.12%2.48%2.15%3.28%2.94%3.10%3.00%3.03%3.36%3.26%3.09%4.29%
FBIIX
Fidelity International Bond Index Fund
1.76%1.03%0.63%0.76%0.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Expense Ratio

The 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.


0.06%
0.00%2.15%
0.03%
0.00%2.15%
0.00%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FZROX
Fidelity ZERO Total Market Index Fund
0.83
FZILX
Fidelity ZERO International Index Fund
1.02
FXNAX
Fidelity U.S. Bond Index Fund
0.11
FBIIX
Fidelity International Bond Index Fund
0.25

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%AprilMayJuneJulyAugustSeptember
-9.91%
-9.93%
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the VTTSX Fidelity Zero Equivalent 2023. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the VTTSX Fidelity Zero Equivalent 2023 is 31.10%, recorded on Mar 23, 2020. It took 102 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.1%Feb 13, 202027Mar 23, 2020102Aug 17, 2020129
-25.39%Nov 9, 2021237Oct 14, 2022
-6.87%Sep 3, 202014Sep 23, 202031Nov 5, 202045
-4.9%Sep 7, 202120Oct 4, 202118Oct 28, 202138
-4.49%Feb 17, 202112Mar 4, 202121Apr 5, 202133

Volatility Chart

The current VTTSX Fidelity Zero Equivalent 2023 volatility is 2.92%, 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%2.50%3.00%3.50%4.00%4.50%5.00%5.50%AprilMayJuneJulyAugustSeptember
2.92%
3.41%
VTTSX Fidelity Zero Equivalent 2023
Benchmark (^GSPC)
Portfolio components