3-Fund FidelityZ
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
FXNAX Fidelity U.S. Bond Index Fund | Total Bond Market | 30% |
FZROX Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 50% |
FZILX Fidelity ZERO International Index Fund | Large Cap Blend Equities, Foreign Large Cap Equities | 20% |
Performance
The chart shows the growth of an initial investment of $10,000 in 3-Fund FidelityZ, 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
Returns
As of May 27, 2023, the 3-Fund FidelityZ returned 6.74% Year-To-Date and 6.04% of annualized return in the last 10 years.
| 1 month | Year-To-Date | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | 0.86% | 9.53% | 4.45% | 1.14% | 8.48% | 8.48% |
| 3-Fund FidelityZ | -0.47% | 6.74% | 4.00% | 0.51% | 6.04% | 6.04% |
| Portfolio components: | ||||||
FZROX Fidelity ZERO Total Market Index Fund | 1.04% | 9.51% | 4.48% | 1.97% | 9.54% | 9.54% |
FZILX Fidelity ZERO International Index Fund | -1.50% | 7.34% | 6.88% | 1.56% | 3.25% | 3.25% |
FXNAX Fidelity U.S. Bond Index Fund | -2.29% | 1.80% | 1.32% | -3.49% | 0.64% | 0.64% |
| Returns over 1 year are annualized | ||||||
Asset Correlations Table
| FXNAX | FZILX | FZROX | |
|---|---|---|---|
| FXNAX | 1.00 | -0.06 | -0.08 |
| FZILX | -0.06 | 1.00 | 0.81 |
| FZROX | -0.08 | 0.81 | 1.00 |
Dividend yield
3-Fund FidelityZ granted a 2.36% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3-Fund FidelityZ | 2.36% | 2.07% | 1.81% | 1.97% | 2.27% | 1.46% | 0.89% | 0.90% | 1.00% | 0.97% | 0.92% | 1.27% |
| Portfolio components: | ||||||||||||
FZROX Fidelity ZERO Total Market Index Fund | 1.44% | 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 | 3.79% | 2.46% | 2.13% | 3.25% | 2.91% | 3.07% | 2.97% | 3.00% | 3.33% | 3.22% | 3.06% | 4.24% |
Expense Ratio
The 3-Fund FidelityZ has an expense ratio of 0.01% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
FZROX Fidelity ZERO Total Market Index Fund | 0.31 | ||||
FZILX Fidelity ZERO International Index Fund | 0.22 | ||||
FXNAX Fidelity U.S. Bond Index Fund | -0.38 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the 3-Fund FidelityZ. 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 3-Fund FidelityZ is 24.55%, recorded on Mar 23, 2020. It took 84 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.55% | Feb 20, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -23.01% | Nov 9, 2021 | 237 | Oct 14, 2022 | — | — | — |
| -12.52% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -5.97% | Sep 3, 2020 | 14 | Sep 23, 2020 | 33 | Nov 9, 2020 | 47 |
| -3.92% | May 6, 2019 | 19 | May 31, 2019 | 13 | Jun 19, 2019 | 32 |
Volatility Chart
The current 3-Fund FidelityZ 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.