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3-Fund FidelityZ

Last updated May 27, 2023

Asset Allocation


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


25.00%30.00%35.00%40.00%45.00%50.00%December2023FebruaryMarchAprilMay
32.66%
48.06%
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components

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 monthYear-To-Date6 months1 year5 years (annualized)10 years (annualized)
Benchmark0.86%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%
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%

Asset Correlations Table

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

FXNAXFZILXFZROX
FXNAX1.00-0.06-0.08
FZILX-0.061.000.81
FZROX-0.080.811.00

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current 3-Fund FidelityZ Sharpe ratio is 0.06. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.00December2023FebruaryMarchAprilMay
0.06
0.08
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components

Dividend yield

3-Fund FidelityZ granted a 2.36% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
3-Fund FidelityZ2.36%2.07%1.81%1.97%2.27%1.46%0.89%0.90%1.00%0.97%0.92%1.27%
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 ratioSortino ratioOmega ratioCalmar ratioUlcer 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.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%December2023FebruaryMarchAprilMay
-11.44%
-12.32%
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components

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, 202023Mar 23, 202084Jul 22, 2020107
-23.01%Nov 9, 2021237Oct 14, 2022
-12.52%Aug 30, 201880Dec 24, 201859Mar 21, 2019139
-5.97%Sep 3, 202014Sep 23, 202033Nov 9, 202047
-3.92%May 6, 201919May 31, 201913Jun 19, 201932

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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2023FebruaryMarchAprilMay
2.21%
3.82%
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components