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3-Fund FidelityZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


FXNAX 30%FZROX 50%FZILX 20%BondBondEquityEquity
PositionCategory/SectorWeight
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%

S&P 500

Performance

Performance Chart

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


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
11.68%
15.50%
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Aug 3, 2018, corresponding to the inception date of FZROX

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
5.90%-1.28%15.51%21.68%11.74%10.50%
3-Fund FidelityZ1.92%-1.75%11.69%12.48%7.65%N/A
FZROX
Fidelity ZERO Total Market Index Fund
5.48%-1.41%16.23%22.98%12.85%N/A
FZILX
Fidelity ZERO International Index Fund
0.54%-2.88%10.81%7.08%4.89%N/A
FXNAX
Fidelity U.S. Bond Index Fund
-3.18%-1.69%4.67%-0.53%-0.11%1.22%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.31%2.91%2.56%
2023-3.92%-2.47%7.78%4.73%

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.


0.50%1.00%1.50%2.00%0.03%
0.50%1.00%1.50%2.00%0.00%
0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

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.


3-Fund FidelityZ
Sharpe ratio
The chart of Sharpe ratio for 3-Fund FidelityZ, currently valued at 1.41, compared to the broader market-1.000.001.002.003.004.005.001.41
Sortino ratio
The chart of Sortino ratio for 3-Fund FidelityZ, currently valued at 2.13, compared to the broader market-2.000.002.004.006.002.13
Omega ratio
The chart of Omega ratio for 3-Fund FidelityZ, currently valued at 1.25, compared to the broader market0.801.001.201.401.601.801.25
Calmar ratio
The chart of Calmar ratio for 3-Fund FidelityZ, currently valued at 0.89, compared to the broader market0.002.004.006.008.0010.000.89
Martin ratio
The chart of Martin ratio for 3-Fund FidelityZ, currently valued at 4.42, compared to the broader market0.0010.0020.0030.0040.0050.004.42
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market-1.000.001.002.003.004.005.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.801.001.201.401.601.801.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market0.0010.0020.0030.0040.0050.007.62

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
FZROX
Fidelity ZERO Total Market Index Fund
1.962.821.341.557.62
FZILX
Fidelity ZERO International Index Fund
0.570.911.110.411.72
FXNAX
Fidelity U.S. Bond Index Fund
-0.13-0.140.98-0.05-0.30

Sharpe Ratio

The current 3-Fund FidelityZ Sharpe ratio is 1.41. A Sharpe ratio greater than 1.0 is considered acceptable.

-1.000.001.002.003.004.005.001.41

The Sharpe ratio of 3-Fund FidelityZ 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 Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.41
1.89
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

3-Fund FidelityZ granted a 2.19% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
3-Fund FidelityZ2.19%2.15%2.06%1.76%1.88%2.12%1.32%0.77%0.76%0.83%0.78%0.72%
FZROX
Fidelity ZERO Total Market Index Fund
1.29%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
2.96%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
3.16%2.91%2.43%2.06%3.07%2.67%2.73%2.58%2.54%2.75%2.59%2.39%

Drawdowns

Drawdowns Chart

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


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-3.73%
-3.86%
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the 3-Fund FidelityZ. 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 3-Fund FidelityZ was 24.55%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.

The current 3-Fund FidelityZ drawdown is 3.73%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.55%Feb 20, 202023Mar 23, 202084Jul 22, 2020107
-23.01%Nov 9, 2021237Oct 14, 2022343Feb 22, 2024580
-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

Volatility Chart

The current 3-Fund FidelityZ volatility is 2.46%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
2.46%
3.39%
3-Fund FidelityZ
Benchmark (^GSPC)
Portfolio components

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.

FXNAXFZILXFZROX
FXNAX1.00-0.00-0.03
FZILX-0.001.000.80
FZROX-0.030.801.00