Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FCNVX Fidelity Conservative Income Bond Institutional Class | Total Bond Market | 20% |
FFRHX Fidelity Floating Rate High Income Fund | High Yield Bonds | 20% |
FSAHX Fidelity Short Duration High Income Fund | High Yield Bonds | 20% |
FTHRX Fidelity Intermediate Bond Fund | Total Bond Market | 40% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in INCOME IRA 2024.05c, 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 Every 3 months.
Loading graphics...
The earliest data available for this chart is Nov 19, 2013, corresponding to the inception date of FSAHX
Returns By Period
As of Apr 2, 2026, the INCOME IRA 2024.05c returned -0.11% Year-To-Date and 3.31% of annualized return in the last 10 years.
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.43% | -3.84% | -1.98% | 16.08% | 16.86% | 10.37% | 12.29% |
Portfolio INCOME IRA 2024.05c | 0.00% | -0.52% | -0.11% | 0.99% | 4.74% | 5.70% | 3.01% | 3.31% |
| Portfolio components: | ||||||||
FFRHX Fidelity Floating Rate High Income Fund | 0.00% | 0.45% | -0.50% | 0.88% | 4.89% | 7.08% | 5.20% | 4.99% |
FCNVX Fidelity Conservative Income Bond Institutional Class | 0.00% | 0.23% | 0.85% | 1.87% | 4.23% | 5.13% | 3.48% | 2.54% |
FTHRX Fidelity Intermediate Bond Fund | 0.00% | -1.25% | -0.39% | 0.46% | 3.89% | 4.26% | 1.11% | 2.08% |
FSAHX Fidelity Short Duration High Income Fund | 0.57% | -1.00% | -0.12% | 1.30% | 6.83% | 7.73% | 4.08% | 4.67% |
Monthly Returns
Based on dividend-adjusted daily data since Nov 20, 2013, INCOME IRA 2024.05c's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, your investment would double in approximately 24.1 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +2.7%, while the worst month was Mar 2020 at -5.1%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, INCOME IRA 2024.05c closed higher 50% of trading days. The best single day was Mar 26, 2020 with a return of +1.6%, while the worst single day was Mar 18, 2020 at -1.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.28% | 0.38% | -0.76% | 0.00% | -0.11% | ||||||||
| 2025 | 0.65% | 0.76% | -0.06% | 0.27% | 0.57% | 1.03% | 0.21% | 0.99% | 0.53% | 0.36% | 0.51% | 0.31% | 6.30% |
| 2024 | 0.42% | -0.01% | 0.60% | -0.41% | 0.89% | 0.41% | 1.29% | 0.93% | 0.90% | -0.34% | 0.82% | -0.16% | 5.46% |
| 2023 | 2.03% | -0.63% | 0.97% | 0.73% | -0.42% | 0.59% | 0.73% | 0.42% | -0.27% | -0.34% | 2.01% | 1.92% | 7.97% |
| 2022 | -0.78% | -0.50% | -1.05% | -1.21% | -0.32% | -2.18% | 1.75% | -0.54% | -2.34% | 0.41% | 1.52% | -0.06% | -5.25% |
| 2021 | -0.03% | -0.19% | -0.25% | 0.50% | 0.30% | 0.26% | 0.26% | 0.18% | -0.09% | -0.10% | -0.29% | 0.33% | 0.88% |
Benchmark Metrics
INCOME IRA 2024.05c has an annualized alpha of 2.45%, beta of 0.04, and R² of 0.08 versus S&P 500 Index. Calculated based on daily prices since November 20, 2013.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (13.67%) than losses (9.98%) — typical of diversified or defensive assets.
- Beta of 0.04 may look defensive, but with R² of 0.08 this portfolio is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
- R² of 0.08 means this portfolio moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.45%
- Beta
- 0.04
- R²
- 0.08
- Upside Capture
- 13.67%
- Downside Capture
- 9.98%
Expense Ratio
INCOME IRA 2024.05c has an expense ratio of 0.51%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
INCOME IRA 2024.05c ranks 93 for risk / return — in the top 93% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.24 | 0.88 | +1.36 |
Sortino ratioReturn per unit of downside risk | 3.69 | 1.37 | +2.33 |
Omega ratioGain probability vs. loss probability | 1.53 | 1.21 | +0.32 |
Calmar ratioReturn relative to maximum drawdown | 3.27 | 1.39 | +1.88 |
Martin ratioReturn relative to average drawdown | 14.21 | 6.43 | +7.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
FFRHX Fidelity Floating Rate High Income Fund | 74 | 1.46 | 2.06 | 1.49 | 1.70 | 8.23 |
FCNVX Fidelity Conservative Income Bond Institutional Class | 100 | 3.35 | 15.77 | 6.80 | 21.28 | 84.05 |
FTHRX Fidelity Intermediate Bond Fund | 59 | 1.25 | 1.87 | 1.23 | 1.90 | 6.58 |
FSAHX Fidelity Short Duration High Income Fund | 94 | 2.13 | 3.19 | 1.52 | 2.85 | 13.11 |
Loading graphics...
Dividends
Dividend yield
INCOME IRA 2024.05c provided a 4.92% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.92% | 5.27% | 5.13% | 5.01% | 2.28% | 1.78% | 3.27% | 3.36% | 3.28% | 2.77% | 3.09% | 2.57% |
| Portfolio components: | ||||||||||||
FFRHX Fidelity Floating Rate High Income Fund | 6.75% | 7.41% | 6.94% | 8.24% | 3.81% | 2.74% | 3.84% | 5.15% | 4.74% | 4.05% | 4.44% | 3.69% |
FCNVX Fidelity Conservative Income Bond Institutional Class | 4.23% | 4.41% | 5.17% | 4.97% | 1.24% | 0.24% | 0.99% | 2.45% | 2.21% | 1.30% | 1.01% | 0.48% |
FTHRX Fidelity Intermediate Bond Fund | 3.34% | 3.59% | 3.49% | 2.94% | 1.55% | 1.53% | 4.16% | 2.49% | 2.48% | 2.20% | 2.63% | 2.13% |
FSAHX Fidelity Short Duration High Income Fund | 6.92% | 7.36% | 6.53% | 5.97% | 3.26% | 2.85% | 3.19% | 4.22% | 4.52% | 4.11% | 4.73% | 4.40% |
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the INCOME IRA 2024.05c. 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 INCOME IRA 2024.05c was 10.03%, occurring on Mar 23, 2020. Recovery took 79 trading sessions.
The current INCOME IRA 2024.05c drawdown is 0.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.03% | Mar 5, 2020 | 13 | Mar 23, 2020 | 79 | Jul 15, 2020 | 92 |
| -7.6% | Sep 15, 2021 | 278 | Oct 20, 2022 | 279 | Nov 30, 2023 | 557 |
| -3.54% | Jun 1, 2015 | 179 | Feb 12, 2016 | 52 | Apr 28, 2016 | 231 |
| -1.53% | Sep 2, 2014 | 75 | Dec 16, 2014 | 42 | Feb 18, 2015 | 117 |
| -1.47% | Oct 3, 2018 | 58 | Dec 26, 2018 | 9 | Jan 9, 2019 | 67 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 4 assets, with an effective number of assets of 3.57, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | FCNVX | FTHRX | FFRHX | FSAHX | Portfolio | |
|---|---|---|---|---|---|---|
| Benchmark | 1.00 | -0.01 | -0.09 | 0.28 | 0.44 | 0.16 |
| FCNVX | -0.01 | 1.00 | 0.35 | 0.29 | 0.29 | 0.42 |
| FTHRX | -0.09 | 0.35 | 1.00 | 0.09 | 0.25 | 0.81 |
| FFRHX | 0.28 | 0.29 | 0.09 | 1.00 | 0.58 | 0.48 |
| FSAHX | 0.44 | 0.29 | 0.25 | 0.58 | 1.00 | 0.67 |
| Portfolio | 0.16 | 0.42 | 0.81 | 0.48 | 0.67 | 1.00 |