Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FTHRX Fidelity Intermediate Bond Fund | Total Bond Market | 40% |
FFRHX Fidelity Floating Rate High Income Fund | Bank Loan | 20% |
FCNVX Fidelity Conservative Income Bond Institutional Class | Total Bond Market | 20% |
FSAHX Fidelity Short Duration High Income Fund | High Yield Bonds | 20% |
Find the right asset allocation for INCOME IRA 2024.05c
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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.
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Returns By Period
As of Jun 9, 2026, the INCOME IRA 2024.05c returned 1.10% Year-To-Date and 3.24% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio INCOME IRA 2024.05c | -0.24% | -0.04% | 1.10% | 1.53% | 5.28% | 5.95% | 3.07% | 3.24% |
| Portfolio components: | ||||||||
FCNVX Fidelity Conservative Income Bond Institutional Class | 0.00% | 0.33% | 1.50% | 1.85% | 4.24% | 5.03% | 3.58% | 2.58% |
FFRHX Fidelity Floating Rate High Income Fund | -0.11% | 0.33% | 1.82% | 2.24% | 5.90% | 7.48% | 5.42% | 4.91% |
FSAHX Fidelity Short Duration High Income Fund | -0.33% | 0.05% | 2.62% | 3.15% | 8.43% | 8.37% | 4.38% | 4.50% |
FTHRX Fidelity Intermediate Bond Fund | -0.39% | -0.46% | -0.24% | 0.21% | 3.93% | 4.40% | 0.96% | 2.00% |
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, an 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% | -0.43% | 0.76% | 0.44% | -0.33% | 1.10% | ||||||
| 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% | 0.32% | 1.29% | 0.93% | 0.90% | -0.34% | 0.82% | -0.16% | 5.36% |
| 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 0.09 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 (13.27%) than losses (9.83%) - typical of diversified or defensive assets.
- Beta of 0.04 may look defensive, but with R2 of 0.09 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 0.09 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
- 0.09
- Upside Capture
- 13.27%
- Downside Capture
- 9.83%
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 90 for risk / return — in the top 90% 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
The table below presents risk-adjusted performance metrics for INCOME IRA 2024.05c and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 2.59 | 1.94 | +0.65 |
| Sortino ratioReturn per unit of downside risk | 5.17 | 2.63 | +2.55 |
| Omega ratioGain probability vs. loss probability | 1.63 | 1.35 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.58 | 2.59 | +1.99 |
| Martin ratioReturn relative to average drawdown | 21.29 | 11.84 | +9.45 |
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.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
FCNVX Fidelity Conservative Income Bond Institutional Class | 99 | 3.52 | 23.50 | 13.78 | 41.82 | 153.67 |
FFRHX Fidelity Floating Rate High Income Fund | 91 | 2.51 | 5.98 | 1.89 | 4.97 | 17.53 |
FSAHX Fidelity Short Duration High Income Fund | 94 | 2.84 | 5.38 | 1.72 | 4.75 | 25.31 |
FTHRX Fidelity Intermediate Bond Fund | 22 | 1.26 | 1.95 | 1.23 | 1.68 | 4.94 |
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Dividends
Dividend yield
INCOME IRA 2024.05c provided a 5.19% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.19% | 5.27% | 5.04% | 5.01% | 2.28% | 1.78% | 3.27% | 3.36% | 3.28% | 2.77% | 3.09% | 2.57% |
| Portfolio components: | ||||||||||||
FCNVX Fidelity Conservative Income Bond Institutional Class | 4.15% | 4.41% | 5.17% | 4.97% | 1.24% | 0.24% | 0.99% | 2.45% | 2.21% | 1.30% | 1.01% | 0.48% |
FFRHX Fidelity Floating Rate High Income Fund | 7.09% | 7.41% | 6.94% | 8.24% | 3.81% | 2.74% | 3.84% | 5.15% | 4.74% | 4.05% | 4.44% | 3.69% |
FSAHX Fidelity Short Duration High Income Fund | 7.31% | 7.36% | 6.08% | 5.97% | 3.26% | 2.85% | 3.19% | 4.22% | 4.52% | 4.11% | 4.73% | 4.40% |
FTHRX Fidelity Intermediate Bond Fund | 3.71% | 3.59% | 3.49% | 2.94% | 1.55% | 1.53% | 4.16% | 2.49% | 2.48% | 2.20% | 2.63% | 2.13% |
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.
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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 0.33%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -10.03%Mar 2020 | 18d | 3mo 24d | 4mo 12dMar 2020 - Jul 2020 |
Bear market2022 | -7.60%Oct 2022 | 1y 1mo | 1y 1mo | 2y 2moSep 2021 - Nov 2023 |
2016 pullback2016 | -3.54%Feb 2016 | 8mo 16d | 2mo 16d | 11mo 2dJun 2015 - Apr 2016 |
2014 pullback2014 | -1.53%Dec 2014 | 3mo 15d | 2mo 4d | 5mo 19dSep 2014 - Feb 2015 |
Rate-hike selloffLate 2018 | -1.47%Dec 2018 | 2mo 24d | 14d | 3mo 8dOct 2018 - Jan 2019 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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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. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.22 | 1.26 | 1.28 | 1.29 | 1.31 |
The portfolio has a diversification ratio of 1.31, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
INCOME IRA 2024.05c correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2013 | 0.17 |
Benchmark Correlations
Correlation vs. S&P 500 Index. FSAHX has the highest benchmark correlation at 0.44, while FTHRX has the lowest at -0.07.
Asset Correlations Table
Find what INCOME IRA 2024.05c is missing
See which holdings overlap, where INCOME IRA 2024.05c is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification