Three Fund Boglehead
FZROX, FZILX, FXNAX
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
FXNAX Fidelity U.S. Bond Index Fund | Total Bond Market | 10% |
FZILX Fidelity ZERO International Index Fund | Large Cap Blend Equities, Foreign Large Cap Equities | 15% |
FZROX Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 75% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Three Fund Boglehead, 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
The earliest data available for this chart is Aug 3, 2018, corresponding to the inception date of FZROX
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 18.13% | 1.45% | 8.81% | 26.52% | 13.43% | 10.88% |
| Three Fund Boglehead | 15.57% | 1.67% | 8.45% | 24.41% | 12.08% | N/A |
| Portfolio components: | ||||||
FZROX Fidelity ZERO Total Market Index Fund | 18.05% | 1.71% | 9.12% | 27.74% | 14.49% | N/A |
FZILX Fidelity ZERO International Index Fund | 10.12% | 1.16% | 6.18% | 17.39% | 6.84% | N/A |
FXNAX Fidelity U.S. Bond Index Fund | 5.28% | 2.09% | 6.69% | 10.47% | 0.58% | 1.91% |
Monthly Returns
The table below presents the monthly returns of Three Fund Boglehead, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.64% | 4.42% | 2.98% | -3.87% | 4.32% | 2.30% | 2.00% | 2.11% | 15.57% | ||||
| 2023 | 6.85% | -2.61% | 2.67% | 1.09% | -0.26% | 5.83% | 3.26% | -2.17% | -4.40% | -2.67% | 8.82% | 5.10% | 22.54% |
| 2022 | -5.00% | -2.50% | 2.09% | -8.08% | 0.18% | -7.70% | 7.81% | -3.72% | -8.89% | 6.60% | 6.40% | -4.89% | -18.00% |
| 2021 | -0.40% | 2.49% | 2.78% | 4.37% | 0.86% | 1.91% | 1.25% | 2.45% | -4.01% | 5.46% | -1.71% | 3.52% | 20.27% |
| 2020 | -0.48% | -6.99% | -12.53% | 11.24% | 4.78% | 2.45% | 4.95% | 6.01% | -3.15% | -1.97% | 11.16% | 4.25% | 18.36% |
| 2019 | 7.63% | 2.94% | 1.44% | 3.40% | -5.54% | 6.29% | 0.84% | -1.57% | 1.72% | 2.17% | 2.95% | 2.85% | 27.45% |
| 2018 | 1.78% | 0.16% | -6.82% | 1.74% | -7.43% | -10.53% |
Expense Ratio
Three Fund Boglehead has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of Three Fund Boglehead is 77, placing it in the top 23% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
FZROX Fidelity ZERO Total Market Index Fund | 2.46 | 3.27 | 1.45 | 2.33 | 14.77 |
FZILX Fidelity ZERO International Index Fund | 1.46 | 2.09 | 1.28 | 1.09 | 8.71 |
FXNAX Fidelity U.S. Bond Index Fund | 1.75 | 2.60 | 1.31 | 0.62 | 7.35 |
Dividends
Dividend yield
Three Fund Boglehead granted a 1.58% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Three Fund Boglehead | 1.58% | 1.76% | 1.83% | 1.53% | 1.50% | 1.82% | 0.93% | 0.26% | 0.25% | 0.28% | 0.26% | 0.24% |
| Portfolio components: | ||||||||||||
FZROX Fidelity ZERO Total Market Index Fund | 1.15% | 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 | 2.71% | 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 | 3.13% | 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. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Three Fund Boglehead. 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 Three Fund Boglehead was 31.36%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current Three Fund Boglehead drawdown is 0.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.36% | Feb 20, 2020 | 23 | Mar 23, 2020 | 95 | Aug 6, 2020 | 118 |
| -24.48% | Jan 4, 2022 | 199 | Oct 14, 2022 | 303 | Dec 26, 2023 | 502 |
| -17.11% | Sep 21, 2018 | 65 | Dec 24, 2018 | 70 | Apr 5, 2019 | 135 |
| -7.87% | Sep 3, 2020 | 14 | Sep 23, 2020 | 33 | Nov 9, 2020 | 47 |
| -7.36% | Jul 17, 2024 | 14 | Aug 5, 2024 | 14 | Aug 23, 2024 | 28 |
Volatility
Volatility Chart
The current Three Fund Boglehead volatility is 3.58%, 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.
Diversification
Asset Correlations Table
| FXNAX | FZROX | FZILX | |
|---|---|---|---|
| FXNAX | 1.00 | -0.01 | 0.02 |
| FZROX | -0.01 | 1.00 | 0.80 |
| FZILX | 0.02 | 0.80 | 1.00 |