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60/40 Fidelity 2 ETF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


AGG 40%FSKAX 60%BondBondEquityEquity
PositionCategory/SectorWeight
AGG
iShares Core U.S. Aggregate Bond ETF
Total Bond Market

40%

FSKAX
Fidelity Total Market Index Fund
Large Cap Blend Equities

60%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 60/40 Fidelity 2 ETF, 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


200.00%250.00%300.00%350.00%FebruaryMarchAprilMayJuneJuly
217.58%
363.12%
60/40 Fidelity 2 ETF
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Sep 14, 2011, corresponding to the inception date of FSKAX

Returns By Period

As of Jul 22, 2024, the 60/40 Fidelity 2 ETF returned 9.17% Year-To-Date and 8.11% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
15.41%0.33%13.74%21.39%13.11%10.77%
60/40 Fidelity 2 ETF9.17%1.04%9.07%14.45%8.59%8.11%
FSKAX
Fidelity Total Market Index Fund
15.03%1.32%13.92%21.98%13.92%12.16%
AGG
iShares Core U.S. Aggregate Bond ETF
0.61%0.61%1.87%3.64%-0.01%1.48%

Monthly Returns

The table below presents the monthly returns of 60/40 Fidelity 2 ETF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.60%2.69%2.34%-3.64%3.50%2.22%9.17%
20235.52%-2.45%2.63%0.83%-0.19%4.00%2.16%-1.43%-3.92%-2.25%7.47%4.70%17.66%
2022-4.40%-1.95%0.74%-6.91%0.20%-5.58%6.63%-3.50%-7.30%4.36%4.72%-4.00%-16.77%
2021-0.50%1.32%1.68%3.38%0.35%1.87%1.48%1.64%-3.12%4.01%-0.80%2.19%14.15%
20200.73%-4.24%-8.19%8.62%3.60%1.65%3.94%4.09%-2.38%-1.50%7.80%2.81%16.79%
20195.54%2.13%1.68%2.32%-3.20%4.59%0.96%-0.11%0.78%1.36%2.29%1.74%21.68%
20182.72%-2.66%-0.93%-0.16%1.97%0.45%2.00%2.33%-0.15%-4.71%1.49%-4.63%-2.62%
20171.24%2.48%0.03%0.99%0.89%0.55%1.27%0.48%1.24%1.34%1.78%0.83%13.92%
2016-2.89%0.35%4.43%0.47%1.09%0.88%2.63%0.07%0.13%-1.65%1.65%1.31%8.59%
2015-0.84%3.04%-0.47%0.14%0.66%-1.45%1.34%-3.76%-1.35%4.78%0.20%-1.34%0.69%
2014-1.27%2.96%0.26%0.38%1.78%1.50%-1.30%2.96%-1.53%2.09%1.73%0.06%9.89%
20133.08%1.02%2.46%1.39%0.67%-1.39%3.35%-2.08%2.67%2.88%1.66%1.41%18.35%

Expense Ratio

60/40 Fidelity 2 ETF has an expense ratio of 0.03%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for AGG: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%
Expense ratio chart for FSKAX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of 60/40 Fidelity 2 ETF is 47, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of 60/40 Fidelity 2 ETF is 4747
60/40 Fidelity 2 ETF
The Sharpe Ratio Rank of 60/40 Fidelity 2 ETF is 5252Sharpe Ratio Rank
The Sortino Ratio Rank of 60/40 Fidelity 2 ETF is 5656Sortino Ratio Rank
The Omega Ratio Rank of 60/40 Fidelity 2 ETF is 5454Omega Ratio Rank
The Calmar Ratio Rank of 60/40 Fidelity 2 ETF is 3131Calmar Ratio Rank
The Martin Ratio Rank of 60/40 Fidelity 2 ETF is 4343Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


60/40 Fidelity 2 ETF
Sharpe ratio
The chart of Sharpe ratio for 60/40 Fidelity 2 ETF, currently valued at 1.63, compared to the broader market-1.000.001.002.003.004.001.63
Sortino ratio
The chart of Sortino ratio for 60/40 Fidelity 2 ETF, currently valued at 2.40, compared to the broader market-2.000.002.004.006.002.40
Omega ratio
The chart of Omega ratio for 60/40 Fidelity 2 ETF, currently valued at 1.29, compared to the broader market0.801.001.201.401.601.801.29
Calmar ratio
The chart of Calmar ratio for 60/40 Fidelity 2 ETF, currently valued at 0.97, compared to the broader market0.002.004.006.008.0010.000.97
Martin ratio
The chart of Martin ratio for 60/40 Fidelity 2 ETF, currently valued at 5.24, compared to the broader market0.0010.0020.0030.0040.005.24
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.82, compared to the broader market-1.000.001.002.003.004.001.82
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.59, compared to the broader market-2.000.002.004.006.002.59
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.32, compared to the broader market0.801.001.201.401.601.801.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.45, compared to the broader market0.002.004.006.008.0010.001.45
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 6.82, compared to the broader market0.0010.0020.0030.0040.006.82

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
FSKAX
Fidelity Total Market Index Fund
1.802.561.321.506.54
AGG
iShares Core U.S. Aggregate Bond ETF
0.480.731.080.181.42

Sharpe Ratio

The current 60/40 Fidelity 2 ETF Sharpe ratio is 1.63. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.31 to 2.06, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its 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.

Use the chart below to compare the Sharpe ratio of 60/40 Fidelity 2 ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
1.63
1.82
60/40 Fidelity 2 ETF
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

60/40 Fidelity 2 ETF granted a 2.13% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
60/40 Fidelity 2 ETF2.13%2.10%1.93%1.40%1.72%2.24%2.71%2.32%2.41%2.48%1.94%1.85%
FSKAX
Fidelity Total Market Index Fund
1.26%1.41%1.62%1.15%1.45%1.94%2.54%2.33%2.43%2.49%1.63%1.54%
AGG
iShares Core U.S. Aggregate Bond ETF
3.45%3.13%2.39%1.77%2.14%2.70%2.96%2.32%2.39%2.45%2.40%2.32%

Drawdowns

Drawdowns Chart

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


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly
-1.93%
-2.86%
60/40 Fidelity 2 ETF
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the 60/40 Fidelity 2 ETF. 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 60/40 Fidelity 2 ETF was 21.82%, occurring on Mar 23, 2020. Recovery took 79 trading sessions.

The current 60/40 Fidelity 2 ETF drawdown is 1.93%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.82%Feb 20, 202023Mar 23, 202079Jul 15, 2020102
-21.5%Dec 28, 2021202Oct 14, 2022335Feb 15, 2024537
-11.57%Sep 21, 201865Dec 24, 201855Mar 15, 2019120
-8.18%Apr 27, 2015202Feb 11, 201642Apr 13, 2016244
-6.55%Jan 29, 20189Feb 8, 2018115Jul 25, 2018124

Volatility

Volatility Chart

The current 60/40 Fidelity 2 ETF volatility is 1.91%, 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%FebruaryMarchAprilMayJuneJuly
1.91%
2.76%
60/40 Fidelity 2 ETF
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.

AGGFSKAX
AGG1.00-0.07
FSKAX-0.071.00
The correlation results are calculated based on daily price changes starting from Sep 15, 2011