P3
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FDFIX Fidelity Flex 500 Index Fund | Large Cap Blend Equities | 50% |
FIBUX Fidelity Flex U.S. Bond Index Fund | Total Bond Market | 15.30% |
FITFX Fidelity Flex International Index Fund | Foreign Large Cap Equities | 26.68% |
FLAPX Fidelity Flex Mid Cap Index Fund | Mid Cap Blend Equities | 4.21% |
FLXSX Fidelity Flex Small Cap Index Fund | Small Cap Blend Equities | 3.81% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in P3, 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.
The earliest data available for this chart is Mar 15, 2017, corresponding to the inception date of FDFIX
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -5.91% | -9.57% | 5.19% | 12.98% | 9.68% |
| P3 | -4.56% | -4.91% | -5.82% | 7.12% | 10.71% | N/A |
| Portfolio components: | ||||||
FDFIX Fidelity Flex 500 Index Fund | -10.12% | -6.12% | -9.25% | 6.30% | 14.55% | N/A |
FLAPX Fidelity Flex Mid Cap Index Fund | -8.68% | -5.56% | -9.78% | 3.52% | 11.80% | N/A |
FIBUX Fidelity Flex U.S. Bond Index Fund | 1.85% | -0.33% | 0.28% | 6.38% | -1.14% | N/A |
FLXSX Fidelity Flex Small Cap Index Fund | -15.33% | -8.15% | -16.90% | -2.01% | 10.03% | N/A |
FITFX Fidelity Flex International Index Fund | 4.71% | -4.58% | -1.18% | 9.73% | 9.67% | N/A |
Monthly Returns
The table below presents the monthly returns of P3, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.78% | -0.07% | -3.14% | -4.07% | -4.56% | ||||||||
| 2024 | 0.24% | 3.76% | 2.87% | -3.47% | 4.10% | 1.73% | 2.22% | 2.10% | 2.10% | -2.16% | 3.83% | -2.77% | 15.11% |
| 2023 | 6.67% | -2.92% | 2.72% | 1.25% | -1.00% | 5.13% | 2.98% | -2.43% | -4.12% | -2.70% | 8.26% | 4.88% | 19.31% |
| 2022 | -4.25% | -2.51% | 1.44% | -7.36% | 0.68% | -7.27% | 6.67% | -3.75% | -8.67% | 5.57% | 7.35% | -4.12% | -16.57% |
| 2021 | -0.40% | 2.17% | 2.56% | 3.82% | 1.24% | 1.28% | 0.82% | 2.15% | -3.69% | 4.65% | -1.74% | 3.29% | 17.04% |
| 2020 | -0.69% | -6.29% | -11.72% | 9.72% | 4.17% | 2.48% | 4.54% | 4.97% | -2.72% | -2.05% | 10.39% | 4.00% | 15.52% |
| 2019 | 7.13% | 2.52% | 1.47% | 3.13% | -4.97% | 5.85% | 0.34% | -1.37% | 1.75% | 2.11% | 2.41% | 2.71% | 25.04% |
| 2018 | 4.44% | -3.74% | -1.32% | 0.29% | 1.06% | -0.16% | 2.77% | 1.38% | 0.22% | -6.45% | 1.56% | -6.40% | -6.79% |
| 2017 | -0.18% | 1.26% | 1.65% | 0.62% | 2.13% | 0.32% | 1.78% | 1.76% | 1.89% | 1.10% | 12.99% |
Expense Ratio
P3 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of P3 is 57, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
FDFIX Fidelity Flex 500 Index Fund | 0.33 | 0.59 | 1.09 | 0.33 | 1.49 |
FLAPX Fidelity Flex Mid Cap Index Fund | 0.19 | 0.40 | 1.05 | 0.17 | 0.67 |
FIBUX Fidelity Flex U.S. Bond Index Fund | 1.18 | 1.77 | 1.21 | 0.45 | 3.08 |
FLXSX Fidelity Flex Small Cap Index Fund | -0.08 | 0.05 | 1.01 | -0.07 | -0.25 |
FITFX Fidelity Flex International Index Fund | 0.61 | 0.94 | 1.13 | 0.73 | 2.28 |
Dividends
Dividend yield
P3 provided a 1.94% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.94% | 2.02% | 2.02% | 1.99% | 1.50% | 1.57% | 2.32% | 1.95% | 1.07% |
| Portfolio components: | |||||||||
FDFIX Fidelity Flex 500 Index Fund | 1.10% | 1.26% | 1.48% | 1.70% | 1.18% | 1.52% | 1.78% | 1.81% | 0.85% |
FLAPX Fidelity Flex Mid Cap Index Fund | 1.18% | 1.08% | 1.48% | 1.63% | 1.06% | 1.34% | 1.39% | 1.84% | 0.38% |
FIBUX Fidelity Flex U.S. Bond Index Fund | 3.72% | 3.65% | 2.91% | 2.15% | 1.46% | 2.05% | 2.77% | 2.72% | 1.77% |
FLXSX Fidelity Flex Small Cap Index Fund | 1.61% | 1.36% | 1.49% | 1.26% | 1.10% | 1.06% | 1.31% | 1.16% | 0.54% |
FITFX Fidelity Flex International Index Fund | 2.65% | 2.77% | 2.67% | 2.60% | 2.25% | 1.50% | 3.35% | 1.92% | 1.26% |
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 P3. 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 P3 was 29.18%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.
The current P3 drawdown is 8.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.18% | Feb 20, 2020 | 23 | Mar 23, 2020 | 99 | Aug 12, 2020 | 122 |
| -23.81% | Jan 5, 2022 | 198 | Oct 14, 2022 | 325 | Jan 29, 2024 | 523 |
| -15.82% | Jan 29, 2018 | 230 | Dec 24, 2018 | 75 | Apr 12, 2019 | 305 |
| -14.15% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
| -6.87% | Sep 3, 2020 | 14 | Sep 23, 2020 | 33 | Nov 9, 2020 | 47 |
Volatility
Volatility Chart
The current P3 volatility is 10.28%, 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
| FIBUX | FITFX | FLXSX | FDFIX | FLAPX | |
|---|---|---|---|---|---|
| FIBUX | 1.00 | 0.01 | -0.04 | -0.04 | -0.02 |
| FITFX | 0.01 | 1.00 | 0.71 | 0.77 | 0.76 |
| FLXSX | -0.04 | 0.71 | 1.00 | 0.81 | 0.93 |
| FDFIX | -0.04 | 0.77 | 0.81 | 1.00 | 0.91 |
| FLAPX | -0.02 | 0.76 | 0.93 | 0.91 | 1.00 |