Fidelity
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
JAAA Janus Henderson AAA CLO ETF | Ultrashort Bond | 5% |
JBBB Janus Henderson B-BBB CLO ETF | Bank Loan | 5% |
JCPB JPMorgan Core Plus Bond ETF | Total Bond Market, Actively Managed | 10% |
JEPI JPMorgan Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 65% |
JPIE JPMorgan Income ETF | Multisector Bonds | 15% |
Performance
Performance Chart
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The earliest data available for this chart is Jan 12, 2022, corresponding to the inception date of JBBB
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 0.19% | 9.00% | -1.55% | 12.31% | 15.59% | 10.78% |
| Fidelity | 0.25% | 2.23% | -1.40% | 5.80% | N/A | N/A |
| Portfolio components: | ||||||
JEPI JPMorgan Equity Premium Income ETF | -0.54% | 2.77% | -3.38% | 5.41% | N/A | N/A |
JPIE JPMorgan Income ETF | 2.13% | 1.32% | 3.01% | 7.23% | N/A | N/A |
JCPB JPMorgan Core Plus Bond ETF | 1.58% | 0.11% | 1.54% | 5.32% | 0.30% | N/A |
JAAA Janus Henderson AAA CLO ETF | 1.53% | 1.57% | 2.42% | 5.92% | N/A | N/A |
JBBB Janus Henderson B-BBB CLO ETF | 0.86% | 2.94% | 2.10% | 6.93% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of Fidelity, 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 | 1.91% | 1.21% | -2.15% | -1.25% | 0.60% | 0.25% | |||||||
| 2024 | 1.35% | 1.39% | 1.73% | -2.04% | 1.90% | 0.50% | 1.82% | 2.21% | 1.58% | -0.71% | 3.09% | -2.77% | 10.34% |
| 2023 | 2.15% | -1.88% | 1.82% | 1.87% | -1.31% | 2.13% | 1.41% | 0.03% | -2.31% | -0.88% | 4.05% | 2.21% | 9.45% |
| 2022 | -2.00% | -1.10% | 1.59% | -2.78% | -0.39% | -3.16% | 3.85% | -2.32% | -5.30% | 4.91% | 4.36% | -1.28% | -4.12% |
Expense Ratio
Fidelity has an expense ratio of 0.36%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Fidelity is 42, 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 | |
|---|---|---|---|---|---|
JEPI JPMorgan Equity Premium Income ETF | 0.40 | 0.65 | 1.10 | 0.41 | 1.75 |
JPIE JPMorgan Income ETF | 3.01 | 4.20 | 1.76 | 4.26 | 19.50 |
JCPB JPMorgan Core Plus Bond ETF | 1.03 | 1.61 | 1.19 | 0.81 | 2.97 |
JAAA Janus Henderson AAA CLO ETF | 3.35 | 4.29 | 2.28 | 4.07 | 28.02 |
JBBB Janus Henderson B-BBB CLO ETF | 1.51 | 2.01 | 1.44 | 1.59 | 7.27 |
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Dividends
Dividend yield
Fidelity provided a 7.35% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Portfolio | 7.35% | 6.90% | 7.46% | 8.95% | 4.65% | 4.08% | 0.26% |
| Portfolio components: | |||||||
JEPI JPMorgan Equity Premium Income ETF | 8.07% | 7.33% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% |
JPIE JPMorgan Income ETF | 5.96% | 6.11% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% |
JCPB JPMorgan Core Plus Bond ETF | 5.14% | 5.16% | 4.32% | 3.01% | 2.19% | 2.97% | 2.61% |
JAAA Janus Henderson AAA CLO ETF | 6.04% | 6.35% | 6.10% | 2.77% | 1.21% | 0.26% | 0.00% |
JBBB Janus Henderson B-BBB CLO ETF | 7.96% | 7.65% | 8.10% | 5.03% | 0.00% | 0.00% | 0.00% |
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 Fidelity. 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 Fidelity was 11.30%, occurring on Sep 30, 2022. Recovery took 184 trading sessions.
The current Fidelity drawdown is 2.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.3% | Jan 13, 2022 | 180 | Sep 30, 2022 | 184 | Jun 27, 2023 | 364 |
| -8.91% | Feb 21, 2025 | 33 | Apr 8, 2025 | — | — | — |
| -4.8% | Sep 15, 2023 | 31 | Oct 27, 2023 | 18 | Nov 22, 2023 | 49 |
| -3.42% | Dec 2, 2024 | 27 | Jan 10, 2025 | 26 | Feb 19, 2025 | 53 |
| -2.63% | Apr 1, 2024 | 14 | Apr 18, 2024 | 18 | May 14, 2024 | 32 |
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 5 assets, with an effective number of assets of 2.17, 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
| ^GSPC | JAAA | JBBB | JCPB | JPIE | JEPI | Portfolio | |
|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.11 | 0.12 | 0.22 | 0.43 | 0.83 | 0.83 |
| JAAA | 0.11 | 1.00 | 0.22 | 0.01 | 0.07 | 0.14 | 0.15 |
| JBBB | 0.12 | 0.22 | 1.00 | 0.05 | 0.09 | 0.12 | 0.15 |
| JCPB | 0.22 | 0.01 | 0.05 | 1.00 | 0.73 | 0.23 | 0.35 |
| JPIE | 0.43 | 0.07 | 0.09 | 0.73 | 1.00 | 0.39 | 0.51 |
| JEPI | 0.83 | 0.14 | 0.12 | 0.23 | 0.39 | 1.00 | 0.98 |
| Portfolio | 0.83 | 0.15 | 0.15 | 0.35 | 0.51 | 0.98 | 1.00 |