Fidelity Go Alternative
Use public funds / etfs similar to https://portfolioslab.com/portfolio/kel8seeo9b1711nawknil848
Asset Allocation
Performance
Performance Chart
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The earliest data available for this chart is Jun 14, 2016, corresponding to the inception date of FTIHX
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 1.30% | 12.94% | 1.49% | 12.48% | 15.82% | 10.87% |
| Fidelity Go Alternative | 1.29% | 4.80% | 1.13% | 5.42% | 6.76% | N/A |
| Portfolio components: | ||||||
FXAIX Fidelity 500 Index Fund | 0.61% | 11.77% | 0.98% | 12.65% | 17.18% | 12.55% |
FTIHX Fidelity Total International Index Fund | 12.81% | 8.99% | 12.20% | 10.37% | 11.52% | N/A |
FSMDX Fidelity Mid Cap Index Fund | 1.98% | 12.66% | -1.84% | 8.41% | 13.84% | 8.08% |
FMNDX Fidelity Conservative Income Municipal Bond Fund Institutional Class | 1.01% | 0.38% | 1.45% | 3.46% | 1.90% | 1.46% |
VTEB Vanguard Tax-Exempt Bond ETF | -1.08% | 0.98% | -1.35% | 0.75% | 0.82% | N/A |
FSSNX Fidelity Small Cap Index Fund | -5.60% | 12.48% | -8.38% | 1.43% | 11.67% | 5.47% |
Monthly Returns
The table below presents the monthly returns of Fidelity Go Alternative, 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 | 1.29% | 0.37% | -2.32% | -0.08% | 2.08% | 1.29% | |||||||
| 2024 | 0.06% | 1.81% | 1.34% | -1.99% | 1.85% | 1.25% | 1.58% | 1.09% | 1.48% | -1.39% | 2.54% | -1.74% | 8.04% |
| 2023 | 4.20% | -2.22% | 2.26% | 0.40% | -0.59% | 2.80% | 1.51% | -1.53% | -2.96% | -1.63% | 6.26% | 3.33% | 11.99% |
| 2022 | -3.13% | -1.25% | -0.52% | -4.45% | 1.02% | -4.00% | 4.24% | -2.74% | -5.21% | 2.27% | 5.50% | -2.11% | -10.50% |
| 2021 | 0.03% | 0.46% | 1.57% | 2.17% | 0.73% | 0.74% | 0.60% | 0.85% | -2.00% | 2.17% | -0.51% | 1.61% | 8.68% |
| 2020 | 0.33% | -2.64% | -7.07% | 4.02% | 3.59% | 1.49% | 2.78% | 2.24% | -1.29% | -1.07% | 5.56% | 2.35% | 10.06% |
| 2019 | 3.53% | 1.51% | 1.22% | 1.64% | -1.79% | 2.80% | 0.58% | -0.11% | 0.48% | 1.08% | 1.26% | 1.49% | 14.47% |
| 2018 | 1.69% | -1.98% | -0.48% | 0.02% | 1.08% | 0.00% | 1.40% | 0.77% | -0.22% | -3.24% | 1.16% | -2.51% | -2.43% |
| 2017 | 1.13% | 1.51% | 0.48% | 0.77% | 1.41% | 0.16% | 1.37% | 0.50% | 0.67% | 0.92% | 0.79% | 0.85% | 11.09% |
| 2016 | 0.98% | 1.66% | 0.18% | -0.05% | -1.19% | -0.83% | 1.32% | 2.06% |
Expense Ratio
Fidelity Go Alternative has an expense ratio of 0.07%, which is considered low. 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 Go Alternative is 37, 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 | |
|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 0.64 | 1.01 | 1.15 | 0.67 | 2.56 |
FTIHX Fidelity Total International Index Fund | 0.66 | 0.98 | 1.13 | 0.76 | 2.29 |
FSMDX Fidelity Mid Cap Index Fund | 0.43 | 0.73 | 1.10 | 0.38 | 1.25 |
FMNDX Fidelity Conservative Income Municipal Bond Fund Institutional Class | 3.22 | 8.29 | 3.28 | 8.69 | 34.52 |
VTEB Vanguard Tax-Exempt Bond ETF | 0.16 | 0.32 | 1.05 | 0.23 | 0.69 |
FSSNX Fidelity Small Cap Index Fund | 0.06 | 0.27 | 1.03 | 0.05 | 0.16 |
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Dividends
Dividend yield
Fidelity Go Alternative provided a 2.69% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.69% | 2.61% | 2.43% | 1.88% | 1.53% | 1.67% | 2.19% | 2.31% | 1.84% | 1.60% | 1.19% | 0.84% |
| Portfolio components: | ||||||||||||
FXAIX Fidelity 500 Index Fund | 1.55% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% |
FTIHX Fidelity Total International Index Fund | 2.55% | 2.88% | 2.78% | 2.51% | 2.55% | 1.62% | 2.61% | 2.21% | 1.81% | 0.47% | 0.00% | 0.00% |
FSMDX Fidelity Mid Cap Index Fund | 2.27% | 2.32% | 1.39% | 2.07% | 3.35% | 2.34% | 2.86% | 2.60% | 2.53% | 2.23% | 4.68% | 3.82% |
FMNDX Fidelity Conservative Income Municipal Bond Fund Institutional Class | 3.19% | 3.24% | 2.88% | 1.07% | 0.27% | 0.86% | 1.57% | 1.44% | 0.97% | 0.69% | 0.41% | 0.26% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.26% | 3.14% | 2.79% | 2.09% | 1.64% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
FSSNX Fidelity Small Cap Index Fund | 1.09% | 1.03% | 1.43% | 1.26% | 3.92% | 0.94% | 2.96% | 5.39% | 3.67% | 2.27% | 4.53% | 4.80% |
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 Go Alternative. 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 Go Alternative was 19.55%, occurring on Mar 20, 2020. Recovery took 90 trading sessions.
The current Fidelity Go Alternative drawdown is 1.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.55% | Feb 20, 2020 | 22 | Mar 20, 2020 | 90 | Jul 29, 2020 | 112 |
| -15.43% | Jan 5, 2022 | 188 | Sep 30, 2022 | 314 | Dec 27, 2023 | 502 |
| -8.35% | Dec 9, 2024 | 82 | Apr 8, 2025 | — | — | — |
| -6.92% | Aug 30, 2018 | 80 | Dec 24, 2018 | 42 | Feb 26, 2019 | 122 |
| -4.37% | Jan 29, 2018 | 9 | Feb 8, 2018 | 140 | Aug 27, 2018 | 149 |
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 6 assets, with an effective number of assets of 3.36, 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 | FMNDX | VTEB | FTIHX | FSSNX | FXAIX | FSMDX | Portfolio | |
|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.03 | 0.04 | 0.75 | 0.81 | 1.00 | 0.91 | 0.93 |
| FMNDX | 0.03 | 1.00 | 0.26 | 0.03 | 0.01 | 0.03 | 0.02 | 0.11 |
| VTEB | 0.04 | 0.26 | 1.00 | 0.08 | 0.03 | 0.04 | 0.05 | 0.26 |
| FTIHX | 0.75 | 0.03 | 0.08 | 1.00 | 0.70 | 0.75 | 0.76 | 0.85 |
| FSSNX | 0.81 | 0.01 | 0.03 | 0.70 | 1.00 | 0.81 | 0.93 | 0.81 |
| FXAIX | 1.00 | 0.03 | 0.04 | 0.75 | 0.81 | 1.00 | 0.91 | 0.93 |
| FSMDX | 0.91 | 0.02 | 0.05 | 0.76 | 0.93 | 0.91 | 1.00 | 0.90 |
| Portfolio | 0.93 | 0.11 | 0.26 | 0.85 | 0.81 | 0.93 | 0.90 | 1.00 |