Fidelity Go
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Go, 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 Oct 18, 2017, corresponding to the inception date of FUEMX
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y (annualized) | 10Y (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 26.90% | 0.96% | 12.91% | 31.46% | 14.06% | 11.73% |
| Fidelity Go | 10.91% | 1.03% | 6.33% | 13.67% | 6.14% | N/A |
| Portfolio components: | ||||||
FDFIX Fidelity Flex 500 Index Fund | 28.62% | 1.13% | 13.69% | 33.33% | 15.77% | N/A |
FITFX Fidelity Flex International Index Fund | 9.99% | 0.65% | 2.97% | 15.18% | 5.63% | N/A |
FLAPX Fidelity Flex Mid Cap Index Fund | 22.19% | 1.47% | 16.46% | 29.15% | 11.76% | N/A |
FLXSX Fidelity Flex Small Cap Index Fund | 19.65% | -0.12% | 18.67% | 29.11% | 9.49% | N/A |
FUEMX Fidelity Flex Conservative Income Municipal Bond Fund | 3.76% | 0.38% | 2.27% | 3.86% | 1.94% | N/A |
FUENX Fidelity Flex Municipal Income Fund | 3.80% | 1.32% | 3.71% | 5.51% | 1.52% | N/A |
Monthly Returns
The table below presents the monthly returns of Fidelity Go, 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 | 0.25% | 1.99% | 1.28% | -1.81% | 1.72% | 1.62% | 1.36% | 1.15% | 1.56% | -1.41% | 2.33% | 10.91% | |
| 2023 | 4.58% | -2.28% | 2.17% | 0.43% | -0.65% | 2.95% | 1.61% | -1.52% | -3.09% | -1.54% | 6.45% | 3.21% | 12.53% |
| 2022 | -3.10% | -1.34% | -0.61% | -4.59% | 1.09% | -4.00% | 4.23% | -2.62% | -5.51% | 2.31% | 5.50% | -2.05% | -10.76% |
| 2021 | 0.27% | 0.47% | 1.61% | 2.23% | 0.81% | 0.73% | 0.69% | 0.89% | -2.08% | 2.13% | -0.49% | 1.72% | 9.28% |
| 2020 | 0.36% | -2.34% | -8.01% | 3.30% | 3.41% | 2.03% | 2.96% | 2.45% | -1.35% | -0.92% | 5.47% | 2.39% | 9.40% |
| 2019 | 3.67% | 1.57% | 1.33% | 1.70% | -1.75% | 2.91% | 0.57% | -0.08% | 0.51% | 1.06% | 1.28% | 1.44% | 15.05% |
| 2018 | 1.52% | -1.94% | -0.48% | 0.05% | 1.07% | -0.12% | 1.55% | 0.72% | -0.11% | -3.28% | 1.26% | -2.08% | -1.96% |
| 2017 | 0.05% | 0.74% | 1.10% | 1.90% |
Expense Ratio
Fidelity Go 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 rank of Fidelity Go is 71, 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.
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 | 2.49 | 3.34 | 1.47 | 3.61 | 16.22 |
FITFX Fidelity Flex International Index Fund | 0.83 | 1.20 | 1.15 | 1.09 | 3.56 |
FLAPX Fidelity Flex Mid Cap Index Fund | 1.94 | 2.71 | 1.33 | 3.10 | 10.80 |
FLXSX Fidelity Flex Small Cap Index Fund | 1.20 | 1.80 | 1.21 | 1.31 | 6.48 |
FUEMX Fidelity Flex Conservative Income Municipal Bond Fund | 3.29 | 9.50 | 3.38 | 12.96 | 49.17 |
FUENX Fidelity Flex Municipal Income Fund | 1.72 | 2.50 | 1.40 | 1.43 | 6.74 |
Dividends
Dividend yield
Fidelity Go provided a 2.31% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.31% | 2.37% | 1.91% | 1.43% | 1.80% | 2.38% | 2.58% | 0.56% |
| Portfolio components: | ||||||||
FDFIX Fidelity Flex 500 Index Fund | 1.21% | 1.48% | 1.70% | 1.18% | 1.52% | 1.78% | 1.81% | 0.85% |
FITFX Fidelity Flex International Index Fund | 2.43% | 2.67% | 2.60% | 2.25% | 1.50% | 3.35% | 1.92% | 1.26% |
FLAPX Fidelity Flex Mid Cap Index Fund | 1.20% | 1.48% | 1.63% | 1.06% | 1.34% | 1.39% | 1.84% | 0.38% |
FLXSX Fidelity Flex Small Cap Index Fund | 1.25% | 1.49% | 1.26% | 1.10% | 1.06% | 1.31% | 1.16% | 0.54% |
FUEMX Fidelity Flex Conservative Income Municipal Bond Fund | 3.48% | 3.16% | 1.21% | 0.55% | 1.28% | 1.93% | 2.29% | 0.22% |
FUENX Fidelity Flex Municipal Income Fund | 2.58% | 2.58% | 2.10% | 1.68% | 2.25% | 2.69% | 3.36% | 0.35% |
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 Fidelity Go. 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 was 19.03%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
The current Fidelity Go drawdown is 0.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.03% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -15.77% | Jan 4, 2022 | 189 | Sep 30, 2022 | 313 | Dec 26, 2023 | 502 |
| -6.72% | Aug 30, 2018 | 80 | Dec 24, 2018 | 36 | Feb 15, 2019 | 116 |
| -4.39% | Jan 29, 2018 | 9 | Feb 8, 2018 | 141 | Aug 29, 2018 | 150 |
| -3.42% | Sep 3, 2020 | 14 | Sep 23, 2020 | 33 | Nov 9, 2020 | 47 |
Volatility
Volatility Chart
The current Fidelity Go volatility is 0.91%, 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.
Diversification
Asset Correlations Table
| FUEMX | FUENX | FITFX | FLXSX | FDFIX | FLAPX | |
|---|---|---|---|---|---|---|
| FUEMX | 1.00 | 0.48 | 0.02 | 0.01 | 0.01 | 0.01 |
| FUENX | 0.48 | 1.00 | 0.02 | 0.01 | 0.02 | 0.02 |
| FITFX | 0.02 | 0.02 | 1.00 | 0.72 | 0.78 | 0.77 |
| FLXSX | 0.01 | 0.01 | 0.72 | 1.00 | 0.81 | 0.93 |
| FDFIX | 0.01 | 0.02 | 0.78 | 0.81 | 1.00 | 0.91 |
| FLAPX | 0.01 | 0.02 | 0.77 | 0.93 | 0.91 | 1.00 |