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Fidelity Go

Last updated Mar 2, 2024

Asset Allocation


FUENX 45%FUEMX 15%FDFIX 24%FITFX 12%FLAPX 2%FLXSX 2%BondBondEquityEquity
PositionCategory/SectorWeight
FUENX
Fidelity Flex Municipal Income Fund
Municipal Bonds

45%

FUEMX
Fidelity Flex Conservative Income Municipal Bond Fund
Municipal Bonds

15%

FDFIX
Fidelity Flex 500 Index Fund
Large Cap Blend Equities

24%

FITFX
Fidelity Flex International Index Fund
Foreign Large Cap Equities

12%

FLAPX
Fidelity Flex Mid Cap Index Fund
Mid Cap Blend Equities

2%

FLXSX
Fidelity Flex Small Cap Index Fund
Small Cap Blend Equities

2%

S&P 500

Performance

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


20.00%40.00%60.00%80.00%100.00%OctoberNovemberDecember2024FebruaryMarch
41.15%
100.57%
Fidelity Go
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 18, 2017, corresponding to the inception date of FUEMX

Returns


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
7.70%6.01%13.76%29.03%12.89%10.63%
Fidelity Go2.46%1.45%7.32%11.96%6.10%N/A
FDFIX
Fidelity Flex 500 Index Fund
7.97%3.73%14.63%29.00%14.87%N/A
FITFX
Fidelity Flex International Index Fund
2.62%4.02%8.87%11.24%5.75%N/A
FLAPX
Fidelity Flex Mid Cap Index Fund
4.68%4.68%11.49%13.72%10.55%N/A
FLXSX
Fidelity Flex Small Cap Index Fund
2.62%5.98%8.97%9.48%7.32%N/A
FUEMX
Fidelity Flex Conservative Income Municipal Bond Fund
0.48%0.00%1.88%3.60%1.65%N/A
FUENX
Fidelity Flex Municipal Income Fund
0.06%-0.30%4.58%6.41%2.11%N/A

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.25%1.84%
2023-1.52%-3.09%-1.54%6.45%3.21%

Sharpe Ratio

The current Fidelity Go Sharpe ratio is 2.19. A Sharpe ratio higher than 2.0 is considered very good.

0.002.004.002.19

The Sharpe ratio of Fidelity Go lies between the 25th and 75th percentiles. It indicates that the portfolio's 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.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50OctoberNovemberDecember2024FebruaryMarch
2.19
2.44
Fidelity Go
Benchmark (^GSPC)
Portfolio components

Dividend yield

Fidelity Go granted a 2.25% dividend yield in the last twelve months.


TTM2023202220212020201920182017
Fidelity Go2.25%2.37%1.91%1.54%1.81%2.55%2.29%0.64%
FDFIX
Fidelity Flex 500 Index Fund
1.37%1.48%1.70%1.27%1.52%1.78%2.16%0.92%
FITFX
Fidelity Flex International Index Fund
2.60%2.67%2.60%2.25%1.50%3.35%1.92%1.70%
FLAPX
Fidelity Flex Mid Cap Index Fund
1.90%1.99%1.82%2.83%2.16%2.18%2.29%0.44%
FLXSX
Fidelity Flex Small Cap Index Fund
1.45%1.49%1.26%2.74%1.06%2.86%2.40%0.77%
FUEMX
Fidelity Flex Conservative Income Municipal Bond Fund
3.03%3.16%1.19%0.55%1.27%1.96%1.75%0.22%
FUENX
Fidelity Flex Municipal Income Fund
2.41%2.57%2.11%1.72%2.23%2.95%2.62%0.36%

Expense Ratio

The 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.


0.50%1.00%1.50%2.00%0.00%
0.50%1.00%1.50%2.00%0.00%
0.50%1.00%1.50%2.00%0.00%
0.50%1.00%1.50%2.00%0.00%
0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^GSPC
S&P 500
2.44
Fidelity Go
2.19
FDFIX
Fidelity Flex 500 Index Fund
2.35
FITFX
Fidelity Flex International Index Fund
0.88
FLAPX
Fidelity Flex Mid Cap Index Fund
0.93
FLXSX
Fidelity Flex Small Cap Index Fund
0.54
FUEMX
Fidelity Flex Conservative Income Municipal Bond Fund
3.19
FUENX
Fidelity Flex Municipal Income Fund
1.65

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

FUEMXFUENXFITFXFLXSXFDFIXFLAPX
FUEMX1.000.460.020.010.010.02
FUENX0.461.000.010.010.020.02
FITFX0.020.011.000.730.790.78
FLXSX0.010.010.731.000.830.94
FDFIX0.010.020.790.831.000.93
FLAPX0.020.020.780.940.931.00

Drawdowns Chart

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


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch00
Fidelity Go
Benchmark (^GSPC)
Portfolio components

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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.03%Feb 20, 202023Mar 23, 202094Aug 5, 2020117
-15.77%Jan 4, 2022189Sep 30, 2022313Dec 26, 2023502
-6.7%Aug 30, 201880Dec 24, 201837Feb 19, 2019117
-4.39%Jan 29, 20189Feb 8, 2018139Aug 27, 2018148
-3.42%Sep 3, 202014Sep 23, 202033Nov 9, 202047

Volatility Chart

The current Fidelity Go volatility is 1.46%, 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.


1.00%2.00%3.00%4.00%5.00%OctoberNovemberDecember2024FebruaryMarch
1.46%
3.47%
Fidelity Go
Benchmark (^GSPC)
Portfolio components
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