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Fidelity Go
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


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

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


0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.33%
12.91%
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 By Period


YTD1M6M1Y5Y (annualized)10Y (annualized)
^GSPC
S&P 500
26.90%0.96%12.91%31.46%14.06%11.73%
Fidelity Go10.91%1.03%6.33%13.67%6.14%N/A
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.25%1.99%1.28%-1.81%1.72%1.62%1.36%1.15%1.56%-1.41%2.33%10.91%
20234.58%-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%
20210.27%0.47%1.61%2.23%0.81%0.73%0.69%0.89%-2.08%2.13%-0.49%1.72%9.28%
20200.36%-2.34%-8.01%3.30%3.41%2.03%2.96%2.45%-1.35%-0.92%5.47%2.39%9.40%
20193.67%1.57%1.33%1.70%-1.75%2.91%0.57%-0.08%0.51%1.06%1.28%1.44%15.05%
20181.52%-1.94%-0.48%0.05%1.07%-0.12%1.55%0.72%-0.11%-3.28%1.26%-2.08%-1.96%
20170.05%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.


Expense ratio chart for FDFIX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%
Expense ratio chart for FITFX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%
Expense ratio chart for FLAPX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%
Expense ratio chart for FLXSX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%
Expense ratio chart for FUEMX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%
Expense ratio chart for FUENX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

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.


The Risk-Adjusted Performance Rank of Fidelity Go is 7171
Overall Rank
The Sharpe Ratio Rank of Fidelity Go is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of Fidelity Go is 7575
Sortino Ratio Rank
The Omega Ratio Rank of Fidelity Go is 7171
Omega Ratio Rank
The Calmar Ratio Rank of Fidelity Go is 8080
Calmar Ratio Rank
The Martin Ratio Rank of Fidelity Go is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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
The chart of Sharpe ratio for Fidelity Go, currently valued at 2.53, compared to the broader market-6.00-4.00-2.000.002.004.002.532.62
The chart of Sortino ratio for Fidelity Go, currently valued at 3.68, compared to the broader market-6.00-4.00-2.000.002.004.006.003.683.48
The chart of Omega ratio for Fidelity Go, currently valued at 1.48, compared to the broader market0.501.001.501.481.48
The chart of Calmar ratio for Fidelity Go, currently valued at 4.55, compared to the broader market0.005.0010.0015.004.553.77
The chart of Martin ratio for Fidelity Go, currently valued at 16.31, compared to the broader market0.0010.0020.0030.0040.0050.0060.0016.3116.74
Fidelity Go
^GSPC

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
FDFIX
Fidelity Flex 500 Index Fund
2.493.341.473.6116.22
FITFX
Fidelity Flex International Index Fund
0.831.201.151.093.56
FLAPX
Fidelity Flex Mid Cap Index Fund
1.942.711.333.1010.80
FLXSX
Fidelity Flex Small Cap Index Fund
1.201.801.211.316.48
FUEMX
Fidelity Flex Conservative Income Municipal Bond Fund
3.299.503.3812.9649.17
FUENX
Fidelity Flex Municipal Income Fund
1.722.501.401.436.74

The current Fidelity Go Sharpe ratio is 2.53. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.86 to 2.71, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its 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.

Use the chart below to compare the Sharpe ratio of Fidelity Go with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.53
2.62
Fidelity Go
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Fidelity Go provided a 2.31% dividend yield over the last twelve months.


TTM2023202220212020201920182017
Portfolio2.31%2.37%1.91%1.43%1.80%2.38%2.58%0.56%
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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.14%
-0.61%
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.

The current Fidelity Go drawdown is 0.14%.


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
-6.72%Aug 30, 201880Dec 24, 201836Feb 15, 2019116
-4.39%Jan 29, 20189Feb 8, 2018141Aug 29, 2018150
-3.42%Sep 3, 202014Sep 23, 202033Nov 9, 202047

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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.91%
2.24%
Fidelity Go
Benchmark (^GSPC)
Portfolio components

Diversification

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
FUEMX1.000.480.020.010.010.01
FUENX0.481.000.020.010.020.02
FITFX0.020.021.000.720.780.77
FLXSX0.010.010.721.000.810.93
FDFIX0.010.020.780.811.000.91
FLAPX0.010.020.770.930.911.00
The correlation results are calculated based on daily price changes starting from Oct 19, 2017
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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