Fidelity Fixed Income
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FADMX Fidelity Strategic Income Fund | Total Bond Market | 12.50% |
FCNVX Fidelity Conservative Income Bond Institutional Class | Total Bond Market | 12.50% |
FHMFX Fidelity Series Corporate Bond Fund | Corporate Bonds | 12.50% |
FHQFX Fidelity Series Treasury Bill Index Fund | Ultrashort Bond | 12.50% |
FIREX Fidelity International Real Estate Fund | REIT | 0% |
FJTDX Fidelity Flex Conservative Income Bond Fund | Total Bond Market | 12.50% |
FRIFX Fidelity Real Estate Income Fund | REIT | 12.50% |
FSREX Fidelity Series Real Estate Income Fund | REIT | 12.50% |
FYBTX Fidelity Series Short-Term Credit Fund | Total Bond Market | 12.50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Fixed Income, 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 every 3 months.
The earliest data available for this chart is Aug 29, 2018, corresponding to the inception date of FHQFX
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -6.06% | -3.27% | -4.87% | 9.44% | 14.30% | 10.11% |
| Fidelity Fixed Income | 1.37% | 0.09% | 1.76% | 7.51% | 4.16% | N/A |
| Portfolio components: | ||||||
FCNVX Fidelity Conservative Income Bond Institutional Class | 1.03% | 0.29% | 2.26% | 5.17% | 2.90% | 2.20% |
FJTDX Fidelity Flex Conservative Income Bond Fund | 1.08% | 0.30% | 2.39% | 5.40% | 3.10% | N/A |
FHQFX Fidelity Series Treasury Bill Index Fund | 1.07% | 0.36% | 2.36% | 5.20% | 2.59% | N/A |
FHMFX Fidelity Series Corporate Bond Fund | 1.84% | 0.19% | 1.49% | 8.45% | 0.62% | N/A |
FADMX Fidelity Strategic Income Fund | 0.80% | 0.17% | 0.99% | 7.49% | 3.74% | N/A |
FYBTX Fidelity Series Short-Term Credit Fund | 1.67% | 0.57% | 2.62% | 6.95% | 2.67% | 2.33% |
FIREX Fidelity International Real Estate Fund | 8.56% | 4.90% | 0.37% | 6.59% | 0.41% | 1.01% |
FSREX Fidelity Series Real Estate Income Fund | 2.05% | -0.20% | 1.87% | 10.44% | 8.49% | 4.45% |
FRIFX Fidelity Real Estate Income Fund | 1.43% | -0.98% | 0.05% | 10.92% | 8.58% | 4.55% |
Monthly Returns
The table below presents the monthly returns of Fidelity Fixed Income, 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 | 0.69% | 1.06% | -0.06% | -0.31% | 1.37% | ||||||||
| 2024 | 0.72% | 0.06% | 0.51% | -0.48% | 1.26% | 0.38% | 1.80% | 0.89% | 1.52% | -0.59% | 0.52% | -0.30% | 6.44% |
| 2023 | 3.11% | -1.00% | 0.14% | 0.44% | -0.20% | 0.94% | 0.76% | -0.10% | -1.21% | -0.62% | 2.96% | 2.06% | 7.40% |
| 2022 | -1.31% | -0.97% | -0.42% | -1.95% | 0.04% | -2.14% | 1.89% | -0.88% | -3.43% | -0.09% | 2.10% | -0.50% | -7.52% |
| 2021 | 0.01% | 0.38% | 0.42% | 1.01% | 0.40% | 0.86% | 0.69% | 0.33% | -0.64% | 0.43% | -0.28% | 0.47% | 4.15% |
| 2020 | 0.93% | -0.39% | -8.68% | 3.86% | 1.65% | 1.77% | 1.59% | 0.63% | -0.28% | -0.30% | 2.50% | 0.82% | 3.61% |
| 2019 | 2.12% | 0.52% | 1.11% | 0.43% | 0.50% | 1.18% | 0.51% | 0.94% | 0.12% | 0.49% | 0.05% | 0.28% | 8.55% |
| 2018 | 0.09% | -0.45% | -0.58% | 0.21% | -0.53% | -1.26% |
Expense Ratio
Fidelity Fixed Income has an expense ratio of 0.20%, 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
With an overall rank of 99, Fidelity Fixed Income is among the top 1% of portfolios on our website when it comes to balancing risk and reward. Below is 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 | |
|---|---|---|---|---|---|
FCNVX Fidelity Conservative Income Bond Institutional Class | 3.53 | 17.00 | 6.67 | 26.02 | 122.23 |
FJTDX Fidelity Flex Conservative Income Bond Fund | 3.58 | 20.30 | 8.68 | 27.12 | 132.01 |
FHQFX Fidelity Series Treasury Bill Index Fund | 3.67 | 25.27 | 13.63 | 51.63 | 167.66 |
FHMFX Fidelity Series Corporate Bond Fund | 1.39 | 2.05 | 1.25 | 0.65 | 4.19 |
FADMX Fidelity Strategic Income Fund | 1.86 | 2.80 | 1.35 | 1.57 | 7.35 |
FYBTX Fidelity Series Short-Term Credit Fund | 3.22 | 5.80 | 1.82 | 7.66 | 21.43 |
FIREX Fidelity International Real Estate Fund | 0.45 | 0.71 | 1.09 | 0.15 | 0.64 |
FSREX Fidelity Series Real Estate Income Fund | 2.71 | 3.95 | 1.54 | 1.84 | 14.95 |
FRIFX Fidelity Real Estate Income Fund | 1.91 | 2.63 | 1.37 | 1.17 | 7.65 |
Dividends
Dividend yield
Fidelity Fixed Income provided a 4.80% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.80% | 4.87% | 4.85% | 3.36% | 1.55% | 2.79% | 3.55% | 2.79% | 1.74% | 1.49% | 2.19% | 2.20% |
| Portfolio components: | ||||||||||||
FCNVX Fidelity Conservative Income Bond Institutional Class | 4.93% | 5.12% | 4.97% | 1.65% | 0.29% | 1.01% | 2.46% | 2.20% | 1.30% | 0.93% | 0.54% | 0.39% |
FJTDX Fidelity Flex Conservative Income Bond Fund | 5.15% | 5.34% | 5.16% | 1.85% | 0.44% | 1.24% | 2.64% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% |
FHQFX Fidelity Series Treasury Bill Index Fund | 4.85% | 5.10% | 5.13% | 1.82% | 0.06% | 0.85% | 2.31% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% |
FHMFX Fidelity Series Corporate Bond Fund | 4.60% | 4.52% | 4.06% | 3.53% | 2.62% | 3.02% | 3.56% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% |
FADMX Fidelity Strategic Income Fund | 4.15% | 4.21% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% |
FYBTX Fidelity Series Short-Term Credit Fund | 4.16% | 3.99% | 2.76% | 1.70% | 1.93% | 2.47% | 2.72% | 2.44% | 1.59% | 1.15% | 0.92% | 0.00% |
FIREX Fidelity International Real Estate Fund | 4.85% | 5.27% | 1.86% | 0.44% | 3.76% | 1.77% | 2.18% | 1.72% | 2.09% | 1.55% | 4.16% | 6.23% |
FSREX Fidelity Series Real Estate Income Fund | 5.94% | 6.05% | 7.43% | 6.58% | 2.82% | 5.62% | 5.53% | 5.69% | 5.53% | 4.89% | 9.37% | 9.40% |
FRIFX Fidelity Real Estate Income Fund | 4.63% | 4.65% | 4.99% | 6.04% | 1.47% | 4.77% | 5.68% | 6.33% | 5.47% | 4.98% | 6.67% | 7.81% |
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 Fixed Income. 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 Fixed Income was 12.79%, occurring on Mar 24, 2020. Recovery took 160 trading sessions.
The current Fidelity Fixed Income drawdown is 0.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.79% | Feb 24, 2020 | 22 | Mar 24, 2020 | 160 | Nov 9, 2020 | 182 |
| -10.21% | Sep 3, 2021 | 288 | Oct 21, 2022 | 324 | Feb 1, 2024 | 612 |
| -1.95% | Sep 4, 2018 | 78 | Dec 24, 2018 | 22 | Jan 28, 2019 | 100 |
| -1.67% | Mar 4, 2025 | 29 | Apr 11, 2025 | — | — | — |
| -1.28% | Dec 9, 2024 | 23 | Jan 13, 2025 | 15 | Feb 4, 2025 | 38 |
Volatility
Volatility Chart
The current Fidelity Fixed Income volatility is 1.19%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 9 assets, with an effective number of assets of 8.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| ^GSPC | FHQFX | FJTDX | FCNVX | FIREX | FYBTX | FHMFX | FRIFX | FSREX | FADMX | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | -0.02 | 0.03 | 0.00 | 0.57 | 0.03 | 0.07 | 0.61 | 0.56 | 0.48 | 0.45 |
| FHQFX | -0.02 | 1.00 | 0.40 | 0.40 | -0.02 | 0.34 | 0.21 | 0.02 | 0.04 | 0.20 | 0.22 |
| FJTDX | 0.03 | 0.40 | 1.00 | 0.55 | 0.04 | 0.44 | 0.33 | 0.12 | 0.13 | 0.33 | 0.34 |
| FCNVX | 0.00 | 0.40 | 0.55 | 1.00 | 0.04 | 0.48 | 0.34 | 0.12 | 0.15 | 0.32 | 0.34 |
| FIREX | 0.57 | -0.02 | 0.04 | 0.04 | 1.00 | 0.19 | 0.26 | 0.59 | 0.56 | 0.52 | 0.52 |
| FYBTX | 0.03 | 0.34 | 0.44 | 0.48 | 0.19 | 1.00 | 0.70 | 0.28 | 0.34 | 0.57 | 0.62 |
| FHMFX | 0.07 | 0.21 | 0.33 | 0.34 | 0.26 | 0.70 | 1.00 | 0.37 | 0.44 | 0.73 | 0.74 |
| FRIFX | 0.61 | 0.02 | 0.12 | 0.12 | 0.59 | 0.28 | 0.37 | 1.00 | 0.91 | 0.60 | 0.82 |
| FSREX | 0.56 | 0.04 | 0.13 | 0.15 | 0.56 | 0.34 | 0.44 | 0.91 | 1.00 | 0.65 | 0.86 |
| FADMX | 0.48 | 0.20 | 0.33 | 0.32 | 0.52 | 0.57 | 0.73 | 0.60 | 0.65 | 1.00 | 0.86 |
| Portfolio | 0.45 | 0.22 | 0.34 | 0.34 | 0.52 | 0.62 | 0.74 | 0.82 | 0.86 | 0.86 | 1.00 |