Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in conservative 20/80, 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.
Loading graphics...
The earliest data available for this chart is Oct 19, 2017, corresponding to the inception date of FUAMX
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.43% | -3.84% | -1.98% | 16.08% | 16.86% | 10.37% | 12.29% |
Portfolio conservative 20/80 | 0.00% | -1.41% | -0.72% | -0.02% | 7.49% | 7.49% | 3.75% | — |
| Portfolio components: | ||||||||
FCBFX Fidelity Corporate Bond Fund | 0.09% | -1.49% | -0.46% | -0.04% | 4.56% | 5.08% | 0.50% | 2.92% |
FTHRX Fidelity Intermediate Bond Fund | 0.00% | -1.25% | -0.39% | 0.46% | 3.89% | 4.26% | 1.11% | 2.08% |
FUAMX Fidelity Intermediate Treasury Bond Index Fund | -0.10% | -1.51% | -0.15% | 0.44% | 3.92% | 2.90% | -0.17% | — |
FBNDX Fidelity Investment Grade Bond Fund | 0.00% | -1.63% | -0.36% | 0.22% | 3.77% | 3.61% | 0.18% | 2.22% |
FTBFX Fidelity Total Bond Fund | 0.00% | -1.54% | -0.29% | 0.36% | 4.07% | 4.50% | 0.82% | 2.60% |
FXNAX Fidelity U.S. Bond Index Fund | 0.00% | -1.19% | 0.05% | 0.69% | 4.12% | 3.63% | 0.16% | 1.57% |
FIVFX Fidelity International Capital Appreciation Fund | — | — | — | — | — | — | — | — |
FIVLX Fidelity International Value Fund | 1.75% | -0.07% | 2.83% | 8.80% | 29.35% | 20.68% | 12.65% | 9.37% |
FXAIX Fidelity 500 Index Fund | 0.72% | -3.44% | -3.65% | -1.50% | 17.37% | 18.58% | 11.95% | 14.16% |
FCNTX Fidelity Contrafund Fund | 0.83% | -4.06% | -4.57% | -2.11% | 19.45% | 25.26% | 13.40% | 16.13% |
Monthly Returns
Based on dividend-adjusted daily data since Oct 20, 2017, conservative 20/80's average daily return is +0.01%, while the average monthly return is +0.41%. At this rate, your investment would double in approximately 14.1 years.
Historically, 67% of months were positive and 33% were negative. The best month was Nov 2023 with a return of +5.0%, while the worst month was Sep 2022 at -4.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, conservative 20/80 closed higher 39% of trading days. The best single day was Nov 10, 2022 with a return of +2.6%, while the worst single day was Mar 12, 2020 at -3.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.55% | 0.85% | -2.32% | 0.22% | -0.72% | ||||||||
| 2025 | 1.54% | 0.86% | -1.35% | 0.66% | 1.78% | 2.45% | 0.43% | 1.05% | 1.18% | 0.69% | 0.39% | -0.17% | 9.89% |
| 2024 | 0.69% | 1.27% | 1.40% | -2.42% | 2.40% | 1.16% | 1.44% | 1.52% | 1.18% | -1.70% | 1.81% | -1.53% | 7.32% |
| 2023 | 3.96% | -1.97% | 2.45% | 0.82% | -0.46% | 1.62% | 0.91% | -0.82% | -2.40% | -1.38% | 5.00% | 3.26% | 11.20% |
| 2022 | -2.66% | -1.32% | -0.74% | -4.38% | 0.50% | -3.64% | 3.70% | -2.74% | -4.94% | 1.76% | 4.18% | -1.91% | -11.97% |
| 2021 | -0.73% | 0.27% | 0.33% | 1.83% | 0.76% | 0.77% | 1.07% | 0.74% | -1.83% | 1.57% | -0.57% | 1.10% | 5.36% |
Benchmark Metrics
conservative 20/80 has an annualized alpha of 1.49%, beta of 0.27, and R² of 0.75 versus S&P 500 Index. Calculated based on daily prices since October 20, 2017.
- This portfolio participated in 41.31% of S&P 500 Index downside but only 33.32% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.27 indicates this portfolio moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.49%
- Beta
- 0.27
- R²
- 0.75
- Upside Capture
- 33.32%
- Downside Capture
- 41.31%
Expense Ratio
conservative 20/80 has an expense ratio of 0.29%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Top 10 holdings
Return for Risk
Risk / Return Rank
conservative 20/80 ranks 40 for risk / return — below 40% of portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.60 | 0.88 | +0.72 |
Sortino ratioReturn per unit of downside risk | 2.37 | 1.37 | +1.01 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.21 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.39 | -0.31 |
Martin ratioReturn relative to average drawdown | 4.28 | 6.43 | -2.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
FCBFX Fidelity Corporate Bond Fund | 36 | 0.96 | 1.35 | 1.17 | 1.47 | 4.64 |
FTHRX Fidelity Intermediate Bond Fund | 59 | 1.25 | 1.87 | 1.23 | 1.90 | 6.58 |
FUAMX Fidelity Intermediate Treasury Bond Index Fund | 27 | 0.79 | 1.18 | 1.14 | 1.30 | 3.66 |
FBNDX Fidelity Investment Grade Bond Fund | 27 | 0.80 | 1.15 | 1.14 | 1.36 | 3.89 |
FTBFX Fidelity Total Bond Fund | 37 | 0.96 | 1.37 | 1.17 | 1.53 | 4.60 |
FXNAX Fidelity U.S. Bond Index Fund | 37 | 0.93 | 1.34 | 1.16 | 1.59 | 4.47 |
FIVFX Fidelity International Capital Appreciation Fund | — | — | — | — | — | — |
FIVLX Fidelity International Value Fund | 84 | 1.70 | 2.26 | 1.34 | 2.57 | 10.17 |
FXAIX Fidelity 500 Index Fund | 50 | 1.00 | 1.52 | 1.23 | 1.53 | 7.30 |
FCNTX Fidelity Contrafund Fund | 53 | 1.02 | 1.56 | 1.22 | 1.87 | 7.08 |
Loading graphics...
Dividends
Dividend yield
conservative 20/80 provided a 2.97% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.97% | 3.01% | 2.77% | 2.27% | 2.13% | 2.94% | 3.15% | 2.39% | 3.63% | 2.27% | 2.11% | 2.51% |
| Portfolio components: | ||||||||||||
FCBFX Fidelity Corporate Bond Fund | 4.21% | 4.11% | 3.95% | 3.74% | 2.53% | 2.82% | 3.19% | 3.28% | 3.65% | 3.16% | 3.55% | 3.01% |
FTHRX Fidelity Intermediate Bond Fund | 3.34% | 3.59% | 3.49% | 2.94% | 1.55% | 1.53% | 4.16% | 2.49% | 2.48% | 2.20% | 2.63% | 2.13% |
FUAMX Fidelity Intermediate Treasury Bond Index Fund | 3.66% | 3.52% | 3.58% | 2.20% | 1.24% | 1.76% | 2.90% | 2.16% | 2.23% | 0.49% | 0.00% | 0.00% |
FBNDX Fidelity Investment Grade Bond Fund | 3.58% | 3.87% | 3.34% | 3.56% | 1.98% | 1.34% | 4.70% | 2.75% | 2.86% | 2.18% | 2.72% | 2.66% |
FTBFX Fidelity Total Bond Fund | 4.01% | 4.36% | 4.51% | 4.15% | 2.54% | 1.89% | 5.22% | 3.03% | 3.19% | 2.97% | 3.61% | 3.30% |
FXNAX Fidelity U.S. Bond Index Fund | 3.66% | 3.58% | 3.40% | 3.15% | 1.81% | 1.74% | 2.92% | 2.68% | 2.74% | 2.57% | 2.76% | 2.52% |
FIVFX Fidelity International Capital Appreciation Fund | 10.67% | 10.67% | 4.19% | 0.38% | 0.05% | 9.08% | 1.28% | 3.29% | 3.00% | 2.99% | 0.68% | 1.57% |
FIVLX Fidelity International Value Fund | 2.26% | 2.32% | 2.90% | 2.06% | 1.85% | 4.35% | 1.74% | 3.54% | 3.33% | 0.15% | 2.71% | 1.44% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
FCNTX Fidelity Contrafund Fund | 4.89% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the conservative 20/80. 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 conservative 20/80 was 16.27%, occurring on Oct 14, 2022. Recovery took 509 trading sessions.
The current conservative 20/80 drawdown is 2.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.27% | Nov 10, 2021 | 339 | Oct 14, 2022 | 509 | Mar 6, 2024 | 848 |
| -11.66% | Feb 20, 2020 | 33 | Mar 23, 2020 | 72 | Jun 3, 2020 | 105 |
| -5.69% | Jan 29, 2018 | 330 | Dec 24, 2018 | 60 | Feb 22, 2019 | 390 |
| -4.91% | Feb 18, 2025 | 50 | Apr 8, 2025 | 35 | May 13, 2025 | 85 |
| -3.42% | Mar 2, 2026 | 26 | Mar 27, 2026 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 12 assets, with an effective number of assets of 9.26, 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
| Benchmark | USD=X | FIVLX | FIVFX | FCNTX | FMILX | FTHRX | FXAIX | FXNAX | FUAMX | FBNDX | FCBFX | FTBFX | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.00 | 0.72 | 0.78 | 0.93 | 0.90 | -0.02 | 1.00 | -0.00 | -0.08 | 0.03 | 0.06 | 0.06 | 0.84 |
| USD=X | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| FIVLX | 0.72 | 0.00 | 1.00 | 0.74 | 0.59 | 0.73 | -0.00 | 0.67 | -0.01 | -0.06 | 0.03 | 0.06 | 0.06 | 0.67 |
| FIVFX | 0.78 | 0.00 | 0.74 | 1.00 | 0.70 | 0.66 | 0.06 | 0.72 | 0.06 | 0.01 | 0.10 | 0.13 | 0.13 | 0.75 |
| FCNTX | 0.93 | 0.00 | 0.59 | 0.70 | 1.00 | 0.76 | -0.02 | 0.89 | -0.00 | -0.06 | 0.03 | 0.06 | 0.06 | 0.76 |
| FMILX | 0.90 | 0.00 | 0.73 | 0.66 | 0.76 | 1.00 | -0.06 | 0.86 | -0.06 | -0.12 | -0.02 | 0.01 | 0.01 | 0.73 |
| FTHRX | -0.02 | 0.00 | -0.00 | 0.06 | -0.02 | -0.06 | 1.00 | -0.02 | 0.91 | 0.91 | 0.90 | 0.88 | 0.90 | 0.37 |
| FXAIX | 1.00 | 0.00 | 0.67 | 0.72 | 0.89 | 0.86 | -0.02 | 1.00 | -0.01 | -0.07 | 0.03 | 0.06 | 0.06 | 0.79 |
| FXNAX | -0.00 | 0.00 | -0.01 | 0.06 | -0.00 | -0.06 | 0.91 | -0.01 | 1.00 | 0.93 | 0.95 | 0.94 | 0.95 | 0.39 |
| FUAMX | -0.08 | 0.00 | -0.06 | 0.01 | -0.06 | -0.12 | 0.91 | -0.07 | 0.93 | 1.00 | 0.90 | 0.86 | 0.89 | 0.32 |
| FBNDX | 0.03 | 0.00 | 0.03 | 0.10 | 0.03 | -0.02 | 0.90 | 0.03 | 0.95 | 0.90 | 1.00 | 0.93 | 0.95 | 0.43 |
| FCBFX | 0.06 | 0.00 | 0.06 | 0.13 | 0.06 | 0.01 | 0.88 | 0.06 | 0.94 | 0.86 | 0.93 | 1.00 | 0.95 | 0.45 |
| FTBFX | 0.06 | 0.00 | 0.06 | 0.13 | 0.06 | 0.01 | 0.90 | 0.06 | 0.95 | 0.89 | 0.95 | 0.95 | 1.00 | 0.45 |
| Portfolio | 0.84 | 0.00 | 0.67 | 0.75 | 0.76 | 0.73 | 0.37 | 0.79 | 0.39 | 0.32 | 0.43 | 0.45 | 0.45 | 1.00 |