- Issuer
- Fidelity
- Inception Date
- Oct 22, 2004
- Category
- Target Retirement Date
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Multi-Asset
Share Price Chart
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Performance
FAELX Performance Chart
Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund (FAELX) is up 9.7% since the beginning of the year. FAELX is currently trading at $15 per share.
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Returns By Period
Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund (FAELX) has returned 9.70% so far this year and 21.19% over the past 12 months.
Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund
- 1D
- 1.15%
- 1M
- 2.54%
- YTD
- 9.70%
- 6M
- 9.78%
- 1Y
- 21.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FAELX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2025, FAELX's average daily return is +0.08%, while the average monthly return is +1.45%. At this rate, an investment would double in approximately 4.0 years.
Historically, 78% of months were positive and 22% were negative. The best month was Apr 2026 with a return of +6.9%, while the worst month was Mar 2026 at -5.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, FAELX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +5.4%, while the worst single day was Apr 7, 2025 at -3.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.53% | 1.28% | -5.47% | 6.89% | 2.36% | 1.15% | 9.70% | ||||||
| 2025 | 3.45% | -2.17% | -0.68% | 0.51% | 4.10% | 3.85% | 0.47% | 1.81% | 2.62% | 1.20% | -0.22% | 1.34% | 17.33% |
Benchmark Metrics
Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund has an annualized alpha of 10.11%, beta of 0.55, and R2 of 0.55 versus S&P 500 Index. Calculated based on daily prices since January 03, 2025.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (73.62%) than losses (32.53%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 10.11% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.55 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 10.11%
- Beta
- 0.55
- R²
- 0.55
- Upside Capture
- 73.62%
- Downside Capture
- 32.53%
Expense Ratio
FAELX has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FAELX ranks 77 for risk / return — better than 77% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund (FAELX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAELX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 2.78 | +0.49 |
| Martin ratioReturn relative to average drawdown | 14.00 | 12.44 | +1.56 |
Dividends
Dividend History
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund. 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 Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund was 11.54%, occurring on Apr 8, 2025. Recovery took 26 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -11.54%Apr 2025 | 1mo 19d | 1mo 7d | 2mo 26dFeb 2025 - May 2025 |
2026 pullback2026 | -7.76%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
2025 pullback2025 | -4.05%Nov 2025 | 22d | 21d | 1mo 13dOct 2025 - Dec 2025 |
2026 pullback2026 | -3.37%Jun 2026 | 7d | 5d | 12dJun 2026 - Jun 2026 |
2026 pullback2026 | -2.32%May 2026 | 12d | 7d | 19dMay 2026 - May 2026 |
Drawdown Indicators
| FAELX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.54% | -56.78% | +45.24% |
Max Drawdown (1Y)Largest decline over 1 year | -7.76% | -9.10% | +1.34% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -1.44% | -10.71% | +9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.03% | -0.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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