- ISIN
- US31635T4500
- Issuer
- Fidelity
- Inception Date
- Apr 13, 2022
- Category
- Ultrashort Bond
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FAPDX Performance Chart
Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund (FAPDX) is up 1.4% since the beginning of the year. FAPDX is currently trading at $10 per share.
Loading charts...
Returns By Period
Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund (FAPDX) has returned 1.39% so far this year and 4.11% over the past 12 months.
Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund
- 1D
- 0.00%
- 1M
- 0.26%
- YTD
- 1.39%
- 6M
- 1.75%
- 1Y
- 4.11%
- 3Y*
- 4.82%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FAPDX Monthly Returns History
Based on dividend-adjusted daily data since Apr 13, 2022, FAPDX's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, an investment would double in approximately 18.1 years.
Historically, 90% of months were positive and 10% were negative. The best month was Dec 2023 with a return of +0.6%, while the worst month was Jun 2022 at -0.3%. The longest winning streak lasted 44 consecutive months, and the longest losing streak was 2 months.
On a daily basis, FAPDX closed higher 16% of trading days. The best single day was Jun 28, 2024 with a return of +0.4%, while the worst single day was Dec 20, 2024 at -0.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.36% | 0.33% | 0.07% | 0.36% | 0.26% | 0.00% | 1.39% | ||||||
| 2025 | 0.41% | 0.39% | 0.32% | 0.39% | 0.31% | 0.42% | 0.33% | 0.53% | 0.34% | 0.34% | 0.34% | 0.35% | 4.57% |
| 2024 | 0.44% | 0.24% | 0.46% | 0.26% | 0.57% | 0.46% | 0.54% | 0.62% | 0.51% | 0.24% | 0.42% | 0.43% | 5.32% |
| 2023 | 0.49% | 0.27% | 0.38% | 0.38% | 0.29% | 0.32% | 0.43% | 0.54% | 0.32% | 0.24% | 0.63% | 0.64% | 5.03% |
| 2022 | -0.17% | 0.08% | -0.30% | -0.00% | 0.23% | -0.10% | 0.06% | 0.37% | 0.40% | 0.57% |
Benchmark Metrics
Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund has an annualized alpha of 4.09%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 14, 2022.
- This fund captured 8.07% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -7.61%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.00 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.09%
- Beta
- 0.00
- R²
- 0.00
- Upside Capture
- 8.07%
- Downside Capture
- -7.61%
Expense Ratio
FAPDX has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FAPDX ranks 99 for risk / return — in the top 99% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund (FAPDX) and compare them to S&P 500 Index.
| FAPDX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.72 | 2.39 | +1.33 |
Sortino ratioReturn per unit of downside risk | 9.97 | 3.25 | +6.72 |
Omega ratioGain probability vs. loss probability | 3.36 | 1.43 | +1.93 |
Calmar ratioReturn relative to maximum drawdown | 14.05 | 3.11 | +10.94 |
Martin ratioReturn relative to average drawdown | 64.51 | 14.38 | +50.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund provided a 4.63% dividend yield over the last twelve months, with an annual payout of $0.47 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.47 | $0.45 | $0.49 | $0.33 | $0.08 |
Dividend yield | 4.63% | 4.40% | 4.81% | 3.21% | 0.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.00 | $0.13 | ||||||
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.03 | $0.19 | $0.45 |
| 2024 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.04 | $0.02 | $0.20 | $0.49 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.02 | $0.12 | $0.33 |
| 2022 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.02 | $0.02 | $0.02 | $0.08 |
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 charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity 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 Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund was 0.49%, occurring on Jul 13, 2022. Recovery took 94 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -0.49%Jul 2022 | 3mo | 4mo 13d | 7mo 13dApr 2022 - Nov 2022 |
2023 pullback2023 | -0.30%Mar 2023 | 2d | 15d | 17dMar 2023 - Mar 2023 |
2024 pullback2024 | -0.29%Dec 2024 | 0s | 3d | 3dDec 2024 - Dec 2024 |
2026 pullback2026 | -0.29%Mar 2026 | 24d | 5d | 29dMar 2026 - Mar 2026 |
2025 selloff2025 | -0.20%Apr 2025 | 2d | 15d | 17dApr 2025 - Apr 2025 |
Drawdown Indicators
| FAPDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.49% | -56.78% | +56.29% |
Max Drawdown (1Y)Largest decline over 1 year | -0.29% | -9.10% | +8.81% |
Max Drawdown (3Y)Largest decline over 3 years | -0.29% | -18.90% | +18.61% |
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% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.06% | -10.72% | +10.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.06% | 1.97% | -1.91% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FAPDX
Add Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FAPDX