Fidelity Multi-Asset Index Fund (FFNOX)
The fund invests in a combination of four Fidelity stock and bond index funds (underlying Fidelity Funds) using an asset allocation strategy designed for investors seeking a broadly diversified, index-based investment. It allocates approximately 48% of its assets in Fidelity 500 Index Fund, 12% in Fidelity Extended Market Index Fund, 25% in Fidelity International Index Fund, and 15% in Fidelity U.S. Bond Index Fund.
Fund Info
ISIN | US31634R1095 |
---|---|
CUSIP | 31634R109 |
Issuer | Fidelity |
Inception Date | Jun 29, 1999 |
Category | Diversified Portfolio |
Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FFNOX features an expense ratio of 0.11%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Multi-Asset Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Multi-Asset Index Fund had a return of 4.45% year-to-date (YTD) and 16.39% in the last 12 months. Over the past 10 years, Fidelity Multi-Asset Index Fund had an annualized return of 8.59%, while the S&P 500 had an annualized return of 10.79%, indicating that Fidelity Multi-Asset Index Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 4.45% | 9.47% |
1 month | 2.53% | 1.91% |
6 months | 14.51% | 18.36% |
1 year | 16.39% | 26.61% |
5 years (annualized) | 9.65% | 12.90% |
10 years (annualized) | 8.59% | 10.79% |
Monthly Returns
The table below presents the monthly returns of FFNOX, 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.22% | 3.68% | 2.82% | -5.19% | 4.45% | ||||||||
2023 | 7.18% | -3.01% | 2.74% | 3.09% | -1.14% | 4.98% | 3.05% | -2.78% | -4.18% | -2.98% | 8.51% | 5.35% | 21.66% |
2022 | -4.44% | -2.65% | 0.81% | -7.57% | 0.35% | -7.30% | 6.36% | -3.82% | -8.94% | 4.94% | 8.22% | -3.90% | -18.02% |
2021 | -0.56% | 2.27% | 2.47% | 3.93% | 1.21% | 1.29% | 1.36% | 2.08% | -3.69% | 4.76% | -2.01% | 3.04% | 17.05% |
2020 | -0.41% | -6.58% | -12.13% | 9.94% | 4.69% | 2.37% | 4.12% | 5.41% | -2.75% | -2.31% | 11.33% | 3.99% | 16.30% |
2019 | 7.01% | 2.73% | 1.31% | 2.62% | -4.84% | 5.84% | 0.45% | -1.37% | 1.67% | 2.16% | 2.60% | 2.42% | 24.48% |
2018 | 4.25% | -3.65% | -1.23% | 0.52% | 1.29% | 0.09% | 2.64% | 1.61% | 0.21% | -6.61% | 1.33% | -6.58% | -6.58% |
2017 | 1.99% | 2.59% | 0.83% | 1.37% | 1.57% | 0.61% | 1.88% | 0.24% | 1.98% | 1.71% | 1.98% | 1.04% | 19.28% |
2016 | -4.67% | -0.67% | 5.98% | 1.02% | 0.99% | -0.27% | 3.56% | 0.26% | 0.45% | -2.01% | 1.86% | 1.89% | 8.30% |
2015 | -1.16% | 4.80% | -0.91% | 1.24% | 0.75% | -1.89% | 1.53% | -5.47% | -2.83% | 6.44% | 0.03% | -1.76% | 0.19% |
2014 | -2.78% | 4.42% | 0.14% | 0.59% | 1.84% | 1.78% | -1.88% | 2.73% | -2.37% | 1.62% | 1.65% | 1.14% | 8.97% |
2013 | 4.28% | 0.53% | 2.68% | 2.39% | 0.47% | -1.73% | 4.63% | -2.26% | 4.25% | 3.45% | 1.83% | 3.70% | 26.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFNOX is 57, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FFNOX (Fidelity Multi-Asset Index Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Multi-Asset Index Fund (FFNOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Multi-Asset Index Fund granted a 3.11% dividend yield in the last twelve months. The annual payout for that period amounted to $1.77 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.77 | $2.71 | $3.36 | $3.50 | $1.59 | $1.23 | $1.17 | $1.11 | $0.96 | $1.02 | $1.69 | $1.34 |
Dividend yield | 3.11% | 4.98% | 7.14% | 5.71% | 2.87% | 2.51% | 2.90% | 2.49% | 2.50% | 2.82% | 4.56% | 3.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Multi-Asset Index 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.04 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.99 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.73 | $2.71 |
2022 | $0.00 | $0.00 | $0.00 | $1.86 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.50 | $3.36 |
2021 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.13 | $3.50 |
2020 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.44 | $1.59 |
2019 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $1.23 |
2018 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 | $1.17 |
2017 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $1.11 |
2016 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.96 |
2015 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $1.02 |
2014 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.60 | $1.69 |
2013 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.33 | $1.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Multi-Asset Index 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 Multi-Asset Index Fund was 48.68%, occurring on Mar 9, 2009. Recovery took 491 trading sessions.
The current Fidelity Multi-Asset Index Fund drawdown is 1.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-48.68% | Oct 15, 2007 | 351 | Mar 9, 2009 | 491 | Feb 16, 2011 | 842 |
-39.35% | Mar 27, 2000 | 636 | Oct 9, 2002 | 693 | Jul 12, 2005 | 1329 |
-29.93% | Feb 20, 2020 | 23 | Mar 23, 2020 | 99 | Aug 12, 2020 | 122 |
-26.04% | Nov 9, 2021 | 235 | Oct 14, 2022 | 329 | Feb 7, 2024 | 564 |
-18.3% | May 2, 2011 | 108 | Oct 3, 2011 | 111 | Mar 13, 2012 | 219 |
Volatility
Volatility Chart
The current Fidelity Multi-Asset Index Fund volatility is 3.08%, 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.