- ISIN
- US31634R1095
- CUSIP
- 31634R109
- Issuer
- Fidelity
- Inception Date
- Jun 29, 1999
- Region
- Global (Broad)
- Category
- Diversified Portfolio
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
Share Price Chart
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Performance
FFNOX Performance Chart
Fidelity Multi-Asset Index Fund (FFNOX) is up 11.3% since the beginning of the year. FFNOX is currently trading at $74 per share. Investors who bought $1,000 worth of FFNOX shares 5 years ago would now be looking at an investment worth $1,591.
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Returns By Period
Fidelity Multi-Asset Index Fund (FFNOX) has returned 11.33% so far this year and 26.10% over the past 12 months. Over the last ten years, FFNOX has returned 11.33% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Multi-Asset Index Fund
- 1D
- 1.16%
- 1M
- 2.04%
- YTD
- 11.33%
- 6M
- 11.14%
- 1Y
- 26.10%
- 3Y*
- 17.15%
- 5Y*
- 9.73%
- 10Y*
- 11.33%
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%
FFNOX Monthly Returns History
Based on dividend-adjusted daily data since Jun 29, 1999, FFNOX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +11.3%, while the worst month was Oct 2008 at -15.6%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FFNOX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +10.1%, while the worst single day was Mar 16, 2020 at -9.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.88% | 1.87% | -5.82% | 7.91% | 4.05% | 0.46% | 11.33% | ||||||
| 2025 | 3.08% | 0.10% | -3.10% | 0.72% | 4.66% | 4.10% | 0.66% | 2.68% | 3.19% | 1.87% | 0.04% | 0.78% | 20.18% |
| 2024 | -0.22% | 3.68% | 2.82% | -3.60% | 4.01% | 1.46% | 2.28% | 2.13% | 2.03% | -2.48% | 3.49% | -2.88% | 13.05% |
| 2023 | 7.18% | -3.01% | 2.74% | 1.08% | -1.14% | 4.98% | 3.05% | -2.78% | -4.18% | -2.98% | 8.51% | 5.35% | 19.29% |
| 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% |
Benchmark Metrics
Fidelity Multi-Asset Index Fund has an annualized alpha of 1.30%, beta of 0.80, and R2 of 0.96 versus S&P 500 Index. Calculated based on daily prices since June 29, 1999.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (87.11%) than losses (86.48%) - typical of diversified or defensive assets.
- Alpha
- 1.30%
- Beta
- 0.80
- R²
- 0.96
- Upside Capture
- 87.11%
- Downside Capture
- 86.48%
Expense Ratio
FFNOX has an expense ratio of 0.11%, which is considered low.
Return for Risk
Risk / Return Rank
FFNOX ranks 66 for risk / return — better than 66% 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 Fidelity Multi-Asset Index Fund (FFNOX) 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.
| FFNOX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.78 | +0.21 |
| Martin ratioReturn relative to average drawdown | 12.78 | 12.44 | +0.34 |
Dividends
Dividend History
Fidelity Multi-Asset Index Fund provided a 2.31% dividend yield over the last twelve months, with an annual payout of $1.71 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.71 | $2.45 | $3.71 | $1.73 | $3.36 | $3.50 | $1.59 | $1.45 | $1.17 | $0.28 | $0.96 | $0.25 |
Dividend yield | 2.31% | 3.68% | 6.43% | 3.18% | 7.14% | 5.71% | 2.87% | 2.96% | 2.90% | 0.64% | 2.50% | 0.70% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.99 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.47 | $2.45 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.73 | $3.71 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.73 | $1.73 |
| 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 |
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 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 49.84%, occurring on Mar 9, 2009. Recovery took 769 trading sessions.
The current Fidelity Multi-Asset Index Fund drawdown is 0.22%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -49.84%Mar 2009 | 1y 4mo | 3y 18d | 4y 5moOct 2007 - Mar 2012 |
Dot-com crash2000–2002 | -40.80%Oct 2002 | 2y 6mo | 2y 11mo | 5y 5moMar 2000 - Sep 2005 |
COVID crash2020 | -29.93%Mar 2020 | 1mo 2d | 4mo 22d | 5mo 24dFeb 2020 - Aug 2020 |
Bear market2022 | -26.04%Oct 2022 | 11mo 9d | 1y 4mo | 2y 3moNov 2021 - Feb 2024 |
2016 correction2016 | -16.40%Feb 2016 | 8mo 25d | 10mo | 1y 6moMay 2015 - Dec 2016 |
Drawdown Indicators
| FFNOX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.84% | -56.78% | +6.94% |
Max Drawdown (1Y)Largest decline over 1 year | -8.60% | -9.10% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -14.10% | -18.90% | +4.80% |
Max Drawdown (5Y)Largest decline over 5 years | -26.04% | -25.43% | -0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -29.93% | -33.92% | +3.99% |
Current DrawdownCurrent decline from peak | -0.22% | -1.80% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -8.69% | -10.71% | +2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.03% | -0.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with FFNOX
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