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
US31634R1095
31634R109
Jun 29, 1999
Large-Cap
Blend
Expense Ratio
FFNOX has an expense ratio of 0.11%, which is considered low compared to other funds.
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 11.25% year-to-date (YTD) and 10.77% in the last 12 months. Over the past 10 years, Fidelity Multi-Asset Index Fund had an annualized return of 7.34%, while the S&P 500 had an annualized return of 11.01%, indicating that Fidelity Multi-Asset Index Fund did not perform as well as the benchmark.
FFNOX
11.25%
-0.67%
4.11%
10.77%
6.30%
7.34%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
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% | 4.01% | 1.46% | 2.28% | 2.13% | 2.03% | -2.48% | 3.49% | 11.25% | |
| 2023 | 7.18% | -3.01% | 2.74% | 3.09% | -1.14% | 4.98% | 3.05% | -2.78% | -4.18% | -2.98% | 8.51% | 4.15% | 20.27% |
| 2022 | -4.44% | -2.65% | 0.81% | -10.57% | 0.35% | -7.30% | 6.36% | -3.82% | -8.94% | 4.94% | 8.22% | -5.04% | -21.62% |
| 2021 | -0.56% | 2.27% | 2.47% | 3.33% | 1.21% | 1.29% | 1.36% | 2.08% | -3.69% | 4.76% | -2.01% | -0.23% | 12.68% |
| 2020 | -0.41% | -6.58% | -12.13% | 9.63% | 4.69% | 2.37% | 4.12% | 5.41% | -2.75% | -2.31% | 11.33% | 2.89% | 14.74% |
| 2019 | 7.01% | 2.73% | 1.31% | 2.62% | -4.84% | 5.84% | 0.45% | -1.37% | 1.67% | 2.16% | 2.60% | 2.16% | 24.16% |
| 2018 | 4.25% | -3.65% | -1.23% | 0.17% | 1.29% | 0.09% | 2.64% | 1.61% | 0.21% | -6.61% | 1.33% | -6.83% | -7.15% |
| 2017 | 1.99% | 2.59% | 0.83% | 0.90% | 1.57% | 0.61% | 1.88% | 0.24% | 1.98% | 1.71% | 1.98% | 0.83% | 18.46% |
| 2016 | -4.67% | -0.67% | 5.98% | 0.62% | 0.99% | -0.27% | 3.56% | 0.26% | 0.45% | -2.01% | 1.86% | 1.86% | 7.84% |
| 2015 | -1.16% | 4.80% | -0.91% | 1.24% | 0.75% | -1.89% | 1.53% | -5.47% | -2.83% | 6.44% | 0.03% | -2.08% | -0.13% |
| 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 50, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
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 provided a 1.88% dividend yield over the last twelve months, with an annual payout of $1.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.14 | $2.08 | $0.96 | $1.14 | $0.88 | $1.10 | $0.91 | $0.83 | $0.80 | $0.90 | $1.69 | $1.34 |
Dividend yield | 1.88% | 3.83% | 2.04% | 1.87% | 1.59% | 2.25% | 2.25% | 1.86% | 2.09% | 2.50% | 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $1.10 | $2.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.96 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.13 | $1.14 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.88 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.06 | $1.10 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.91 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.83 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.79 | $0.80 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.90 |
| 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. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 3.88%.
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 |
| -30.71% | Nov 9, 2021 | 235 | Oct 14, 2022 | 466 | Aug 23, 2024 | 701 |
| -29.93% | Feb 20, 2020 | 23 | Mar 23, 2020 | 99 | Aug 12, 2020 | 122 |
| -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 3.11%, 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.