Fidelity Multi-Asset Index Fund (FFNOX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FFNOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FFNOX
FFNOX charges 0.11% annually. There are 33 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | FFNOX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FFNOX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FFNOX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FFNOX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | FFNOX vs BWBIX |
Best Risk-Adjusted Alternatives to FFNOX
FFNOX has a PortfoliosLab risk / return rank of 74. There are 161 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | FFNOX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FFNOX vs TIBIX | |
| Davis Appreciation & Income Fund | 97 | — | Apr 1992 | FFNOX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FFNOX vs NWQIX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | FFNOX vs AYBLX |
Top Performing FFNOX Alternatives (YTD)
FFNOX is at 11.18% YTD. There are 82 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.44% | — | Jan 1998 | FFNOX vs EKBAX | |
| ICON Equity Income Fund | 20.32% | — | May 2004 | FFNOX vs IOEZX | |
| Greenspring Fund | 18.97% | — | Jun 1983 | FFNOX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 18.62% | — | Dec 2002 | FFNOX vs TIBIX | |
| Disciplined Growth Investors Fund | 17.68% | — | Aug 2011 | FFNOX vs DGIFX |
Lowest Volatility Alternatives to FFNOX
FFNOX has 12.28% 1-year volatility. There are 470 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | FFNOX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | FFNOX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.92% | — | Apr 2012 | FFNOX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | FFNOX vs AVEFX | |
| American Funds College 2027 Fund | 3.08% | — | Sep 2012 | FFNOX vs CSTAX |
Lowest Drawdown Alternatives to FFNOX
FFNOX has a 1-year max drawdown of -8.60%. There are 466 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | FFNOX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FFNOX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FFNOX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FFNOX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FFNOX vs CSTAX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 75 | 11.76% | — | Feb 1988 | FFNOX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 51.40% | — | Jul 1985 | FFNOX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 76 | 12.27% | — | — | FFNOX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 75 | 12.20% | — | — | FFNOX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 2.47% | — | — | FFNOX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 49 | 13.81% | — | Dec 1987 | FFNOX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 33 | 9.08% | 176.32B | May 1967 | FFNOX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 72 | 11.48% | — | — | FFNOX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 12.40% | — | Nov 1997 | FFNOX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 71 | 13.68% | — | Jun 2016 | FFNOX vs FTIHX |
Often Compared With FFNOX
Investors most often compare FFNOX with FBALX, AOR, VOO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FFNOX with Any Fund or Stock
Compare FFNOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FFNOX with funds that move differently
Fidelity Multi-Asset Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FFNOX.
Explore FFNOX Diversifiers