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ISIN
US3160693277
CUSIP
316069327
Issuer
Fidelity
Inception Date
Mar 2, 2020
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

FHLKX Performance Chart

Fidelity Health Savings Fund Class K (FHLKX) is up 7.1% since the beginning of the year. FHLKX is currently trading at $12 per share. Investors who bought $1,000 worth of FHLKX shares 5 years ago would now be looking at an investment worth $1,244.


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S&P 500 Index

Returns By Period

Fidelity Health Savings Fund Class K (FHLKX) has returned 7.13% so far this year and 14.90% over the past 12 months.


Fidelity Health Savings Fund Class K

1D
0.68%
1M
1.17%
YTD
7.13%
6M
7.30%
1Y
14.90%
3Y*
10.22%
5Y*
4.46%
10Y*

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FHLKX Monthly Returns History

Based on dividend-adjusted daily data since Mar 6, 2020, FHLKX's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, an investment would double in approximately 12.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2023 with a return of +5.6%, while the worst month was Mar 2020 at -7.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FHLKX closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +2.8%, while the worst single day was Mar 12, 2020 at -3.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.08%1.58%-3.12%4.36%1.88%0.31%7.13%
20251.67%0.56%-1.14%0.46%2.10%2.41%0.23%1.45%1.88%1.39%0.16%0.43%12.17%
2024-0.20%1.08%1.74%-2.33%2.13%1.10%1.79%1.46%1.55%-1.91%2.07%-1.50%7.06%
20234.24%-2.54%2.55%0.69%-1.09%1.58%1.24%-1.57%-3.15%-1.74%5.61%4.04%9.82%
2022-2.77%-1.80%-0.79%-4.54%-0.57%-4.11%4.15%-2.55%-5.99%1.16%4.51%-2.01%-14.79%
2021-0.55%-0.43%-0.04%2.22%0.71%1.04%1.40%0.70%-1.88%1.75%-0.44%0.96%5.50%

Benchmark Metrics

Fidelity Health Savings Fund Class K has an annualized alpha of 0.83%, beta of 0.29, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since March 06, 2020.

  • This fund participated in 53.81% of S&P 500 Index downside but only 37.14% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.29 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
0.83%
Beta
0.29
0.67
Upside Capture
37.14%
Downside Capture
53.81%

Expense Ratio

FHLKX has an expense ratio of 0.37%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FHLKX ranks 79 for risk / return — better than 79% 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.


FHLKX Risk / Return Rank: 7979
Overall Rank
FHLKX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
FHLKX Sortino Ratio Rank: 7878
Sortino Ratio Rank
FHLKX Omega Ratio Rank: 8080
Omega Ratio Rank
FHLKX Calmar Ratio Rank: 7878
Calmar Ratio Rank
FHLKX Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Health Savings Fund Class K (FHLKX) 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.


FHLKXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.35

Sortino ratioReturn per unit of downside risk

+0.63

Omega ratioGain probability vs. loss probability

1.48

1.37

+0.11

Calmar ratioReturn relative to maximum drawdown

3.36

2.78

+0.57

Martin ratioReturn relative to average drawdown

14.39

12.44

+1.95

Dividends

Dividend History

Fidelity Health Savings Fund Class K provided a 2.88% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%2.50%3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.40202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$0.34$0.34$0.31$0.28$0.35$0.32$0.19

Dividend yield

2.88%3.05%3.01%2.88%3.85%2.84%1.73%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Health Savings Fund Class K. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.01$0.01$0.01$0.03$0.02$0.08
2025$0.00$0.01$0.01$0.02$0.03$0.01$0.04$0.03$0.01$0.04$0.03$0.12$0.34
2024$0.00$0.01$0.02$0.02$0.02$0.01$0.03$0.04$0.01$0.02$0.03$0.10$0.31
2023$0.00$0.01$0.01$0.02$0.03$0.01$0.03$0.02$0.01$0.03$0.02$0.12$0.28
2022$0.00$0.00$0.01$0.01$0.01$0.01$0.02$0.02$0.01$0.07$0.01$0.20$0.35
2021$0.00$0.00$0.01$0.01$0.01$0.01$0.02$0.01$0.01$0.05$0.01$0.20$0.32

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 Health Savings Fund Class K. 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 Health Savings Fund Class K was 19.09%, occurring on Oct 20, 2022. Recovery took 477 trading sessions.

The current Fidelity Health Savings Fund Class K drawdown is 0.12%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-19.09%Oct 2022
11mo 14d1y 11mo
2y 10moNov 2021 - Sep 2024
COVID crash2020
-13.03%Mar 2020
9d2mo 16d
2mo 25dMar 2020 - Jun 2020
2025 selloff2025
-6.14%Apr 2025
1mo 17d1mo 5d
2mo 22dFeb 2025 - May 2025
2026 pullback2026
-4.42%Mar 2026
29d18d
1mo 17dFeb 2026 - Apr 2026
2021 pullback2021
-3.02%Mar 2021
20d1mo 19d
2mo 9dFeb 2021 - Apr 2021

Drawdown Indicators


FHLKXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-19.09%

-56.78%

+37.69%

Max Drawdown (1Y)

Largest decline over 1 year

-4.42%

-9.10%

+4.68%

Max Drawdown (3Y)

Largest decline over 3 years

-6.64%

-18.90%

+12.26%

Max Drawdown (5Y)

Largest decline over 5 years

-19.09%

-25.43%

+6.34%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.12%

-1.80%

+1.68%

Average Drawdown

Average peak-to-trough decline

-4.79%

-10.71%

+5.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.03%

2.03%

-1.00%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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