Fidelity Risk Parity Fund (FAPSX)
10.98
-0.08
(-0.72%)
USD |
Nov 20 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.73% | 12.94M | -- | 82.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 2.918M | 14.76% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks total return. Using quantitative analysis to balance the fund's risk across four risk factors: growth (risk of reduced earnings expectations and increased default risk), inflation (risk of rising consumer inflation), real rates (risk of rising real interest rates), and liquidity (risk of reduced liquidity). |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Global Macro |
| Peer Group | Alternative Global Macro Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Global Macro Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
43
-447.09M
Peer Group Low
205.52M
Peer Group High
1 Year
% Rank:
47
2.918M
-3.451B
Peer Group Low
1.524B
Peer Group High
3 Months
% Rank:
41
-1.655B
Peer Group Low
663.27M
Peer Group High
3 Years
% Rank:
45
-7.052B
Peer Group Low
1.593B
Peer Group High
6 Months
% Rank:
46
-2.122B
Peer Group Low
869.57M
Peer Group High
5 Years
% Rank:
27
-9.785B
Peer Group Low
2.060B
Peer Group High
YTD
% Rank:
45
-2.810B
Peer Group Low
1.414B
Peer Group High
10 Years
% Rank:
33
-22.82B
Peer Group Low
2.446B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of November 21, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 11.08% |
| Stock | 34.90% |
| Bond | 52.01% |
| Convertible | 0.00% |
| Preferred | 0.16% |
| Other | 1.84% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Fidelity Inflation-Protected Bond Index Fund | 22.62% | 9.32 | 0.11% |
| Fidelity Commodity Strategy Fund | 11.75% | 100.14 | -0.67% |
|
Morgan Stanley Capital Services LLC/iShares iBoxx $ High Yield Corporate Bond ETF TRS
|
9.89% | -- | -- |
| iShares US Treasury Bond ETF | 9.49% | 23.20 | 0.17% |
|
Goldman Sachs International/SPDR Gold Shares TRS
|
9.34% | -- | -- |
|
Goldman Sachs International/Invesco Senior Loan Etf TRS
|
9.22% | -- | -- |
| Fidelity International Index Fund | 8.57% | 58.33 | -1.49% |
| Fidelity Emerging Markets Index Fund | 8.21% | 13.40 | -1.33% |
|
Fidelity Cash Central Fund
|
7.79% | -- | -- |
| Fidelity Small Cap Value Index Fund | 7.65% | 26.40 | -1.27% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.56% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks total return. Using quantitative analysis to balance the fund's risk across four risk factors: growth (risk of reduced earnings expectations and increased default risk), inflation (risk of rising consumer inflation), real rates (risk of rising real interest rates), and liquidity (risk of reduced liquidity). |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Global Macro |
| Peer Group | Alternative Global Macro Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Global Macro Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (11-19-25) | 4.83% |
| 30-Day SEC Yield (10-3-23) | 0.00% |
| 7-Day SEC Yield (10-3-23) | 0.00% |
| Number of Holdings | 38 |
| Stock | |
| Weighted Average PE Ratio | 25.89 |
| Weighted Average Price to Sales Ratio | 5.283 |
| Weighted Average Price to Book Ratio | 4.494 |
| Weighted Median ROE | 40.50% |
| Weighted Median ROA | 4.88% |
| ROI (TTM) | 9.32% |
| Return on Investment (TTM) | 9.32% |
| Earning Yield | 0.0571 |
| LT Debt / Shareholders Equity | 0.8280 |
| Number of Equity Holdings | 0 |
| Bond | |
| Yield to Maturity (9-30-25) | 2.97% |
| Effective Duration | -- |
| Average Coupon | 2.65% |
| Calculated Average Quality | 2.272 |
| Effective Maturity | 7.602 |
| Nominal Maturity | 7.617 |
| Number of Bond Holdings | 1 |
As of September 30, 2025
Growth Metrics
| EPS Growth (1Y) | 19.99% |
| EPS Growth (3Y) | 9.28% |
| EPS Growth (5Y) | 12.14% |
| Sales Growth (1Y) | 9.96% |
| Sales Growth (3Y) | 10.90% |
| Sales Growth (5Y) | 10.80% |
| Sales per Share Growth (1Y) | 25.36% |
| Sales per Share Growth (3Y) | 9.46% |
| Operating Cash Flow - Growth Rate (3Y) | 12.95% |
As of September 30, 2025
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FAPSX", "name") |
| Broad Asset Class: =YCI("M:FAPSX", "broad_asset_class") |
| Broad Category: =YCI("M:FAPSX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FAPSX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |