Fidelity Advisor Risk Parity Fund I (FAPYX)
11.39
+0.03
(+0.26%)
USD |
Oct 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.73% | 15.35M | -- | 51.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 2.106M | 9.10% |
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 |
| Equity Style | -- |
| 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:
45
-77.13M
Peer Group Low
720.69M
Peer Group High
1 Year
% Rank:
40
2.106M
-614.47M
Peer Group Low
2.959B
Peer Group High
3 Months
% Rank:
46
-189.22M
Peer Group Low
1.119B
Peer Group High
3 Years
% Rank:
36
-6.219B
Peer Group Low
4.624B
Peer Group High
6 Months
% Rank:
53
-104.34M
Peer Group Low
2.170B
Peer Group High
5 Years
% Rank:
--
-8.882B
Peer Group Low
4.383B
Peer Group High
YTD
% Rank:
47
-137.21M
Peer Group Low
2.523B
Peer Group High
10 Years
% Rank:
--
-16.59B
Peer Group Low
5.206B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | 9.30% |
| Stock | 24.37% |
| Bond | 63.77% |
| Convertible | 0.00% |
| Preferred | 0.04% |
| Other | 2.52% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Fidelity Inflation-Protected Bond Index Fund | 26.00% | 8.71 | -0.11% |
|
BNP Paribas SA/Ishares Iboxx High Yield Corp ETF TRS
|
21.65% | -- | -- |
|
Bnp Paribas Sa/Invesco Senior Loan ETF TRS
|
16.81% | -- | -- |
| Fidelity Commodity Strategy Fund | 16.79% | 110.05 | 0.30% |
|
MSCI EMERG SEP6
|
9.98% | -- | -- |
| iShares US Treasury Bond ETF | 9.82% | 21.82 | 0.16% |
| Fidelity Small Cap Value Index Fund | 8.16% | 30.60 | 0.33% |
|
Goldman Sachs International/SPDR Gold Shares TRS
|
8.01% | -- | -- |
| iShares JP Morgan EM Local Currency Bond ETF | 7.80% | 42.39 | 0.43% |
|
Goldman Sachs International/iShares JP Morgan USD Emerging Markets Bond ETF TRS
|
6.53% | -- | -- |
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 | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
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 |
| Equity Style | -- |
| 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 (10-5-26) | 6.96% |
| 30-Day SEC Yield (10-3-23) | 0.00% |
| 7-Day SEC Yield (10-3-23) | 0.00% |
| Number of Holdings | 25 |
| Stock | |
| Weighted Average PE Ratio | 26.95 |
| Weighted Average Price to Sales Ratio | 5.854 |
| Weighted Average Price to Book Ratio | 4.250 |
| Weighted Median ROE | 11.39% |
| Weighted Median ROA | 2.86% |
| Return on Investment (TTM) | 8.04% |
| Earning Yield | 0.2120 |
| LT Debt / Shareholders Equity | 0.9489 |
| Number of Equity Holdings | 0 |
| Bond | |
| Yield to Maturity (8-31-26) | 3.54% |
| Effective Duration | -- |
| Average Coupon | 2.70% |
| Calculated Average Quality | 2.240 |
| Effective Maturity | 6.697 |
| Nominal Maturity | 6.716 |
| Number of Bond Holdings | 2 |
As of August 31, 2026
Growth Metrics
| EPS Growth (1Y) | 18.43% |
| EPS Growth (3Y) | 7.71% |
| EPS Growth (5Y) | 13.66% |
| Sales Growth (1Y) | 12.28% |
| Sales Growth (3Y) | 8.86% |
| Sales Growth (5Y) | 12.26% |
| Sales per Share Growth (1Y) | 78.02% |
| Sales per Share Growth (3Y) | 7.23% |
| Operating Cash Flow - Growth Rate (3Y) | 19.45% |
As of August 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FAPYX", "name") |
| Broad Asset Class: =YCI("M:FAPYX", "broad_asset_class") |
| Broad Category: =YCI("M:FAPYX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FAPYX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |