Skip to Content
Morningstar

Fidelity Risk Parity FAPSX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.35  /  +0.54 %
  • Total Assets 7.6 Mil
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.19%
  • Turnover 84%

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FAPSX

Will FAPSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAPSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FAPSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FAPSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity Risk Parity's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FAPSX

More FAPSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 91.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Tip 7/1/2024 Fds Etrs

14.74 1.1 Mil
—

Fidelity Inflation-Prot Bd Index

14.67 1.1 Mil
—

Fidelity Cash Central Fund

14.23 1.1 Mil
Cash and Equivalents

Bkln 4/1/2024 Fds Etrs

11.16 830,166
Cash and Equivalents

Hyg 4/1/2024 Fds Etrs

10.83 805,699
—

Fidelity Emerging Markets Idx

10.40 773,435
—

Fidelity International Index

9.90 736,451
—

Fidelity Commodity Strategy

9.22 685,617
—

Gld 7/1/2024 Fds Etrs

7.45 554,314
—

Fidelity Small Cap Value Index

7.41 551,137
—