Fidelity Risk Parity (FAPSX)
| Fund Assets | 15.97M |
| Expense Ratio | 0.73% |
| Min. Investment | $0.00 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 7.08% |
| Dividend Growth | 52.83% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Mar 13, 2026 |
| Previous Close | 11.44 |
| YTD Return | 7.83% |
| 1-Year Return | 19.28% |
| 5-Year Return | n/a |
| 52-Week Low | 10.28 |
| 52-Week High | 11.92 |
| Beta (5Y) | n/a |
| Holdings | 44 |
| Inception Date | n/a |
About FAPSX
Fidelity Risk Parity Fund is a mutual fund designed to provide investors with broad diversification and an alternative to conventional portfolio structures. Its primary objective is to seek total return by employing a "risk parity" approach, which strategically allocates risk, rather than capital, across multiple asset classes such as equities, fixed income, commodities, and inflation-protected securities. The fund utilizes quantitative analysis to balance exposure across four key macroeconomic factors: growth, inflation, real rates, and liquidity. By diversifying risk across these factors and a range of statistically identified market regimes, the fund aims to achieve more robust diversification potential relative to a traditional 60% stock/40% bond portfolio. Managed by Fidelity, the fund invests in a mix of affiliated and unaffiliated mutual funds and ETFs, dynamically adjusting allocations to respond to changing economic and market conditions. Its approach is particularly relevant for investors seeking alternative strategies to enhance portfolio resilience and reduce reliance on any single source of market return.
Performance
FAPSX had a total return of 19.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.74%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
89.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Inflation-Protected Bond Index Fund | FIPDX | 23.51% |
| Fidelity Commodity Strategy Fund | FYHTX | 11.52% |
| Fidelity Emerging Markets Index Fund | FPADX | 9.26% |
| Fidelity Small Cap Value Index Fund | FISVX | 8.70% |
| iShares J.P. Morgan EM Local Currency Bond ETF | LEMB | 7.87% |
| iShares U.S. Treasury Bond ETF | GOVT | 7.70% |
| Fidelity International Index Fund | FSPSX | 7.19% |
| Fidelity Small Cap Index Fund | FSSNX | 5.97% |
| Fidelity Total Market Index Fund | FSKAX | 4.22% |
| Fidelity Real Estate Index Fund | FSRNX | 3.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 13, 2026 | $0.413 | Mar 16, 2026 |
| Dec 30, 2025 | $0.397 | Dec 31, 2025 |
| Mar 7, 2025 | $0.188 | Mar 10, 2025 |
| Dec 30, 2024 | $0.342 | Dec 31, 2024 |
| Mar 8, 2024 | $0.129 | Mar 11, 2024 |
| Dec 28, 2023 | $0.080 | Dec 29, 2023 |