If you're looking for income then you should look at this list of the 20 best income portfolios.
What are the Fidelity Go portfolios?
The Fidelity Go portfolios can be built with 6-8 ETFs. They are exposed to between 20% and 85% equities.
What is the historical return of Robo Fidelity Go investment portfolios
Note that the performance is benchmarked using our own time-series for asset classes. The performance may differ from Fidelity’s performance.
Portfolio data was last updated on 11th of August 2023, 08:35 ET
|Name||Year to date||Return in 2022||10 year return||CAGR since 1989 (%)||Draw Down||Expense ratio||Yield|
|Robo Advisor Fidelity GO Taxable Conservative||2.63||-8.0||3.31||5.23||-8.0||0.06%||1.78|
|Robo Advisor Fidelity GO Taxable Moderate With Income||4.06||-9.49||4.25||5.9||-11.07||0.06%||1.89|
|Robo Advisor Fidelity GO Taxable Moderate||5.44||-10.69||5.12||6.44||-15.19||0.06%||1.93|
|Robo Advisor Fidelity GO Taxable Balanced||6.83||-11.88||5.97||6.95||-19.31||0.06%||1.98|
|Robo Advisor Fidelity GO Taxable Growth With Income||8.21||-13.08||6.8||7.44||-23.43||0.06%||2.02|
|Robo Advisor Fidelity GO Taxable Growth||9.56||-13.98||7.57||7.79||-27.35||0.05%||2.01|
|Robo Advisor Fidelity GO Taxable Aggressive Growth||11.64||-15.61||8.78||8.39||-33.38||0.05%||2.03|
|Robo Advisor Fidelity GO Tax-advantaged Conservative||2.01||-10.55||2.84||5.45||-10.55||0.05%||1.98|
|Robo Advisor Fidelity GO Tax-advantaged Moderate With Income||3.44||-12.05||3.77||6.12||-12.05||0.05%||2.08|
|Robo Advisor Fidelity GO Tax-advantaged Moderate||4.88||-12.99||4.68||6.64||-12.99||0.05%||2.11|
|Robo Advisor Fidelity GO Tax-advantaged Balanced||6.33||-13.93||5.57||7.14||-17.22||0.05%||2.13|
|Robo Advisor Fidelity GO Tax-advantaged Growth With Income||7.78||-14.87||6.45||7.6||-21.6||0.05%||2.16|
|Robo Advisor Fidelity GO Tax-advantaged Growth||9.25||-15.26||7.32||7.92||-26.05||0.05%||2.11|
|Robo Advisor Fidelity GO Tax-advantaged Aggressive Growth||11.46||-16.35||8.63||8.46||-32.62||0.05%||2.09|
Here is what the table is showing you
Year to date: This shows what the portfolio has returned this year starting from the first trading day of the year.
10 Year return: This shows the compounded annualized growth rate over a ten-year period. The current year is excluded from calculations.
CAGR since 1989: This shows the compounded annualized growth rate since 1989. The current year is excluded from calculations.
Expense ratio: This shows the cost of holding the portfolio if you were to construct the portfolio using the proposed ETFs.
Yield: This is the expected dividend yield of the portfolio.
Please note that past performance is not a guarantee of future returns.
How does the Robo Fidelity Go investment portfolios compare to the best portfolios?
Below you can see the returns of the best portfolios that we have benchmarked.
|Name||See Portfolio||Year to date||Return in 2022||10 year return||CAGR since 1989 (%)||Draw Down|
|Ben Stein Retirement||Coming soon!||4.05||-18.03||9.46||10.8||-35.42|
|Paul Merriman 4-Fund-Portfolio||Coming soon!||9.22||-11.98||11.25||10.38||-35.26|
|S&P 500||Coming soon!||17.09||-18.19||12.52||10.28||-37.63|
|Paul Merriman Target Date Portfolio (25 year old)||Coming soon!||6.63||-13.08||8.28||10.2||-36.46|
|Scott Adams Dilbert Portfolio||Coming soon!||10.87||-18.75||7.0||10.19||-44.88|
|JL Collins, Simple Path To Wealth, Wealth Building Portfolio||Coming soon!||16.6||-19.51||12.08||10.19||-37.0|
|American Institute of Individual Investors (AAII) Portfolio||Coming soon!||3.74||-13.91||9.7||10.16||-40.85|
|Paul Merriman Target Date Portfolio (35 year old)||Coming soon!||6.57||-13.22||8.31||10.08||-36.35|
|Assetbuilder.com Portfolio 14||Coming soon!||6.95||-16.94||7.59||9.99||-37.91|
|Balanced Portfolio 90/10||Coming soon!||14.83||-18.87||11.03||9.84||-32.78|
What is Fidelity?
Fidelity is a well know mutual fund provider.Fidelity is a privately owned company being the 4thlargest in assets under management.
Fidelity has an excellent reputation to draw upon that they can use in marketing their new service.
Fidelity is also where famous investor Peter Lynch had great success with his Magellan Fund.
Let’s take a look at their robo portfolios. Are they better than their competitors?
Description of Robo Fidelity Go investment portfolios
The Fidelity Go investment portfolios are relatively simple, with only a few asset classes.
They have divided their US stock allocation into:
This is unusual because what we usually see is that a US Total Stock market allocation is used instead of breaking the allocation up. We also commonly see that when the Total Stock Market allocation is broken up, it is because the portfolio overweights small caps. Fidelity Go portfolios do not tilt towards mid-caps nor small caps in a meaningful way.
The slice and dice maneuver by Fidelity pays off slightly because they gain a 0.21% CAGR advantage over using a total stock market allocation. This is using their most aggressive portfolio.
However, all is not consistent in Fidelity Go land. Their slice and dice ninjitsu is only used for US stocks. Their international exposure is lumped into one asset class under Total International stock, which includes developed markets and emerging markets. We usually see the international exposure broken up into at least international developed and emerging markets asset class.
The bond portion of their portfolios is standard. They use muni for the taxable accounts and total bond market asset class for tax-sheltered accounts.
I am pleased to see that they don’t allocate to emerging market bonds that we so often see in robo advisor portfolios.
If you are interested in seeing how other robots structure their portfolio, take a look at the ones below.
- Wealthfront’s portfolios
- Ellevest’s portfolios
- Morningstar portfolios
- Betterment’s portfolios
- SoFi’s portfolios
- Wealthsimple’s portfolios
In the asset allocation, you can see both taxable and tax-deferred portfolios for the Fidelity Go portfolios.
What is the asset allocation for Robo Fidelity Go investment portfolios?
Here is the asset allocation for Fidelity Go’s portfolios.
Note: Fidelity uses ETFs from Fidelity and other providers to build their Go investment portfolios. You can see which ETFs we use what we use in the post What Is The Best ETF? This means that when you use the Fidelity Go service you will most likely not use the same funds as we use.
Resources for the Robo Fidelity Go investment portfolios
Check out the Fidelity Go website
Fidelity has a few podcasts.
Get deeper under the skin of Fidelity with our Target Date coverage of Fidelity’s target-date funds. You can find that here.
Suggestions for your next steps
If you have already committed to a portfolio then maybe you need help maintaining the portfolio. In this case you will find our rebalance worksheet useful.
Rebalancing your portfolio lowers your risk and may provide higher returns in the long run. It is completely FREE.
You can find the rebalance worksheet in our article Here Is The Most Easy To Use Portfolio Rebalance Tool.
Is Betterment better than Fidelity?
They are both very good robo-services. Their performance is close so you need to think about the add-on services they each provide.
Which is better Fidelity or Vanguard?
Vanguard has lower costs than Fidelity. In index investing costs matter the most.
Is Fidelity a safe company to invest with?
Fidelity is absoluty safe to invest with. Fidelity has one of the best reputations in the investment industry.