Fidelity Salem Street Fund Year To Date Return
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Fidelity Salem's long-term financial health and intrinsic value.
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Fidelity Salem Street Mutual Fund Year To Date Return Analysis
Fidelity Salem's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
CompetitionAccording to the company's disclosures, Fidelity Salem Street has a Year To Date Return of 0.0%. This is 100.0% lower than that of the Fidelity Investments family and about the same as Foreign Large Growth (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Fidelity Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Salem's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Fidelity Salem could also be used in its relative valuation, which is a method of valuing Fidelity Salem by comparing valuation metrics of similar companies.Fidelity Salem is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Fidelity Salem
The fund consists of 98.79% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Fidelity Salem's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fidelity Fundamentals
| Total Asset | 582.02 M | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 318.52 M | |||
| Last Dividend Paid | 0.1 | |||
| Cash Position Weight | 1.21 % | |||
| Equity Positions Weight | 98.79 % |
About Fidelity Salem Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Salem Street's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Salem using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Salem Street based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Tools for Fidelity Mutual Fund
When running Fidelity Salem's price analysis, check to measure Fidelity Salem's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Salem is operating at the current time. Most of Fidelity Salem's value examination focuses on studying past and present price action to predict the probability of Fidelity Salem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Salem's price. Additionally, you may evaluate how the addition of Fidelity Salem to your portfolios can decrease your overall portfolio volatility.
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