See what your fund actually adds
Fidelity SAI Alternative Risk Premia Currency Strategy Fund FRPCX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FRPCX | Replication |
|---|---|---|
| Annualized growth | -2.8% | 3.8% |
| Annualized volatility | 6.5% | 1.2% |
| Sharpe ratio | -0.40 | 3.18 |
| Maximum drawdown | 13.8% | 0.6% |
| Replication fit (R²) | 0.04 · Tracking error 6.3% | |
Replication portfolio
The published portfolio below is the investable basket used to model FRPCX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| USFR | FI · Floating Rate Notes | 89.3% |
| SPTL | FI · Long Gov | 10.7% |