See what your fund actually adds
Fidelity SAI Convertible Arbitrage Fund FSAWX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FSAWX | Replication |
|---|---|---|
| Annualized growth | 9.5% | 4.8% |
| Annualized volatility | 2.0% | 0.7% |
| Sharpe ratio | 4.61 | 6.62 |
| Maximum drawdown | 2.2% | 0.2% |
| Replication fit (R²) | 0.16 · Tracking error 1.8% | |
Replication portfolio
The published portfolio below is the investable basket used to model FSAWX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 87.3% |
| MUB | FI · Municipal | 8.2% |
| ICVT | FI · Convertibles | 4.5% |