FSMUX
Strategic Advisers Municipal Bond Fund
Fidelity Rutland Square Trust II
Fund of funds

Average annual returns

Through 2025 · incl. N-PORT-derived 2025
1 year
3.70%
3 year
4.59%
5 year
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

2025 onward derived from N-PORT monthly returns

Risk statistics

56 months through Feb. 28, 2026
Volatility (ann.)
5.50%
Sharpe
0.91
Sortino
1.93
Max drawdown
-15.03%
Best month
6.40%
Worst month
-4.06%

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.