Fidelity Advisor Freedom 2030 Fund Class A (FAFEX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FAFEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAFEX
FAFEX charges 0.91% annually. There are 577 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | FAFEX vs JRLVX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FAFEX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FAFEX vs PPLIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | FAFEX vs LTFIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FAFEX vs JIEHX |
Best Risk-Adjusted Alternatives to FAFEX
FAFEX has a PortfoliosLab risk / return rank of 48. There are 571 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | FAFEX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FAFEX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | FAFEX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 83 | — | Sep 2014 | FAFEX vs SSBRX | |
| USAA Target Retirement 2030 Fund | 83 | — | Jul 2008 | FAFEX vs URTRX |
Top Performing FAFEX Alternatives (YTD)
FAFEX is at 6.76% YTD. There are 417 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | FAFEX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | FAFEX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.89% | — | Jun 2017 | FAFEX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.86% | — | Jun 2019 | FAFEX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.80% | — | Jun 2017 | FAFEX vs FQLSX |
Lowest Volatility Alternatives to FAFEX
FAFEX has 9.80% 1-year volatility. There are 277 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | FAFEX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.43% | — | Oct 2009 | FAFEX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.46% | — | Oct 2009 | FAFEX vs FFGZX | |
| MFS Lifetime Income Fund | 4.50% | — | Sep 2005 | FAFEX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | FAFEX vs DRIQX |
Lowest Drawdown Alternatives to FAFEX
FAFEX has a 1-year max drawdown of -6.98%. There are 263 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | FAFEX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FAFEX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FAFEX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FAFEX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FAFEX vs PRMYX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 59 | 10.13% | — | Feb 1988 | FAFEX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 49.63% | — | Jul 1985 | FAFEX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 59 | 10.58% | — | — | FAFEX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 58 | 10.51% | — | — | FAFEX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 10 | 0.30% | — | — | FAFEX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 35 | 11.25% | — | Dec 1987 | FAFEX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 23 | 6.89% | 176.32B | May 1967 | FAFEX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 54 | 9.84% | — | — | FAFEX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 11.79% | — | Nov 1997 | FAFEX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 70 | 12.93% | — | Jun 2016 | FAFEX vs FTIHX |
Often Compared With FAFEX
Investors most often compare FAFEX with VTSAX, AGTHX, FCQTX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FAFEX with Any Fund or Stock
Compare FAFEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAFEX with funds that move differently
Fidelity Advisor Freedom 2030 Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAFEX.
Explore FAFEX Diversifiers