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Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3157948833
Issuer
Fidelity
Inception Date
Jun 6, 2017
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Freedom 2045 Fund Class Z6, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX) has returned -3.73% so far this year and 18.02% over the past 12 months.


Fidelity Advisor Freedom 2045 Fund Class Z6

1D
-0.27%
1M
-9.06%
YTD
-3.73%
6M
-0.55%
1Y
18.02%
3Y*
14.99%
5Y*
7.98%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 15, 2017, FCGLX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, your investment would double in approximately 6.5 years.

Historically, 70% of months were positive and 30% were negative. The best month was Nov 2020 with a return of +11.8%, while the worst month was Mar 2020 at -13.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FCGLX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +7.3%, while the worst single day was Mar 16, 2020 at -10.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.48%2.30%-9.06%-3.73%
20253.70%-0.07%-2.93%0.81%5.66%4.77%0.83%2.19%3.21%1.56%0.06%1.66%23.32%
20240.25%4.38%3.48%-3.59%4.28%1.22%1.95%2.29%2.09%-2.47%3.19%-3.46%13.97%
20237.68%-3.25%2.15%1.19%-1.27%4.95%3.32%-2.79%-4.00%-3.08%8.61%5.60%19.59%
2022-4.31%-2.85%0.70%-7.76%1.08%-8.24%6.15%-3.40%-9.32%5.46%8.76%-3.84%-17.89%
20210.00%3.11%2.13%3.96%1.98%0.85%0.14%2.25%-3.58%4.57%-3.07%3.24%16.33%

Benchmark Metrics

Fidelity Advisor Freedom 2045 Fund Class Z6 has an annualized alpha of 0.62%, beta of 0.81, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since June 16, 2017.

  • This fund participated in 90.39% of S&P 500 Index downside but only 85.56% of its upside — more exposed to losses than it benefited from rallies.

Alpha
0.62%
Beta
0.81
0.91
Upside Capture
85.56%
Downside Capture
90.39%

Expense Ratio

FCGLX has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FCGLX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FCGLX Risk / Return Rank: 6262
Overall Rank
FCGLX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FCGLX Sortino Ratio Rank: 6363
Sortino Ratio Rank
FCGLX Omega Ratio Rank: 6363
Omega Ratio Rank
FCGLX Calmar Ratio Rank: 5757
Calmar Ratio Rank
FCGLX Martin Ratio Rank: 6464
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX) and compare them to a chosen benchmark (S&P 500 Index).


FCGLXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.14

0.90

+0.25

Sortino ratio

Return per unit of downside risk

1.65

1.39

+0.26

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

1.37

1.40

-0.03

Martin ratio

Return relative to average drawdown

6.17

6.61

-0.43

Explore FCGLX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Advisor Freedom 2045 Fund Class Z6 provided a 6.78% dividend yield over the last twelve months, with an annual payout of $1.01 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.40201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$1.01$1.01$0.26$0.21$1.14$1.37$0.73$0.87$1.23$0.44

Dividend yield

6.78%6.53%1.92%1.75%11.04%9.87%5.57%7.30%12.13%3.56%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Advisor Freedom 2045 Fund Class Z6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.61$0.00$0.00$0.00$0.00$0.00$0.00$0.40$1.01
2024$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.25$0.26
2023$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.21
2022$0.00$0.00$0.00$0.00$0.91$0.00$0.00$0.00$0.00$0.00$0.00$0.23$1.14
2021$0.00$0.00$0.00$0.00$0.62$0.00$0.00$0.00$0.00$0.00$0.00$0.75$1.37

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Advisor Freedom 2045 Fund Class Z6. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Advisor Freedom 2045 Fund Class Z6 was 31.21%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.

The current Fidelity Advisor Freedom 2045 Fund Class Z6 drawdown is 9.61%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.21%Feb 20, 202023Mar 23, 202099Aug 12, 2020122
-27.13%Nov 9, 2021235Oct 14, 2022339Feb 22, 2024574
-17.77%Jan 29, 2018229Dec 24, 201889May 3, 2019318
-15.03%Feb 19, 202535Apr 8, 202526May 15, 202561
-9.61%Feb 26, 202623Mar 30, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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