Fidelity Advisor Freedom 2045 Fund Class Z6 (FCGLX) 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 FCGLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FCGLX
FCGLX charges 0.50% annually. There are 426 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | FCGLX vs PMTIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | FCGLX vs PLWIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | FCGLX vs FCQTX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FCGLX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | FCGLX vs PLTZX |
Best Risk-Adjusted Alternatives to FCGLX
FCGLX has a PortfoliosLab risk / return rank of 50. There are 495 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 | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 86 | — | Aug 2007 | FCGLX vs FRAMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | FCGLX vs PADLX | |
| State Street Target Retirement Fund | 82 | — | Sep 2014 | FCGLX vs SSFNX | |
| Prudential Day One Income Fund | 82 | — | Dec 2016 | FCGLX vs PDAHX | |
| USAA Target Retirement Income Fund | 82 | — | Jul 2008 | FCGLX vs URINX |
Top Performing FCGLX Alternatives (YTD)
FCGLX is at 9.78% YTD. There are 141 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | FCGLX vs FRAMX | |
| USAA Target Retirement 2060 Fund | 12.08% | — | Jul 2013 | FCGLX vs URSIX | |
| USAA Target Retirement 2050 Fund | 11.62% | — | Jul 2008 | FCGLX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 11.47% | — | Jun 2017 | FCGLX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 11.40% | — | Jun 2019 | FCGLX vs FDFPX |
Lowest Volatility Alternatives to FCGLX
FCGLX has 13.85% 1-year volatility. There are 565 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | FCGLX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | FCGLX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | FCGLX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | FCGLX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.39% | — | Oct 2009 | FCGLX vs FIKFX |
Lowest Drawdown Alternatives to FCGLX
FCGLX has a 1-year max drawdown of -9.61%. There are 555 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 | FCGLX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | FCGLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FCGLX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | FCGLX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | FCGLX vs FRIMX |
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 | 56 | 9.42% | — | Feb 1988 | FCGLX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 84 | 53.38% | — | Jul 1985 | FCGLX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 56 | 9.94% | — | — | FCGLX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 54 | 9.91% | — | — | FCGLX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 12 | 1.23% | — | — | FCGLX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 11.97% | — | Dec 1987 | FCGLX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 7.59% | 176.32B | May 1967 | FCGLX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 51 | 9.18% | — | — | FCGLX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 38 | 8.73% | — | Nov 1997 | FCGLX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 48 | 10.62% | — | Jun 2016 | FCGLX vs FTIHX |
Often Compared With FCGLX
Investors most often compare FCGLX with FRQHX, FYTKX, FFFAX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare FCGLX with Any Fund or Stock
Compare FCGLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FCGLX with funds that move differently
Fidelity Advisor Freedom 2045 Fund Class Z6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCGLX.
Explore FCGLX Diversifiers