Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) 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 FDEWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FDEWX
FDEWX charges 0.12% annually. There are 129 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 2020 Fund | 0.01% | — | Feb 2001 | FDEWX vs PLWIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | FDEWX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | FDEWX vs PLTZX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FDEWX vs LTRIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | FDEWX vs PTDIX |
Best Risk-Adjusted Alternatives to FDEWX
FDEWX has a PortfoliosLab risk / return rank of 70. There are 172 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 85 | — | Sep 2014 | FDEWX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FDEWX vs URINX | |
| USAA Target Retirement 2040 Fund | 85 | — | Jul 2008 | FDEWX vs URFRX | |
| USAA Target Retirement 2030 Fund | 85 | — | Jul 2008 | FDEWX vs URTRX | |
| USAA Target Retirement 2050 Fund | 85 | — | Jul 2008 | FDEWX vs URFFX |
Top Performing FDEWX Alternatives (YTD)
FDEWX is at 13.76% YTD. There are 169 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 16.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 16.34% | — | Jul 2013 | FDEWX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 16.20% | — | Jun 2017 | FDEWX vs FWLSX | |
| Fidelity Freedom 2060 Fund Class K6 | 16.14% | — | Aug 2014 | FDEWX vs FVTKX | |
| Fidelity Freedom 2065 Fund Class K6 | 16.11% | — | Jun 2019 | FDEWX vs FFSZX | |
| Fidelity Flex Freedom Blend 2065 Fund | 16.10% | — | Jun 2019 | FDEWX vs FDFPX |
Lowest Volatility Alternatives to FDEWX
FDEWX has 13.00% 1-year volatility. There are 476 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.53% | — | Nov 2015 | FDEWX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.48% | — | Oct 2009 | FDEWX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.51% | — | Oct 2009 | FDEWX vs FFGZX | |
| MFS Lifetime Income Fund | 4.53% | — | Sep 2005 | FDEWX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.54% | — | Nov 2015 | FDEWX vs DRIQX |
Lowest Drawdown Alternatives to FDEWX
FDEWX has a 1-year max drawdown of -9.07%. There are 466 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 | FDEWX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FDEWX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FDEWX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FDEWX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FDEWX 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 | 70 | 13.76% | — | Feb 1988 | FDEWX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 59.70% | — | Jul 1985 | FDEWX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 70 | 14.34% | — | — | FDEWX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 68 | 14.27% | — | — | FDEWX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 5.34% | — | — | FDEWX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 45 | 16.93% | — | Dec 1987 | FDEWX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 30 | 11.14% | 176.32B | May 1967 | FDEWX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 65 | 13.48% | — | — | FDEWX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 54 | 13.72% | — | Nov 1997 | FDEWX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 64 | 15.36% | — | Jun 2016 | FDEWX vs FTIHX |
Often Compared With FDEWX
Investors most often compare FDEWX with FDEEX, VFFVX, VOO. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare FDEWX with Any Fund or Stock
Compare FDEWX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FDEWX with funds that move differently
Fidelity Freedom Index 2055 Fund Investor Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FDEWX.
Explore FDEWX Diversifiers