- ISIN
- US3157921012
- CUSIP
- 315792101
- Issuer
- Fidelity
- Inception Date
- Sep 6, 2000
- Category
- Target Retirement Date
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FFFFX Performance Chart
Fidelity Freedom 2040 Fund (FFFFX) is up 11.5% since the beginning of the year. FFFFX is currently trading at $14 per share. Investors who bought $1,000 worth of FFFFX shares 5 years ago would now be looking at an investment worth $1,559.
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Returns By Period
Fidelity Freedom 2040 Fund (FFFFX) has returned 11.51% so far this year and 27.63% over the past 12 months. Over the last ten years, FFFFX has returned 11.92% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Fidelity Freedom 2040 Fund
- 1D
- 0.21%
- 1M
- 3.54%
- YTD
- 11.51%
- 6M
- 13.54%
- 1Y
- 27.63%
- 3Y*
- 18.91%
- 5Y*
- 9.29%
- 10Y*
- 11.92%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FFFFX Monthly Returns History
Based on dividend-adjusted daily data since Sep 6, 2000, FFFFX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +11.9%, while the worst month was Oct 2008 at -18.3%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FFFFX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +9.7%, while the worst single day was Mar 16, 2020 at -9.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.36% | 2.39% | -5.79% | 8.17% | 3.18% | 0.21% | 11.51% | ||||||
| 2025 | 3.28% | -0.00% | -2.93% | 0.69% | 5.15% | 4.35% | 0.88% | 2.22% | 3.34% | 1.73% | 0.07% | 1.52% | 22.01% |
| 2024 | 0.10% | 4.19% | 3.29% | -3.54% | 4.19% | 1.24% | 1.83% | 1.97% | 1.93% | -2.39% | 3.13% | -3.07% | 13.20% |
| 2023 | 7.99% | -3.33% | 2.48% | 1.26% | -0.99% | 4.84% | 3.11% | -2.73% | -4.00% | -3.02% | 8.39% | 5.50% | 20.06% |
| 2022 | -4.02% | -2.99% | 0.62% | -7.45% | 0.62% | -8.42% | 6.20% | -3.44% | -9.18% | 5.35% | 8.69% | -4.12% | -18.31% |
| 2021 | 0.17% | 3.23% | 2.30% | 3.86% | 2.06% | 0.88% | -0.16% | 2.13% | -3.33% | 4.40% | -2.84% | 3.05% | 16.57% |
Benchmark Metrics
Fidelity Freedom 2040 Fund has an annualized alpha of 0.64%, beta of 0.83, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since September 07, 2000.
- This fund participated in 93.90% of S&P 500 Index downside but only 91.98% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.64%
- Beta
- 0.83
- R²
- 0.94
- Upside Capture
- 91.98%
- Downside Capture
- 93.90%
Expense Ratio
FFFFX has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FFFFX ranks 71 for risk / return — better than 71% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Freedom 2040 Fund (FFFFX) and compare them to S&P 500 Index.
| FFFFX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.49 | 2.39 | +0.10 |
Sortino ratioReturn per unit of downside risk | 3.44 | 3.25 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.43 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 3.25 | 3.11 | +0.13 |
Martin ratioReturn relative to average drawdown | 14.30 | 14.38 | -0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Freedom 2040 Fund provided a 6.39% dividend yield over the last twelve months, with an annual payout of $0.92 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.92 | $0.68 | $0.30 | $0.18 | $1.10 | $1.47 | $0.67 | $0.71 | $0.72 | $0.47 | $0.37 | $0.42 |
Dividend yield | 6.39% | 5.07% | 2.63% | 1.72% | 12.33% | 12.09% | 5.67% | 6.69% | 7.97% | 4.37% | 4.05% | 4.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom 2040 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.00 | $0.55 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.68 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.30 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $1.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $1.47 |
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 Freedom 2040 Fund. 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 Freedom 2040 Fund was 54.10%, occurring on Mar 9, 2009. Recovery took 983 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.10%Mar 2009 | 1y 4mo | 3y 11mo | 5y 3moNov 2007 - Feb 2013 |
Dot-com crash2000–2002 | -46.49%Oct 2002 | 2y 1mo | 3y 3mo | 5y 4moSep 2000 - Jan 2006 |
COVID crash2020 | -30.93%Mar 2020 | 2mo 2d | 4mo 22d | 6mo 24dJan 2020 - Aug 2020 |
Bear market2022 | -27.21%Oct 2022 | 11mo 9d | 1y 4mo | 2y 3moNov 2021 - Feb 2024 |
2016 correction2016 | -19.14%Feb 2016 | 8mo 25d | 10mo 1d | 1y 6moMay 2015 - Dec 2016 |
Drawdown Indicators
| FFFFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.10% | -56.78% | +2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -9.10% | +0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -14.08% | -18.90% | +4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -27.21% | -25.43% | -1.78% |
Max Drawdown (10Y)Largest decline over 10 years | -30.93% | -33.92% | +2.99% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -11.15% | -10.72% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 1.97% | 0.00% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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