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Fidelity Freedom 2045 Fund (FFFGX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3157924248
CUSIP
315792424
Issuer
Fidelity
Inception Date
Jun 1, 2006
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 Freedom 2045 Fund, 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 Freedom 2045 Fund (FFFGX) has returned -3.32% so far this year and 19.57% over the past 12 months. Over the last ten years, FFFGX has returned 10.90% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Fidelity Freedom 2045 Fund

1D
-0.32%
1M
-8.98%
YTD
-3.32%
6M
0.25%
1Y
19.57%
3Y*
15.37%
5Y*
8.16%
10Y*
10.90%

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 2, 2006, FFFGX's average daily return is +0.03%, while the average monthly return is +0.69%. At this rate, your investment would double in approximately 8.4 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +12.0%, 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, FFFGX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -9.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.70%2.42%-8.98%-3.32%
20253.56%-0.21%-3.15%0.74%5.66%4.70%0.95%2.36%3.56%1.84%0.06%1.75%23.77%
20240.17%4.46%3.48%-3.67%4.42%1.22%1.81%2.07%1.96%-2.34%3.27%-3.26%13.95%
20238.03%-3.26%2.44%1.28%-0.97%4.95%3.32%-2.88%-4.09%-3.09%8.62%5.60%20.56%
2022-4.09%-2.91%0.62%-7.50%0.67%-8.49%6.18%-3.46%-9.33%5.61%8.76%-4.14%-18.29%
20210.15%3.27%2.23%3.87%2.13%0.76%-0.07%2.14%-3.31%4.33%-2.81%3.05%16.55%

Benchmark Metrics

Fidelity Freedom 2045 Fund has an annualized alpha of 0.29%, beta of 0.84, and R² of 0.94 versus S&P 500 Index. Calculated based on daily prices since June 05, 2006.

  • This fund participated in 95.04% of S&P 500 Index downside but only 90.96% of its upside — more exposed to losses than it benefited from rallies.

Alpha
0.29%
Beta
0.84
0.94
Upside Capture
90.96%
Downside Capture
95.04%

Expense Ratio

FFFGX has an expense ratio of 0.75%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FFFGX ranks 69 for risk / return — better than 69% 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.


FFFGX Risk / Return Rank: 6969
Overall Rank
FFFGX Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
FFFGX Sortino Ratio Rank: 6969
Sortino Ratio Rank
FFFGX Omega Ratio Rank: 6868
Omega Ratio Rank
FFFGX Calmar Ratio Rank: 6666
Calmar Ratio Rank
FFFGX Martin Ratio Rank: 7474
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 Freedom 2045 Fund (FFFGX) and compare them to a chosen benchmark (S&P 500 Index).


FFFGXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.23

0.90

+0.33

Sortino ratio

Return per unit of downside risk

1.76

1.39

+0.38

Omega ratio

Gain probability vs. loss probability

1.26

1.21

+0.05

Calmar ratio

Return relative to maximum drawdown

1.57

1.40

+0.17

Martin ratio

Return relative to average drawdown

7.10

6.61

+0.49

Explore FFFGX 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 Freedom 2045 Fund provided a 4.55% dividend yield over the last twelve months, with an annual payout of $0.70 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$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.70$0.70$0.27$0.22$1.23$1.67$0.67$0.78$0.80$0.49$0.43$0.40

Dividend yield

4.55%4.40%1.97%1.84%12.04%12.00%4.99%6.51%7.82%4.01%4.15%4.07%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Freedom 2045 Fund. 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$0.34$0.00$0.00$0.00$0.00$0.00$0.00$0.36$0.70
2024$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00$0.24$0.27
2023$0.00$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.00$0.16$0.22
2022$0.00$0.00$0.00$0.00$0.85$0.00$0.00$0.00$0.00$0.00$0.00$0.38$1.23
2021$0.00$0.00$0.00$0.00$0.67$0.00$0.00$0.00$0.00$0.00$0.00$1.00$1.67

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 2045 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 2045 Fund was 54.61%, occurring on Mar 9, 2009. Recovery took 994 trading sessions.

The current Fidelity Freedom 2045 Fund drawdown is 9.57%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.61%Nov 1, 2007339Mar 9, 2009994Feb 19, 20131333
-30.95%Jan 21, 202044Mar 23, 202099Aug 12, 2020143
-27.33%Nov 9, 2021225Sep 30, 2022349Feb 22, 2024574
-19.41%May 22, 2015183Feb 11, 2016210Dec 9, 2016393
-18.54%Jan 29, 2018229Dec 24, 2018212Oct 28, 2019441

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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