Fidelity Freedom 2045 Fund (FFFGX) 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 FFFGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FFFGX
FFFGX charges 0.68% annually. There are 513 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | FFFGX vs JLKYX | |
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | FFFGX vs JRLVX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | FFFGX vs PLTZX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | FFFGX vs FCQTX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FFFGX vs PPLIX |
Best Risk-Adjusted Alternatives to FFFGX
FFFGX has a PortfoliosLab risk / return rank of 66. There are 173 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 | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | FFFGX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | FFFGX vs FRAMX | |
| State Street Target Retirement Fund | 84 | — | Sep 2014 | FFFGX vs SSFNX | |
| Prudential Day One Income Fund | 82 | — | Dec 2016 | FFFGX vs PDAHX | |
| Dimensional Retirement Income Fund | 81 | — | Nov 2015 | FFFGX vs TDIFX |
Top Performing FFFGX Alternatives (YTD)
FFFGX is at 12.09% YTD. There are 45 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 | FFFGX vs FRAMX | |
| USAA Target Retirement 2060 Fund | 12.78% | — | Jul 2013 | FFFGX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.62% | — | Jun 2017 | FFFGX vs FWLSX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.58% | — | Jun 2019 | FFFGX vs FFSZX | |
| Fidelity Freedom 2055 Fund Class K6 | 12.56% | — | Jun 2011 | FFFGX vs FCTKX |
Lowest Volatility Alternatives to FFFGX
FFFGX has 13.73% 1-year volatility. There are 562 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | FFFGX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | FFFGX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | FFFGX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | FFFGX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | FFFGX vs FIKFX |
Lowest Drawdown Alternatives to FFFGX
FFFGX has a 1-year max drawdown of -9.57%. There are 550 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 | FFFGX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | FFFGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FFFGX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | FFFGX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | FFFGX 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 | 60 | 10.18% | — | Feb 1988 | FFFGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 89 | 60.71% | — | Jul 1985 | FFFGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 62 | 11.00% | — | — | FFFGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 61 | 10.98% | — | — | FFFGX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 16 | 3.03% | — | — | FFFGX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 52 | 14.20% | — | Dec 1987 | FFFGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 9.37% | 176.32B | May 1967 | FFFGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 58 | 10.25% | — | — | FFFGX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 9.38% | — | Nov 1997 | FFFGX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 50 | 11.66% | — | Jun 2016 | FFFGX vs FTIHX |
Often Compared With FFFGX
Investors most often compare FFFGX with VTIVX, FFFHX, FIOFX. These 19 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare FFFGX with Any Fund or Stock
Compare FFFGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FFFGX with funds that move differently
Fidelity Freedom 2045 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FFFGX.
Explore FFFGX Diversifiers