Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) 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 FFGZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FFGZX
FFGZX charges 0.08% annually. There are 63 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 2025 Fund | 0.01% | — | Feb 2008 | FFGZX vs LTSTX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | FFGZX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FFGZX vs LTIUX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FFGZX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FFGZX vs LTRIX |
Best Risk-Adjusted Alternatives to FFGZX
FFGZX has a PortfoliosLab risk / return rank of 63. There are 399 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 87 | — | Sep 2014 | FFGZX vs SSFNX | |
| USAA Target Retirement 2040 Fund | 86 | — | Jul 2008 | FFGZX vs URFRX | |
| USAA Target Retirement Income Fund | 86 | — | Jul 2008 | FFGZX vs URINX | |
| USAA Target Retirement 2050 Fund | 86 | — | Jul 2008 | FFGZX vs URFFX | |
| State Street Target Retirement 2025 Fund | 86 | — | Sep 2014 | FFGZX vs SSBRX |
Top Performing FFGZX Alternatives (YTD)
FFGZX is at 3.57% YTD. There are 641 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 14.49% | — | Jul 2013 | FFGZX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 14.31% | — | Jun 2017 | FFGZX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.25% | — | Jun 2019 | FFGZX vs FDFPX | |
| Fidelity Freedom 2065 Fund Class K6 | 14.22% | — | Jun 2019 | FFGZX vs FFSZX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.22% | — | Aug 2014 | FFGZX vs FVTKX |
Lowest Volatility Alternatives to FFGZX
FFGZX has 4.47% 1-year volatility. There are 2 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 | FFGZX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.45% | — | Oct 2009 | FFGZX vs FIKFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | FFGZX vs DRIQX | |
| MFS Lifetime Income Fund | 4.52% | — | Sep 2005 | FFGZX vs MLLIX | |
| Prudential Day One Income Fund | 4.65% | — | Dec 2016 | FFGZX vs PDAHX |
Lowest Drawdown Alternatives to FFGZX
FFGZX has a 1-year max drawdown of -3.33%. There are 2 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 | FFGZX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FFGZX vs FIKFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FFGZX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FFGZX vs PRMYX | |
| Prudential Day One Income Fund | -3.51% | — | Dec 2016 | FFGZX vs PDAHX |
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 | 75 | 11.76% | — | Feb 1988 | FFGZX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 51.40% | — | Jul 1985 | FFGZX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 76 | 12.27% | — | — | FFGZX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 75 | 12.20% | — | — | FFGZX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 2.47% | — | — | FFGZX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 49 | 13.81% | — | Dec 1987 | FFGZX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 33 | 9.08% | 176.32B | May 1967 | FFGZX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 72 | 11.48% | — | — | FFGZX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 12.40% | — | Nov 1997 | FFGZX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 71 | 13.68% | — | Jun 2016 | FFGZX vs FTIHX |
Often Compared With FFGZX
Investors most often compare FFGZX with FFEZX, FFOPX, FDRR. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare FFGZX with Any Fund or Stock
Compare FFGZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FFGZX with funds that move differently
Fidelity Freedom Index Income Fund Institutional Premium Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FFGZX.
Explore FFGZX Diversifiers