Fidelity Advisor Freedom Blend 2045 Fund Class Z (FHBFX) 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 FHBFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FHBFX
FHBFX charges 0.39% annually. There are 319 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 2055 Fund | 0.01% | — | Feb 2008 | FHBFX vs LTFIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FHBFX vs LTRIX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | FHBFX vs LTSTX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FHBFX vs PPLIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | FHBFX vs PLWIX |
Best Risk-Adjusted Alternatives to FHBFX
FHBFX has a PortfoliosLab risk / return rank of 66. There are 288 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 | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | FHBFX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FHBFX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | FHBFX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | FHBFX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | FHBFX vs URTRX |
Top Performing FHBFX Alternatives (YTD)
FHBFX is at 11.74% YTD. There are 52 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | FHBFX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | FHBFX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | FHBFX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | FHBFX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | FHBFX vs FQLSX |
Lowest Volatility Alternatives to FHBFX
FHBFX has 13.97% 1-year volatility. There are 549 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 | FHBFX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | FHBFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | FHBFX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | FHBFX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | FHBFX vs DRIQX |
Lowest Drawdown Alternatives to FHBFX
FHBFX has a 1-year max drawdown of -9.44%. There are 513 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 | FHBFX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FHBFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FHBFX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FHBFX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FHBFX 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 | 64 | 9.35% | — | Feb 1988 | FHBFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FHBFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FHBFX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FHBFX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FHBFX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FHBFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FHBFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FHBFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FHBFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FHBFX vs FTIHX |
Often Compared With FHBFX
Investors most often compare FHBFX with FCQTX, FFFAX, FFFCX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FHBFX with Any Fund or Stock
Compare FHBFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FHBFX with funds that move differently
Fidelity Advisor Freedom Blend 2045 Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FHBFX.
Explore FHBFX Diversifiers