Fidelity Freedom Blend 2040 Fund Class K (FHYDX) 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 FHYDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FHYDX
FHYDX charges 0.39% annually. There are 318 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 2030 Fund | 0.01% | — | Feb 2001 | FHYDX vs PMTIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | FHYDX vs LTFIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | FHYDX vs PTDIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FHYDX vs LTIUX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FHYDX vs LTRIX |
Best Risk-Adjusted Alternatives to FHYDX
FHYDX has a PortfoliosLab risk / return rank of 69. There are 83 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 | FHYDX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | FHYDX vs FRAMX | |
| State Street Target Retirement Fund | 84 | — | Sep 2014 | FHYDX vs SSFNX | |
| Prudential Day One Income Fund | 83 | — | Dec 2016 | FHYDX vs PDAHX | |
| USAA Target Retirement Income Fund | 82 | — | Jul 2008 | FHYDX vs URINX |
Top Performing FHYDX Alternatives (YTD)
FHYDX is at 11.87% YTD. There are 94 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 | FHYDX vs FRAMX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 13.71% | — | Jun 2019 | FHYDX vs FFBQX | |
| Fidelity Advisor Freedom Blend 2060 Fund Class Z | 13.65% | — | Aug 2018 | FHYDX vs FHJEX | |
| Fidelity Freedom Blend 2065 Fund Class K | 13.65% | — | Jun 2019 | FHYDX vs FFBKX | |
| Fidelity Freedom Blend 2055 Fund Class K | 13.63% | — | Aug 2018 | FHYDX vs FHVDX |
Lowest Volatility Alternatives to FHYDX
FHYDX has 12.46% 1-year volatility. There are 443 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 | FHYDX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | FHYDX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | FHYDX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | FHYDX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | FHYDX vs FIKFX |
Lowest Drawdown Alternatives to FHYDX
FHYDX has a 1-year max drawdown of -8.64%. There are 406 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 | FHYDX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | FHYDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FHYDX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | FHYDX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | FHYDX 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 | 57 | 10.75% | — | Feb 1988 | FHYDX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 83 | 54.72% | — | Jul 1985 | FHYDX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 57 | 11.29% | — | — | FHYDX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 55 | 11.25% | — | — | FHYDX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 12 | 2.70% | — | — | FHYDX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 41 | 13.51% | — | Dec 1987 | FHYDX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 30 | 9.45% | 176.32B | May 1967 | FHYDX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 52 | 10.49% | — | — | FHYDX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 37 | 10.02% | — | Nov 1997 | FHYDX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 47 | 12.12% | — | Jun 2016 | FHYDX vs FTIHX |
Often Compared With FHYDX
Investors most often compare FHYDX with FIWDX, FRKMX, PDDDX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare FHYDX with Any Fund or Stock
Compare FHYDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FHYDX with funds that move differently
Fidelity Freedom Blend 2040 Fund Class K alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FHYDX.
Explore FHYDX Diversifiers