Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX) 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 FNGLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FNGLX
FNGLX charges 0.50% annually. There are 428 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 2060 Fund | 0.01% | — | Feb 2013 | FNGLX vs PLTZX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | FNGLX vs PLWIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | FNGLX vs PMTIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | FNGLX vs FCQTX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | FNGLX vs PTDIX |
Best Risk-Adjusted Alternatives to FNGLX
FNGLX has a PortfoliosLab risk / return rank of 59. There are 440 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 | FNGLX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FNGLX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | FNGLX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | FNGLX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | FNGLX vs URTRX |
Top Performing FNGLX Alternatives (YTD)
FNGLX is at 10.83% YTD. There are 112 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 | FNGLX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | FNGLX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | FNGLX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | FNGLX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | FNGLX vs FDFPX |
Lowest Volatility Alternatives to FNGLX
FNGLX has 14.45% 1-year volatility. There are 627 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 | FNGLX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | FNGLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | FNGLX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | FNGLX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | FNGLX vs DRIQX |
Lowest Drawdown Alternatives to FNGLX
FNGLX has a 1-year max drawdown of -9.90%. There are 631 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 | FNGLX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FNGLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FNGLX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FNGLX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FNGLX 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 | FNGLX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FNGLX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FNGLX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FNGLX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FNGLX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FNGLX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FNGLX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FNGLX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FNGLX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FNGLX vs FTIHX |
Often Compared With FNGLX
Investors most often compare FNGLX with FNGU, TQQQ, COST. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FNGLX with Any Fund or Stock
Compare FNGLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FNGLX with funds that move differently
Fidelity Advisor Freedom 2060 Fund Class Z6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNGLX.
Explore FNGLX Diversifiers