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 426 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 2055 Fund | 0.01% | — | Feb 2008 | FNGLX vs LTFIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FNGLX vs JIEHX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | FNGLX vs LTSTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FNGLX vs LTRIX |
Best Risk-Adjusted Alternatives to FNGLX
FNGLX has a PortfoliosLab risk / return rank of 61. There are 475 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 89 | — | Dec 2019 | FNGLX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | FNGLX vs SSFNX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 86 | — | Jan 2020 | FNGLX vs DTDRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 86 | — | Nov 2015 | FNGLX vs DRILX | |
| Prudential Day One Income Fund | 86 | — | Dec 2016 | FNGLX vs PDAHX |
Top Performing FNGLX Alternatives (YTD)
FNGLX is at 12.12% YTD. There are 107 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock LifePath Dynamic 2060 Fund | 13.44% | — | May 2017 | FNGLX vs LPDIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 13.43% | — | Jun 2017 | FNGLX vs FWLSX | |
| BlackRock LifePath Dynamic 2055 Fund | 13.41% | — | Jun 2010 | FNGLX vs LPVIX | |
| Fidelity Flex Freedom Blend 2055 Fund | 13.34% | — | Jun 2017 | FNGLX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 13.32% | — | Jun 2019 | FNGLX vs FDFPX |
Lowest Volatility Alternatives to FNGLX
FNGLX has 12.75% 1-year volatility. There are 638 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.34% | — | Nov 2015 | FNGLX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.99% | — | Oct 2009 | FNGLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.02% | — | Oct 2009 | FNGLX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.15% | — | Aug 2019 | FNGLX vs FRQHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.15% | — | Aug 2007 | FNGLX vs FRIMX |
Lowest Drawdown Alternatives to FNGLX
FNGLX has a 1-year max drawdown of -9.90%. There are 654 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 Income Fund Investor Class | -3.32% | — | Oct 2009 | FNGLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FNGLX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | FNGLX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | FNGLX vs FRHMX |
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 | 11.56% | — | Feb 1988 | FNGLX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 74.49% | — | Jul 1985 | FNGLX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 11.76% | — | — | FNGLX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 33 | 9.01% | — | — | FNGLX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 11.81% | — | — | FNGLX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 17.66% | — | Dec 1987 | FNGLX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 39 | 8.01% | 176.32B | May 1967 | FNGLX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.27% | — | — | FNGLX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.06% | — | Nov 1997 | FNGLX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 59 | 14.72% | — | Jun 2016 | FNGLX vs FTIHX |
Often Compared With FNGLX
Investors most often compare FNGLX with FNGU, COST, TQQQ. 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