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Fidelity Freedom Index 2045 Premier (FQIPX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

Issuer
Fidelity
Inception Date
Oct 2, 2009
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom Index 2045 Premier, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Freedom Index 2045 Premier (FQIPX) has returned -4.02% so far this year and 16.77% over the past 12 months.


Fidelity Freedom Index 2045 Premier

1D
-0.13%
1M
-8.39%
YTD
-4.02%
6M
-1.12%
1Y
16.77%
3Y*
15.07%
5Y*
8.25%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 24, 2020, FQIPX's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2020 with a return of +11.4%, while the worst month was Sep 2022 at -9.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FQIPX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +7.3%, while the worst single day was Apr 4, 2025 at -5.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.85%1.86%-8.39%-4.02%
20253.05%0.11%-3.25%0.73%4.94%4.32%0.77%2.72%3.46%1.93%0.19%0.88%21.43%
2024-0.09%3.89%2.95%-3.60%4.16%1.61%2.18%2.25%2.16%-2.45%3.58%-0.89%16.55%
20237.31%-3.12%2.88%1.23%-1.23%5.27%3.11%-2.80%-4.28%-3.01%8.73%5.33%19.98%
2022-4.40%-2.73%1.27%-7.78%0.43%-7.66%6.58%-3.89%-9.24%5.39%8.26%-4.16%-18.13%
2021-0.32%2.18%2.18%3.87%1.41%1.31%0.58%2.12%-3.90%4.70%-2.18%3.28%15.95%

Benchmark Metrics

Fidelity Freedom Index 2045 Premier has an annualized alpha of 0.81%, beta of 0.81, and R² of 0.92 versus S&P 500 Index. Calculated based on daily prices since June 25, 2020.

  • This fund participated in 87.11% of S&P 500 Index downside but only 83.13% of its upside — more exposed to losses than it benefited from rallies.

Alpha
0.81%
Beta
0.81
0.92
Upside Capture
83.13%
Downside Capture
87.11%

Expense Ratio

FQIPX has an expense ratio of 0.05%, which is considered low.


Return for Risk

Risk / Return Rank

FQIPX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FQIPX Risk / Return Rank: 6262
Overall Rank
FQIPX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
FQIPX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FQIPX Omega Ratio Rank: 6161
Omega Ratio Rank
FQIPX Calmar Ratio Rank: 5858
Calmar Ratio Rank
FQIPX Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Freedom Index 2045 Premier (FQIPX) and compare them to a chosen benchmark (S&P 500 Index).


FQIPXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.11

0.90

+0.22

Sortino ratio

Return per unit of downside risk

1.63

1.39

+0.24

Omega ratio

Gain probability vs. loss probability

1.24

1.21

+0.03

Calmar ratio

Return relative to maximum drawdown

1.40

1.40

0.00

Martin ratio

Return relative to average drawdown

6.51

6.61

-0.10

Explore FQIPX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Freedom Index 2045 Premier provided a 2.17% dividend yield over the last twelve months, with an annual payout of $0.64 per share.


2.00%2.50%3.00%3.50%4.00%$0.00$0.20$0.40$0.60$0.80$1.00202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$0.64$0.64$1.06$0.46$0.41$0.50$0.37

Dividend yield

2.17%2.08%4.09%2.00%2.10%2.05%1.73%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Freedom Index 2045 Premier. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.00$0.00$0.00$0.00$0.61$0.64
2024$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$1.05$1.06
2023$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.46$0.46
2022$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.39$0.41
2021$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.00$0.44$0.50

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Freedom Index 2045 Premier. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Freedom Index 2045 Premier was 26.16%, occurring on Oct 14, 2022. Recovery took 339 trading sessions.

The current Fidelity Freedom Index 2045 Premier drawdown is 8.84%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.16%Nov 9, 2021235Oct 14, 2022339Feb 22, 2024574
-14.68%Feb 19, 202535Apr 8, 202527May 16, 202562
-8.84%Feb 26, 202623Mar 30, 2026
-6.94%Jul 17, 202414Aug 5, 202414Aug 23, 202428
-6.78%Sep 3, 202014Sep 23, 202031Nov 5, 202045

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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