- Issuer
- Fidelity
- Inception Date
- Oct 2, 2009
- Category
- Target Retirement Date
- 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
FQIPX Performance Chart
Fidelity Freedom Index 2045 Premier (FQIPX) is up 11.8% since the beginning of the year. FQIPX is currently trading at $34 per share. Investors who bought $1,000 worth of FQIPX shares 5 years ago would now be looking at an investment worth $1,655.
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Returns By Period
Fidelity Freedom Index 2045 Premier (FQIPX) has returned 11.77% so far this year and 27.71% over the past 12 months.
Fidelity Freedom Index 2045 Premier
- 1D
- 1.21%
- 1M
- 1.93%
- YTD
- 11.77%
- 6M
- 11.64%
- 1Y
- 27.71%
- 3Y*
- 18.98%
- 5Y*
- 10.60%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FQIPX Monthly Returns History
Based on dividend-adjusted daily data since Jun 24, 2020, FQIPX's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, an investment would double in approximately 4.9 years.
Historically, 68% of months were positive and 32% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.85% | 1.86% | -5.98% | 8.43% | 4.31% | 0.32% | 11.77% | ||||||
| 2025 | 3.05% | 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% |
| 2023 | 7.31% | -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 1.37%, beta of 0.81, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since June 24, 2020.
- This fund participated in 83.83% of S&P 500 Index downside but only 82.77% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.37%
- Beta
- 0.81
- R²
- 0.92
- Upside Capture
- 82.77%
- Downside Capture
- 83.83%
Expense Ratio
FQIPX has an expense ratio of 0.05%, which is considered low.
Return for Risk
Risk / Return Rank
FQIPX ranks 69 for risk / return — better than 69% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Freedom Index 2045 Premier (FQIPX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FQIPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 2.78 | +0.31 |
| Martin ratioReturn relative to average drawdown | 13.27 | 12.44 | +0.83 |
Dividends
Dividend History
Fidelity Freedom Index 2045 Premier provided a 1.96% dividend yield over the last twelve months, with an annual payout of $0.67 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.64 | $1.06 | $0.46 | $0.41 | $0.50 | $0.37 |
Dividend yield | 1.96% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.07 | ||||||
| 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 0.46%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -26.16%Oct 2022 | 11mo 9d | 1y 4mo | 2y 3moNov 2021 - Feb 2024 |
2025 selloff2025 | -14.68%Apr 2025 | 1mo 18d | 1mo 8d | 2mo 26dFeb 2025 - May 2025 |
2026 pullback2026 | -8.84%Mar 2026 | 1mo 2d | 17d | 1mo 19dFeb 2026 - Apr 2026 |
2024 pullback2024 | -6.94%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2020 pullback2020 | -6.78%Sep 2020 | 20d | 1mo 13d | 2mo 3dSep 2020 - Nov 2020 |
Drawdown Indicators
| FQIPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.16% | -56.78% | +30.62% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -9.10% | +0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -14.68% | -18.90% | +4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -26.16% | -25.43% | -0.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.46% | -1.80% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -10.71% | +5.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 2.03% | +0.03% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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