Fidelity Freedom Index 2045 Premier (FQIPX) 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 FQIPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FQIPX
FQIPX charges 0.05% annually. There are 31 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | FQIPX vs FCQTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FQIPX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | FQIPX vs PMTIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | FQIPX vs PLTZX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FQIPX vs PPLIX |
Best Risk-Adjusted Alternatives to FQIPX
FQIPX has a PortfoliosLab risk / return rank of 64. There are 359 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 | FQIPX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FQIPX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | FQIPX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | FQIPX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | FQIPX vs URTRX |
Top Performing FQIPX Alternatives (YTD)
FQIPX is at 10.14% YTD. There are 200 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 | FQIPX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | FQIPX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | FQIPX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | FQIPX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | FQIPX vs FQLSX |
Lowest Volatility Alternatives to FQIPX
FQIPX has 12.68% 1-year volatility. There are 433 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 | FQIPX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | FQIPX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | FQIPX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | FQIPX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | FQIPX vs DRIQX |
Lowest Drawdown Alternatives to FQIPX
FQIPX has a 1-year max drawdown of -8.84%. There are 430 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 | FQIPX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FQIPX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FQIPX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FQIPX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FQIPX 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 | FQIPX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FQIPX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FQIPX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FQIPX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FQIPX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FQIPX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FQIPX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FQIPX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FQIPX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FQIPX vs FTIHX |
Often Compared With FQIPX
Investors most often compare FQIPX with DRIJX, FVTKX, FRQHX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FQIPX with Any Fund or Stock
Compare FQIPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FQIPX with funds that move differently
Fidelity Freedom Index 2045 Premier alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FQIPX.
Explore FQIPX Diversifiers