- CUSIP
- 31579B663
- Issuer
- Fidelity
- Inception Date
- Jun 28, 2024
- Category
- Target Retirement Date
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FRBHX Performance Chart
Fidelity Freedom® 2070 Fund Class K6 (FRBHX) is up 15.0% since the beginning of the year. FRBHX is currently trading at $14 per share.
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Returns By Period
Fidelity Freedom® 2070 Fund Class K6 (FRBHX) has returned 15.02% so far this year and 32.53% over the past 12 months.
Fidelity Freedom® 2070 Fund Class K6
- 1D
- 1.54%
- 1M
- 3.36%
- YTD
- 15.02%
- 6M
- 15.06%
- 1Y
- 32.53%
- 3Y*
- —
- 5Y*
- —
- 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%
FRBHX Monthly Returns History
Based on dividend-adjusted daily data since Jul 3, 2024, FRBHX's average daily return is +0.09%, while the average monthly return is +1.68%. At this rate, an investment would double in approximately 3.5 years.
Historically, 79% of months were positive and 21% were negative. The best month was Apr 2026 with a return of +9.5%, while the worst month was Mar 2026 at -6.3%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 2 months.
On a daily basis, FRBHX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +7.5%, while the worst single day was Apr 4, 2025 at -8.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.81% | 2.34% | -6.33% | 9.45% | 3.70% | 1.84% | 15.02% | ||||||
| 2025 | 3.42% | -0.09% | -3.21% | 0.68% | 5.70% | 4.61% | 0.97% | 2.27% | 3.59% | 1.90% | 0.08% | 1.82% | 23.65% |
| 2024 | 0.59% | 2.06% | 1.92% | -2.17% | 3.28% | -1.97% | 3.64% |
Benchmark Metrics
Fidelity Freedom® 2070 Fund Class K6 has an annualized alpha of 3.49%, beta of 0.91, and R2 of 0.86 versus S&P 500 Index. Calculated based on daily prices since July 03, 2024.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (84.06%) than losses (46.89%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 3.49% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.91 and R2 of 0.86, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.49%
- Beta
- 0.91
- R²
- 0.86
- Upside Capture
- 84.06%
- Downside Capture
- 46.89%
Expense Ratio
FRBHX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FRBHX ranks 76 for risk / return — better than 76% 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® 2070 Fund Class K6 (FRBHX) 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.
| FRBHX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 2.78 | +0.53 |
| Martin ratioReturn relative to average drawdown | 14.45 | 12.44 | +2.01 |
Dividends
Dividend History
Fidelity Freedom® 2070 Fund Class K6 provided a 4.16% dividend yield over the last twelve months, with an annual payout of $0.58 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.58 | $0.31 | $0.25 |
Dividend yield | 4.16% | 2.53% | 2.42% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom® 2070 Fund Class K6. 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 | $0.32 | $0.00 | $0.32 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.31 |
| 2024 | $0.25 | $0.25 |
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® 2070 Fund Class K6. 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® 2070 Fund Class K6 was 15.29%, occurring on Apr 8, 2025. Recovery took 27 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -15.29%Apr 2025 | 1mo 18d | 1mo 8d | 2mo 26dFeb 2025 - May 2025 |
2026 pullback2026 | -9.77%Mar 2026 | 1mo 2d | 15d | 1mo 17dFeb 2026 - Apr 2026 |
2024 pullback2024 | -7.70%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2025 pullback2025 | -4.89%Nov 2025 | 22d | 20d | 1mo 12dOct 2025 - Dec 2025 |
2024 pullback2024 | -4.52%Dec 2024 | 10d | 1mo 4d | 1mo 14dDec 2024 - Jan 2025 |
Drawdown Indicators
| FRBHX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.29% | -56.78% | +41.49% |
Max Drawdown (1Y)Largest decline over 1 year | -9.77% | -9.10% | -0.67% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -1.77% | -10.71% | +8.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.03% | +0.20% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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