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Fidelity Freedom® 2070 Fund Class K6 (FRBHX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

CUSIP
31579B663
Issuer
Fidelity
Inception Date
Jun 28, 2024
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

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Freedom® 2070 Fund Class K6, 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® 2070 Fund Class K6 (FRBHX) has returned -3.48% so far this year and 19.35% over the past 12 months.


Fidelity Freedom® 2070 Fund Class K6

1D
-0.33%
1M
-9.15%
YTD
-3.48%
6M
0.21%
1Y
19.35%
3Y*
5Y*
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 Jul 3, 2024, FRBHX's average daily return is +0.05%, while the average monthly return is +1.07%. At this rate, your investment would double in approximately 5.4 years.

Historically, 76% of months were positive and 24% were negative. The best month was May 2025 with a return of +5.7%, while the worst month was Mar 2026 at -9.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 2 months.

On a daily basis, FRBHX closed higher 54% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.81%2.34%-9.15%-3.48%
20253.42%-0.09%-3.21%0.68%5.70%4.61%0.97%2.27%3.59%1.90%0.08%1.82%23.65%
20240.59%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 3.15%, beta of 0.88, and R² of 0.86 versus S&P 500 Index. Calculated based on daily prices since July 05, 2024.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (83.98%) than losses (63.45%) — typical of diversified or defensive assets.
  • This fund generated an annualized alpha of 3.15% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 0.88 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
3.15%
Beta
0.88
0.86
Upside Capture
83.98%
Downside Capture
63.45%

Expense Ratio

FRBHX has an expense ratio of 0.45%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FRBHX ranks 61 for risk / return — better than 61% 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.


FRBHX Risk / Return Rank: 6161
Overall Rank
FRBHX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
FRBHX Sortino Ratio Rank: 5656
Sortino Ratio Rank
FRBHX Omega Ratio Rank: 6868
Omega Ratio Rank
FRBHX Calmar Ratio Rank: 5555
Calmar Ratio Rank
FRBHX Martin Ratio Rank: 6464
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® 2070 Fund Class K6 (FRBHX) and compare them to a chosen benchmark (S&P 500 Index).


FRBHXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.13

0.90

+0.24

Sortino ratio

Return per unit of downside risk

1.53

1.39

+0.15

Omega ratio

Gain probability vs. loss probability

1.26

1.21

+0.05

Calmar ratio

Return relative to maximum drawdown

1.34

1.40

-0.06

Martin ratio

Return relative to average drawdown

6.12

6.61

-0.49

Explore FRBHX 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® 2070 Fund Class K6 provided a 2.62% dividend yield over the last twelve months, with an annual payout of $0.31 per share.


2.42%2.44%2.46%2.48%2.50%2.52%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.3520242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.31$0.31$0.25

Dividend yield

2.62%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
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.

The current Fidelity Freedom® 2070 Fund Class K6 drawdown is 9.77%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.29%Feb 19, 202532Apr 8, 202527May 16, 202559
-9.77%Feb 26, 202623Mar 30, 2026
-7.7%Jul 17, 202414Aug 5, 202414Aug 23, 202428
-4.89%Oct 29, 202517Nov 20, 202513Dec 10, 202530
-4.52%Dec 9, 20249Dec 19, 202417Jan 22, 202526

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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