- Issuer
- Fidelity
- Inception Date
- Jun 28, 2024
- Category
- Target Retirement Date
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
Share Price Chart
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Performance
FRBVX Performance Chart
Fidelity Freedom Index 2070 Fund Investor Class (FRBVX) is up 10.5% since the beginning of the year. FRBVX is currently trading at $14 per share.
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Returns By Period
Fidelity Freedom Index 2070 Fund Investor Class (FRBVX) has returned 10.45% so far this year and 22.02% over the past 12 months.
Fidelity Freedom Index 2070 Fund Investor Class
- 1D
- 2.02%
- 1M
- -0.44%
- 6M
- 7.32%
- YTD
- 10.45%
- 1Y
- 22.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.46%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FRBVX Monthly Returns History
Based on dividend-adjusted daily data since Jul 10, 2024, FRBVX's average daily return is +0.06%, while the average monthly return is +1.31%. At this rate, an investment would double in approximately 4.4 years.
Historically, 72% of months were positive and 28% were negative. The best month was Apr 2026 with a return of +8.7%, while the worst month was Mar 2026 at -6.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 1 months.
On a daily basis, FRBVX 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 -5.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.92% | 1.81% | -6.11% | 8.73% | 4.47% | 0.00% | -1.16% | 10.45% | |||||
| 2025 | 3.10% | 0.09% | -3.19% | 0.68% | 4.95% | 4.31% | 0.70% | 2.71% | 3.49% | 1.97% | 0.16% | 0.88% | 21.43% |
| 2024 | -0.49% | 2.25% | 2.20% | -2.53% | 3.65% | -2.96% | 1.95% |
Benchmark Metrics
Fidelity Freedom Index 2070 Fund Investor Class has an annualized alpha of 3.58%, beta of 0.83, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since July 10, 2024.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.21%) than losses (67.00%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 3.58% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 3.58%
- Beta
- 0.83
- R²
- 0.91
- Upside Capture
- 88.21%
- Downside Capture
- 67.00%
Expense Ratio
FRBVX has an expense ratio of 0.12%, which is considered low.
Return for Risk
Risk / Return Rank
FRBVX ranks 62 for risk / return — above 62% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Freedom Index 2070 Fund Investor Class (FRBVX) 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.
| FRBVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.00 | +0.25 |
| Martin ratioReturn relative to average drawdown | 9.35 | 8.49 | +0.86 |
Dividends
Dividend History
Fidelity Freedom Index 2070 Fund Investor Class provided a 1.47% dividend yield over the last twelve months, with an annual payout of $0.20 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.14 |
Dividend yield | 1.47% | 1.65% | 1.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Freedom Index 2070 Fund Investor Class. 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 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2024 | $0.14 | $0.14 |
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 2070 Fund Investor Class. 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 2070 Fund Investor Class was 14.69%, occurring on Apr 8, 2025. Recovery took 27 trading sessions.
The current Fidelity Freedom Index 2070 Fund Investor Class drawdown is 1.94%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-14.69%Apr 2025 | 1mo 18d | 1mo 8d | 2mo 26dFeb 2025 - May 2025 | 2025 selloff2025 |
-9.08%Mar 2026 | 1mo 2d | 16d | 1mo 18dFeb 2026 - Apr 2026 | — |
-6.83%Aug 2024 | 19d | 16d | 1mo 5dJul 2024 - Aug 2024 | — |
-4.96%Jan 2025 | 1mo 5d | 24d | 1mo 29dDec 2024 - Feb 2025 | — |
-4.71%Nov 2025 | 22d | 20d | 1mo 12dOct 2025 - Dec 2025 | — |
Drawdown Indicators
| FRBVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.69% | -56.78% | +42.09% |
Max Drawdown (1Y)Largest decline over 1 year | -9.08% | -9.10% | +0.02% |
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 | -1.94% | -1.58% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -1.71% | -10.70% | +8.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 2.14% | +0.04% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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