Fidelity Advisor Freedom Income Fund Class M (FTAFX) 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 FTAFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTAFX
FTAFX charges 0.97% annually. There are 586 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | FTAFX vs LTFIX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | FTAFX vs LTSTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FTAFX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FTAFX vs PPLIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | FTAFX vs PLWIX |
Best Risk-Adjusted Alternatives to FTAFX
FTAFX has a PortfoliosLab risk / return rank of 47. There are 596 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 | FTAFX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FTAFX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | FTAFX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | FTAFX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | FTAFX vs URTRX |
Top Performing FTAFX Alternatives (YTD)
FTAFX is at 3.18% YTD. There are 639 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 | FTAFX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | FTAFX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | FTAFX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | FTAFX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | FTAFX vs FQLSX |
Lowest Volatility Alternatives to FTAFX
FTAFX has 5.15% 1-year volatility. There are 16 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 | FTAFX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | FTAFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | FTAFX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | FTAFX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | FTAFX vs DRIQX |
Lowest Drawdown Alternatives to FTAFX
FTAFX has a 1-year max drawdown of -3.76%. There are 23 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 | FTAFX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FTAFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FTAFX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FTAFX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FTAFX 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 | FTAFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FTAFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FTAFX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FTAFX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FTAFX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FTAFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FTAFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FTAFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FTAFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FTAFX vs FTIHX |
Often Compared With FTAFX
Investors most often compare FTAFX with FBNDX, FRHMX, FFFAX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FTAFX with Any Fund or Stock
Compare FTAFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTAFX with funds that move differently
Fidelity Advisor Freedom Income Fund Class M alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTAFX.
Explore FTAFX Diversifiers