AAFTX vs. FNSHX
Compare and contrast key facts about American Funds 2035 Target Date Retirement Fund (AAFTX) and Fidelity Freedom Income Fund Class K (FNSHX).
AAFTX is managed by American Funds. It was launched on Jan 31, 2007. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
AAFTX vs. FNSHX - Performance Comparison
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AAFTX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAFTX American Funds 2035 Target Date Retirement Fund | -1.34% | 16.77% | 12.40% | 16.50% | -16.53% | 15.20% | 17.23% | 22.81% | -5.48% | 6.99% |
FNSHX Fidelity Freedom Income Fund Class K | 0.63% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, AAFTX achieves a -1.34% return, which is significantly lower than FNSHX's 0.63% return.
AAFTX
- 1D
- 0.59%
- 1M
- -2.92%
- YTD
- -1.34%
- 6M
- 0.50%
- 1Y
- 14.12%
- 3Y*
- 12.82%
- 5Y*
- 6.76%
- 10Y*
- 9.79%
FNSHX
- 1D
- 0.18%
- 1M
- -1.28%
- YTD
- 0.63%
- 6M
- 1.71%
- 1Y
- 8.32%
- 3Y*
- 6.59%
- 5Y*
- 2.79%
- 10Y*
- —
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AAFTX vs. FNSHX - Expense Ratio Comparison
AAFTX has a 0.33% expense ratio, which is lower than FNSHX's 0.42% expense ratio.
Return for Risk
AAFTX vs. FNSHX — Risk / Return Rank
AAFTX
FNSHX
AAFTX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2035 Target Date Retirement Fund (AAFTX) and Fidelity Freedom Income Fund Class K (FNSHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AAFTX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.74 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.98 | 2.43 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.35 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 2.37 | -0.38 |
Martin ratioReturn relative to average drawdown | 8.41 | 9.65 | -1.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAFTX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.74 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.53 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.76 | -0.26 |
Correlation
The correlation between AAFTX and FNSHX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AAFTX vs. FNSHX - Dividend Comparison
AAFTX's dividend yield for the trailing twelve months is around 6.07%, more than FNSHX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAFTX American Funds 2035 Target Date Retirement Fund | 6.07% | 5.99% | 4.26% | 2.61% | 5.43% | 5.25% | 3.53% | 4.21% | 4.80% | 2.38% | 3.52% | 5.63% |
FNSHX Fidelity Freedom Income Fund Class K | 3.25% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
AAFTX vs. FNSHX - Drawdown Comparison
The maximum AAFTX drawdown since its inception was -49.89%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for AAFTX and FNSHX.
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Drawdown Indicators
| AAFTX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.89% | -15.87% | -34.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.99% | -3.68% | -3.31% |
Max Drawdown (5Y)Largest decline over 5 years | -23.31% | -15.87% | -7.44% |
Max Drawdown (10Y)Largest decline over 10 years | -26.72% | — | — |
Current DrawdownCurrent decline from peak | -4.68% | -2.39% | -2.29% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -3.09% | -3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 0.90% | +0.88% |
Volatility
AAFTX vs. FNSHX - Volatility Comparison
American Funds 2035 Target Date Retirement Fund (AAFTX) has a higher volatility of 3.95% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.36%. This indicates that AAFTX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAFTX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 2.36% | +1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 6.62% | 3.30% | +3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.80% | 4.89% | +5.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.42% | 5.26% | +6.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.71% | 4.81% | +7.90% |