AAFTX vs. FSNZX
Compare and contrast key facts about American Funds 2035 Target Date Retirement Fund (AAFTX) and Fidelity Freedom 2045 Fund Class K (FSNZX).
AAFTX is managed by American Funds. It was launched on Jan 31, 2007. FSNZX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAFTX or FSNZX.
Performance
AAFTX vs. FSNZX - Performance Comparison
Returns By Period
In the year-to-date period, AAFTX achieves a 12.82% return, which is significantly lower than FSNZX's 15.59% return.
AAFTX
12.82%
-0.85%
5.94%
19.18%
8.98%
8.42%
FSNZX
15.59%
-1.13%
5.77%
22.71%
5.05%
N/A
Key characteristics
| AAFTX | FSNZX | |
|---|---|---|
| Sharpe Ratio | 2.27 | 1.97 |
| Sortino Ratio | 3.20 | 2.75 |
| Omega Ratio | 1.42 | 1.35 |
| Calmar Ratio | 2.31 | 1.06 |
| Martin Ratio | 15.05 | 12.39 |
| Ulcer Index | 1.26% | 1.81% |
| Daily Std Dev | 8.36% | 11.36% |
| Max Drawdown | -48.60% | -35.63% |
| Current Drawdown | -1.69% | -3.28% |
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AAFTX vs. FSNZX - Expense Ratio Comparison
AAFTX has a 0.33% expense ratio, which is lower than FSNZX's 0.65% expense ratio.
Correlation
The correlation between AAFTX and FSNZX is 0.96, 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.
Risk-Adjusted Performance
AAFTX vs. FSNZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2035 Target Date Retirement Fund (AAFTX) and Fidelity Freedom 2045 Fund Class K (FSNZX). 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.
Dividends
AAFTX vs. FSNZX - Dividend Comparison
AAFTX's dividend yield for the trailing twelve months is around 1.53%, more than FSNZX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAFTX American Funds 2035 Target Date Retirement Fund | 1.53% | 1.72% | 1.44% | 0.87% | 0.98% | 1.11% | 1.20% | 0.93% | 1.04% | 0.74% | 4.70% | 3.29% |
FSNZX Fidelity Freedom 2045 Fund Class K | 1.22% | 1.41% | 2.17% | 2.32% | 1.10% | 1.55% | 1.76% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AAFTX vs. FSNZX - Drawdown Comparison
The maximum AAFTX drawdown since its inception was -48.60%, which is greater than FSNZX's maximum drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for AAFTX and FSNZX. For additional features, visit the drawdowns tool.
Volatility
AAFTX vs. FSNZX - Volatility Comparison
The current volatility for American Funds 2035 Target Date Retirement Fund (AAFTX) is 2.34%, while Fidelity Freedom 2045 Fund Class K (FSNZX) has a volatility of 3.18%. This indicates that AAFTX experiences smaller price fluctuations and is considered to be less risky than FSNZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.