AAMTX vs. FDEWX
Compare and contrast key facts about American Funds 2055 Target Date Retirement Fund (AAMTX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
AAMTX is managed by American Funds. It was launched on Jan 31, 2010. FDEWX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAMTX or FDEWX.
Correlation
The correlation between AAMTX and FDEWX is 0.95, 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.
Performance
AAMTX vs. FDEWX - Performance Comparison
Key characteristics
AAMTX:
0.41
FDEWX:
0.62
AAMTX:
0.69
FDEWX:
0.97
AAMTX:
1.10
FDEWX:
1.14
AAMTX:
0.42
FDEWX:
0.66
AAMTX:
1.64
FDEWX:
2.90
AAMTX:
4.11%
FDEWX:
3.33%
AAMTX:
16.05%
FDEWX:
15.60%
AAMTX:
-29.80%
FDEWX:
-34.73%
AAMTX:
-4.84%
FDEWX:
-3.37%
Returns By Period
In the year-to-date period, AAMTX achieves a 0.88% return, which is significantly lower than FDEWX's 1.82% return. Over the past 10 years, AAMTX has underperformed FDEWX with an annualized return of 5.73%, while FDEWX has yielded a comparatively higher 7.27% annualized return.
AAMTX
0.88%
13.25%
-3.64%
6.57%
8.01%
5.73%
FDEWX
1.82%
13.33%
-1.00%
9.67%
11.38%
7.27%
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AAMTX vs. FDEWX - Expense Ratio Comparison
AAMTX has a 0.33% expense ratio, which is higher than FDEWX's 0.12% expense ratio.
Risk-Adjusted Performance
AAMTX vs. FDEWX — Risk-Adjusted Performance Rank
AAMTX
FDEWX
AAMTX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2055 Target Date Retirement Fund (AAMTX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). 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
AAMTX vs. FDEWX - Dividend Comparison
AAMTX's dividend yield for the trailing twelve months is around 3.19%, more than FDEWX's 1.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAMTX American Funds 2055 Target Date Retirement Fund | 3.19% | 3.22% | 2.22% | 6.92% | 4.15% | 2.98% | 3.92% | 4.46% | 2.18% | 3.19% | 4.06% | 4.11% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.94% | 1.97% | 1.92% | 1.94% | 1.51% | 1.35% | 1.69% | 2.15% | 1.69% | 2.26% | 2.29% | 1.89% |
Drawdowns
AAMTX vs. FDEWX - Drawdown Comparison
The maximum AAMTX drawdown since its inception was -29.80%, smaller than the maximum FDEWX drawdown of -34.73%. Use the drawdown chart below to compare losses from any high point for AAMTX and FDEWX. For additional features, visit the drawdowns tool.
Volatility
AAMTX vs. FDEWX - Volatility Comparison
American Funds 2055 Target Date Retirement Fund (AAMTX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) have volatilities of 8.24% and 8.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.