AAOTX vs. FFFAX
Compare and contrast key facts about American Funds 2065 Target Date Retirement Fund Class A (AAOTX) and Fidelity Freedom Income Fund (FFFAX).
AAOTX is managed by American Funds. FFFAX is managed by Fidelity. It was launched on Oct 17, 1996.
Performance
AAOTX vs. FFFAX - Performance Comparison
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AAOTX vs. FFFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | -3.44% | 20.36% | 15.20% | 21.16% | -19.94% | 16.85% | 46.68% |
FFFAX Fidelity Freedom Income Fund | 0.45% | 10.42% | 4.34% | 8.18% | -11.33% | 3.12% | 14.43% |
Returns By Period
In the year-to-date period, AAOTX achieves a -3.44% return, which is significantly lower than FFFAX's 0.45% return.
AAOTX
- 1D
- 2.76%
- 1M
- -6.48%
- YTD
- -3.44%
- 6M
- -0.89%
- 1Y
- 18.05%
- 3Y*
- 15.12%
- 5Y*
- 7.56%
- 10Y*
- —
FFFAX
- 1D
- 0.98%
- 1M
- -2.22%
- YTD
- 0.45%
- 6M
- 1.62%
- 1Y
- 8.19%
- 3Y*
- 6.51%
- 5Y*
- 2.71%
- 10Y*
- 4.24%
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AAOTX vs. FFFAX - Expense Ratio Comparison
AAOTX has a 0.73% expense ratio, which is higher than FFFAX's 0.47% expense ratio.
Return for Risk
AAOTX vs. FFFAX — Risk / Return Rank
AAOTX
FFFAX
AAOTX vs. FFFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2065 Target Date Retirement Fund Class A (AAOTX) and Fidelity Freedom Income Fund (FFFAX). 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.
| AAOTX | FFFAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 1.75 | -0.53 |
Sortino ratioReturn per unit of downside risk | 1.82 | 2.45 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.31 | -0.50 |
Martin ratioReturn relative to average drawdown | 7.73 | 9.52 | -1.80 |
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
| AAOTX | FFFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 1.75 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.52 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 1.03 | -0.08 |
Correlation
The correlation between AAOTX and FFFAX is 0.71, 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
AAOTX vs. FFFAX - Dividend Comparison
AAOTX's dividend yield for the trailing twelve months is around 4.56%, more than FFFAX's 3.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | 4.56% | 4.41% | 2.52% | 1.71% | 3.67% | 1.34% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFFAX Fidelity Freedom Income Fund | 3.24% | 3.29% | 3.13% | 2.92% | 5.89% | 6.12% | 4.37% | 3.65% | 5.17% | 3.74% | 3.21% | 3.28% |
Drawdowns
AAOTX vs. FFFAX - Drawdown Comparison
The maximum AAOTX drawdown since its inception was -27.57%, which is greater than FFFAX's maximum drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for AAOTX and FFFAX.
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Drawdown Indicators
| AAOTX | FFFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.57% | -17.96% | -9.61% |
Max Drawdown (1Y)Largest decline over 1 year | -10.23% | -3.68% | -6.55% |
Max Drawdown (5Y)Largest decline over 5 years | -27.57% | -15.87% | -11.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.87% | — |
Current DrawdownCurrent decline from peak | -7.33% | -2.56% | -4.77% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -1.80% | -4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 0.89% | +1.50% |
Volatility
AAOTX vs. FFFAX - Volatility Comparison
American Funds 2065 Target Date Retirement Fund Class A (AAOTX) has a higher volatility of 5.61% compared to Fidelity Freedom Income Fund (FFFAX) at 2.44%. This indicates that AAOTX's price experiences larger fluctuations and is considered to be riskier than FFFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAOTX | FFFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.61% | 2.44% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 9.43% | 3.29% | +6.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.33% | 4.88% | +10.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.62% | 5.30% | +9.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 4.58% | +10.52% |