AAOTX vs. FFFCX
AAOTX (American Funds 2065 Target Date Retirement Fund Class A) and FFFCX (Fidelity Freedom 2010 Fund) are both Target Retirement Date funds. Over the past 5 years, AAOTX returned 8.77%/yr vs 3.24%/yr for FFFCX. Their correlation of 0.84 means they have usually moved in the same direction. AAOTX charges 0.73%/yr vs 0.49%/yr for FFFCX.
Performance
AAOTX vs. FFFCX - Performance Comparison
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Returns By Period
In the year-to-date period, AAOTX achieves a 8.28% return, which is significantly higher than FFFCX's 4.24% return.
AAOTX
- 1D
- 1.83%
- 1M
- -1.77%
- 6M
- 5.39%
- YTD
- 8.28%
- 1Y
- 18.41%
- 3Y*
- 16.20%
- 5Y*
- 8.77%
- 10Y*
- —
- ALL TIME*
- 15.52%
FFFCX
- 1D
- 0.79%
- 1M
- -0.72%
- 6M
- 2.71%
- YTD
- 4.24%
- 1Y
- 8.85%
- 3Y*
- 8.02%
- 5Y*
- 3.24%
- 10Y*
- 5.49%
- ALL TIME*
- 6.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AAOTX vs. FFFCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | 8.28% | 20.36% | 15.20% | 21.16% | -19.94% | 16.85% | 46.68% |
FFFCX Fidelity Freedom 2010 Fund | 4.24% | 11.39% | 5.26% | 9.82% | -13.21% | 5.64% | 20.93% |
Correlation
The correlation between AAOTX and FFFCX is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2020 | 0.84 |
The correlation between AAOTX and FFFCX has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.
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Return for Risk
AAOTX vs. FFFCX — Risk / Return Rank
AAOTX
FFFCX
AAOTX vs. FFFCX - 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 2010 Fund (FFFCX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAOTX | FFFCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.31 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 2.26 | -0.56 |
| Martin ratioReturn relative to average drawdown | 7.27 | 9.16 | -1.89 |
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Drawdowns
AAOTX vs. FFFCX - Drawdown Comparison
The maximum AAOTX drawdown since its inception was -27.57%, smaller than the maximum FFFCX drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for AAOTX and FFFCX.
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Drawdown Indicators
| AAOTX | FFFCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.57% | -36.88% | +9.31% |
Max Drawdown (1Y)Largest decline over 1 year | -9.82% | -4.00% | -5.82% |
Max Drawdown (3Y)Largest decline over 3 years | -15.53% | -4.77% | -10.76% |
Max Drawdown (5Y)Largest decline over 5 years | -27.57% | -18.35% | -9.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.35% | — |
Current DrawdownCurrent decline from peak | -2.69% | -1.23% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -5.90% | -4.55% | -1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 0.98% | +1.31% |
Volatility
AAOTX vs. FFFCX - Volatility Comparison
American Funds 2065 Target Date Retirement Fund Class A (AAOTX) has a higher volatility of 3.86% compared to Fidelity Freedom 2010 Fund (FFFCX) at 1.76%. This indicates that AAOTX's price experiences larger fluctuations and is considered to be riskier than FFFCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAOTX | FFFCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 1.76% | +2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 11.05% | 4.92% | +6.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.33% | 5.60% | +7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 6.49% | +8.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 6.27% | +8.83% |
AAOTX vs. FFFCX - Expense Ratio Comparison
AAOTX has a 0.73% expense ratio, which is higher than FFFCX's 0.49% expense ratio.
Dividends
AAOTX vs. FFFCX - Dividend Comparison
AAOTX's dividend yield for the trailing twelve months is around 4.07%, less than FFFCX's 4.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | 4.07% | 4.41% | 2.52% | 1.71% | 3.67% | 1.34% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFFCX Fidelity Freedom 2010 Fund | 4.70% | 4.97% | 2.99% | 2.72% | 7.23% | 9.33% | 6.01% | 5.78% | 6.98% | 4.82% | 3.22% | 3.68% |
Frequently Asked Questions
AAOTX and FFFCX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAOTX has higher volatility (3.86%) compared to FFFCX (1.76%). In terms of maximum drawdown, AAOTX dropped -27.57% vs FFFCX's -36.88%.
FFFCX currently has the higher Sharpe Ratio (1.62 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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