AREVX vs. FDEWX
Compare and contrast key facts about American Century Investments One Choice 2055 Portfolio (AREVX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
AREVX is managed by American Century Investments. It was launched on Mar 30, 2011. 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: AREVX or FDEWX.
Key characteristics
| AREVX | FDEWX | |
|---|---|---|
| YTD Return | 5.81% | 6.71% |
| 1Y Return | 15.68% | 19.30% |
| 3Y Return (Ann) | 2.38% | 4.08% |
| 5Y Return (Ann) | 8.49% | 9.74% |
| 10Y Return (Ann) | 7.91% | 8.43% |
| Sharpe Ratio | 1.59 | 1.79 |
| Daily Std Dev | 9.72% | 10.62% |
| Max Drawdown | -30.16% | -30.69% |
| Current Drawdown | -0.86% | -0.15% |
Correlation
The correlation between AREVX and FDEWX is 0.98, 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
AREVX vs. FDEWX - Performance Comparison
In the year-to-date period, AREVX achieves a 5.81% return, which is significantly lower than FDEWX's 6.71% return. Over the past 10 years, AREVX has underperformed FDEWX with an annualized return of 7.91%, while FDEWX has yielded a comparatively higher 8.43% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AREVX vs. FDEWX - Expense Ratio Comparison
AREVX has a 0.88% expense ratio, which is higher than FDEWX's 0.12% expense ratio.
Risk-Adjusted Performance
AREVX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Investments One Choice 2055 Portfolio (AREVX) 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
AREVX vs. FDEWX - Dividend Comparison
AREVX's dividend yield for the trailing twelve months is around 1.46%, less than FDEWX's 1.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AREVX American Century Investments One Choice 2055 Portfolio | 1.46% | 1.55% | 6.15% | 7.51% | 5.18% | 7.65% | 9.58% | 2.68% | 3.28% | 5.18% | 3.65% | 2.61% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.79% | 1.92% | 2.24% | 1.89% | 1.85% | 10.83% | 2.39% | 1.93% | 2.42% | 2.31% | 1.89% | 1.46% |
Drawdowns
AREVX vs. FDEWX - Drawdown Comparison
The maximum AREVX drawdown since its inception was -30.16%, roughly equal to the maximum FDEWX drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for AREVX and FDEWX. For additional features, visit the drawdowns tool.
Volatility
AREVX vs. FDEWX - Volatility Comparison
The current volatility for American Century Investments One Choice 2055 Portfolio (AREVX) is 2.85%, while Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) has a volatility of 3.15%. This indicates that AREVX experiences smaller price fluctuations and is considered to be less risky than FDEWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.