CFR vs. FFEDX

Last updated Jun 24, 2026

CFR (Cullen/Frost Bankers, Inc.) is a stock, while FFEDX (Fidelity Freedom Index 2025 Fund Institutional Premium Class) is Target Retirement Date fund managed by Fidelity. Over the past 10 years, CFR returned 12.46%/yr vs 8.24%/yr for FFEDX. At a 0.48 correlation, their price movements are largely independent.

Performance

CFR vs. FFEDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cullen/Frost Bankers, Inc. (CFR) and Fidelity Freedom Index 2025 Fund Institutional Premium Class (FFEDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CFR achieves a 20.18% return, which is significantly higher than FFEDX's 6.70% return. Over the past 10 years, CFR has outperformed FFEDX with an annualized return of 12.46%, while FFEDX has yielded a comparatively lower 8.24% annualized return.

CFR

• 1D: 0.39%
• 1M: 8.42%
• YTD: 20.18%
• 6M: 17.69%
• 1Y: 22.20%
• 3Y*: 16.84%
• 5Y*: 8.97%
• 10Y*: 12.46%

FFEDX

• 1D: -0.23%
• 1M: 1.22%
• YTD: 6.70%
• 6M: 6.43%
• 1Y: 16.30%
• 3Y*: 12.19%
• 5Y*: 5.56%
• 10Y*: 8.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CFR vs. FFEDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CFR Cullen/Frost Bankers, Inc.	20.18%	-2.76%	27.86%	-16.06%	8.66%	48.17%	-7.58%	14.60%	-4.84%	9.93%
FFEDX Fidelity Freedom Index 2025 Fund Institutional Premium Class	6.70%	14.93%	8.54%	13.94%	-16.55%	9.63%	13.60%	19.68%	-4.46%	15.20%

Correlation

The correlation between CFR and FFEDX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jun 29, 2015	0.48

Over the past year, the correlation between CFR and FFEDX has dropped to 0.26 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Return for Risk

CFR vs. FFEDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CFR

CFR Risk / Return Rank: 69
CFR Sharpe Ratio Rank: 73
CFR Sortino Ratio Rank: 67
CFR Omega Ratio Rank: 65
CFR Calmar Ratio Rank: 72
CFR Martin Ratio Rank: 70

FFEDX

FFEDX Risk / Return Rank: 66
FFEDX Sharpe Ratio Rank: 66
FFEDX Sortino Ratio Rank: 67
FFEDX Omega Ratio Rank: 68
FFEDX Calmar Ratio Rank: 61
FFEDX Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CFR vs. FFEDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cullen/Frost Bankers, Inc. (CFR) and Fidelity Freedom Index 2025 Fund Institutional Premium Class (FFEDX). 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.

	CFR	FFEDX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	2.19	-1.18
Sortino ratio: Return per unit of downside risk	1.49	3.11	-1.62
Omega ratio: Gain probability vs. loss probability	1.19	1.42	-0.23
Calmar ratio: Return relative to maximum drawdown	1.72	2.86	-1.14
Martin ratio: Return relative to average drawdown	3.39	12.33	-8.93

CFR vs. FFEDX - Sharpe Ratio Comparison

The current CFR Sharpe Ratio is 1.01, which is lower than the FFEDX Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of CFR and FFEDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CFR vs. FFEDX - Drawdown Comparison

The maximum CFR drawdown since its inception was -56.86%, which is greater than FFEDX's maximum drawdown of -22.60%. Use the drawdown chart below to compare losses from any high point for CFR and FFEDX.

Drawdown Indicators

	CFR	FFEDX	Difference
Max Drawdown Largest peak-to-trough decline	-56.86%	-22.60%	-34.26%
Max Drawdown (1Y) Largest decline over 1 year	-12.95%	-5.93%	-7.02%
Max Drawdown (3Y) Largest decline over 3 years	-27.43%	-8.59%	-18.84%
Max Drawdown (5Y) Largest decline over 5 years	-45.62%	-22.60%	-23.02%
Max Drawdown (10Y) Largest decline over 10 years	-56.86%	-22.60%	-34.26%
Current Drawdown Current decline from peak	0.00%	-0.46%	+0.46%
Average Drawdown Average peak-to-trough decline	-11.81%	-3.86%	-7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.56%	1.37%	+5.19%

Volatility

CFR vs. FFEDX - Volatility Comparison

Cullen/Frost Bankers, Inc. (CFR) has a higher volatility of 6.29% compared to Fidelity Freedom Index 2025 Fund Institutional Premium Class (FFEDX) at 3.14%. This indicates that CFR's price experiences larger fluctuations and is considered to be riskier than FFEDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFR	FFEDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	3.14%	+3.15%
Volatility (6M) Calculated over the trailing 6-month period	14.82%	6.49%	+8.33%
Volatility (1Y) Calculated over the trailing 1-year period	22.07%	7.77%	+14.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.15%	9.61%	+20.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.21%	9.92%	+23.29%

Dividends

CFR vs. FFEDX - Dividend Comparison

CFR's dividend yield for the trailing twelve months is around 2.69%, less than FFEDX's 4.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFR Cullen/Frost Bankers, Inc.	2.69%	3.12%	2.79%	3.30%	2.42%	2.33%	3.27%	2.86%	2.93%	2.38%	2.44%	3.50%
FFEDX Fidelity Freedom Index 2025 Fund Institutional Premium Class	4.36%	4.95%	3.40%	2.42%	2.69%	2.21%	2.40%	13.80%	2.37%	1.88%	1.94%	1.89%

Frequently Asked Questions

Can I hold both CFR and FFEDX in my portfolio?

CFR and FFEDX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CFR or FFEDX?

CFR has higher volatility (6.29%) compared to FFEDX (3.14%). In terms of maximum drawdown, CFR dropped -56.86% vs FFEDX's -22.60%.

Which has better risk-adjusted returns?

FFEDX currently has the higher Sharpe Ratio (2.19 vs 1.01), 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.