DRIGX vs. FNSHX
Compare and contrast key facts about Dimensional 2035 Target Date Retirement Income Fund (DRIGX) and Fidelity Freedom Income Fund Class K (FNSHX).
DRIGX is managed by Dimensional. It was launched on Nov 1, 2015. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
DRIGX vs. FNSHX - Performance Comparison
Loading graphics...
DRIGX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRIGX Dimensional 2035 Target Date Retirement Income Fund | -1.08% | 11.65% | 7.31% | 12.95% | -20.97% | 15.21% | 16.43% | 21.77% | -7.36% | 6.33% |
FNSHX Fidelity Freedom Income Fund Class K | 0.45% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, DRIGX achieves a -1.08% return, which is significantly lower than FNSHX's 0.45% return.
DRIGX
- 1D
- 1.32%
- 1M
- -4.42%
- YTD
- -1.08%
- 6M
- -0.16%
- 1Y
- 9.23%
- 3Y*
- 8.01%
- 5Y*
- 3.49%
- 10Y*
- 7.13%
FNSHX
- 1D
- 0.98%
- 1M
- -2.22%
- YTD
- 0.45%
- 6M
- 1.62%
- 1Y
- 8.22%
- 3Y*
- 6.53%
- 5Y*
- 2.75%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DRIGX vs. FNSHX - Expense Ratio Comparison
DRIGX has a 0.21% expense ratio, which is lower than FNSHX's 0.42% expense ratio.
Return for Risk
DRIGX vs. FNSHX — Risk / Return Rank
DRIGX
FNSHX
DRIGX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2035 Target Date Retirement Income Fund (DRIGX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.
| DRIGX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 1.76 | -0.86 |
Sortino ratioReturn per unit of downside risk | 1.30 | 2.46 | -1.16 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.35 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | 2.34 | -1.17 |
Martin ratioReturn relative to average drawdown | 4.64 | 9.69 | -5.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DRIGX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 1.76 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.53 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.75 | -0.10 |
Correlation
The correlation between DRIGX and FNSHX is 0.83, 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
DRIGX vs. FNSHX - Dividend Comparison
DRIGX's dividend yield for the trailing twelve months is around 6.98%, more than FNSHX's 3.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DRIGX Dimensional 2035 Target Date Retirement Income Fund | 6.98% | 6.76% | 4.33% | 3.96% | 5.94% | 3.45% | 3.32% | 2.31% | 2.46% | 1.23% | 1.38% |
FNSHX Fidelity Freedom Income Fund Class K | 3.26% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% |
Drawdowns
DRIGX vs. FNSHX - Drawdown Comparison
The maximum DRIGX drawdown since its inception was -26.73%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for DRIGX and FNSHX.
Loading graphics...
Drawdown Indicators
| DRIGX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.73% | -15.87% | -10.86% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -3.68% | -4.27% |
Max Drawdown (5Y)Largest decline over 5 years | -26.73% | -15.87% | -10.86% |
Max Drawdown (10Y)Largest decline over 10 years | -26.73% | — | — |
Current DrawdownCurrent decline from peak | -4.95% | -2.56% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -3.09% | -2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 0.89% | +1.11% |
Volatility
DRIGX vs. FNSHX - Volatility Comparison
Dimensional 2035 Target Date Retirement Income Fund (DRIGX) has a higher volatility of 3.85% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.45%. This indicates that DRIGX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DRIGX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 2.45% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 5.86% | 3.30% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.78% | 4.89% | +5.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.28% | 5.27% | +6.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.10% | 4.81% | +6.29% |