DRILX vs. FFGZX
Compare and contrast key facts about Dimensional 2060 Target Date Retirement Income Fund (DRILX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX).
DRILX is managed by Dimensional. It was launched on Nov 1, 2015. FFGZX is managed by Fidelity. It was launched on Oct 2, 2009.
Performance
DRILX vs. FFGZX - Performance Comparison
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DRILX vs. FFGZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRILX Dimensional 2060 Target Date Retirement Income Fund | -3.79% | 19.66% | 17.10% | 21.37% | -15.28% | 21.08% | 14.10% | 25.61% | -9.07% | 21.51% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | -0.78% | 9.13% | 5.02% | 8.32% | -11.07% | 2.85% | 8.59% | 10.68% | -0.80% | 6.73% |
Returns By Period
In the year-to-date period, DRILX achieves a -3.79% return, which is significantly lower than FFGZX's -0.78% return. Over the past 10 years, DRILX has outperformed FFGZX with an annualized return of 11.20%, while FFGZX has yielded a comparatively lower 3.87% annualized return.
DRILX
- 1D
- -0.34%
- 1M
- -8.01%
- YTD
- -3.79%
- 6M
- -0.76%
- 1Y
- 16.93%
- 3Y*
- 15.41%
- 5Y*
- 9.55%
- 10Y*
- 11.20%
FFGZX
- 1D
- 0.25%
- 1M
- -3.09%
- YTD
- -0.78%
- 6M
- 0.46%
- 1Y
- 6.37%
- 3Y*
- 5.94%
- 5Y*
- 2.62%
- 10Y*
- 3.87%
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DRILX vs. FFGZX - Expense Ratio Comparison
DRILX has a 0.22% expense ratio, which is higher than FFGZX's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
DRILX vs. FFGZX — Risk / Return Rank
DRILX
FFGZX
DRILX vs. FFGZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2060 Target Date Retirement Income Fund (DRILX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX). 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.
| DRILX | FFGZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 1.51 | -0.32 |
Sortino ratioReturn per unit of downside risk | 1.76 | 2.12 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.30 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.99 | -1.12 |
Martin ratioReturn relative to average drawdown | 4.07 | 8.42 | -4.35 |
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
| DRILX | FFGZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 1.51 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.52 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.88 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.84 | -0.12 |
Correlation
The correlation between DRILX and FFGZX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DRILX vs. FFGZX - Dividend Comparison
DRILX's dividend yield for the trailing twelve months is around 1.56%, less than FFGZX's 3.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRILX Dimensional 2060 Target Date Retirement Income Fund | 1.56% | 1.47% | 2.40% | 3.26% | 3.97% | 2.25% | 2.11% | 2.12% | 2.25% | 0.91% | 1.96% | 0.00% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 3.46% | 3.30% | 3.18% | 2.88% | 3.11% | 2.10% | 2.22% | 7.35% | 3.00% | 1.95% | 1.56% | 1.06% |
Drawdowns
DRILX vs. FFGZX - Drawdown Comparison
The maximum DRILX drawdown since its inception was -33.48%, which is greater than FFGZX's maximum drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for DRILX and FFGZX.
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Drawdown Indicators
| DRILX | FFGZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.48% | -14.94% | -18.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.21% | -3.33% | -7.88% |
Max Drawdown (5Y)Largest decline over 5 years | -23.50% | -14.94% | -8.56% |
Max Drawdown (10Y)Largest decline over 10 years | -33.48% | -14.94% | -18.54% |
Current DrawdownCurrent decline from peak | -8.58% | -3.09% | -5.49% |
Average DrawdownAverage peak-to-trough decline | -4.29% | -2.29% | -2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 0.79% | +2.24% |
Volatility
DRILX vs. FFGZX - Volatility Comparison
Dimensional 2060 Target Date Retirement Income Fund (DRILX) has a higher volatility of 4.39% compared to Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) at 1.85%. This indicates that DRILX's price experiences larger fluctuations and is considered to be riskier than FFGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRILX | FFGZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 1.85% | +2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 8.20% | 2.78% | +5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.88% | 4.35% | +11.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.77% | 5.03% | +9.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 4.39% | +11.32% |