DRIWX vs. FNSHX
Compare and contrast key facts about Dimensional 2030 Target Date Retirement Income Fund (DRIWX) and Fidelity Freedom Income Fund Class K (FNSHX).
DRIWX is managed by Dimensional. It was launched on Nov 1, 2015. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
DRIWX vs. FNSHX - Performance Comparison
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DRIWX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRIWX Dimensional 2030 Target Date Retirement Income Fund | -1.66% | 9.89% | 5.12% | 10.05% | -22.34% | 13.46% | 18.33% | 21.04% | -7.35% | 6.60% |
FNSHX Fidelity Freedom Income Fund Class K | -0.53% | 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, DRIWX achieves a -1.66% return, which is significantly lower than FNSHX's -0.53% return.
DRIWX
- 1D
- 0.67%
- 1M
- -5.04%
- YTD
- -1.66%
- 6M
- -1.03%
- 1Y
- 6.17%
- 3Y*
- 5.63%
- 5Y*
- 2.02%
- 10Y*
- 5.87%
FNSHX
- 1D
- 0.18%
- 1M
- -3.51%
- YTD
- -0.53%
- 6M
- 0.90%
- 1Y
- 7.47%
- 3Y*
- 6.18%
- 5Y*
- 2.64%
- 10Y*
- —
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DRIWX vs. FNSHX - Expense Ratio Comparison
DRIWX has a 0.20% expense ratio, which is lower than FNSHX's 0.42% expense ratio.
Return for Risk
DRIWX vs. FNSHX — Risk / Return Rank
DRIWX
FNSHX
DRIWX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2030 Target Date Retirement Income Fund (DRIWX) 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.
| DRIWX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 1.57 | -0.82 |
Sortino ratioReturn per unit of downside risk | 1.08 | 2.17 | -1.08 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.31 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 2.03 | -1.06 |
Martin ratioReturn relative to average drawdown | 3.51 | 8.53 | -5.02 |
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
| DRIWX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 1.57 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.51 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.73 | -0.12 |
Correlation
The correlation between DRIWX and FNSHX is 0.85, 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
DRIWX vs. FNSHX - Dividend Comparison
DRIWX's dividend yield for the trailing twelve months is around 7.09%, more than FNSHX's 3.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DRIWX Dimensional 2030 Target Date Retirement Income Fund | 7.09% | 6.89% | 6.04% | 4.10% | 6.63% | 5.81% | 3.93% | 2.39% | 2.45% | 1.33% | 1.40% |
FNSHX Fidelity Freedom Income Fund Class K | 3.29% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% |
Drawdowns
DRIWX vs. FNSHX - Drawdown Comparison
The maximum DRIWX drawdown since its inception was -27.45%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for DRIWX and FNSHX.
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Drawdown Indicators
| DRIWX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.45% | -15.87% | -11.58% |
Max Drawdown (1Y)Largest decline over 1 year | -6.48% | -3.68% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -27.45% | -15.87% | -11.58% |
Max Drawdown (10Y)Largest decline over 10 years | -27.45% | — | — |
Current DrawdownCurrent decline from peak | -5.11% | -3.51% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -6.44% | -3.09% | -3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 0.88% | +0.90% |
Volatility
DRIWX vs. FNSHX - Volatility Comparison
Dimensional 2030 Target Date Retirement Income Fund (DRIWX) has a higher volatility of 3.10% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.17%. This indicates that DRIWX'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.
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Volatility by Period
| DRIWX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 2.17% | +0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 4.85% | 3.16% | +1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.11% | 4.80% | +4.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.65% | 5.25% | +5.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.09% | 4.80% | +5.29% |