FACFX vs. FFBQX

Last updated Aug 1, 2026

FACFX (Fidelity Advisor Freedom 2010 Fund Class A) and FFBQX (Fidelity Freedom Blend 2065 Fund Class K6) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FACFX returned 2.82%/yr vs 10.32%/yr for FFBQX. Their correlation of 0.86 means they have usually moved in the same direction. FACFX charges 0.74%/yr vs 0.29%/yr for FFBQX.

Performance

FACFX vs. FFBQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2010 Fund Class A (FACFX) and Fidelity Freedom Blend 2065 Fund Class K6 (FFBQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FACFX achieves a 3.71% return, which is significantly lower than FFBQX's 12.17% return.

FACFX

• 1D: 0.79%
• 1M: -0.69%
• 6M: 2.25%
• YTD: 3.71%
• 1Y: 7.92%
• 3Y*: 7.55%
• 5Y*: 2.82%
• 10Y*: 5.15%
• ALL TIME*: 4.48%

FFBQX

• 1D: 2.34%
• 1M: -1.02%
• 6M: 8.20%
• YTD: 12.17%
• 1Y: 24.58%
• 3Y*: 18.56%
• 5Y*: 10.32%
• 10Y*: —
• ALL TIME*: 12.93%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FACFX Fidelity Advisor Freedom 2010 Fund Class A	$0.00	$0.00	$0.00
FFBQX Fidelity Freedom Blend 2065 Fund Class K6	$0.00	$0.00	$0.00

FACFX vs. FFBQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FACFX Fidelity Advisor Freedom 2010 Fund Class A	3.71%	10.98%	4.95%	9.21%	-13.39%	5.17%	10.64%	4.73%
FFBQX Fidelity Freedom Blend 2065 Fund Class K6	12.17%	22.90%	16.84%	20.67%	-18.86%	16.47%	18.10%	9.13%

Correlation

The correlation between FACFX and FFBQX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Jun 28, 2019	0.86

The correlation between FACFX and FFBQX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

FACFX vs. FFBQX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FACFX

FACFX Risk / Return Rank: 54
FACFX Sharpe Ratio Rank: 53
FACFX Sortino Ratio Rank: 53
FACFX Omega Ratio Rank: 58
FACFX Calmar Ratio Rank: 50
FACFX Martin Ratio Rank: 57

FFBQX

FFBQX Risk / Return Rank: 67
FFBQX Sharpe Ratio Rank: 64
FFBQX Sortino Ratio Rank: 62
FFBQX Omega Ratio Rank: 63
FFBQX Calmar Ratio Rank: 70
FFBQX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FACFX vs. FFBQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2010 Fund Class A (FACFX) and Fidelity Freedom Blend 2065 Fund Class K6 (FFBQX). 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.

	FACFX	FFBQX	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.60	-0.15
Sortino ratio: Return per unit of downside risk	2.08	2.25	-0.17
Omega ratio: Gain probability vs. loss probability	1.28	1.29	-0.01
Calmar ratio: Return relative to maximum drawdown	1.94	2.36	-0.42
Martin ratio: Return relative to average drawdown	7.82	9.87	-2.05

FACFX vs. FFBQX - Sharpe Ratio Comparison

The current FACFX Sharpe Ratio is 1.45, which is comparable to the FFBQX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of FACFX and FFBQX, 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

FACFX vs. FFBQX - Drawdown Comparison

The maximum FACFX drawdown since its inception was -38.27%, which is greater than FFBQX's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for FACFX and FFBQX.

Drawdown Indicators

	FACFX	FFBQX	Difference
Max Drawdown Largest peak-to-trough decline	-38.27%	-31.34%	-6.93%
Max Drawdown (1Y) Largest decline over 1 year	-4.15%	-9.67%	+5.52%
Max Drawdown (3Y) Largest decline over 3 years	-4.79%	-15.51%	+10.72%
Max Drawdown (5Y) Largest decline over 5 years	-18.61%	-27.60%	+8.99%
Max Drawdown (10Y) Largest decline over 10 years	-18.61%	—	—
Current Drawdown Current decline from peak	-1.29%	-2.24%	+0.95%
Average Drawdown Average peak-to-trough decline	-4.05%	-5.87%	+1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	2.31%	-1.28%

Volatility

FACFX vs. FFBQX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2010 Fund Class A (FACFX) is 1.84%, while Fidelity Freedom Blend 2065 Fund Class K6 (FFBQX) has a volatility of 4.40%. This indicates that FACFX experiences smaller price fluctuations and is considered to be less risky than FFBQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FACFX	FFBQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.84%	4.40%	-2.56%
Volatility (6M) Calculated over the trailing 6-month period	4.91%	12.29%	-7.38%
Volatility (1Y) Calculated over the trailing 1-year period	5.57%	14.31%	-8.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.48%	15.36%	-8.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.31%	17.27%	-10.96%

FACFX vs. FFBQX - Expense Ratio Comparison

FACFX has a 0.74% expense ratio, which is higher than FFBQX's 0.29% expense ratio.

Dividends

FACFX vs. FFBQX - Dividend Comparison

FACFX's dividend yield for the trailing twelve months is around 4.90%, more than FFBQX's 3.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FACFX Fidelity Advisor Freedom 2010 Fund Class A	4.90%	4.94%	2.77%	2.48%	7.06%	8.79%	5.79%	5.73%	8.86%	6.38%	4.63%	3.96%
FFBQX Fidelity Freedom Blend 2065 Fund Class K6	3.38%	2.58%	5.66%	2.07%	5.40%	6.98%	3.62%	2.96%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FACFX and FFBQX in my portfolio?

With a correlation of 0.91, FACFX and FFBQX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FACFX or FFBQX?

FFBQX has higher volatility (4.40%) compared to FACFX (1.84%). In terms of maximum drawdown, FACFX dropped -38.27% vs FFBQX's -31.34%.

Which has better risk-adjusted returns?

FFBQX currently has the higher Sharpe Ratio (1.60 vs 1.45), 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.