FACFX vs. VFINX

Last updated Aug 1, 2026

FACFX (Fidelity Advisor Freedom 2010 Fund Class A) and VFINX (Vanguard 500 Index Fund Investor Shares) are both mutual funds - FACFX is a Target Retirement Date fund managed by Fidelity, while VFINX is a Large Cap Blend Equities fund tracking the S&P 500 Index. Over the past 10 years, FACFX returned 5.15%/yr vs 14.85%/yr for VFINX. Their correlation of 0.86 means they have usually moved in the same direction. FACFX charges 0.74%/yr vs 0.14%/yr for VFINX.

Performance

FACFX vs. VFINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2010 Fund Class A (FACFX) and Vanguard 500 Index Fund Investor Shares (VFINX). 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 VFINX's 9.27% return. Over the past 10 years, FACFX has underperformed VFINX with an annualized return of 5.15%, while VFINX has yielded a comparatively higher 14.85% annualized 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%

VFINX

• 1D: 1.66%
• 1M: -0.57%
• 6M: 7.72%
• YTD: 9.27%
• 1Y: 20.48%
• 3Y*: 18.88%
• 5Y*: 12.53%
• 10Y*: 14.85%
• ALL TIME*: 10.68%

*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
VFINX Vanguard 500 Index Fund Investor Shares	$0.00	$0.00	$0.00

FACFX vs. VFINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FACFX Fidelity Advisor Freedom 2010 Fund Class A	3.71%	10.98%	4.95%	9.21%	-13.39%	5.17%	10.64%	14.49%	-3.60%	11.87%
VFINX Vanguard 500 Index Fund Investor Shares	9.27%	17.71%	24.84%	26.12%	-18.24%	28.53%	18.20%	31.33%	-4.55%	21.66%

Correlation

The correlation between FACFX and VFINX is 0.81, 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.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.78
Correlation (All Time) Calculated using the full available price history since Jan 8, 2003	0.86

The correlation between FACFX and VFINX shifts across timeframes, from 0.72 (3 years) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FACFX vs. VFINX — 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

VFINX

VFINX Risk / Return Rank: 62
VFINX Sharpe Ratio Rank: 59
VFINX Sortino Ratio Rank: 56
VFINX Omega Ratio Rank: 57
VFINX Calmar Ratio Rank: 63
VFINX Martin Ratio Rank: 75

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. VFINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2010 Fund Class A (FACFX) and Vanguard 500 Index Fund Investor Shares (VFINX). 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	VFINX	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.42	+0.03
Sortino ratio: Return per unit of downside risk	2.08	1.98	+0.10
Omega ratio: Gain probability vs. loss probability	1.28	1.25	+0.02
Calmar ratio: Return relative to maximum drawdown	1.94	2.04	-0.10
Martin ratio: Return relative to average drawdown	7.82	8.76	-0.94

FACFX vs. VFINX - Sharpe Ratio Comparison

The current FACFX Sharpe Ratio is 1.45, which is comparable to the VFINX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of FACFX and VFINX, 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. VFINX - Drawdown Comparison

The maximum FACFX drawdown since its inception was -38.27%, smaller than the maximum VFINX drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FACFX and VFINX.

Drawdown Indicators

	FACFX	VFINX	Difference
Max Drawdown Largest peak-to-trough decline	-38.27%	-55.25%	+16.98%
Max Drawdown (1Y) Largest decline over 1 year	-4.15%	-8.92%	+4.77%
Max Drawdown (3Y) Largest decline over 3 years	-4.79%	-18.76%	+13.97%
Max Drawdown (5Y) Largest decline over 5 years	-18.61%	-24.59%	+5.98%
Max Drawdown (10Y) Largest decline over 10 years	-18.61%	-33.83%	+15.22%
Current Drawdown Current decline from peak	-1.29%	-2.13%	+0.84%
Average Drawdown Average peak-to-trough decline	-4.05%	-8.26%	+4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.03%	2.08%	-1.05%

Volatility

FACFX vs. VFINX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2010 Fund Class A (FACFX) is 1.84%, while Vanguard 500 Index Fund Investor Shares (VFINX) has a volatility of 3.44%. This indicates that FACFX experiences smaller price fluctuations and is considered to be less risky than VFINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FACFX	VFINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.84%	3.44%	-1.60%
Volatility (6M) Calculated over the trailing 6-month period	4.91%	10.10%	-5.19%
Volatility (1Y) Calculated over the trailing 1-year period	5.57%	12.86%	-7.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.48%	17.01%	-10.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.31%	18.07%	-11.76%

FACFX vs. VFINX - Expense Ratio Comparison

FACFX has a 0.74% expense ratio, which is higher than VFINX's 0.14% expense ratio.

Dividends

FACFX vs. VFINX - Dividend Comparison

FACFX's dividend yield for the trailing twelve months is around 4.90%, more than VFINX's 0.97% 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%
VFINX Vanguard 500 Index Fund Investor Shares	0.97%	1.02%	1.14%	1.36%	1.57%	1.15%	1.45%	1.77%	1.94%	1.69%	1.92%	1.99%

Frequently Asked Questions

Can I hold both FACFX and VFINX in my portfolio?

FACFX and VFINX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FACFX or VFINX?

VFINX has higher volatility (3.44%) compared to FACFX (1.84%). In terms of maximum drawdown, FACFX dropped -38.27% vs VFINX's -55.25%.

Which has better risk-adjusted returns?

FACFX currently has the higher Sharpe Ratio (1.45 vs 1.42), 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.