FAFFX vs. FDETX
Compare and contrast key facts about Fidelity Advisor Freedom 2040 Fund Class A (FAFFX) and Fidelity Advisor Capital Development Fund Class O (FDETX).
FAFFX is managed by Fidelity. It was launched on Jul 24, 2003. FDETX is managed by Fidelity. It was launched on Dec 30, 1985.
Performance
FAFFX vs. FDETX - Performance Comparison
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FAFFX vs. FDETX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAFFX Fidelity Advisor Freedom 2040 Fund Class A | -3.44% | 21.14% | 12.60% | 18.39% | -18.31% | 15.78% | 17.18% | 26.41% | -8.48% | 21.35% |
FDETX Fidelity Advisor Capital Development Fund Class O | -5.03% | 27.60% | 27.07% | 24.20% | -8.00% | 25.32% | 9.12% | 31.39% | -9.09% | 16.45% |
Returns By Period
In the year-to-date period, FAFFX achieves a -3.44% return, which is significantly higher than FDETX's -5.03% return. Over the past 10 years, FAFFX has underperformed FDETX with an annualized return of 10.15%, while FDETX has yielded a comparatively higher 14.66% annualized return.
FAFFX
- 1D
- -0.17%
- 1M
- -8.40%
- YTD
- -3.44%
- 6M
- -0.64%
- 1Y
- 16.21%
- 3Y*
- 13.64%
- 5Y*
- 6.99%
- 10Y*
- 10.15%
FDETX
- 1D
- -0.61%
- 1M
- -8.06%
- YTD
- -5.03%
- 6M
- -0.14%
- 1Y
- 24.08%
- 3Y*
- 21.48%
- 5Y*
- 14.54%
- 10Y*
- 14.66%
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FAFFX vs. FDETX - Expense Ratio Comparison
FAFFX has a 1.00% expense ratio, which is higher than FDETX's 0.56% expense ratio.
Return for Risk
FAFFX vs. FDETX — Risk / Return Rank
FAFFX
FDETX
FAFFX vs. FDETX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2040 Fund Class A (FAFFX) and Fidelity Advisor Capital Development Fund Class O (FDETX). 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.
| FAFFX | FDETX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 1.34 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.62 | 1.90 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.78 | -0.36 |
Martin ratioReturn relative to average drawdown | 6.31 | 8.19 | -1.87 |
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
| FAFFX | FDETX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 1.34 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.83 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.78 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.62 | -0.21 |
Correlation
The correlation between FAFFX and FDETX is 0.92, 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
FAFFX vs. FDETX - Dividend Comparison
FAFFX's dividend yield for the trailing twelve months is around 7.34%, less than FDETX's 10.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAFFX Fidelity Advisor Freedom 2040 Fund Class A | 7.34% | 7.09% | 2.61% | 1.16% | 10.83% | 9.81% | 5.79% | 6.93% | 11.85% | 5.16% | 4.77% | 4.04% |
FDETX Fidelity Advisor Capital Development Fund Class O | 10.89% | 10.34% | 8.95% | 4.39% | 5.66% | 5.63% | 4.47% | 7.46% | 15.81% | 5.34% | 2.92% | 5.97% |
Drawdowns
FAFFX vs. FDETX - Drawdown Comparison
The maximum FAFFX drawdown since its inception was -56.14%, smaller than the maximum FDETX drawdown of -66.86%. Use the drawdown chart below to compare losses from any high point for FAFFX and FDETX.
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Drawdown Indicators
| FAFFX | FDETX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.14% | -66.86% | +10.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.27% | -12.42% | +2.15% |
Max Drawdown (5Y)Largest decline over 5 years | -27.41% | -21.72% | -5.69% |
Max Drawdown (10Y)Largest decline over 10 years | -31.28% | -36.61% | +5.33% |
Current DrawdownCurrent decline from peak | -8.87% | -9.64% | +0.77% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -11.26% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.70% | -0.39% |
Volatility
FAFFX vs. FDETX - Volatility Comparison
Fidelity Advisor Freedom 2040 Fund Class A (FAFFX) has a higher volatility of 5.05% compared to Fidelity Advisor Capital Development Fund Class O (FDETX) at 4.48%. This indicates that FAFFX's price experiences larger fluctuations and is considered to be riskier than FDETX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAFFX | FDETX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 4.48% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 8.47% | 9.55% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.33% | 18.39% | -4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 17.56% | -3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.13% | 18.82% | -3.69% |