FAFFX vs. FFFLX
Compare and contrast key facts about Fidelity Advisor Freedom 2040 Fund Class A (FAFFX) and Fidelity Advisor Freedom 2050 Fund Class A (FFFLX).
FAFFX is managed by Fidelity. It was launched on Jul 24, 2003. FFFLX is managed by Fidelity. It was launched on Jun 1, 2006.
Performance
FAFFX vs. FFFLX - Performance Comparison
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FAFFX vs. FFFLX - 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% |
FFFLX Fidelity Advisor Freedom 2050 Fund Class A | -3.95% | 22.73% | 13.41% | 18.92% | -18.34% | 15.79% | 17.25% | 26.29% | -8.46% | 21.36% |
Returns By Period
In the year-to-date period, FAFFX achieves a -3.44% return, which is significantly higher than FFFLX's -3.95% return. Both investments have delivered pretty close results over the past 10 years, with FAFFX having a 10.15% annualized return and FFFLX not far ahead at 10.36%.
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%
FFFLX
- 1D
- -0.27%
- 1M
- -9.19%
- YTD
- -3.95%
- 6M
- -0.88%
- 1Y
- 17.36%
- 3Y*
- 14.34%
- 5Y*
- 7.40%
- 10Y*
- 10.36%
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FAFFX vs. FFFLX - Expense Ratio Comparison
Both FAFFX and FFFLX have an expense ratio of 1.00%.
Return for Risk
FAFFX vs. FFFLX — Risk / Return Rank
FAFFX
FFFLX
FAFFX vs. FFFLX - 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 Freedom 2050 Fund Class A (FFFLX). 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 | FFFLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 1.10 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.62 | 1.58 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.39 | +0.02 |
Martin ratioReturn relative to average drawdown | 6.31 | 6.13 | +0.19 |
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 | FFFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 1.10 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.50 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.68 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.40 | +0.02 |
Correlation
The correlation between FAFFX and FFFLX is 1.00, 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. FFFLX - Dividend Comparison
FAFFX's dividend yield for the trailing twelve months is around 7.34%, more than FFFLX's 6.11% 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% |
FFFLX Fidelity Advisor Freedom 2050 Fund Class A | 6.11% | 5.87% | 1.42% | 1.25% | 10.58% | 9.34% | 5.18% | 6.72% | 11.39% | 4.24% | 4.52% | 3.69% |
Drawdowns
FAFFX vs. FFFLX - Drawdown Comparison
The maximum FAFFX drawdown since its inception was -56.14%, roughly equal to the maximum FFFLX drawdown of -58.29%. Use the drawdown chart below to compare losses from any high point for FAFFX and FFFLX.
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Drawdown Indicators
| FAFFX | FFFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.14% | -58.29% | +2.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.27% | -11.09% | +0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -27.41% | -27.47% | +0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -31.28% | -31.22% | -0.06% |
Current DrawdownCurrent decline from peak | -8.87% | -9.79% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -9.19% | +1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.52% | -0.21% |
Volatility
FAFFX vs. FFFLX - Volatility Comparison
The current volatility for Fidelity Advisor Freedom 2040 Fund Class A (FAFFX) is 5.05%, while Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) has a volatility of 5.59%. This indicates that FAFFX experiences smaller price fluctuations and is considered to be less risky than FFFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAFFX | FFFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 5.59% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 8.47% | 9.44% | -0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.33% | 15.76% | -1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 14.79% | -0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.13% | 15.38% | -0.25% |