PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FBIFX vs. AGTHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FBIFX vs. AGTHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) and American Funds The Growth Fund of America Class A (AGTHX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
6.41%
13.25%
FBIFX
AGTHX

Returns By Period

In the year-to-date period, FBIFX achieves a 14.34% return, which is significantly lower than AGTHX's 28.39% return. Over the past 10 years, FBIFX has underperformed AGTHX with an annualized return of 6.74%, while AGTHX has yielded a comparatively higher 13.49% annualized return.


FBIFX

YTD

14.34%

1M

-0.70%

6M

6.42%

1Y

21.29%

5Y (annualized)

5.85%

10Y (annualized)

6.74%

AGTHX

YTD

28.39%

1M

2.35%

6M

13.25%

1Y

36.72%

5Y (annualized)

15.33%

10Y (annualized)

13.49%

Key characteristics


FBIFXAGTHX
Sharpe Ratio2.112.40
Sortino Ratio2.953.18
Omega Ratio1.381.43
Calmar Ratio2.342.06
Martin Ratio13.3515.46
Ulcer Index1.57%2.34%
Daily Std Dev9.96%15.07%
Max Drawdown-38.83%-65.35%
Current Drawdown-1.70%-1.60%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FBIFX vs. AGTHX - Expense Ratio Comparison

FBIFX has a 0.12% expense ratio, which is lower than AGTHX's 0.61% expense ratio.


AGTHX
American Funds The Growth Fund of America Class A
Expense ratio chart for AGTHX: current value at 0.61% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.61%
Expense ratio chart for FBIFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Correlation

-0.50.00.51.00.9

The correlation between FBIFX and AGTHX is 0.93, 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.

Risk-Adjusted Performance

FBIFX vs. AGTHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) and American Funds The Growth Fund of America Class A (AGTHX). 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.


Sharpe ratio
The chart of Sharpe ratio for FBIFX, currently valued at 2.11, compared to the broader market-1.000.001.002.003.004.005.002.112.40
The chart of Sortino ratio for FBIFX, currently valued at 2.95, compared to the broader market0.005.0010.002.953.18
The chart of Omega ratio for FBIFX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.43
The chart of Calmar ratio for FBIFX, currently valued at 2.34, compared to the broader market0.005.0010.0015.0020.0025.002.342.06
The chart of Martin ratio for FBIFX, currently valued at 13.35, compared to the broader market0.0020.0040.0060.0080.00100.0013.3515.46
FBIFX
AGTHX

The current FBIFX Sharpe Ratio is 2.11, which is comparable to the AGTHX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of FBIFX and AGTHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.11
2.40
FBIFX
AGTHX

Dividends

FBIFX vs. AGTHX - Dividend Comparison

FBIFX's dividend yield for the trailing twelve months is around 1.79%, less than AGTHX's 5.30% yield.


TTM20232022202120202019201820172016201520142013
FBIFX
Fidelity Freedom Index 2040 Fund Investor Class
1.79%1.97%1.97%1.53%1.41%1.82%2.20%1.73%1.93%2.02%3.28%0.13%
AGTHX
American Funds The Growth Fund of America Class A
5.30%6.81%0.75%8.18%4.55%7.89%12.71%7.54%6.61%8.87%9.90%6.71%

Drawdowns

FBIFX vs. AGTHX - Drawdown Comparison

The maximum FBIFX drawdown since its inception was -38.83%, smaller than the maximum AGTHX drawdown of -65.35%. Use the drawdown chart below to compare losses from any high point for FBIFX and AGTHX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.70%
-1.60%
FBIFX
AGTHX

Volatility

FBIFX vs. AGTHX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) is 2.74%, while American Funds The Growth Fund of America Class A (AGTHX) has a volatility of 4.81%. This indicates that FBIFX experiences smaller price fluctuations and is considered to be less risky than AGTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.74%
4.81%
FBIFX
AGTHX