FBIFX vs. FPURX
Compare and contrast key facts about Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) and Fidelity Puritan Fund (FPURX).
FBIFX is managed by Fidelity. It was launched on Oct 2, 2009. FPURX is managed by Fidelity. It was launched on Apr 16, 1947.
Performance
FBIFX vs. FPURX - Performance Comparison
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FBIFX vs. FPURX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBIFX Fidelity Freedom Index 2040 Fund Investor Class | -3.60% | 19.88% | 13.32% | 19.37% | -18.16% | 15.88% | 16.47% | 25.95% | -7.24% | 20.58% |
FPURX Fidelity Puritan Fund | -3.53% | 12.22% | 18.94% | 20.20% | -17.35% | 18.92% | 20.58% | 21.27% | -4.18% | 18.28% |
Returns By Period
The year-to-date returns for both investments are quite close, with FBIFX having a -3.60% return and FPURX slightly higher at -3.53%. Both investments have delivered pretty close results over the past 10 years, with FBIFX having a 10.18% annualized return and FPURX not far ahead at 10.27%.
FBIFX
- 1D
- -0.07%
- 1M
- -7.73%
- YTD
- -3.60%
- 6M
- -0.93%
- 1Y
- 15.51%
- 3Y*
- 13.52%
- 5Y*
- 7.34%
- 10Y*
- 10.18%
FPURX
- 1D
- -0.28%
- 1M
- -6.44%
- YTD
- -3.53%
- 6M
- -0.94%
- 1Y
- 12.60%
- 3Y*
- 13.60%
- 5Y*
- 7.81%
- 10Y*
- 10.27%
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FBIFX vs. FPURX - Expense Ratio Comparison
FBIFX has a 0.12% expense ratio, which is lower than FPURX's 0.50% expense ratio.
Return for Risk
FBIFX vs. FPURX — Risk / Return Rank
FBIFX
FPURX
FBIFX vs. FPURX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) and Fidelity Puritan Fund (FPURX). 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.
| FBIFX | FPURX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.04 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.65 | 1.50 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.37 | +0.05 |
Martin ratioReturn relative to average drawdown | 6.58 | 5.87 | +0.71 |
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
| FBIFX | FPURX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 1.04 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.59 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.79 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.71 | -0.05 |
Correlation
The correlation between FBIFX and FPURX is 0.94, 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
FBIFX vs. FPURX - Dividend Comparison
FBIFX's dividend yield for the trailing twelve months is around 2.43%, less than FPURX's 7.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIFX Fidelity Freedom Index 2040 Fund Investor Class | 2.43% | 2.35% | 2.20% | 1.97% | 2.08% | 1.96% | 2.00% | 18.26% | 2.22% | 1.82% | 1.98% | 2.02% |
FPURX Fidelity Puritan Fund | 7.08% | 6.83% | 11.30% | 5.34% | 9.38% | 13.10% | 5.10% | 4.29% | 15.26% | 3.78% | 3.71% | 7.49% |
Drawdowns
FBIFX vs. FPURX - Drawdown Comparison
The maximum FBIFX drawdown since its inception was -30.73%, roughly equal to the maximum FPURX drawdown of -31.76%. Use the drawdown chart below to compare losses from any high point for FBIFX and FPURX.
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Drawdown Indicators
| FBIFX | FPURX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.73% | -31.76% | +1.03% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -8.48% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -26.12% | -22.53% | -3.59% |
Max Drawdown (10Y)Largest decline over 10 years | -30.73% | -23.93% | -6.80% |
Current DrawdownCurrent decline from peak | -8.10% | -7.24% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -4.15% | -4.66% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 1.97% | +0.17% |
Volatility
FBIFX vs. FPURX - Volatility Comparison
Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) has a higher volatility of 4.50% compared to Fidelity Puritan Fund (FPURX) at 3.89%. This indicates that FBIFX's price experiences larger fluctuations and is considered to be riskier than FPURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBIFX | FPURX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 3.89% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.81% | 7.54% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.77% | 12.46% | +1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.71% | 13.24% | +0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.83% | 13.03% | +1.80% |