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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBIFX or FPURX.
Correlation
The correlation between FBIFX and FPURX 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.
Performance
FBIFX vs. FPURX - Performance Comparison
Key characteristics
FBIFX:
-0.06
FPURX:
-0.71
FBIFX:
0.01
FPURX:
-0.80
FBIFX:
1.00
FPURX:
0.88
FBIFX:
-0.06
FPURX:
-0.48
FBIFX:
-0.28
FPURX:
-1.96
FBIFX:
2.41%
FPURX:
5.19%
FBIFX:
12.28%
FPURX:
14.30%
FBIFX:
-38.83%
FPURX:
-33.59%
FBIFX:
-12.37%
FPURX:
-21.11%
Returns By Period
In the year-to-date period, FBIFX achieves a -8.00% return, which is significantly higher than FPURX's -10.58% return. Over the past 10 years, FBIFX has outperformed FPURX with an annualized return of 5.41%, while FPURX has yielded a comparatively lower 2.13% annualized return.
FBIFX
-8.00%
-9.97%
-8.99%
-1.19%
9.99%
5.41%
FPURX
-10.58%
-8.41%
-16.33%
-10.99%
2.74%
2.13%
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. FPURX - Expense Ratio Comparison
FBIFX has a 0.12% expense ratio, which is lower than FPURX's 0.50% expense ratio.
Risk-Adjusted Performance
FBIFX vs. FPURX — Risk-Adjusted Performance Rank
FBIFX
FPURX
FBIFX vs. FPURX - Risk-Adjusted Performance 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.
Dividends
FBIFX vs. FPURX - Dividend Comparison
FBIFX's dividend yield for the trailing twelve months is around 2.27%, more than FPURX's 1.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIFX Fidelity Freedom Index 2040 Fund Investor Class | 2.27% | 2.09% | 1.97% | 1.97% | 1.53% | 1.41% | 1.82% | 2.20% | 1.73% | 1.93% | 2.02% | 3.28% |
FPURX Fidelity Puritan Fund | 1.53% | 1.75% | 1.71% | 1.62% | 1.01% | 1.09% | 1.52% | 1.83% | 1.33% | 1.75% | 7.94% | 9.74% |
Drawdowns
FBIFX vs. FPURX - Drawdown Comparison
The maximum FBIFX drawdown since its inception was -38.83%, which is greater than FPURX's maximum drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for FBIFX and FPURX. For additional features, visit the drawdowns tool.
Volatility
FBIFX vs. FPURX - Volatility Comparison
Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) and Fidelity Puritan Fund (FPURX) have volatilities of 6.74% and 6.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.