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FCFFX vs. FAFFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FCFFX vs. FAFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) and Fidelity Advisor Freedom 2040 Fund Class A (FAFFX). The values are adjusted to include any dividend payments, if applicable.

140.00%160.00%180.00%200.00%220.00%240.00%JuneJulyAugustSeptemberOctoberNovember
172.19%
243.79%
FCFFX
FAFFX

Returns By Period

In the year-to-date period, FCFFX achieves a 14.64% return, which is significantly lower than FAFFX's 15.42% return. Over the past 10 years, FCFFX has underperformed FAFFX with an annualized return of 2.66%, while FAFFX has yielded a comparatively higher 3.62% annualized return.


FCFFX

YTD

14.64%

1M

0.98%

6M

6.10%

1Y

21.11%

5Y (annualized)

3.28%

10Y (annualized)

2.66%

FAFFX

YTD

15.42%

1M

1.04%

6M

6.47%

1Y

22.12%

5Y (annualized)

4.23%

10Y (annualized)

3.62%

Key characteristics


FCFFXFAFFX
Sharpe Ratio1.972.05
Sortino Ratio2.772.85
Omega Ratio1.351.37
Calmar Ratio0.961.08
Martin Ratio12.2613.07
Ulcer Index1.72%1.69%
Daily Std Dev10.71%10.77%
Max Drawdown-55.56%-54.44%
Current Drawdown-5.43%-2.90%

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FCFFX vs. FAFFX - Expense Ratio Comparison

FCFFX has a 1.75% expense ratio, which is higher than FAFFX's 1.00% expense ratio.


FCFFX
Fidelity Advisor Freedom 2040 Fund Class C
Expense ratio chart for FCFFX: current value at 1.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.75%
Expense ratio chart for FAFFX: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%

Correlation

The correlation between FCFFX and FAFFX 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.


-0.50.00.51.01.0

Risk-Adjusted Performance

FCFFX vs. FAFFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) and Fidelity Advisor Freedom 2040 Fund Class A (FAFFX). 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 FCFFX, currently valued at 1.97, compared to the broader market-1.000.001.002.003.004.005.001.972.05
The chart of Sortino ratio for FCFFX, currently valued at 2.77, compared to the broader market0.005.0010.002.772.85
The chart of Omega ratio for FCFFX, currently valued at 1.35, compared to the broader market1.002.003.004.001.351.37
The chart of Calmar ratio for FCFFX, currently valued at 0.96, compared to the broader market0.005.0010.0015.0020.0025.000.961.08
The chart of Martin ratio for FCFFX, currently valued at 12.26, compared to the broader market0.0020.0040.0060.0080.00100.0012.2613.07
FCFFX
FAFFX

The current FCFFX Sharpe Ratio is 1.97, which is comparable to the FAFFX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of FCFFX and FAFFX, 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
1.97
2.05
FCFFX
FAFFX

Dividends

FCFFX vs. FAFFX - Dividend Comparison

FCFFX's dividend yield for the trailing twelve months is around 0.58%, less than FAFFX's 0.97% yield.


TTM20232022202120202019201820172016201520142013
FCFFX
Fidelity Advisor Freedom 2040 Fund Class C
0.58%0.66%1.30%1.31%0.23%0.63%1.10%0.46%0.74%3.26%7.09%6.80%
FAFFX
Fidelity Advisor Freedom 2040 Fund Class A
0.97%1.12%1.77%1.92%0.67%1.12%1.75%0.95%1.26%3.97%8.36%8.00%

Drawdowns

FCFFX vs. FAFFX - Drawdown Comparison

The maximum FCFFX drawdown since its inception was -55.56%, roughly equal to the maximum FAFFX drawdown of -54.44%. Use the drawdown chart below to compare losses from any high point for FCFFX and FAFFX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%JuneJulyAugustSeptemberOctoberNovember
-5.43%
-2.90%
FCFFX
FAFFX

Volatility

FCFFX vs. FAFFX - Volatility Comparison

Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) and Fidelity Advisor Freedom 2040 Fund Class A (FAFFX) have volatilities of 2.93% and 2.94%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.93%
2.94%
FCFFX
FAFFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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