FCFFX vs. FAFFX
Compare and contrast key facts about Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) and Fidelity Advisor Freedom 2040 Fund Class A (FAFFX).
FCFFX is managed by Fidelity. It was launched on Jul 24, 2003. FAFFX is managed by Fidelity. It was launched on Jul 24, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCFFX or FAFFX.
Key characteristics
| FCFFX | FAFFX | |
|---|---|---|
| YTD Return | 12.52% | 13.06% |
| 1Y Return | 20.40% | 21.36% |
| 3Y Return (Ann) | 2.94% | 3.72% |
| 5Y Return (Ann) | 9.08% | 9.89% |
| 10Y Return (Ann) | 7.61% | 8.49% |
| Sharpe Ratio | 1.83 | 1.93 |
| Daily Std Dev | 11.22% | 11.17% |
| Max Drawdown | -55.56% | -54.44% |
| Current Drawdown | -0.68% | -0.70% |
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.
Performance
FCFFX vs. FAFFX - Performance Comparison
The year-to-date returns for both investments are quite close, with FCFFX having a 12.52% return and FAFFX slightly higher at 13.06%. Over the past 10 years, FCFFX has underperformed FAFFX with an annualized return of 7.61%, while FAFFX has yielded a comparatively higher 8.49% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
FCFFX vs. FAFFX - Dividend Comparison
FCFFX's dividend yield for the trailing twelve months is around 1.06%, less than FAFFX's 1.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFFX Fidelity Advisor Freedom 2040 Fund Class C | 1.06% | 0.70% | 10.63% | 9.51% | 5.52% | 6.57% | 11.46% | 4.73% | 4.30% | 4.71% | 7.09% | 6.80% |
FAFFX Fidelity Advisor Freedom 2040 Fund Class A | 1.44% | 1.16% | 10.83% | 9.81% | 5.79% | 6.93% | 11.85% | 5.16% | 4.77% | 5.40% | 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.
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 3.78% and 3.74%, 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.