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FCFFX vs. FTLSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCFFX vs. FTLSX - 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 Flex Freedom Blend Income Fund (FTLSX). The values are adjusted to include any dividend payments, if applicable.

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FCFFX vs. FTLSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCFFX
Fidelity Advisor Freedom 2040 Fund Class C
-3.58%20.23%11.76%17.50%-18.93%14.90%16.35%25.42%-9.19%9.28%
FTLSX
Fidelity Flex Freedom Blend Income Fund
-0.50%10.31%4.72%8.60%-11.33%3.30%9.04%10.97%-1.40%3.61%

Returns By Period

In the year-to-date period, FCFFX achieves a -3.58% return, which is significantly lower than FTLSX's -0.50% return.


FCFFX

1D
-0.18%
1M
-8.42%
YTD
-3.58%
6M
-1.01%
1Y
15.34%
3Y*
12.80%
5Y*
6.20%
10Y*
9.33%

FTLSX

1D
0.20%
1M
-3.46%
YTD
-0.50%
6M
0.89%
1Y
7.42%
3Y*
6.37%
5Y*
2.81%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCFFX vs. FTLSX - Expense Ratio Comparison

FCFFX has a 1.75% expense ratio, which is higher than FTLSX's 0.00% expense ratio.


Return for Risk

FCFFX vs. FTLSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCFFX
FCFFX Risk / Return Rank: 6060
Overall Rank
FCFFX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
FCFFX Sortino Ratio Rank: 6060
Sortino Ratio Rank
FCFFX Omega Ratio Rank: 6161
Omega Ratio Rank
FCFFX Calmar Ratio Rank: 5757
Calmar Ratio Rank
FCFFX Martin Ratio Rank: 6262
Martin Ratio Rank

FTLSX
FTLSX Risk / Return Rank: 8383
Overall Rank
FTLSX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
FTLSX Sortino Ratio Rank: 8383
Sortino Ratio Rank
FTLSX Omega Ratio Rank: 8080
Omega Ratio Rank
FTLSX Calmar Ratio Rank: 8383
Calmar Ratio Rank
FTLSX Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCFFX vs. FTLSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) and Fidelity Flex Freedom Blend Income Fund (FTLSX). 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.


FCFFXFTLSXDifference

Sharpe ratio

Return per unit of total volatility

1.07

1.58

-0.51

Sortino ratio

Return per unit of downside risk

1.54

2.18

-0.64

Omega ratio

Gain probability vs. loss probability

1.23

1.31

-0.08

Calmar ratio

Return relative to maximum drawdown

1.33

2.06

-0.73

Martin ratio

Return relative to average drawdown

5.90

8.61

-2.71

FCFFX vs. FTLSX - Sharpe Ratio Comparison

The current FCFFX Sharpe Ratio is 1.07, which is lower than the FTLSX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of FCFFX and FTLSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FCFFXFTLSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.07

1.58

-0.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

0.53

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.62

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.85

-0.48

Correlation

The correlation between FCFFX and FTLSX is 0.73, 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

FCFFX vs. FTLSX - Dividend Comparison

FCFFX's dividend yield for the trailing twelve months is around 7.25%, more than FTLSX's 3.83% yield.


TTM20252024202320222021202020192018201720162015
FCFFX
Fidelity Advisor Freedom 2040 Fund Class C
7.25%6.99%2.18%0.70%10.63%9.51%5.52%6.57%11.46%4.73%4.30%3.94%
FTLSX
Fidelity Flex Freedom Blend Income Fund
3.83%3.68%3.37%3.19%5.28%4.91%3.06%4.44%4.26%1.97%0.00%0.00%

Drawdowns

FCFFX vs. FTLSX - Drawdown Comparison

The maximum FCFFX drawdown since its inception was -56.57%, which is greater than FTLSX's maximum drawdown of -15.74%. Use the drawdown chart below to compare losses from any high point for FCFFX and FTLSX.


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Drawdown Indicators


FCFFXFTLSXDifference

Max Drawdown

Largest peak-to-trough decline

-56.57%

-15.74%

-40.83%

Max Drawdown (1Y)

Largest decline over 1 year

-10.26%

-3.65%

-6.61%

Max Drawdown (5Y)

Largest decline over 5 years

-27.88%

-15.74%

-12.14%

Max Drawdown (10Y)

Largest decline over 10 years

-31.31%

Current Drawdown

Current decline from peak

-8.92%

-3.46%

-5.46%

Average Drawdown

Average peak-to-trough decline

-8.41%

-2.86%

-5.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.32%

0.87%

+1.45%

Volatility

FCFFX vs. FTLSX - Volatility Comparison

Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) has a higher volatility of 5.04% compared to Fidelity Flex Freedom Blend Income Fund (FTLSX) at 2.12%. This indicates that FCFFX's price experiences larger fluctuations and is considered to be riskier than FTLSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCFFXFTLSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.04%

2.12%

+2.92%

Volatility (6M)

Calculated over the trailing 6-month period

8.45%

3.10%

+5.35%

Volatility (1Y)

Calculated over the trailing 1-year period

14.30%

4.82%

+9.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.20%

5.34%

+8.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.12%

4.74%

+10.38%