FCFFX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) and Fidelity ZERO Total Market Index Fund (FZROX).
FCFFX is managed by Fidelity. It was launched on Jul 24, 2003. FZROX is managed by Fidelity.
Performance
FCFFX vs. FZROX - Performance Comparison
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FCFFX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FCFFX Fidelity Advisor Freedom 2040 Fund Class C | -3.58% | 20.23% | 11.76% | 17.50% | -18.93% | 14.90% | 16.35% | 25.42% | -10.78% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FCFFX achieves a -3.58% return, which is significantly higher than FZROX's -6.77% 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%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
- —
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FCFFX vs. FZROX - Expense Ratio Comparison
FCFFX has a 1.75% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FCFFX vs. FZROX — Risk / Return Rank
FCFFX
FZROX
FCFFX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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.
| FCFFX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.84 | +0.23 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.30 | +0.25 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.05 | +0.28 |
Martin ratioReturn relative to average drawdown | 5.90 | 5.11 | +0.79 |
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
| FCFFX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.84 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.60 | -0.16 |
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 | 0.61 | -0.23 |
Correlation
The correlation between FCFFX and FZROX 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
FCFFX vs. FZROX - Dividend Comparison
FCFFX's dividend yield for the trailing twelve months is around 7.25%, more than FZROX's 1.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCFFX vs. FZROX - Drawdown Comparison
The maximum FCFFX drawdown since its inception was -56.57%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FCFFX and FZROX.
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Drawdown Indicators
| FCFFX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.57% | -34.96% | -21.61% |
Max Drawdown (1Y)Largest decline over 1 year | -10.26% | -12.44% | +2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -27.88% | -25.12% | -2.76% |
Max Drawdown (10Y)Largest decline over 10 years | -31.31% | — | — |
Current DrawdownCurrent decline from peak | -8.92% | -8.89% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -8.41% | -5.61% | -2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.56% | -0.24% |
Volatility
FCFFX vs. FZROX - Volatility Comparison
Fidelity Advisor Freedom 2040 Fund Class C (FCFFX) has a higher volatility of 5.04% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FCFFX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCFFX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 4.41% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.45% | 9.34% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.30% | 18.49% | -4.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.20% | 17.40% | -3.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.12% | 20.25% | -5.13% |