Correlation
The correlation between FCFTX and SPY is 0.87, 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.
FCFTX vs. SPY
Compare and contrast key facts about Fidelity Advisor Freedom 2010 Fund Class M (FCFTX) and SPDR S&P 500 ETF (SPY).
FCFTX is managed by Fidelity. It was launched on Jul 24, 2003. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCFTX or SPY.
Performance
FCFTX vs. SPY - Performance Comparison
Loading data...
Key characteristics
FCFTX:
1.25
SPY:
0.70
FCFTX:
1.66
SPY:
1.02
FCFTX:
1.22
SPY:
1.15
FCFTX:
1.16
SPY:
0.68
FCFTX:
4.81
SPY:
2.57
FCFTX:
1.41%
SPY:
4.93%
FCFTX:
5.89%
SPY:
20.42%
FCFTX:
-38.39%
SPY:
-55.19%
FCFTX:
0.00%
SPY:
-3.55%
Returns By Period
In the year-to-date period, FCFTX achieves a 4.03% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, FCFTX has underperformed SPY with an annualized return of 4.02%, while SPY has yielded a comparatively higher 12.73% annualized return.
FCFTX
4.03%
1.34%
1.94%
6.89%
3.94%
3.92%
4.02%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCFTX vs. SPY - Expense Ratio Comparison
FCFTX has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FCFTX vs. SPY — Risk-Adjusted Performance Rank
FCFTX
SPY
FCFTX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2010 Fund Class M (FCFTX) and SPDR S&P 500 ETF (SPY). 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.
Loading data...
Dividends
FCFTX vs. SPY - Dividend Comparison
FCFTX's dividend yield for the trailing twelve months is around 3.72%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFTX Fidelity Advisor Freedom 2010 Fund Class M | 3.72% | 2.56% | 2.24% | 6.83% | 8.60% | 5.58% | 5.52% | 8.80% | 6.18% | 4.38% | 5.24% | 6.36% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FCFTX vs. SPY - Drawdown Comparison
The maximum FCFTX drawdown since its inception was -38.39%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCFTX and SPY.
Loading data...
Volatility
FCFTX vs. SPY - Volatility Comparison
The current volatility for Fidelity Advisor Freedom 2010 Fund Class M (FCFTX) is 1.21%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that FCFTX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...