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FCFTX vs. VCAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCFTX vs. VCAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2010 Fund Class M (FCFTX) and Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX). The values are adjusted to include any dividend payments, if applicable.

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FCFTX vs. VCAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCFTX
Fidelity Advisor Freedom 2010 Fund Class M
-0.90%10.77%4.65%8.99%-13.60%4.87%10.34%14.19%-3.76%11.58%
VCAIX
Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares
-0.71%5.83%2.15%5.82%-6.69%0.40%4.53%6.95%1.19%4.83%

Returns By Period

In the year-to-date period, FCFTX achieves a -0.90% return, which is significantly lower than VCAIX's -0.71% return. Over the past 10 years, FCFTX has outperformed VCAIX with an annualized return of 4.83%, while VCAIX has yielded a comparatively lower 2.17% annualized return.


FCFTX

1D
0.27%
1M
-3.92%
YTD
-0.90%
6M
0.41%
1Y
7.43%
3Y*
6.37%
5Y*
2.47%
10Y*
4.83%

VCAIX

1D
0.18%
1M
-2.81%
YTD
-0.71%
6M
0.85%
1Y
4.52%
3Y*
3.51%
5Y*
1.45%
10Y*
2.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCFTX vs. VCAIX - Expense Ratio Comparison

FCFTX has a 0.99% expense ratio, which is higher than VCAIX's 0.17% expense ratio.


Return for Risk

FCFTX vs. VCAIX — Risk / Return Rank

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

FCFTX
FCFTX Risk / Return Rank: 7575
Overall Rank
FCFTX Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
FCFTX Sortino Ratio Rank: 7676
Sortino Ratio Rank
FCFTX Omega Ratio Rank: 7373
Omega Ratio Rank
FCFTX Calmar Ratio Rank: 7676
Calmar Ratio Rank
FCFTX Martin Ratio Rank: 7575
Martin Ratio Rank

VCAIX
VCAIX Risk / Return Rank: 7373
Overall Rank
VCAIX Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
VCAIX Sortino Ratio Rank: 7575
Sortino Ratio Rank
VCAIX Omega Ratio Rank: 8989
Omega Ratio Rank
VCAIX Calmar Ratio Rank: 6565
Calmar Ratio Rank
VCAIX Martin Ratio Rank: 5959
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.

FCFTX vs. VCAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2010 Fund Class M (FCFTX) and Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX). 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.


FCFTXVCAIXDifference

Sharpe ratio

Return per unit of total volatility

1.39

1.37

+0.01

Sortino ratio

Return per unit of downside risk

1.91

1.85

+0.06

Omega ratio

Gain probability vs. loss probability

1.28

1.39

-0.11

Calmar ratio

Return relative to maximum drawdown

1.78

1.46

+0.32

Martin ratio

Return relative to average drawdown

7.22

5.58

+1.64

FCFTX vs. VCAIX - Sharpe Ratio Comparison

The current FCFTX Sharpe Ratio is 1.39, which is comparable to the VCAIX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of FCFTX and VCAIX, 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


FCFTXVCAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.39

1.37

+0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.45

-0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

0.64

+0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

1.30

-0.81

Correlation

The correlation between FCFTX and VCAIX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FCFTX vs. VCAIX - Dividend Comparison

FCFTX's dividend yield for the trailing twelve months is around 4.75%, more than VCAIX's 3.09% yield.


TTM20252024202320222021202020192018201720162015
FCFTX
Fidelity Advisor Freedom 2010 Fund Class M
4.75%4.70%2.56%2.24%6.83%8.60%5.58%5.52%8.73%6.18%4.19%3.91%
VCAIX
Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares
3.09%3.75%3.27%2.49%2.28%1.71%2.19%2.64%2.63%2.56%2.65%2.78%

Drawdowns

FCFTX vs. VCAIX - Drawdown Comparison

The maximum FCFTX drawdown since its inception was -38.51%, which is greater than VCAIX's maximum drawdown of -11.22%. Use the drawdown chart below to compare losses from any high point for FCFTX and VCAIX.


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Drawdown Indicators


FCFTXVCAIXDifference

Max Drawdown

Largest peak-to-trough decline

-38.51%

-11.22%

-27.29%

Max Drawdown (1Y)

Largest decline over 1 year

-4.18%

-3.78%

-0.40%

Max Drawdown (5Y)

Largest decline over 5 years

-18.70%

-11.22%

-7.48%

Max Drawdown (10Y)

Largest decline over 10 years

-18.70%

-11.22%

-7.48%

Current Drawdown

Current decline from peak

-3.92%

-2.81%

-1.11%

Average Drawdown

Average peak-to-trough decline

-4.20%

-1.36%

-2.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.03%

0.99%

+0.04%

Volatility

FCFTX vs. VCAIX - Volatility Comparison

Fidelity Advisor Freedom 2010 Fund Class M (FCFTX) has a higher volatility of 2.35% compared to Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX) at 0.94%. This indicates that FCFTX's price experiences larger fluctuations and is considered to be riskier than VCAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCFTXVCAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.35%

0.94%

+1.41%

Volatility (6M)

Calculated over the trailing 6-month period

3.49%

1.52%

+1.97%

Volatility (1Y)

Calculated over the trailing 1-year period

5.46%

3.91%

+1.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.31%

3.21%

+3.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.31%

3.41%

+2.90%