FCLSX vs. FBIFX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Fidelity Freedom Index 2040 Fund Investor Class (FBIFX).
FCLSX is managed by Fidelity. It was launched on Jun 8, 2017. FBIFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCLSX or FBIFX.
Correlation
The correlation between FCLSX and FBIFX is 0.98, 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
FCLSX vs. FBIFX - Performance Comparison
Key characteristics
FCLSX:
1.16
FBIFX:
1.51
FCLSX:
1.62
FBIFX:
2.09
FCLSX:
1.21
FBIFX:
1.27
FCLSX:
1.75
FBIFX:
2.47
FCLSX:
5.63
FBIFX:
8.38
FCLSX:
2.33%
FBIFX:
1.86%
FCLSX:
11.31%
FBIFX:
10.31%
FCLSX:
-31.28%
FBIFX:
-38.83%
FCLSX:
-2.38%
FBIFX:
-0.37%
Returns By Period
In the year-to-date period, FCLSX achieves a 4.09% return, which is significantly higher than FBIFX's 3.65% return.
FCLSX
4.09%
4.92%
5.23%
12.47%
6.23%
N/A
FBIFX
3.65%
4.72%
7.35%
14.95%
8.30%
6.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCLSX vs. FBIFX - Expense Ratio Comparison
FCLSX has a 0.00% expense ratio, which is lower than FBIFX's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCLSX vs. FBIFX — Risk-Adjusted Performance Rank
FCLSX
FBIFX
FCLSX vs. FBIFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Fidelity Freedom Index 2040 Fund Investor Class (FBIFX). 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
FCLSX vs. FBIFX - Dividend Comparison
FCLSX's dividend yield for the trailing twelve months is around 2.15%, more than FBIFX's 2.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCLSX Fidelity Flex Freedom Blend 2040 Fund | 2.15% | 2.24% | 2.07% | 2.93% | 2.09% | 1.55% | 2.21% | 2.45% | 1.55% | 0.00% | 0.00% | 0.00% |
FBIFX Fidelity Freedom Index 2040 Fund Investor Class | 2.02% | 2.09% | 1.97% | 1.97% | 1.53% | 1.41% | 1.82% | 2.20% | 1.73% | 1.93% | 2.02% | 3.28% |
Drawdowns
FCLSX vs. FBIFX - Drawdown Comparison
The maximum FCLSX drawdown since its inception was -31.28%, smaller than the maximum FBIFX drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for FCLSX and FBIFX. For additional features, visit the drawdowns tool.
Volatility
FCLSX vs. FBIFX - Volatility Comparison
Fidelity Flex Freedom Blend 2040 Fund (FCLSX) has a higher volatility of 2.98% compared to Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) at 2.78%. This indicates that FCLSX's price experiences larger fluctuations and is considered to be riskier than FBIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.