FCLSX vs. FDFIX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Fidelity Flex 500 Index Fund (FDFIX).
FCLSX is managed by Fidelity. It was launched on Jun 8, 2017. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCLSX or FDFIX.
Correlation
The correlation between FCLSX and FDFIX is 0.93, 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. FDFIX - Performance Comparison
Key characteristics
FCLSX:
1.30
FDFIX:
1.90
FCLSX:
1.80
FDFIX:
2.56
FCLSX:
1.24
FDFIX:
1.35
FCLSX:
2.05
FDFIX:
2.88
FCLSX:
6.22
FDFIX:
11.93
FCLSX:
2.34%
FDFIX:
2.04%
FCLSX:
11.21%
FDFIX:
12.82%
FCLSX:
-31.28%
FDFIX:
-33.77%
FCLSX:
-0.98%
FDFIX:
0.00%
Returns By Period
In the year-to-date period, FCLSX achieves a 5.59% return, which is significantly higher than FDFIX's 4.38% return.
FCLSX
5.59%
3.63%
4.22%
13.80%
6.60%
N/A
FDFIX
4.38%
2.34%
10.25%
24.13%
14.51%
N/A
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FCLSX vs. FDFIX - Expense Ratio Comparison
FCLSX has a 0.00% expense ratio, which is lower than FDFIX's 0.00% 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. FDFIX — Risk-Adjusted Performance Rank
FCLSX
FDFIX
FCLSX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Fidelity Flex 500 Index Fund (FDFIX). 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. FDFIX - Dividend Comparison
FCLSX's dividend yield for the trailing twelve months is around 2.12%, more than FDFIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FCLSX Fidelity Flex Freedom Blend 2040 Fund | 2.12% | 2.24% | 2.07% | 2.93% | 2.09% | 1.55% | 2.21% | 2.45% | 1.55% |
FDFIX Fidelity Flex 500 Index Fund | 1.20% | 1.26% | 1.48% | 1.70% | 1.18% | 1.52% | 1.78% | 1.81% | 0.85% |
Drawdowns
FCLSX vs. FDFIX - Drawdown Comparison
The maximum FCLSX drawdown since its inception was -31.28%, smaller than the maximum FDFIX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for FCLSX and FDFIX. For additional features, visit the drawdowns tool.
Volatility
FCLSX vs. FDFIX - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) is 2.82%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 3.20%. This indicates that FCLSX experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.