FCLSX vs. FGRIX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Fidelity Growth & Income Portfolio (FGRIX).
FCLSX is managed by Fidelity. It was launched on Jun 8, 2017. FGRIX is managed by Fidelity. It was launched on Dec 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCLSX or FGRIX.
Correlation
The correlation between FCLSX and FGRIX is 0.89, 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. FGRIX - Performance Comparison
Key characteristics
FCLSX:
1.15
FGRIX:
1.53
FCLSX:
1.60
FGRIX:
2.12
FCLSX:
1.21
FGRIX:
1.28
FCLSX:
1.73
FGRIX:
2.59
FCLSX:
5.59
FGRIX:
8.10
FCLSX:
2.32%
FGRIX:
2.24%
FCLSX:
11.31%
FGRIX:
11.88%
FCLSX:
-31.28%
FGRIX:
-66.71%
FCLSX:
-2.82%
FGRIX:
-2.25%
Returns By Period
In the year-to-date period, FCLSX achieves a 3.62% return, which is significantly lower than FGRIX's 4.07% return.
FCLSX
3.62%
2.97%
6.41%
12.62%
6.40%
N/A
FGRIX
4.07%
2.60%
6.68%
17.37%
10.72%
9.93%
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FCLSX vs. FGRIX - Expense Ratio Comparison
FCLSX has a 0.00% expense ratio, which is lower than FGRIX's 0.57% expense ratio.
Risk-Adjusted Performance
FCLSX vs. FGRIX — Risk-Adjusted Performance Rank
FCLSX
FGRIX
FCLSX vs. FGRIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Fidelity Growth & Income Portfolio (FGRIX). 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. FGRIX - Dividend Comparison
FCLSX's dividend yield for the trailing twelve months is around 2.16%, more than FGRIX's 1.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCLSX Fidelity Flex Freedom Blend 2040 Fund | 2.16% | 2.24% | 2.07% | 2.93% | 2.09% | 1.55% | 2.21% | 2.45% | 1.55% | 0.00% | 0.00% | 0.00% |
FGRIX Fidelity Growth & Income Portfolio | 1.37% | 1.43% | 1.60% | 1.68% | 2.07% | 1.89% | 1.77% | 2.13% | 1.52% | 1.80% | 2.04% | 1.72% |
Drawdowns
FCLSX vs. FGRIX - Drawdown Comparison
The maximum FCLSX drawdown since its inception was -31.28%, smaller than the maximum FGRIX drawdown of -66.71%. Use the drawdown chart below to compare losses from any high point for FCLSX and FGRIX. For additional features, visit the drawdowns tool.
Volatility
FCLSX vs. FGRIX - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) is 3.39%, while Fidelity Growth & Income Portfolio (FGRIX) has a volatility of 3.72%. This indicates that FCLSX experiences smaller price fluctuations and is considered to be less risky than FGRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.