FCLSX vs. TRRDX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and T. Rowe Price Retirement 2040 Fund (TRRDX).
FCLSX is managed by Fidelity. It was launched on Jun 8, 2017. TRRDX is managed by T. Rowe Price. It was launched on Sep 29, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCLSX or TRRDX.
Correlation
The correlation between FCLSX and TRRDX is 0.95, 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. TRRDX - Performance Comparison
Key characteristics
FCLSX:
1.10
TRRDX:
1.35
FCLSX:
1.53
TRRDX:
1.87
FCLSX:
1.20
TRRDX:
1.24
FCLSX:
1.73
TRRDX:
0.73
FCLSX:
5.24
TRRDX:
6.88
FCLSX:
2.35%
TRRDX:
2.03%
FCLSX:
11.25%
TRRDX:
10.33%
FCLSX:
-31.28%
TRRDX:
-56.43%
FCLSX:
-2.53%
TRRDX:
-8.13%
Returns By Period
In the year-to-date period, FCLSX achieves a 3.93% return, which is significantly higher than TRRDX's 3.70% return.
FCLSX
3.93%
0.61%
1.51%
10.74%
6.41%
N/A
TRRDX
3.70%
0.44%
2.54%
12.19%
4.03%
3.76%
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FCLSX vs. TRRDX - Expense Ratio Comparison
FCLSX has a 0.00% expense ratio, which is lower than TRRDX's 0.61% expense ratio.
Risk-Adjusted Performance
FCLSX vs. TRRDX — Risk-Adjusted Performance Rank
FCLSX
TRRDX
FCLSX vs. TRRDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and T. Rowe Price Retirement 2040 Fund (TRRDX). 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. TRRDX - Dividend Comparison
FCLSX's dividend yield for the trailing twelve months is around 2.16%, more than TRRDX's 1.49% 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% |
TRRDX T. Rowe Price Retirement 2040 Fund | 1.49% | 1.54% | 1.50% | 1.53% | 0.74% | 0.82% | 1.66% | 1.69% | 1.32% | 1.38% | 1.42% | 5.27% |
Drawdowns
FCLSX vs. TRRDX - Drawdown Comparison
The maximum FCLSX drawdown since its inception was -31.28%, smaller than the maximum TRRDX drawdown of -56.43%. Use the drawdown chart below to compare losses from any high point for FCLSX and TRRDX. For additional features, visit the drawdowns tool.
Volatility
FCLSX vs. TRRDX - Volatility Comparison
Fidelity Flex Freedom Blend 2040 Fund (FCLSX) has a higher volatility of 2.90% compared to T. Rowe Price Retirement 2040 Fund (TRRDX) at 2.67%. This indicates that FCLSX's price experiences larger fluctuations and is considered to be riskier than TRRDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.