FCPEX vs. FFFFX
Compare and contrast key facts about Fidelity Small Cap Enhanced Index Fund (FCPEX) and Fidelity Freedom 2040 Fund (FFFFX).
FCPEX is managed by Fidelity. It was launched on Dec 20, 2007. FFFFX is managed by Fidelity. It was launched on Sep 6, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCPEX or FFFFX.
Key characteristics
| FCPEX | FFFFX |
|---|
Correlation
The correlation between FCPEX and FFFFX is 0.83, 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
FCPEX vs. FFFFX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FCPEX vs. FFFFX - Expense Ratio Comparison
FCPEX has a 0.55% expense ratio, which is lower than FFFFX's 0.75% expense ratio.
Risk-Adjusted Performance
FCPEX vs. FFFFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Enhanced Index Fund (FCPEX) and Fidelity Freedom 2040 Fund (FFFFX). 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
FCPEX vs. FFFFX - Dividend Comparison
FCPEX has not paid dividends to shareholders, while FFFFX's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCPEX Fidelity Small Cap Enhanced Index Fund | 1.69% | 1.69% | 5.16% | 20.85% | 0.59% | 0.95% | 15.52% | 8.51% | 0.67% | 2.46% | 6.70% | 6.77% |
FFFFX Fidelity Freedom 2040 Fund | 1.15% | 1.32% | 2.11% | 2.27% | 1.06% | 1.50% | 1.68% | 1.12% | 1.44% | 4.38% | 9.27% | 6.23% |
Drawdowns
FCPEX vs. FFFFX - Drawdown Comparison
Volatility
FCPEX vs. FFFFX - Volatility Comparison
The current volatility for Fidelity Small Cap Enhanced Index Fund (FCPEX) is 0.00%, while Fidelity Freedom 2040 Fund (FFFFX) has a volatility of 2.57%. This indicates that FCPEX experiences smaller price fluctuations and is considered to be less risky than FFFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.