FCTHX vs. FSPSX

Last updated Jun 23, 2026

FCTHX (Fidelity Advisor Freedom 2035 Fund Class C) and FSPSX (Fidelity International Index Fund) are both mutual funds - FCTHX is a Target Retirement Date fund managed by Fidelity, while FSPSX is a Foreign Large Cap Equities fund tracking the MSCI EAFE Index. Over the past 10 years, FCTHX returned 9.58%/yr vs 9.67%/yr for FSPSX. Their correlation of 0.88 suggests significant overlap in exposure. FCTHX charges 1.71%/yr vs 0.04%/yr for FSPSX.

Performance

FCTHX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2035 Fund Class C (FCTHX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCTHX achieves a 9.35% return, which is significantly lower than FSPSX's 10.54% return. Both investments have delivered pretty close results over the past 10 years, with FCTHX having a 9.58% annualized return and FSPSX not far ahead at 9.67%.

FCTHX

• 1D: 1.15%
• 1M: 2.46%
• YTD: 9.35%
• 6M: 9.44%
• 1Y: 20.85%
• 3Y*: 14.11%
• 5Y*: 6.69%
• 10Y*: 9.58%

FSPSX

• 1D: 0.76%
• 1M: 1.93%
• YTD: 10.54%
• 6M: 11.05%
• 1Y: 25.44%
• 3Y*: 16.37%
• 5Y*: 9.50%
• 10Y*: 9.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FCTHX vs. FSPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCTHX Fidelity Advisor Freedom 2035 Fund Class C	9.35%	17.58%	9.58%	15.58%	-18.40%	12.81%	15.37%	24.55%	-8.71%	19.69%
FSPSX Fidelity International Index Fund	10.54%	31.98%	3.70%	18.31%	-14.23%	11.45%	8.16%	22.03%	-13.55%	25.37%

Correlation

The correlation between FCTHX and FSPSX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Sep 8, 2011	0.88

The correlation between FCTHX and FSPSX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

Return for Risk

FCTHX vs. FSPSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCTHX

FCTHX Risk / Return Rank: 56
FCTHX Sharpe Ratio Rank: 54
FCTHX Sortino Ratio Rank: 53
FCTHX Omega Ratio Rank: 57
FCTHX Calmar Ratio Rank: 54
FCTHX Martin Ratio Rank: 61

FSPSX

FSPSX Risk / Return Rank: 36
FSPSX Sharpe Ratio Rank: 36
FSPSX Sortino Ratio Rank: 35
FSPSX Omega Ratio Rank: 35
FSPSX Calmar Ratio Rank: 36
FSPSX Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCTHX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2035 Fund Class C (FCTHX) and Fidelity International Index Fund (FSPSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FCTHX	FSPSX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.61	+0.39
Sortino ratio: Return per unit of downside risk	2.80	2.28	+0.52
Omega ratio: Gain probability vs. loss probability	1.38	1.29	+0.09
Calmar ratio: Return relative to maximum drawdown	2.69	2.15	+0.54
Martin ratio: Return relative to average drawdown	11.35	8.05	+3.29

FCTHX vs. FSPSX - Sharpe Ratio Comparison

The current FCTHX Sharpe Ratio is 1.99, which is comparable to the FSPSX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FCTHX and FSPSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FCTHX vs. FSPSX - Drawdown Comparison

The maximum FCTHX drawdown since its inception was -55.17%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FCTHX and FSPSX.

Drawdown Indicators

	FCTHX	FSPSX	Difference
Max Drawdown Largest peak-to-trough decline	-55.17%	-33.69%	-21.48%
Max Drawdown (1Y) Largest decline over 1 year	-7.69%	-11.39%	+3.70%
Max Drawdown (3Y) Largest decline over 3 years	-11.50%	-13.58%	+2.08%
Max Drawdown (5Y) Largest decline over 5 years	-26.56%	-29.41%	+2.85%
Max Drawdown (10Y) Largest decline over 10 years	-29.25%	-33.69%	+4.44%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.82%	-6.53%	-1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	3.04%	-1.22%

Volatility

FCTHX vs. FSPSX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2035 Fund Class C (FCTHX) is 4.39%, while Fidelity International Index Fund (FSPSX) has a volatility of 4.93%. This indicates that FCTHX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCTHX	FSPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	4.93%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	8.89%	12.71%	-3.82%
Volatility (1Y) Calculated over the trailing 1-year period	10.39%	15.26%	-4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.51%	16.07%	-3.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.69%	16.56%	-2.87%

FCTHX vs. FSPSX - Expense Ratio Comparison

FCTHX has a 1.71% expense ratio, which is higher than FSPSX's 0.04% expense ratio.

Dividends

FCTHX vs. FSPSX - Dividend Comparison

FCTHX's dividend yield for the trailing twelve months is around 7.23%, more than FSPSX's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCTHX Fidelity Advisor Freedom 2035 Fund Class C	7.23%	7.19%	2.83%	1.08%	9.76%	9.19%	5.79%	6.82%	11.37%	4.16%	4.25%	4.48%
FSPSX Fidelity International Index Fund	2.85%	3.15%	3.27%	2.79%	2.66%	3.07%	1.84%	3.18%	2.79%	2.50%	3.08%	2.79%

Frequently Asked Questions

Can I hold both FCTHX and FSPSX in my portfolio?

FCTHX and FSPSX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCTHX or FSPSX?

FSPSX has higher volatility (4.93%) compared to FCTHX (4.39%). In terms of maximum drawdown, FCTHX dropped -55.17% vs FSPSX's -33.69%.

Which has better risk-adjusted returns?

FCTHX currently has the higher Sharpe Ratio (1.99 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.