FDCFX vs. FISNX

Last updated Jun 4, 2026

FDCFX (Fidelity Advisor Freedom 2020 Fund Class C) and FISNX (Fidelity Flex Freedom Blend 2010 Fund) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FDCFX returned 3.81%/yr vs 4.06%/yr for FISNX. With a 0.96 correlation, they move nearly in lockstep. FDCFX charges 1.58%/yr vs 0.00%/yr for FISNX.

Performance

FDCFX vs. FISNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) and Fidelity Flex Freedom Blend 2010 Fund (FISNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDCFX achieves a 6.15% return, which is significantly higher than FISNX's 5.70% return.

FDCFX

• 1D: 0.32%
• 1M: 2.38%
• YTD: 6.15%
• 6M: 6.66%
• 1Y: 14.93%
• 3Y*: 10.47%
• 5Y*: 3.81%
• 10Y*: 6.41%

FISNX

• 1D: 0.28%
• 1M: 2.07%
• YTD: 5.70%
• 6M: 6.03%
• 1Y: 13.22%
• 3Y*: 9.44%
• 5Y*: 4.06%
• 10Y*: —

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

FDCFX vs. FISNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDCFX Fidelity Advisor Freedom 2020 Fund Class C	6.15%	13.47%	6.05%	11.14%	-16.84%	7.64%	12.30%	17.51%	-5.79%	6.21%
FISNX Fidelity Flex Freedom Blend 2010 Fund	5.70%	11.53%	5.63%	10.21%	-13.01%	5.62%	10.81%	14.65%	-3.42%	5.51%

Correlation

The correlation between FDCFX and FISNX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jun 16, 2017	0.96

The correlation between FDCFX and FISNX has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

Return for Risk

FDCFX vs. FISNX — Risk / Return Rank

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

FDCFX

FDCFX Risk / Return Rank: 54
FDCFX Sharpe Ratio Rank: 52
FDCFX Sortino Ratio Rank: 53
FDCFX Omega Ratio Rank: 58
FDCFX Calmar Ratio Rank: 49
FDCFX Martin Ratio Rank: 57

FISNX

FISNX Risk / Return Rank: 80
FISNX Sharpe Ratio Rank: 82
FISNX Sortino Ratio Rank: 82
FISNX Omega Ratio Rank: 83
FISNX Calmar Ratio Rank: 75
FISNX Martin Ratio Rank: 79

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.

FDCFX vs. FISNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) and Fidelity Flex Freedom Blend 2010 Fund (FISNX). 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.

	FDCFX	FISNX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.68	-0.53
Sortino ratio: Return per unit of downside risk	3.07	3.91	-0.84
Omega ratio: Gain probability vs. loss probability	1.42	1.55	-0.13
Calmar ratio: Return relative to maximum drawdown	2.66	3.41	-0.75
Martin ratio: Return relative to average drawdown	11.43	14.81	-3.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDCFX vs. FISNX - Sharpe Ratio Comparison

The current FDCFX Sharpe Ratio is 2.14, which is comparable to the FISNX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of FDCFX and FISNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDCFX	FISNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	2.68	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.64	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.88	-0.46

Drawdowns

FDCFX vs. FISNX - Drawdown Comparison

The maximum FDCFX drawdown since its inception was -47.97%, which is greater than FISNX's maximum drawdown of -18.11%. Use the drawdown chart below to compare losses from any high point for FDCFX and FISNX.

Drawdown Indicators

	FDCFX	FISNX	Difference
Max Drawdown Largest peak-to-trough decline	-47.97%	-18.11%	-29.86%
Max Drawdown (1Y) Largest decline over 1 year	-5.67%	-3.91%	-1.76%
Max Drawdown (3Y) Largest decline over 3 years	-7.95%	-5.77%	-2.18%
Max Drawdown (5Y) Largest decline over 5 years	-23.25%	-18.11%	-5.14%
Max Drawdown (10Y) Largest decline over 10 years	-23.25%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.03%	-3.46%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.32%	0.90%	+0.42%

Volatility

FDCFX vs. FISNX - Volatility Comparison

Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) has a higher volatility of 2.67% compared to Fidelity Flex Freedom Blend 2010 Fund (FISNX) at 1.99%. This indicates that FDCFX's price experiences larger fluctuations and is considered to be riskier than FISNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDCFX	FISNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	1.99%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	5.90%	4.18%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	7.04%	4.98%	+2.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.88%	6.42%	+2.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.05%	6.42%	+2.63%

FDCFX vs. FISNX - Expense Ratio Comparison

FDCFX has a 1.58% expense ratio, which is higher than FISNX's 0.00% expense ratio.

Dividends

FDCFX vs. FISNX - Dividend Comparison

FDCFX's dividend yield for the trailing twelve months is around 7.09%, more than FISNX's 4.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDCFX Fidelity Advisor Freedom 2020 Fund Class C	7.09%	7.04%	3.91%	1.54%	8.31%	10.14%	6.37%	6.02%	8.67%	5.15%	3.63%	3.32%
FISNX Fidelity Flex Freedom Blend 2010 Fund	4.01%	3.68%	4.39%	3.17%	5.92%	6.53%	3.63%	5.29%	5.20%	2.34%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDCFX and FISNX in my portfolio?

With a correlation of 0.96, FDCFX and FISNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDCFX or FISNX?

FDCFX has higher volatility (2.67%) compared to FISNX (1.99%). In terms of maximum drawdown, FDCFX dropped -47.97% vs FISNX's -18.11%.

Which has better risk-adjusted returns?

FISNX currently has the higher Sharpe Ratio (2.68 vs 2.14), 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.