FDEEX vs. FDEWX
Compare and contrast key facts about Fidelity Freedom 2055 Fund (FDEEX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
FDEEX is managed by Fidelity. It was launched on Jun 1, 2011. FDEWX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEEX or FDEWX.
Performance
FDEEX vs. FDEWX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FDEEX having a 16.40% return and FDEWX slightly lower at 16.19%. Over the past 10 years, FDEEX has underperformed FDEWX with an annualized return of 5.11%, while FDEWX has yielded a comparatively higher 7.60% annualized return.
FDEEX
16.40%
0.80%
6.26%
23.43%
5.57%
5.11%
FDEWX
16.19%
1.14%
7.67%
23.04%
7.71%
7.60%
Key characteristics
| FDEEX | FDEWX | |
|---|---|---|
| Sharpe Ratio | 2.06 | 2.18 |
| Sortino Ratio | 2.86 | 3.01 |
| Omega Ratio | 1.37 | 1.39 |
| Calmar Ratio | 1.15 | 2.77 |
| Martin Ratio | 12.83 | 13.77 |
| Ulcer Index | 1.83% | 1.67% |
| Daily Std Dev | 11.40% | 10.56% |
| Max Drawdown | -35.11% | -34.73% |
| Current Drawdown | -1.80% | -1.03% |
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FDEEX vs. FDEWX - Expense Ratio Comparison
FDEEX has a 0.75% expense ratio, which is higher than FDEWX's 0.12% expense ratio.
Correlation
The correlation between FDEEX and FDEWX is 0.98, 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.
Risk-Adjusted Performance
FDEEX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund (FDEEX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). 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
FDEEX vs. FDEWX - Dividend Comparison
FDEEX's dividend yield for the trailing twelve months is around 1.07%, less than FDEWX's 1.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEEX Fidelity Freedom 2055 Fund | 1.07% | 1.25% | 2.11% | 2.24% | 1.01% | 1.48% | 1.58% | 1.10% | 1.38% | 3.59% | 6.52% | 5.45% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.68% | 1.92% | 1.94% | 1.51% | 1.35% | 1.69% | 2.15% | 1.69% | 2.26% | 2.29% | 1.89% | 1.46% |
Drawdowns
FDEEX vs. FDEWX - Drawdown Comparison
The maximum FDEEX drawdown since its inception was -35.11%, roughly equal to the maximum FDEWX drawdown of -34.73%. Use the drawdown chart below to compare losses from any high point for FDEEX and FDEWX. For additional features, visit the drawdowns tool.
Volatility
FDEEX vs. FDEWX - Volatility Comparison
Fidelity Freedom 2055 Fund (FDEEX) has a higher volatility of 3.12% compared to Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) at 2.87%. This indicates that FDEEX's price experiences larger fluctuations and is considered to be riskier than FDEWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.