FDEEX vs. FFLDX
Compare and contrast key facts about Fidelity Freedom 2055 Fund (FDEEX) and Fidelity Freedom Index 2055 Fund (FFLDX).
FDEEX is managed by Fidelity. It was launched on Jun 1, 2011. FFLDX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEEX or FFLDX.
Key characteristics
| FDEEX | FFLDX | |
|---|---|---|
| YTD Return | 17.95% | 17.35% |
| 1Y Return | 29.39% | 28.58% |
| 3Y Return (Ann) | -0.11% | 4.99% |
| 5Y Return (Ann) | 5.98% | 10.38% |
| Sharpe Ratio | 2.66 | 2.81 |
| Sortino Ratio | 3.67 | 3.94 |
| Omega Ratio | 1.49 | 1.52 |
| Calmar Ratio | 1.32 | 2.90 |
| Martin Ratio | 17.15 | 18.49 |
| Ulcer Index | 1.78% | 1.61% |
| Daily Std Dev | 11.51% | 10.60% |
| Max Drawdown | -35.11% | -30.72% |
| Current Drawdown | -0.49% | -0.09% |
Correlation
The correlation between FDEEX and FFLDX is 0.97, 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
FDEEX vs. FFLDX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FDEEX having a 17.95% return and FFLDX slightly lower at 17.35%. 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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FDEEX vs. FFLDX - Expense Ratio Comparison
FDEEX has a 0.75% expense ratio, which is higher than FFLDX's 0.08% expense ratio.
Risk-Adjusted Performance
FDEEX vs. FFLDX - 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 (FFLDX). 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. FFLDX - Dividend Comparison
FDEEX's dividend yield for the trailing twelve months is around 1.06%, less than FFLDX's 1.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEEX Fidelity Freedom 2055 Fund | 1.06% | 1.25% | 2.11% | 2.24% | 1.01% | 1.48% | 1.58% | 1.10% | 1.38% | 3.59% | 6.52% | 5.45% |
FFLDX Fidelity Freedom Index 2055 Fund | 1.70% | 1.96% | 1.98% | 1.61% | 1.39% | 1.71% | 2.20% | 1.73% | 2.26% | 2.30% | 0.00% | 0.00% |
Drawdowns
FDEEX vs. FFLDX - Drawdown Comparison
The maximum FDEEX drawdown since its inception was -35.11%, which is greater than FFLDX's maximum drawdown of -30.72%. Use the drawdown chart below to compare losses from any high point for FDEEX and FFLDX. For additional features, visit the drawdowns tool.
Volatility
FDEEX vs. FFLDX - Volatility Comparison
Fidelity Freedom 2055 Fund (FDEEX) has a higher volatility of 3.12% compared to Fidelity Freedom Index 2055 Fund (FFLDX) at 2.90%. This indicates that FDEEX's price experiences larger fluctuations and is considered to be riskier than FFLDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.