FDEEX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom 2055 Fund (FDEEX) and Fidelity 500 Index Fund (FXAIX).
FDEEX is managed by Fidelity. It was launched on Jun 1, 2011. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEEX or FXAIX.
Performance
FDEEX vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, FDEEX achieves a 16.40% return, which is significantly lower than FXAIX's 26.70% return. Over the past 10 years, FDEEX has underperformed FXAIX with an annualized return of 5.11%, while FXAIX has yielded a comparatively higher 13.12% annualized return.
FDEEX
16.40%
0.80%
6.26%
23.43%
5.57%
5.11%
FXAIX
26.70%
3.09%
13.28%
32.84%
15.78%
13.12%
Key characteristics
| FDEEX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 2.06 | 2.68 |
| Sortino Ratio | 2.86 | 3.58 |
| Omega Ratio | 1.37 | 1.50 |
| Calmar Ratio | 1.15 | 3.89 |
| Martin Ratio | 12.83 | 17.48 |
| Ulcer Index | 1.83% | 1.88% |
| Daily Std Dev | 11.40% | 12.24% |
| Max Drawdown | -35.11% | -33.79% |
| Current Drawdown | -1.80% | -0.46% |
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FDEEX vs. FXAIX - Expense Ratio Comparison
FDEEX has a 0.75% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Correlation
The correlation between FDEEX and FXAIX is 0.93, 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. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund (FDEEX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
FDEEX's dividend yield for the trailing twelve months is around 1.07%, less than FXAIX's 1.21% 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% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FDEEX vs. FXAIX - Drawdown Comparison
The maximum FDEEX drawdown since its inception was -35.11%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FDEEX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FDEEX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund (FDEEX) is 3.12%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.96%. This indicates that FDEEX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.