FDEEX vs. IVV
Compare and contrast key facts about Fidelity Freedom 2055 Fund (FDEEX) and iShares Core S&P 500 ETF (IVV).
FDEEX is managed by Fidelity. It was launched on Jun 1, 2011. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEEX or IVV.
Correlation
The correlation between FDEEX and IVV 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.
Performance
FDEEX vs. IVV - Performance Comparison
Key characteristics
FDEEX:
1.44
IVV:
2.25
FDEEX:
2.01
IVV:
2.98
FDEEX:
1.26
IVV:
1.42
FDEEX:
0.95
IVV:
3.32
FDEEX:
8.76
IVV:
14.68
FDEEX:
1.90%
IVV:
1.90%
FDEEX:
11.58%
IVV:
12.43%
FDEEX:
-35.11%
IVV:
-55.25%
FDEEX:
-4.03%
IVV:
-2.52%
Returns By Period
In the year-to-date period, FDEEX achieves a 14.42% return, which is significantly lower than IVV's 25.92% return. Over the past 10 years, FDEEX has underperformed IVV with an annualized return of 5.00%, while IVV has yielded a comparatively higher 13.05% annualized return.
FDEEX
14.42%
-0.92%
3.98%
15.35%
4.42%
5.00%
IVV
25.92%
0.33%
9.27%
26.64%
14.77%
13.05%
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FDEEX vs. IVV - Expense Ratio Comparison
FDEEX has a 0.75% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
FDEEX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund (FDEEX) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
FDEEX's dividend yield for the trailing twelve months is around 1.09%, less than IVV's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEEX Fidelity Freedom 2055 Fund | 1.09% | 1.25% | 2.11% | 2.24% | 1.01% | 1.48% | 1.58% | 1.10% | 1.38% | 3.59% | 6.52% | 5.45% |
IVV iShares Core S&P 500 ETF | 1.29% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
FDEEX vs. IVV - Drawdown Comparison
The maximum FDEEX drawdown since its inception was -35.11%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FDEEX and IVV. For additional features, visit the drawdowns tool.
Volatility
FDEEX vs. IVV - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund (FDEEX) is 3.35%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.75%. This indicates that FDEEX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.