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.
Key characteristics
| FDEEX | IVV | |
|---|---|---|
| YTD Return | 15.69% | 25.60% |
| 1Y Return | 27.30% | 37.26% |
| 3Y Return (Ann) | -0.70% | 9.74% |
| 5Y Return (Ann) | 5.51% | 15.74% |
| 10Y Return (Ann) | 5.22% | 13.32% |
| Sharpe Ratio | 2.38 | 3.06 |
| Sortino Ratio | 3.33 | 4.09 |
| Omega Ratio | 1.44 | 1.57 |
| Calmar Ratio | 1.15 | 4.47 |
| Martin Ratio | 15.31 | 20.26 |
| Ulcer Index | 1.78% | 1.86% |
| Daily Std Dev | 11.45% | 12.29% |
| Max Drawdown | -35.11% | -55.25% |
| Current Drawdown | -2.40% | 0.00% |
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
In the year-to-date period, FDEEX achieves a 15.69% return, which is significantly lower than IVV's 25.60% return. Over the past 10 years, FDEEX has underperformed IVV with an annualized return of 5.22%, while IVV has yielded a comparatively higher 13.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 1.08%, less than IVV's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEEX Fidelity Freedom 2055 Fund | 1.08% | 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 | 1.25% | 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 2.82%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.94%. 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.