FDEEX vs. VOO
Compare and contrast key facts about Fidelity Freedom 2055 Fund (FDEEX) and Vanguard S&P 500 ETF (VOO).
FDEEX is managed by Fidelity. It was launched on Jun 1, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEEX or VOO.
Correlation
The correlation between FDEEX and VOO 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. VOO - Performance Comparison
Key characteristics
FDEEX:
1.39
VOO:
2.22
FDEEX:
1.94
VOO:
2.95
FDEEX:
1.25
VOO:
1.42
FDEEX:
0.91
VOO:
3.27
FDEEX:
8.35
VOO:
14.57
FDEEX:
1.91%
VOO:
1.90%
FDEEX:
11.56%
VOO:
12.47%
FDEEX:
-35.11%
VOO:
-33.99%
FDEEX:
-3.50%
VOO:
-1.77%
Returns By Period
In the year-to-date period, FDEEX achieves a 15.05% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, FDEEX has underperformed VOO with an annualized return of 5.02%, while VOO has yielded a comparatively higher 13.12% annualized return.
FDEEX
15.05%
-1.15%
4.49%
15.91%
4.49%
5.02%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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FDEEX vs. VOO - Expense Ratio Comparison
FDEEX has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FDEEX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund (FDEEX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FDEEX's dividend yield for the trailing twelve months is around 1.09%, less than VOO's 1.23% 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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FDEEX vs. VOO - Drawdown Comparison
The maximum FDEEX drawdown since its inception was -35.11%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FDEEX and VOO. For additional features, visit the drawdowns tool.
Volatility
FDEEX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund (FDEEX) is 3.37%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.78%. This indicates that FDEEX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.