FDETX vs. FAFFX
Compare and contrast key facts about Fidelity Advisor Capital Development Fund Class O (FDETX) and Fidelity Advisor Freedom 2040 Fund Class A (FAFFX).
FDETX is managed by Fidelity. It was launched on Dec 30, 1985. FAFFX is managed by Fidelity. It was launched on Jul 24, 2003.
Performance
FDETX vs. FAFFX - Performance Comparison
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FDETX vs. FAFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDETX Fidelity Advisor Capital Development Fund Class O | -5.03% | 27.60% | 27.07% | 24.20% | -8.00% | 25.32% | 9.12% | 31.39% | -9.09% | 16.45% |
FAFFX Fidelity Advisor Freedom 2040 Fund Class A | -3.44% | 21.14% | 12.60% | 18.39% | -18.31% | 15.78% | 17.18% | 26.41% | -8.48% | 21.35% |
Returns By Period
In the year-to-date period, FDETX achieves a -5.03% return, which is significantly lower than FAFFX's -3.44% return. Over the past 10 years, FDETX has outperformed FAFFX with an annualized return of 14.66%, while FAFFX has yielded a comparatively lower 10.15% annualized return.
FDETX
- 1D
- -0.61%
- 1M
- -8.06%
- YTD
- -5.03%
- 6M
- -0.14%
- 1Y
- 24.08%
- 3Y*
- 21.48%
- 5Y*
- 14.54%
- 10Y*
- 14.66%
FAFFX
- 1D
- -0.17%
- 1M
- -8.40%
- YTD
- -3.44%
- 6M
- -0.64%
- 1Y
- 16.21%
- 3Y*
- 13.64%
- 5Y*
- 6.99%
- 10Y*
- 10.15%
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FDETX vs. FAFFX - Expense Ratio Comparison
FDETX has a 0.56% expense ratio, which is lower than FAFFX's 1.00% expense ratio.
Return for Risk
FDETX vs. FAFFX — Risk / Return Rank
FDETX
FAFFX
FDETX vs. FAFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Capital Development Fund Class O (FDETX) and Fidelity Advisor Freedom 2040 Fund Class A (FAFFX). 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.
| FDETX | FAFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 1.13 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.90 | 1.62 | +0.28 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.42 | +0.36 |
Martin ratioReturn relative to average drawdown | 8.19 | 6.31 | +1.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDETX | FAFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.13 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.49 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.67 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.42 | +0.21 |
Correlation
The correlation between FDETX and FAFFX is 0.92, 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.
Dividends
FDETX vs. FAFFX - Dividend Comparison
FDETX's dividend yield for the trailing twelve months is around 10.89%, more than FAFFX's 7.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDETX Fidelity Advisor Capital Development Fund Class O | 10.89% | 10.34% | 8.95% | 4.39% | 5.66% | 5.63% | 4.47% | 7.46% | 15.81% | 5.34% | 2.92% | 5.97% |
FAFFX Fidelity Advisor Freedom 2040 Fund Class A | 7.34% | 7.09% | 2.61% | 1.16% | 10.83% | 9.81% | 5.79% | 6.93% | 11.85% | 5.16% | 4.77% | 4.04% |
Drawdowns
FDETX vs. FAFFX - Drawdown Comparison
The maximum FDETX drawdown since its inception was -66.86%, which is greater than FAFFX's maximum drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for FDETX and FAFFX.
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Drawdown Indicators
| FDETX | FAFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.86% | -56.14% | -10.72% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -10.27% | -2.15% |
Max Drawdown (5Y)Largest decline over 5 years | -21.72% | -27.41% | +5.69% |
Max Drawdown (10Y)Largest decline over 10 years | -36.61% | -31.28% | -5.33% |
Current DrawdownCurrent decline from peak | -9.64% | -8.87% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -11.26% | -7.85% | -3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.31% | +0.39% |
Volatility
FDETX vs. FAFFX - Volatility Comparison
The current volatility for Fidelity Advisor Capital Development Fund Class O (FDETX) is 4.48%, while Fidelity Advisor Freedom 2040 Fund Class A (FAFFX) has a volatility of 5.05%. This indicates that FDETX experiences smaller price fluctuations and is considered to be less risky than FAFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDETX | FAFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 5.05% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 9.55% | 8.47% | +1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.39% | 14.33% | +4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.56% | 14.21% | +3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.82% | 15.13% | +3.69% |