FDEWX vs. ESGV
Compare and contrast key facts about Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) and Vanguard ESG U.S. Stock ETF (ESGV).
FDEWX is managed by Fidelity. It was launched on Jun 1, 2011. ESGV is a passively managed fund by Vanguard that tracks the performance of the FTSE US All Cap Choice Index. It was launched on Sep 18, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEWX or ESGV.
Key characteristics
| FDEWX | ESGV | |
|---|---|---|
| YTD Return | 13.30% | 17.93% |
| 1Y Return | 21.57% | 29.09% |
| 3Y Return (Ann) | 4.74% | 7.72% |
| 5Y Return (Ann) | 10.00% | 15.13% |
| Sharpe Ratio | 1.92 | 1.96 |
| Daily Std Dev | 11.31% | 13.97% |
| Max Drawdown | -30.69% | -33.66% |
| Current Drawdown | -0.51% | -0.98% |
Correlation
The correlation between FDEWX and ESGV is 0.95, 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
FDEWX vs. ESGV - Performance Comparison
In the year-to-date period, FDEWX achieves a 13.30% return, which is significantly lower than ESGV's 17.93% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDEWX vs. ESGV - Expense Ratio Comparison
FDEWX has a 0.12% expense ratio, which is higher than ESGV's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FDEWX vs. ESGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) and Vanguard ESG U.S. Stock ETF (ESGV). 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
FDEWX vs. ESGV - Dividend Comparison
FDEWX's dividend yield for the trailing twelve months is around 1.73%, more than ESGV's 0.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.73% | 1.92% | 2.24% | 1.89% | 1.85% | 10.83% | 2.39% | 1.93% | 2.42% | 2.31% | 1.89% | 1.46% |
ESGV Vanguard ESG U.S. Stock ETF | 0.85% | 1.16% | 1.42% | 0.95% | 1.11% | 1.27% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDEWX vs. ESGV - Drawdown Comparison
The maximum FDEWX drawdown since its inception was -30.69%, smaller than the maximum ESGV drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for FDEWX and ESGV. For additional features, visit the drawdowns tool.
Volatility
FDEWX vs. ESGV - Volatility Comparison
The current volatility for Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) is 3.58%, while Vanguard ESG U.S. Stock ETF (ESGV) has a volatility of 4.39%. This indicates that FDEWX experiences smaller price fluctuations and is considered to be less risky than ESGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.