FDEWX vs. LIVIX
Compare and contrast key facts about Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) and BlackRock LifePath Index 2055 Fund (LIVIX).
FDEWX is managed by Fidelity. It was launched on Jun 1, 2011. LIVIX is managed by Blackrock. It was launched on May 30, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEWX or LIVIX.
Correlation
The correlation between FDEWX and LIVIX 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. LIVIX - Performance Comparison
Key characteristics
FDEWX:
0.63
LIVIX:
0.55
FDEWX:
0.98
LIVIX:
0.89
FDEWX:
1.14
LIVIX:
1.13
FDEWX:
0.67
LIVIX:
0.58
FDEWX:
3.04
LIVIX:
2.63
FDEWX:
3.24%
LIVIX:
3.69%
FDEWX:
15.71%
LIVIX:
17.56%
FDEWX:
-34.73%
LIVIX:
-34.44%
FDEWX:
-5.42%
LIVIX:
-6.62%
Returns By Period
In the year-to-date period, FDEWX achieves a -0.33% return, which is significantly higher than LIVIX's -1.50% return. Over the past 10 years, FDEWX has underperformed LIVIX with an annualized return of 7.01%, while LIVIX has yielded a comparatively higher 8.30% annualized return.
FDEWX
-0.33%
-1.57%
-1.06%
9.46%
11.25%
7.01%
LIVIX
-1.50%
-1.94%
-2.08%
9.25%
12.78%
8.30%
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FDEWX vs. LIVIX - Expense Ratio Comparison
FDEWX has a 0.12% expense ratio, which is higher than LIVIX's 0.10% 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. LIVIX — Risk-Adjusted Performance Rank
FDEWX
LIVIX
FDEWX vs. LIVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) and BlackRock LifePath Index 2055 Fund (LIVIX). 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. LIVIX - Dividend Comparison
FDEWX's dividend yield for the trailing twelve months is around 1.98%, less than LIVIX's 2.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.98% | 1.97% | 1.92% | 1.94% | 1.51% | 1.35% | 1.69% | 2.15% | 1.69% | 2.26% | 2.29% | 1.89% |
LIVIX BlackRock LifePath Index 2055 Fund | 2.08% | 2.04% | 2.04% | 1.83% | 1.99% | 1.56% | 2.61% | 2.34% | 2.27% | 2.17% | 2.33% | 2.14% |
Drawdowns
FDEWX vs. LIVIX - Drawdown Comparison
The maximum FDEWX drawdown since its inception was -34.73%, roughly equal to the maximum LIVIX drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for FDEWX and LIVIX. For additional features, visit the drawdowns tool.
Volatility
FDEWX vs. LIVIX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) is 11.20%, while BlackRock LifePath Index 2055 Fund (LIVIX) has a volatility of 12.74%. This indicates that FDEWX experiences smaller price fluctuations and is considered to be less risky than LIVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.