FDEWX vs. VOO
Compare and contrast key facts about Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) and Vanguard S&P 500 ETF (VOO).
FDEWX 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: FDEWX or VOO.
Correlation
The correlation between FDEWX and VOO 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. VOO - Performance Comparison
Key characteristics
FDEWX:
1.56
VOO:
2.21
FDEWX:
2.15
VOO:
2.93
FDEWX:
1.28
VOO:
1.41
FDEWX:
2.42
VOO:
3.25
FDEWX:
9.70
VOO:
14.47
FDEWX:
1.73%
VOO:
1.90%
FDEWX:
10.75%
VOO:
12.43%
FDEWX:
-34.73%
VOO:
-33.99%
FDEWX:
-3.53%
VOO:
-2.87%
Returns By Period
In the year-to-date period, FDEWX achieves a 14.61% return, which is significantly lower than VOO's 25.49% return. Over the past 10 years, FDEWX has underperformed VOO with an annualized return of 7.52%, while VOO has yielded a comparatively higher 13.04% annualized return.
FDEWX
14.61%
-0.55%
5.14%
15.58%
6.71%
7.52%
VOO
25.49%
0.01%
8.65%
27.45%
14.70%
13.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDEWX vs. VOO - Expense Ratio Comparison
FDEWX has a 0.12% expense ratio, which is higher than VOO's 0.03% 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. VOO - 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 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
FDEWX vs. VOO - Dividend Comparison
FDEWX's dividend yield for the trailing twelve months is around 1.71%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.71% | 1.92% | 1.94% | 1.51% | 1.35% | 1.69% | 2.15% | 1.69% | 2.26% | 2.29% | 1.89% | 1.46% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FDEWX vs. VOO - Drawdown Comparison
The maximum FDEWX drawdown since its inception was -34.73%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FDEWX and VOO. For additional features, visit the drawdowns tool.
Volatility
FDEWX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) is 3.24%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.64%. This indicates that FDEWX 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.