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FEGLX vs. FNSHX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FEGLX vs. FNSHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Income Fund Class Z6 (FEGLX) and Fidelity Freedom Income Fund Class K (FNSHX). The values are adjusted to include any dividend payments, if applicable.

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FEGLX vs. FNSHX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FEGLX
Fidelity Advisor Freedom Income Fund Class Z6
0.52%10.34%4.42%8.29%-11.32%3.24%8.90%11.21%-1.67%1.87%
FNSHX
Fidelity Freedom Income Fund Class K
0.63%10.35%4.40%8.26%-11.31%3.16%9.01%10.74%-1.86%0.09%

Returns By Period

In the year-to-date period, FEGLX achieves a 0.52% return, which is significantly lower than FNSHX's 0.63% return.


FEGLX

1D
0.19%
1M
-1.33%
YTD
0.52%
6M
1.53%
1Y
8.06%
3Y*
6.62%
5Y*
2.79%
10Y*

FNSHX

1D
0.18%
1M
-1.28%
YTD
0.63%
6M
1.71%
1Y
8.32%
3Y*
6.59%
5Y*
2.79%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FEGLX vs. FNSHX - Expense Ratio Comparison

FEGLX has a 0.37% expense ratio, which is lower than FNSHX's 0.42% expense ratio.


Return for Risk

FEGLX vs. FNSHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEGLX
FEGLX Risk / Return Rank: 8181
Overall Rank
FEGLX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FEGLX Sortino Ratio Rank: 8282
Sortino Ratio Rank
FEGLX Omega Ratio Rank: 8080
Omega Ratio Rank
FEGLX Calmar Ratio Rank: 7979
Calmar Ratio Rank
FEGLX Martin Ratio Rank: 7979
Martin Ratio Rank

FNSHX
FNSHX Risk / Return Rank: 8383
Overall Rank
FNSHX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FNSHX Sortino Ratio Rank: 8585
Sortino Ratio Rank
FNSHX Omega Ratio Rank: 8181
Omega Ratio Rank
FNSHX Calmar Ratio Rank: 8383
Calmar Ratio Rank
FNSHX Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FEGLX vs. FNSHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class Z6 (FEGLX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.


FEGLXFNSHXDifference

Sharpe ratio

Return per unit of total volatility

1.70

1.74

-0.04

Sortino ratio

Return per unit of downside risk

2.35

2.43

-0.07

Omega ratio

Gain probability vs. loss probability

1.34

1.35

-0.01

Calmar ratio

Return relative to maximum drawdown

2.25

2.37

-0.11

Martin ratio

Return relative to average drawdown

9.17

9.65

-0.48

FEGLX vs. FNSHX - Sharpe Ratio Comparison

The current FEGLX Sharpe Ratio is 1.70, which is comparable to the FNSHX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of FEGLX and FNSHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FEGLXFNSHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.70

1.74

-0.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.53

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.76

+0.06

Correlation

The correlation between FEGLX and FNSHX is 0.97, 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

FEGLX vs. FNSHX - Dividend Comparison

FEGLX's dividend yield for the trailing twelve months is around 3.45%, more than FNSHX's 3.25% yield.


TTM202520242023202220212020201920182017
FEGLX
Fidelity Advisor Freedom Income Fund Class Z6
3.45%3.37%3.35%3.10%6.08%5.38%3.92%3.86%5.76%2.24%
FNSHX
Fidelity Freedom Income Fund Class K
3.25%3.21%3.19%2.98%5.94%6.17%4.43%3.74%5.22%0.00%

Drawdowns

FEGLX vs. FNSHX - Drawdown Comparison

The maximum FEGLX drawdown since its inception was -15.79%, roughly equal to the maximum FNSHX drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for FEGLX and FNSHX.


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Drawdown Indicators


FEGLXFNSHXDifference

Max Drawdown

Largest peak-to-trough decline

-15.79%

-15.87%

+0.08%

Max Drawdown (1Y)

Largest decline over 1 year

-3.76%

-3.68%

-0.08%

Max Drawdown (5Y)

Largest decline over 5 years

-15.79%

-15.87%

+0.08%

Current Drawdown

Current decline from peak

-2.49%

-2.39%

-0.10%

Average Drawdown

Average peak-to-trough decline

-2.95%

-3.09%

+0.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.92%

0.90%

+0.02%

Volatility

FEGLX vs. FNSHX - Volatility Comparison

Fidelity Advisor Freedom Income Fund Class Z6 (FEGLX) and Fidelity Freedom Income Fund Class K (FNSHX) have volatilities of 2.30% and 2.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FEGLXFNSHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.30%

2.36%

-0.06%

Volatility (6M)

Calculated over the trailing 6-month period

3.23%

3.30%

-0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

4.79%

4.89%

-0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.27%

5.26%

+0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.78%

4.81%

-0.03%