FELSX vs. QQQ
Compare and contrast key facts about Fidelity Flex Freedom Blend 2025 Fund (FELSX) and Invesco QQQ (QQQ).
FELSX is managed by Fidelity. It was launched on Jun 8, 2017. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FELSX or QQQ.
Correlation
The correlation between FELSX and QQQ is 0.80, 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
FELSX vs. QQQ - Performance Comparison
Key characteristics
FELSX:
1.09
QQQ:
1.30
FELSX:
1.54
QQQ:
1.78
FELSX:
1.20
QQQ:
1.24
FELSX:
1.01
QQQ:
1.76
FELSX:
4.39
QQQ:
6.08
FELSX:
2.01%
QQQ:
3.92%
FELSX:
8.14%
QQQ:
18.35%
FELSX:
-26.03%
QQQ:
-82.98%
FELSX:
-2.30%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, FELSX achieves a 3.26% return, which is significantly higher than QQQ's 2.90% return.
FELSX
3.26%
1.09%
0.02%
7.92%
3.52%
N/A
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FELSX vs. QQQ - Expense Ratio Comparison
FELSX has a 0.00% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, 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
FELSX vs. QQQ — Risk-Adjusted Performance Rank
FELSX
QQQ
FELSX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2025 Fund (FELSX) and Invesco QQQ (QQQ). 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
FELSX vs. QQQ - Dividend Comparison
FELSX's dividend yield for the trailing twelve months is around 2.92%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELSX Fidelity Flex Freedom Blend 2025 Fund | 2.92% | 3.01% | 2.83% | 3.30% | 2.37% | 1.57% | 2.33% | 2.59% | 1.53% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FELSX vs. QQQ - Drawdown Comparison
The maximum FELSX drawdown since its inception was -26.03%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FELSX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FELSX vs. QQQ - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2025 Fund (FELSX) is 2.03%, while Invesco QQQ (QQQ) has a volatility of 5.02%. This indicates that FELSX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.