FFBSX vs. ^GSPC
Compare and contrast key facts about Fidelity Freedom Blend 2065 Fund (FFBSX) and S&P 500 (^GSPC).
FFBSX is managed by Fidelity. It was launched on Jun 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFBSX or ^GSPC.
Correlation
The correlation between FFBSX and ^GSPC is 0.93, 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
FFBSX vs. ^GSPC - Performance Comparison
Key characteristics
FFBSX:
0.50
^GSPC:
0.46
FFBSX:
0.81
^GSPC:
0.77
FFBSX:
1.11
^GSPC:
1.11
FFBSX:
0.53
^GSPC:
0.47
FFBSX:
2.35
^GSPC:
1.94
FFBSX:
3.52%
^GSPC:
4.61%
FFBSX:
16.69%
^GSPC:
19.44%
FFBSX:
-31.28%
^GSPC:
-56.78%
FFBSX:
-5.88%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, FFBSX achieves a -0.30% return, which is significantly higher than ^GSPC's -6.06% return.
FFBSX
-0.30%
-0.30%
-1.59%
7.92%
11.99%
N/A
^GSPC
-6.06%
-1.00%
-4.87%
8.34%
14.11%
10.27%
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Risk-Adjusted Performance
FFBSX vs. ^GSPC — Risk-Adjusted Performance Rank
FFBSX
^GSPC
FFBSX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2065 Fund (FFBSX) and S&P 500 (^GSPC). 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.
Drawdowns
FFBSX vs. ^GSPC - Drawdown Comparison
The maximum FFBSX drawdown since its inception was -31.28%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FFBSX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FFBSX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Freedom Blend 2065 Fund (FFBSX) is 11.69%, while S&P 500 (^GSPC) has a volatility of 14.23%. This indicates that FFBSX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.