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:
-0.26
^GSPC:
-0.17
FFBSX:
-0.25
^GSPC:
-0.11
FFBSX:
0.97
^GSPC:
0.98
FFBSX:
-0.28
^GSPC:
-0.15
FFBSX:
-1.34
^GSPC:
-0.79
FFBSX:
2.80%
^GSPC:
3.36%
FFBSX:
14.28%
^GSPC:
15.95%
FFBSX:
-31.65%
^GSPC:
-56.78%
FFBSX:
-13.26%
^GSPC:
-17.42%
Returns By Period
In the year-to-date period, FFBSX achieves a -8.12% return, which is significantly higher than ^GSPC's -13.73% return.
FFBSX
-8.12%
-11.09%
-11.13%
-2.92%
10.18%
N/A
^GSPC
-13.73%
-13.15%
-11.77%
-1.42%
15.35%
9.37%
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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 -31.65%, 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 8.01%, while S&P 500 (^GSPC) has a volatility of 9.30%. 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.