FFEDX vs. FFEGX

Last updated Jun 3, 2026

FFEDX (Fidelity Freedom Index 2025 Fund Institutional Premium Class) and FFEGX (Fidelity Freedom Index 2030 Fund Institutional Premium Class) are both Target Retirement Date funds from Fidelity. Over the past 10 years, FFEDX returned 8.02%/yr vs 9.06%/yr for FFEGX. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.08% expense ratio.

Performance

FFEDX vs. FFEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2025 Fund Institutional Premium Class (FFEDX) and Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFEDX achieves a 6.94% return, which is significantly lower than FFEGX's 7.74% return. Over the past 10 years, FFEDX has underperformed FFEGX with an annualized return of 8.02%, while FFEGX has yielded a comparatively higher 9.06% annualized return.

FFEDX

• 1D: 0.19%
• 1M: 2.65%
• YTD: 6.94%
• 6M: 7.59%
• 1Y: 17.72%
• 3Y*: 12.50%
• 5Y*: 5.65%
• 10Y*: 8.02%

FFEGX

• 1D: 0.21%
• 1M: 2.96%
• YTD: 7.74%
• 6M: 8.46%
• 1Y: 19.35%
• 3Y*: 13.68%
• 5Y*: 6.40%
• 10Y*: 9.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FFEDX vs. FFEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFEDX Fidelity Freedom Index 2025 Fund Institutional Premium Class	6.94%	14.93%	8.54%	13.94%	-16.55%	9.63%	13.60%	19.68%	-4.46%	15.20%
FFEGX Fidelity Freedom Index 2030 Fund Institutional Premium Class	7.74%	15.93%	9.55%	15.16%	-16.81%	10.94%	14.38%	22.10%	-5.55%	18.03%

Correlation

The correlation between FFEDX and FFEGX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jun 30, 2015	0.99

The correlation between FFEDX and FFEGX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

FFEDX vs. FFEGX — Risk / Return Rank

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

FFEDX

FFEDX Risk / Return Rank: 70
FFEDX Sharpe Ratio Rank: 72
FFEDX Sortino Ratio Rank: 72
FFEDX Omega Ratio Rank: 72
FFEDX Calmar Ratio Rank: 62
FFEDX Martin Ratio Rank: 69

FFEGX

FFEGX Risk / Return Rank: 70
FFEGX Sharpe Ratio Rank: 73
FFEGX Sortino Ratio Rank: 72
FFEGX Omega Ratio Rank: 71
FFEGX Calmar Ratio Rank: 63
FFEGX Martin Ratio Rank: 70

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.

FFEDX vs. FFEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2025 Fund Institutional Premium Class (FFEDX) and Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX). 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.

	FFEDX	FFEGX	Difference
Sharpe ratio Return per unit of total volatility	2.48	2.48	-0.01
Sortino ratio Return per unit of downside risk	3.56	3.54	+0.02
Omega ratio Gain probability vs. loss probability	1.48	1.47	0.00
Calmar ratio Return relative to maximum drawdown	3.04	3.07	-0.03
Martin ratio Return relative to average drawdown	13.41	13.52	-0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FFEDX vs. FFEGX - Sharpe Ratio Comparison

The current FFEDX Sharpe Ratio is 2.48, which is comparable to the FFEGX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of FFEDX and FFEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FFEDX	FFEGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	2.48	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.62	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.81	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.73	+0.02

Drawdowns

FFEDX vs. FFEGX - Drawdown Comparison

The maximum FFEDX drawdown since its inception was -22.60%, smaller than the maximum FFEGX drawdown of -23.85%. Use the drawdown chart below to compare losses from any high point for FFEDX and FFEGX.

Drawdown Indicators

	FFEDX	FFEGX	Difference
Max Drawdown Largest peak-to-trough decline	-22.60%	-23.85%	+1.25%
Max Drawdown (1Y) Largest decline over 1 year	-5.93%	-6.43%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-8.59%	-9.36%	+0.77%
Max Drawdown (5Y) Largest decline over 5 years	-22.60%	-23.26%	+0.66%
Max Drawdown (10Y) Largest decline over 10 years	-22.60%	-23.85%	+1.25%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.88%	-4.16%	+0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.34%	1.46%	-0.12%

Volatility

FFEDX vs. FFEGX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2025 Fund Institutional Premium Class (FFEDX) is 2.47%, while Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX) has a volatility of 2.65%. This indicates that FFEDX experiences smaller price fluctuations and is considered to be less risky than FFEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFEDX	FFEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	2.65%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	5.92%	6.47%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	7.28%	7.93%	-0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.53%	10.31%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.89%	11.22%	-1.33%

FFEDX vs. FFEGX - Expense Ratio Comparison

Both FFEDX and FFEGX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

FFEDX vs. FFEGX - Dividend Comparison

FFEDX's dividend yield for the trailing twelve months is around 4.35%, more than FFEGX's 3.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFEDX Fidelity Freedom Index 2025 Fund Institutional Premium Class	4.35%	4.95%	3.40%	2.42%	2.69%	2.21%	2.40%	13.80%	2.37%	1.88%	1.94%	1.89%
FFEGX Fidelity Freedom Index 2030 Fund Institutional Premium Class	3.07%	3.37%	2.71%	2.31%	2.45%	2.22%	2.43%	16.77%	2.18%	1.88%	2.00%	2.00%

Frequently Asked Questions

Can I hold both FFEDX and FFEGX in my portfolio?

With a correlation of 0.99, FFEDX and FFEGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FFEDX or FFEGX?

FFEGX has higher volatility (2.65%) compared to FFEDX (2.47%). In terms of maximum drawdown, FFEDX dropped -22.60% vs FFEGX's -23.85%.

Which has better risk-adjusted returns?

FFEGX currently has the higher Sharpe Ratio (2.48 vs 2.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.