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FFEGX vs. FSPGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFEGX and FSPGX is 0.87, 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.


-0.50.00.51.00.9

Performance

FFEGX vs. FSPGX - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
3.90%
14.07%
FFEGX
FSPGX

Key characteristics

Sharpe Ratio

FFEGX:

1.37

FSPGX:

2.10

Sortino Ratio

FFEGX:

1.93

FSPGX:

2.71

Omega Ratio

FFEGX:

1.25

FSPGX:

1.38

Calmar Ratio

FFEGX:

1.62

FSPGX:

2.76

Martin Ratio

FFEGX:

7.98

FSPGX:

10.73

Ulcer Index

FFEGX:

1.36%

FSPGX:

3.38%

Daily Std Dev

FFEGX:

7.92%

FSPGX:

17.28%

Max Drawdown

FFEGX:

-23.85%

FSPGX:

-32.66%

Current Drawdown

FFEGX:

-2.85%

FSPGX:

-2.05%

Returns By Period

In the year-to-date period, FFEGX achieves a 10.14% return, which is significantly lower than FSPGX's 36.03% return.


FFEGX

YTD

10.14%

1M

-0.81%

6M

3.90%

1Y

10.76%

5Y*

6.04%

10Y*

N/A

FSPGX

YTD

36.03%

1M

4.07%

6M

14.07%

1Y

36.19%

5Y*

19.53%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FFEGX vs. FSPGX - Expense Ratio Comparison

FFEGX has a 0.08% expense ratio, which is higher than FSPGX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FFEGX
Fidelity Freedom Index 2030 Fund Institutional Premium Class
Expense ratio chart for FFEGX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for FSPGX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

FFEGX vs. FSPGX - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for FFEGX, currently valued at 1.37, compared to the broader market-1.000.001.002.003.004.001.372.10
The chart of Sortino ratio for FFEGX, currently valued at 1.93, compared to the broader market-2.000.002.004.006.008.0010.001.932.71
The chart of Omega ratio for FFEGX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.38
The chart of Calmar ratio for FFEGX, currently valued at 1.62, compared to the broader market0.002.004.006.008.0010.0012.001.622.76
The chart of Martin ratio for FFEGX, currently valued at 7.98, compared to the broader market0.0020.0040.0060.007.9810.73
FFEGX
FSPGX

The current FFEGX Sharpe Ratio is 1.37, which is lower than the FSPGX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of FFEGX and FSPGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.37
2.10
FFEGX
FSPGX

Dividends

FFEGX vs. FSPGX - Dividend Comparison

FFEGX's dividend yield for the trailing twelve months is around 2.14%, more than FSPGX's 0.03% yield.


TTM202320222021202020192018201720162015
FFEGX
Fidelity Freedom Index 2030 Fund Institutional Premium Class
2.14%2.31%2.27%1.63%1.44%1.96%2.24%1.80%1.95%2.00%
FSPGX
Fidelity Large Cap Growth Index Fund
0.03%0.73%0.86%0.54%0.74%0.99%1.14%0.99%0.30%0.00%

Drawdowns

FFEGX vs. FSPGX - Drawdown Comparison

The maximum FFEGX drawdown since its inception was -23.85%, smaller than the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FFEGX and FSPGX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.85%
-2.05%
FFEGX
FSPGX

Volatility

FFEGX vs. FSPGX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX) is 2.53%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.02%. This indicates that FFEGX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
2.53%
5.02%
FFEGX
FSPGX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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