FFEGX vs. ITOT
Compare and contrast key facts about Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
FFEGX is managed by Fidelity. It was launched on Oct 2, 2009. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFEGX or ITOT.
Key characteristics
FFEGX | ITOT | |
---|---|---|
YTD Return | 11.62% | 19.69% |
1Y Return | 19.79% | 31.05% |
3Y Return (Ann) | 3.33% | 9.51% |
5Y Return (Ann) | 7.44% | 14.88% |
Sharpe Ratio | 2.24 | 2.27 |
Daily Std Dev | 8.62% | 13.16% |
Max Drawdown | -23.85% | -55.21% |
Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FFEGX and ITOT is 0.94, 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
FFEGX vs. ITOT - Performance Comparison
In the year-to-date period, FFEGX achieves a 11.62% return, which is significantly lower than ITOT's 19.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFEGX vs. ITOT - Expense Ratio Comparison
FFEGX has a 0.08% expense ratio, which is higher than ITOT's 0.03% 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%.
Risk-Adjusted Performance
FFEGX vs. ITOT - 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 iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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
FFEGX vs. ITOT - Dividend Comparison
FFEGX's dividend yield for the trailing twelve months is around 2.11%, more than ITOT's 1.25% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Freedom Index 2030 Fund Institutional Premium Class | 2.11% | 2.31% | 2.45% | 2.22% | 2.43% | 16.77% | 2.32% | 1.88% | 2.00% | 2.00% | 0.00% | 0.00% |
iShares Core S&P Total U.S. Stock Market ETF | 1.25% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% | 2.06% |
Drawdowns
FFEGX vs. ITOT - Drawdown Comparison
The maximum FFEGX drawdown since its inception was -23.85%, smaller than the maximum ITOT drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for FFEGX and ITOT. For additional features, visit the drawdowns tool.
Volatility
FFEGX vs. ITOT - Volatility Comparison
The current volatility for Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX) is 2.57%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 4.34%. This indicates that FFEGX experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.