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 | 10.99% | 26.18% |
| 1Y Return | 20.45% | 38.45% |
| 3Y Return (Ann) | 1.93% | 8.73% |
| 5Y Return (Ann) | 6.85% | 15.29% |
| Sharpe Ratio | 2.55 | 3.04 |
| Sortino Ratio | 3.75 | 4.05 |
| Omega Ratio | 1.48 | 1.57 |
| Calmar Ratio | 1.65 | 4.52 |
| Martin Ratio | 16.36 | 19.70 |
| Ulcer Index | 1.25% | 1.95% |
| Daily Std Dev | 8.01% | 12.63% |
| Max Drawdown | -23.85% | -55.21% |
| Current Drawdown | -1.18% | -0.45% |
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 10.99% return, which is significantly lower than ITOT's 26.18% 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 2.12%, more than ITOT's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFEGX Fidelity Freedom Index 2030 Fund Institutional Premium Class | 2.12% | 2.31% | 2.27% | 1.63% | 1.44% | 1.96% | 2.24% | 1.80% | 1.95% | 2.00% | 0.00% | 0.00% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.20% | 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 2.15%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 4.03%. 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.