FFEGX vs. SPYV
Compare and contrast key facts about Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX) and SPDR Portfolio S&P 500 Value ETF (SPYV).
FFEGX is managed by Fidelity. It was launched on Oct 2, 2009. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFEGX or SPYV.
Correlation
The correlation between FFEGX and SPYV is 0.85, 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. SPYV - Performance Comparison
Key characteristics
FFEGX:
1.43
SPYV:
1.44
FFEGX:
2.01
SPYV:
2.07
FFEGX:
1.26
SPYV:
1.26
FFEGX:
1.69
SPYV:
1.93
FFEGX:
8.28
SPYV:
7.16
FFEGX:
1.36%
SPYV:
2.04%
FFEGX:
7.91%
SPYV:
10.12%
FFEGX:
-23.85%
SPYV:
-58.45%
FFEGX:
-2.38%
SPYV:
-5.48%
Returns By Period
In the year-to-date period, FFEGX achieves a 10.67% return, which is significantly lower than SPYV's 13.89% return.
FFEGX
10.67%
-0.33%
4.19%
11.29%
6.09%
N/A
SPYV
13.89%
-4.44%
7.35%
14.60%
10.80%
9.97%
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. SPYV - Expense Ratio Comparison
FFEGX has a 0.08% expense ratio, which is higher than SPYV'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%.
Risk-Adjusted Performance
FFEGX vs. SPYV - 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 SPDR Portfolio S&P 500 Value ETF (SPYV). 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. SPYV - Dividend Comparison
FFEGX's dividend yield for the trailing twelve months is around 2.13%, less than SPYV's 2.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFEGX Fidelity Freedom Index 2030 Fund Institutional Premium Class | 2.13% | 2.31% | 2.27% | 1.63% | 1.44% | 1.96% | 2.24% | 1.80% | 1.95% | 2.00% | 0.00% | 0.00% |
SPYV SPDR Portfolio S&P 500 Value ETF | 2.25% | 1.75% | 2.23% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% | 1.96% |
Drawdowns
FFEGX vs. SPYV - Drawdown Comparison
The maximum FFEGX drawdown since its inception was -23.85%, smaller than the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for FFEGX and SPYV. For additional features, visit the drawdowns tool.
Volatility
FFEGX vs. SPYV - Volatility Comparison
The current volatility for Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX) is 2.55%, while SPDR Portfolio S&P 500 Value ETF (SPYV) has a volatility of 3.27%. This indicates that FFEGX experiences smaller price fluctuations and is considered to be less risky than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.