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FFEZX vs. FFGZX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FFEZXFFGZX
YTD Return13.82%5.89%
1Y Return24.03%11.79%
3Y Return (Ann)3.09%0.46%
5Y Return (Ann)8.51%1.51%
Sharpe Ratio2.832.65
Sortino Ratio4.064.08
Omega Ratio1.541.51
Calmar Ratio2.081.23
Martin Ratio18.3615.31
Ulcer Index1.36%0.77%
Daily Std Dev8.83%4.45%
Max Drawdown-28.46%-15.28%
Current Drawdown-0.00%-1.06%

Correlation

-0.50.00.51.00.8

The correlation between FFEZX and FFGZX is 0.76, 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

FFEZX vs. FFGZX - Performance Comparison

In the year-to-date period, FFEZX achieves a 13.82% return, which is significantly higher than FFGZX's 5.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
8.49%
4.86%
FFEZX
FFGZX

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


FFEZX vs. FFGZX - Expense Ratio Comparison

Both FFEZX and FFGZX 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%.


FFEZX
Fidelity Freedom Index 2035 Fund Institutional Premium Class
Expense ratio chart for FFEZX: 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 FFGZX: 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%

Risk-Adjusted Performance

FFEZX vs. FFGZX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX). 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.


FFEZX
Sharpe ratio
The chart of Sharpe ratio for FFEZX, currently valued at 2.73, compared to the broader market0.002.004.002.73
Sortino ratio
The chart of Sortino ratio for FFEZX, currently valued at 3.93, compared to the broader market0.005.0010.003.93
Omega ratio
The chart of Omega ratio for FFEZX, currently valued at 1.52, compared to the broader market1.002.003.004.001.52
Calmar ratio
The chart of Calmar ratio for FFEZX, currently valued at 2.01, compared to the broader market0.005.0010.0015.0020.0025.002.01
Martin ratio
The chart of Martin ratio for FFEZX, currently valued at 17.68, compared to the broader market0.0020.0040.0060.0080.00100.0017.68
FFGZX
Sharpe ratio
The chart of Sharpe ratio for FFGZX, currently valued at 2.65, compared to the broader market0.002.004.002.65
Sortino ratio
The chart of Sortino ratio for FFGZX, currently valued at 4.08, compared to the broader market0.005.0010.004.08
Omega ratio
The chart of Omega ratio for FFGZX, currently valued at 1.51, compared to the broader market1.002.003.004.001.51
Calmar ratio
The chart of Calmar ratio for FFGZX, currently valued at 1.23, compared to the broader market0.005.0010.0015.0020.0025.001.23
Martin ratio
The chart of Martin ratio for FFGZX, currently valued at 15.31, compared to the broader market0.0020.0040.0060.0080.00100.0015.31

FFEZX vs. FFGZX - Sharpe Ratio Comparison

The current FFEZX Sharpe Ratio is 2.83, which is comparable to the FFGZX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of FFEZX and FFGZX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.73
2.65
FFEZX
FFGZX

Dividends

FFEZX vs. FFGZX - Dividend Comparison

FFEZX's dividend yield for the trailing twelve months is around 1.98%, less than FFGZX's 3.32% yield.


TTM202320222021202020192018201720162015
FFEZX
Fidelity Freedom Index 2035 Fund Institutional Premium Class
1.98%2.13%1.98%1.57%1.43%1.86%2.21%1.76%1.96%2.04%
FFGZX
Fidelity Freedom Index Income Fund Institutional Premium Class
3.32%2.88%2.91%1.48%1.29%2.14%2.10%1.59%1.58%1.17%

Drawdowns

FFEZX vs. FFGZX - Drawdown Comparison

The maximum FFEZX drawdown since its inception was -28.46%, which is greater than FFGZX's maximum drawdown of -15.28%. Use the drawdown chart below to compare losses from any high point for FFEZX and FFGZX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.00%
-1.06%
FFEZX
FFGZX

Volatility

FFEZX vs. FFGZX - Volatility Comparison

Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) has a higher volatility of 2.26% compared to Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) at 1.12%. This indicates that FFEZX's price experiences larger fluctuations and is considered to be riskier than FFGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
2.26%
1.12%
FFEZX
FFGZX