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

Performance

FFEZX vs. TRRJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) and T. Rowe Price Retirement 2035 Fund (TRRJX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.60%
6.72%
FFEZX
TRRJX

Returns By Period

In the year-to-date period, FFEZX achieves a 12.89% return, which is significantly lower than TRRJX's 14.64% return.


FFEZX

YTD

12.89%

1M

0.54%

6M

6.61%

1Y

19.17%

5Y (annualized)

8.07%

10Y (annualized)

N/A

TRRJX

YTD

14.64%

1M

1.38%

6M

6.72%

1Y

20.98%

5Y (annualized)

9.17%

10Y (annualized)

8.28%

Key characteristics


FFEZXTRRJX
Sharpe Ratio2.222.27
Sortino Ratio3.153.17
Omega Ratio1.401.41
Calmar Ratio2.102.11
Martin Ratio13.9014.61
Ulcer Index1.38%1.44%
Daily Std Dev8.68%9.24%
Max Drawdown-28.46%-53.57%
Current Drawdown-0.82%-0.63%

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FFEZX vs. TRRJX - Expense Ratio Comparison

FFEZX has a 0.08% expense ratio, which is lower than TRRJX's 0.59% expense ratio.


TRRJX
T. Rowe Price Retirement 2035 Fund
Expense ratio chart for TRRJX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
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%

Correlation

-0.50.00.51.01.0

The correlation between FFEZX and TRRJX is 0.98, 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.

Risk-Adjusted Performance

FFEZX vs. TRRJX - 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 T. Rowe Price Retirement 2035 Fund (TRRJX). 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 FFEZX, currently valued at 2.21, compared to the broader market-1.000.001.002.003.004.005.002.222.27
The chart of Sortino ratio for FFEZX, currently valued at 3.15, compared to the broader market0.005.0010.003.153.17
The chart of Omega ratio for FFEZX, currently valued at 1.40, compared to the broader market1.002.003.004.001.401.41
The chart of Calmar ratio for FFEZX, currently valued at 2.10, compared to the broader market0.005.0010.0015.0020.0025.002.102.11
The chart of Martin ratio for FFEZX, currently valued at 13.90, compared to the broader market0.0020.0040.0060.0080.00100.0013.9014.61
FFEZX
TRRJX

The current FFEZX Sharpe Ratio is 2.22, which is comparable to the TRRJX Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of FFEZX and TRRJX, 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
2.22
2.27
FFEZX
TRRJX

Dividends

FFEZX vs. TRRJX - Dividend Comparison

FFEZX's dividend yield for the trailing twelve months is around 2.00%, more than TRRJX's 1.46% yield.


TTM20232022202120202019201820172016201520142013
FFEZX
Fidelity Freedom Index 2035 Fund Institutional Premium Class
2.00%2.13%1.98%1.57%1.43%1.86%2.21%1.76%1.96%2.04%0.00%0.00%
TRRJX
T. Rowe Price Retirement 2035 Fund
1.46%1.67%1.55%0.87%0.94%1.79%1.78%1.48%1.47%1.52%1.44%1.04%

Drawdowns

FFEZX vs. TRRJX - Drawdown Comparison

The maximum FFEZX drawdown since its inception was -28.46%, smaller than the maximum TRRJX drawdown of -53.57%. Use the drawdown chart below to compare losses from any high point for FFEZX and TRRJX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.82%
-0.63%
FFEZX
TRRJX

Volatility

FFEZX vs. TRRJX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) is 2.28%, while T. Rowe Price Retirement 2035 Fund (TRRJX) has a volatility of 2.44%. This indicates that FFEZX experiences smaller price fluctuations and is considered to be less risky than TRRJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.28%
2.44%
FFEZX
TRRJX