FFFAX vs. FFFEX
Compare and contrast key facts about Fidelity Freedom Income Fund (FFFAX) and Fidelity Freedom 2030 Fund (FFFEX).
FFFAX is managed by Fidelity. It was launched on Oct 17, 1996. FFFEX is managed by Fidelity. It was launched on Oct 17, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFAX or FFFEX.
Correlation
The correlation between FFFAX and FFFEX 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
FFFAX vs. FFFEX - Performance Comparison
Key characteristics
FFFAX:
1.61
FFFEX:
1.28
FFFAX:
2.37
FFFEX:
1.83
FFFAX:
1.30
FFFEX:
1.23
FFFAX:
0.76
FFFEX:
0.73
FFFAX:
6.10
FFFEX:
6.04
FFFAX:
1.20%
FFFEX:
1.79%
FFFAX:
4.55%
FFFEX:
8.52%
FFFAX:
-19.26%
FFFEX:
-49.70%
FFFAX:
-2.87%
FFFEX:
-5.40%
Returns By Period
In the year-to-date period, FFFAX achieves a 2.19% return, which is significantly lower than FFFEX's 3.41% return. Over the past 10 years, FFFAX has underperformed FFFEX with an annualized return of 1.44%, while FFFEX has yielded a comparatively higher 2.86% annualized return.
FFFAX
2.19%
1.23%
0.76%
6.92%
0.70%
1.44%
FFFEX
3.41%
0.89%
1.34%
9.73%
2.15%
2.86%
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FFFAX vs. FFFEX - Expense Ratio Comparison
FFFAX has a 0.47% expense ratio, which is lower than FFFEX's 0.66% expense ratio.
Risk-Adjusted Performance
FFFAX vs. FFFEX — Risk-Adjusted Performance Rank
FFFAX
FFFEX
FFFAX vs. FFFEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund (FFFAX) and Fidelity Freedom 2030 Fund (FFFEX). 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
FFFAX vs. FFFEX - Dividend Comparison
FFFAX's dividend yield for the trailing twelve months is around 3.07%, more than FFFEX's 2.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFAX Fidelity Freedom Income Fund | 3.07% | 3.11% | 2.92% | 3.44% | 2.43% | 1.18% | 1.97% | 2.05% | 1.63% | 1.74% | 2.83% | 5.89% |
FFFEX Fidelity Freedom 2030 Fund | 2.01% | 2.08% | 1.83% | 2.59% | 2.40% | 1.07% | 1.65% | 1.76% | 1.23% | 1.55% | 4.36% | 8.39% |
Drawdowns
FFFAX vs. FFFEX - Drawdown Comparison
The maximum FFFAX drawdown since its inception was -19.26%, smaller than the maximum FFFEX drawdown of -49.70%. Use the drawdown chart below to compare losses from any high point for FFFAX and FFFEX. For additional features, visit the drawdowns tool.
Volatility
FFFAX vs. FFFEX - Volatility Comparison
The current volatility for Fidelity Freedom Income Fund (FFFAX) is 1.13%, while Fidelity Freedom 2030 Fund (FFFEX) has a volatility of 2.20%. This indicates that FFFAX experiences smaller price fluctuations and is considered to be less risky than FFFEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.