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FFFAX vs. FSPTX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FFFAX vs. FSPTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Income Fund (FFFAX) and Fidelity Select Technology Portfolio (FSPTX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FFFAX achieves a 3.85% return, which is significantly lower than FSPTX's 30.03% return. Over the past 10 years, FFFAX has underperformed FSPTX with an annualized return of 4.25%, while FSPTX has yielded a comparatively higher 25.58% annualized return.


FFFAX

1D
0.69%
1M
-0.67%
6M
2.49%
YTD
3.85%
1Y
7.92%
3Y*
7.26%
5Y*
2.80%
10Y*
4.25%
ALL TIME*
4.57%

FSPTX

1D
3.77%
1M
-2.64%
6M
27.84%
YTD
30.03%
1Y
46.11%
3Y*
33.19%
5Y*
19.84%
10Y*
25.58%
ALL TIME*
14.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

FFFAX vs. FSPTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FFFAX
Fidelity Freedom Income Fund
3.85%10.42%4.34%8.18%-11.33%3.12%8.93%10.74%-1.99%8.21%
FSPTX
Fidelity Select Technology Portfolio
30.03%23.37%41.76%59.83%-36.91%21.99%63.95%51.08%-9.03%49.75%

Correlation

The correlation between FFFAX and FSPTX is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.62

Correlation (3Y)
Balances recent behavior with more history.

0.52

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.55

Correlation (10Y)
Provides a long-term view across more market conditions.

0.57

Correlation (All Time)
Calculated using the full available price history since Oct 17, 1996

0.70

The correlation between FFFAX and FSPTX shifts across timeframes, from 0.52 (3 years) to 0.70 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

FFFAX vs. FSPTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FFFAX
FFFAX Risk / Return Rank: 7171
Overall Rank
FFFAX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
FFFAX Sortino Ratio Rank: 6868
Sortino Ratio Rank
FFFAX Omega Ratio Rank: 7171
Omega Ratio Rank
FFFAX Calmar Ratio Rank: 7070
Calmar Ratio Rank
FFFAX Martin Ratio Rank: 7676
Martin Ratio Rank

FSPTX
FSPTX Risk / Return Rank: 7272
Overall Rank
FSPTX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FSPTX Sortino Ratio Rank: 6666
Sortino Ratio Rank
FSPTX Omega Ratio Rank: 6565
Omega Ratio Rank
FSPTX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FSPTX Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FFFAX vs. FSPTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund (FFFAX) and Fidelity Select Technology Portfolio (FSPTX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FFFAXFSPTXDifference
Sharpe ratioReturn per unit of total volatility

-0.09

Sortino ratioReturn per unit of downside risk

+0.07

Omega ratioGain probability vs. loss probability

1.31

1.28

+0.03

Calmar ratioReturn relative to maximum drawdown

2.23

2.86

-0.63

Martin ratioReturn relative to average drawdown

9.08

8.20

+0.89

FFFAX vs. FSPTX - Sharpe Ratio Comparison

The current FFFAX Sharpe Ratio is 1.58, which is comparable to the FSPTX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of FFFAX and FSPTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FFFAX vs. FSPTX - Drawdown Comparison

The maximum FFFAX drawdown since its inception was -17.96%, smaller than the maximum FSPTX drawdown of -84.37%. Use the drawdown chart below to compare losses from any high point for FFFAX and FSPTX.


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Drawdown Indicators


FFFAXFSPTXDifference

Max Drawdown

Largest peak-to-trough decline

-17.96%

-84.37%

+66.41%

Max Drawdown (1Y)

Largest decline over 1 year

-3.68%

-14.87%

+11.19%

Max Drawdown (3Y)

Largest decline over 3 years

-4.04%

-29.22%

+25.18%

Max Drawdown (5Y)

Largest decline over 5 years

-15.87%

-42.16%

+26.29%

Max Drawdown (10Y)

Largest decline over 10 years

-15.87%

-42.16%

+26.29%

Current Drawdown

Current decline from peak

-1.18%

-11.67%

+10.49%

Average Drawdown

Average peak-to-trough decline

-1.79%

-26.96%

+25.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.90%

5.19%

-4.29%

Volatility

FFFAX vs. FSPTX - Volatility Comparison

The current volatility for Fidelity Freedom Income Fund (FFFAX) is 1.67%, while Fidelity Select Technology Portfolio (FSPTX) has a volatility of 8.28%. This indicates that FFFAX experiences smaller price fluctuations and is considered to be less risky than FSPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FFFAXFSPTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.67%

8.28%

-6.61%

Volatility (6M)

Calculated over the trailing 6-month period

4.61%

21.29%

-16.68%

Volatility (1Y)

Calculated over the trailing 1-year period

5.21%

25.63%

-20.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.51%

28.04%

-22.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.69%

26.29%

-21.60%

FFFAX vs. FSPTX - Expense Ratio Comparison

FFFAX has a 0.47% expense ratio, which is lower than FSPTX's 0.61% expense ratio.


Dividends

FFFAX vs. FSPTX - Dividend Comparison

FFFAX's dividend yield for the trailing twelve months is around 2.95%, less than FSPTX's 8.35% yield.


PositionTTM20252024202320222021202020192018201720162015
FFFAX
Fidelity Freedom Income Fund
2.64%3.29%3.13%2.92%5.89%6.12%4.37%3.65%5.17%3.74%3.21%3.28%
FSPTX
Fidelity Select Technology Portfolio
8.35%9.06%9.42%0.01%3.95%11.62%18.86%1.86%23.77%8.32%1.54%4.19%

Frequently Asked Questions


FFFAX and FSPTX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FSPTX has higher volatility (8.28%) compared to FFFAX (1.67%). In terms of maximum drawdown, FFFAX dropped -17.96% vs FSPTX's -84.37%.

FSPTX currently has the higher Sharpe Ratio (1.66 vs 1.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for FFFAX and FSPTX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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