FFFAX vs. FZROX
Compare and contrast key facts about Fidelity Freedom Income Fund (FFFAX) and Fidelity ZERO Total Market Index Fund (FZROX).
FFFAX is managed by Fidelity. It was launched on Oct 17, 1996. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFAX or FZROX.
Correlation
The correlation between FFFAX and FZROX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FFFAX vs. FZROX - Performance Comparison
Key characteristics
FFFAX:
1.57
FZROX:
1.78
FFFAX:
2.30
FZROX:
2.41
FFFAX:
1.29
FZROX:
1.33
FFFAX:
0.74
FZROX:
2.70
FFFAX:
5.93
FZROX:
10.66
FFFAX:
1.20%
FZROX:
2.17%
FFFAX:
4.55%
FZROX:
13.01%
FFFAX:
-19.26%
FZROX:
-34.96%
FFFAX:
-2.87%
FZROX:
-0.52%
Returns By Period
In the year-to-date period, FFFAX achieves a 2.19% return, which is significantly lower than FZROX's 4.07% return.
FFFAX
2.19%
1.13%
1.41%
7.34%
0.70%
1.47%
FZROX
4.07%
0.81%
10.79%
23.92%
14.05%
N/A
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FFFAX vs. FZROX - Expense Ratio Comparison
FFFAX has a 0.47% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Risk-Adjusted Performance
FFFAX vs. FZROX — Risk-Adjusted Performance Rank
FFFAX
FZROX
FFFAX vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund (FFFAX) and Fidelity ZERO Total Market Index Fund (FZROX). 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. FZROX - Dividend Comparison
FFFAX's dividend yield for the trailing twelve months is around 3.07%, more than FZROX's 1.11% 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% |
FZROX Fidelity ZERO Total Market Index Fund | 1.11% | 1.16% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFFAX vs. FZROX - Drawdown Comparison
The maximum FFFAX drawdown since its inception was -19.26%, smaller than the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FFFAX and FZROX. For additional features, visit the drawdowns tool.
Volatility
FFFAX vs. FZROX - Volatility Comparison
The current volatility for Fidelity Freedom Income Fund (FFFAX) is 1.14%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 3.04%. This indicates that FFFAX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.