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FFFAX vs. VTINX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FFFAX vs. VTINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Income Fund (FFFAX) and Vanguard Target Retirement Income Fund (VTINX). 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 5.09% return, which is significantly higher than VTINX's 4.47% return. Over the past 10 years, FFFAX has underperformed VTINX with an annualized return of 4.57%, while VTINX has yielded a comparatively higher 5.31% annualized return.


FFFAX

1D
0.60%
1M
1.33%
YTD
5.09%
6M
5.22%
1Y
11.22%
3Y*
7.89%
5Y*
3.29%
10Y*
4.57%

VTINX

1D
0.49%
1M
0.98%
YTD
4.47%
6M
4.54%
1Y
11.60%
3Y*
9.10%
5Y*
4.22%
10Y*
5.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FFFAX vs. VTINX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FFFAX
Fidelity Freedom Income Fund
5.09%10.42%4.34%8.18%-11.33%3.12%8.93%10.74%-1.99%8.21%
VTINX
Vanguard Target Retirement Income Fund
4.47%11.31%6.66%10.66%-12.75%5.24%10.02%13.16%-1.98%7.46%

Correlation

The correlation between FFFAX and VTINX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.94

Correlation (3Y)
Calculated over the trailing 3-year period

0.91

Correlation (5Y)
Calculated over the trailing 5-year period

0.92

Correlation (10Y)
Calculated over the trailing 10-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Oct 27, 2003

0.91

The correlation between FFFAX and VTINX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

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Return for Risk

FFFAX vs. VTINX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFFAX
FFFAX Risk / Return Rank: 7474
Overall Rank
FFFAX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
FFFAX Sortino Ratio Rank: 7474
Sortino Ratio Rank
FFFAX Omega Ratio Rank: 7878
Omega Ratio Rank
FFFAX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FFFAX Martin Ratio Rank: 7474
Martin Ratio Rank

VTINX
VTINX Risk / Return Rank: 6767
Overall Rank
VTINX Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
VTINX Sortino Ratio Rank: 7272
Sortino Ratio Rank
VTINX Omega Ratio Rank: 7474
Omega Ratio Rank
VTINX Calmar Ratio Rank: 5757
Calmar Ratio Rank
VTINX Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFFAX vs. VTINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund (FFFAX) and Vanguard Target Retirement Income Fund (VTINX). 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.


FFFAXVTINXDifference
Sharpe ratioReturn per unit of total volatility

+0.05

Sortino ratioReturn per unit of downside risk

+0.06

Omega ratioGain probability vs. loss probability

1.47

1.44

+0.03

Calmar ratioReturn relative to maximum drawdown

3.06

2.77

+0.29

Martin ratioReturn relative to average drawdown

13.16

11.98

+1.18

FFFAX vs. VTINX - Sharpe Ratio Comparison

The current FFFAX Sharpe Ratio is 2.27, which is comparable to the VTINX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of FFFAX and VTINX, 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. VTINX - Drawdown Comparison

The maximum FFFAX drawdown since its inception was -17.96%, smaller than the maximum VTINX drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for FFFAX and VTINX.


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Drawdown Indicators


FFFAXVTINXDifference

Max Drawdown

Largest peak-to-trough decline

-17.96%

-19.96%

+2.00%

Max Drawdown (1Y)

Largest decline over 1 year

-3.68%

-4.14%

+0.46%

Max Drawdown (3Y)

Largest decline over 3 years

-4.91%

-5.26%

+0.35%

Max Drawdown (5Y)

Largest decline over 5 years

-15.87%

-17.02%

+1.15%

Max Drawdown (10Y)

Largest decline over 10 years

-15.87%

-17.02%

+1.15%

Current Drawdown

Current decline from peak

-0.00%

-0.21%

+0.21%

Average Drawdown

Average peak-to-trough decline

-1.79%

-2.20%

+0.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.85%

0.96%

-0.11%

Volatility

FFFAX vs. VTINX - Volatility Comparison

Fidelity Freedom Income Fund (FFFAX) has a higher volatility of 2.35% compared to Vanguard Target Retirement Income Fund (VTINX) at 2.18%. This indicates that FFFAX's price experiences larger fluctuations and is considered to be riskier than VTINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FFFAXVTINXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.35%

2.18%

+0.17%

Volatility (6M)

Calculated over the trailing 6-month period

4.35%

4.40%

-0.05%

Volatility (1Y)

Calculated over the trailing 1-year period

4.97%

5.18%

-0.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.45%

6.12%

-0.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.68%

5.76%

-1.08%

FFFAX vs. VTINX - Expense Ratio Comparison

FFFAX has a 0.47% expense ratio, which is higher than VTINX's 0.08% expense ratio.


Dividends

FFFAX vs. VTINX - Dividend Comparison

FFFAX's dividend yield for the trailing twelve months is around 2.94%, less than VTINX's 4.81% yield.


PositionTTM20252024202320222021202020192018201720162015
FFFAX
Fidelity Freedom Income Fund
2.94%3.29%3.13%2.92%5.89%6.12%4.37%3.65%5.17%3.74%3.21%3.28%
VTINX
Vanguard Target Retirement Income Fund
4.81%5.02%5.89%4.01%3.08%8.63%3.42%2.62%4.19%1.56%2.27%3.53%

Frequently Asked Questions


With a correlation of 0.94, FFFAX and VTINX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

FFFAX has higher volatility (2.35%) compared to VTINX (2.18%). In terms of maximum drawdown, FFFAX dropped -17.96% vs VTINX's -19.96%.

FFFAX currently has the higher Sharpe Ratio (2.27 vs 2.22), 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 VTINX

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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