FFFCX vs. FFWTX
Compare and contrast key facts about Fidelity Freedom 2010 Fund (FFFCX) and Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX).
FFFCX is managed by Fidelity. It was launched on Oct 17, 1996. FFWTX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFCX or FFWTX.
Key characteristics
| FFFCX | FFWTX | |
|---|---|---|
| YTD Return | 6.84% | 6.92% |
| 1Y Return | 13.80% | 13.60% |
| 3Y Return (Ann) | 0.34% | 0.67% |
| 5Y Return (Ann) | 4.11% | 3.88% |
| Sharpe Ratio | 2.62 | 2.58 |
| Sortino Ratio | 3.98 | 3.87 |
| Omega Ratio | 1.50 | 1.52 |
| Calmar Ratio | 1.23 | 1.32 |
| Martin Ratio | 15.76 | 15.94 |
| Ulcer Index | 0.90% | 0.88% |
| Daily Std Dev | 5.41% | 5.42% |
| Max Drawdown | -33.54% | -17.44% |
| Current Drawdown | -1.23% | -1.03% |
Correlation
The correlation between FFFCX and FFWTX is 0.97, 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
FFFCX vs. FFWTX - Performance Comparison
The year-to-date returns for both investments are quite close, with FFFCX having a 6.84% return and FFWTX slightly higher at 6.92%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFFCX vs. FFWTX - Expense Ratio Comparison
FFFCX has a 0.49% expense ratio, which is higher than FFWTX's 0.08% expense ratio.
Risk-Adjusted Performance
FFFCX vs. FFWTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2010 Fund (FFFCX) and Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX). 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
FFFCX vs. FFWTX - Dividend Comparison
FFFCX's dividend yield for the trailing twelve months is around 2.65%, less than FFWTX's 2.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFCX Fidelity Freedom 2010 Fund | 2.65% | 2.72% | 3.34% | 2.50% | 1.20% | 1.97% | 2.06% | 1.46% | 1.75% | 4.05% | 6.17% | 3.81% |
FFWTX Fidelity Freedom Index 2010 Fund Institutional Premium Class | 2.84% | 2.74% | 2.84% | 1.58% | 1.36% | 2.11% | 2.29% | 1.69% | 1.73% | 1.62% | 0.00% | 0.00% |
Drawdowns
FFFCX vs. FFWTX - Drawdown Comparison
The maximum FFFCX drawdown since its inception was -33.54%, which is greater than FFWTX's maximum drawdown of -17.44%. Use the drawdown chart below to compare losses from any high point for FFFCX and FFWTX. For additional features, visit the drawdowns tool.
Volatility
FFFCX vs. FFWTX - Volatility Comparison
Fidelity Freedom 2010 Fund (FFFCX) has a higher volatility of 1.38% compared to Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) at 1.20%. This indicates that FFFCX's price experiences larger fluctuations and is considered to be riskier than FFWTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.