FFFCX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom 2010 Fund (FFFCX) and Fidelity 500 Index Fund (FXAIX).
FFFCX is managed by Fidelity. It was launched on Oct 17, 1996. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFCX or FXAIX.
Key characteristics
| FFFCX | FXAIX | |
|---|---|---|
| YTD Return | 7.65% | 21.01% |
| 1Y Return | 13.80% | 31.69% |
| 3Y Return (Ann) | 1.18% | 11.19% |
| 5Y Return (Ann) | 4.52% | 15.70% |
| 10Y Return (Ann) | 5.00% | 13.24% |
| Sharpe Ratio | 2.31 | 2.38 |
| Daily Std Dev | 5.91% | 12.80% |
| Max Drawdown | -33.54% | -33.79% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FFFCX and FXAIX is 0.84, 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. FXAIX - Performance Comparison
In the year-to-date period, FFFCX achieves a 7.65% return, which is significantly lower than FXAIX's 21.01% return. Over the past 10 years, FFFCX has underperformed FXAIX with an annualized return of 5.00%, while FXAIX has yielded a comparatively higher 13.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFFCX vs. FXAIX - Expense Ratio Comparison
FFFCX has a 0.49% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FFFCX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2010 Fund (FFFCX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
FFFCX's dividend yield for the trailing twelve months is around 2.63%, more than FXAIX's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFCX Fidelity Freedom 2010 Fund | 2.63% | 2.72% | 7.23% | 9.33% | 6.01% | 5.78% | 7.21% | 4.82% | 3.51% | 5.67% | 6.17% | 3.81% |
FXAIX Fidelity 500 Index Fund | 1.23% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
FFFCX vs. FXAIX - Drawdown Comparison
The maximum FFFCX drawdown since its inception was -33.54%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FFFCX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FFFCX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Freedom 2010 Fund (FFFCX) is 1.44%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.31%. This indicates that FFFCX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.