FFFDX vs. SMH
Compare and contrast key facts about Fidelity Freedom 2020 Fund (FFFDX) and VanEck Vectors Semiconductor ETF (SMH).
FFFDX is managed by Fidelity. It was launched on Oct 17, 1996. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFDX or SMH.
Correlation
The correlation between FFFDX and SMH is 0.71, 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
FFFDX vs. SMH - Performance Comparison
Key characteristics
FFFDX:
1.13
SMH:
0.78
FFFDX:
1.62
SMH:
1.22
FFFDX:
1.20
SMH:
1.16
FFFDX:
0.49
SMH:
1.14
FFFDX:
4.78
SMH:
2.62
FFFDX:
1.69%
SMH:
10.81%
FFFDX:
7.19%
SMH:
36.15%
FFFDX:
-42.55%
SMH:
-83.29%
FFFDX:
-9.46%
SMH:
-7.94%
Returns By Period
In the year-to-date period, FFFDX achieves a 3.34% return, which is significantly lower than SMH's 6.45% return. Over the past 10 years, FFFDX has underperformed SMH with an annualized return of 1.61%, while SMH has yielded a comparatively higher 26.26% annualized return.
FFFDX
3.34%
1.50%
1.61%
8.41%
0.30%
1.61%
SMH
6.45%
-1.75%
6.82%
31.77%
29.79%
26.26%
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FFFDX vs. SMH - Expense Ratio Comparison
FFFDX has a 0.58% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
FFFDX vs. SMH — Risk-Adjusted Performance Rank
FFFDX
SMH
FFFDX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2020 Fund (FFFDX) and VanEck Vectors Semiconductor ETF (SMH). 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
FFFDX vs. SMH - Dividend Comparison
FFFDX's dividend yield for the trailing twelve months is around 2.52%, more than SMH's 0.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFDX Fidelity Freedom 2020 Fund | 2.52% | 2.60% | 2.30% | 3.10% | 2.50% | 1.15% | 1.84% | 1.94% | 1.33% | 1.71% | 4.23% | 8.83% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
FFFDX vs. SMH - Drawdown Comparison
The maximum FFFDX drawdown since its inception was -42.55%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for FFFDX and SMH. For additional features, visit the drawdowns tool.
Volatility
FFFDX vs. SMH - Volatility Comparison
The current volatility for Fidelity Freedom 2020 Fund (FFFDX) is 1.70%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.33%. This indicates that FFFDX experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.