FFFEX vs. AGG
Compare and contrast key facts about Fidelity Freedom 2030 Fund (FFFEX) and iShares Core U.S. Aggregate Bond ETF (AGG).
FFFEX is managed by Fidelity. It was launched on Oct 17, 1996. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFEX or AGG.
Key characteristics
| FFFEX | AGG | |
|---|---|---|
| YTD Return | 10.43% | 1.81% |
| 1Y Return | 17.63% | 6.82% |
| 3Y Return (Ann) | -2.21% | -2.19% |
| 5Y Return (Ann) | 2.35% | -0.18% |
| 10Y Return (Ann) | 3.26% | 1.45% |
| Sharpe Ratio | 2.34 | 1.37 |
| Sortino Ratio | 3.44 | 2.02 |
| Omega Ratio | 1.43 | 1.24 |
| Calmar Ratio | 0.96 | 0.55 |
| Martin Ratio | 14.84 | 4.85 |
| Ulcer Index | 1.34% | 1.68% |
| Daily Std Dev | 8.50% | 5.95% |
| Max Drawdown | -49.70% | -18.43% |
| Current Drawdown | -6.71% | -8.49% |
Correlation
The correlation between FFFEX and AGG is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FFFEX vs. AGG - Performance Comparison
In the year-to-date period, FFFEX achieves a 10.43% return, which is significantly higher than AGG's 1.81% return. Over the past 10 years, FFFEX has outperformed AGG with an annualized return of 3.26%, while AGG has yielded a comparatively lower 1.45% 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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FFFEX vs. AGG - Expense Ratio Comparison
FFFEX has a 0.66% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
FFFEX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund (FFFEX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
FFFEX vs. AGG - Dividend Comparison
FFFEX's dividend yield for the trailing twelve months is around 1.81%, less than AGG's 3.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFEX Fidelity Freedom 2030 Fund | 1.81% | 1.83% | 2.59% | 2.40% | 1.07% | 1.65% | 1.76% | 1.23% | 1.55% | 4.36% | 8.39% | 4.63% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.96% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
FFFEX vs. AGG - Drawdown Comparison
The maximum FFFEX drawdown since its inception was -49.70%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for FFFEX and AGG. For additional features, visit the drawdowns tool.
Volatility
FFFEX vs. AGG - Volatility Comparison
Fidelity Freedom 2030 Fund (FFFEX) has a higher volatility of 2.35% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.71%. This indicates that FFFEX's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.