FFFEX vs. BRK-B
Compare and contrast key facts about Fidelity Freedom 2030 Fund (FFFEX) and Berkshire Hathaway Inc. (BRK-B).
FFFEX is managed by Fidelity. It was launched on Oct 17, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFEX or BRK-B.
Key characteristics
| FFFEX | BRK-B | |
|---|---|---|
| YTD Return | 10.53% | 28.02% |
| 1Y Return | 18.37% | 23.25% |
| 3Y Return (Ann) | 2.35% | 18.21% |
| 5Y Return (Ann) | 7.79% | 17.07% |
| 10Y Return (Ann) | 7.38% | 12.53% |
| Sharpe Ratio | 2.02 | 1.74 |
| Daily Std Dev | 8.92% | 13.40% |
| Max Drawdown | -49.70% | -53.86% |
| Current Drawdown | -0.44% | -4.59% |
Correlation
The correlation between FFFEX and BRK-B is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FFFEX vs. BRK-B - Performance Comparison
In the year-to-date period, FFFEX achieves a 10.53% return, which is significantly lower than BRK-B's 28.02% return. Over the past 10 years, FFFEX has underperformed BRK-B with an annualized return of 7.38%, while BRK-B has yielded a comparatively higher 12.53% 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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Risk-Adjusted Performance
FFFEX vs. BRK-B - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund (FFFEX) and Berkshire Hathaway Inc. (BRK-B). 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. BRK-B - Dividend Comparison
FFFEX's dividend yield for the trailing twelve months is around 2.14%, while BRK-B has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFEX Fidelity Freedom 2030 Fund | 2.14% | 1.87% | 10.06% | 10.92% | 6.24% | 6.79% | 7.32% | 4.60% | 3.98% | 6.21% | 8.39% | 4.63% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFFEX vs. BRK-B - Drawdown Comparison
The maximum FFFEX drawdown since its inception was -49.70%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for FFFEX and BRK-B. For additional features, visit the drawdowns tool.
Volatility
FFFEX vs. BRK-B - Volatility Comparison
The current volatility for Fidelity Freedom 2030 Fund (FFFEX) is 2.59%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.75%. This indicates that FFFEX experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.