FFFEX vs. TRRFX
Compare and contrast key facts about Fidelity Freedom 2030 Fund (FFFEX) and T. Rowe Price Retirement 2005 Fund (TRRFX).
FFFEX is managed by Fidelity. It was launched on Oct 17, 1996. TRRFX is managed by T. Rowe Price. It was launched on Feb 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFEX or TRRFX.
Correlation
The correlation between FFFEX and TRRFX is 0.94, 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
FFFEX vs. TRRFX - Performance Comparison
Key characteristics
FFFEX:
1.22
TRRFX:
1.63
FFFEX:
1.74
TRRFX:
2.29
FFFEX:
1.22
TRRFX:
1.30
FFFEX:
0.60
TRRFX:
1.65
FFFEX:
7.26
TRRFX:
10.49
FFFEX:
1.42%
TRRFX:
0.86%
FFFEX:
8.46%
TRRFX:
5.53%
FFFEX:
-49.70%
TRRFX:
-33.29%
FFFEX:
-7.93%
TRRFX:
-2.59%
Returns By Period
In the year-to-date period, FFFEX achieves a 8.98% return, which is significantly higher than TRRFX's 7.99% return. Over the past 10 years, FFFEX has underperformed TRRFX with an annualized return of 3.11%, while TRRFX has yielded a comparatively higher 5.07% annualized return.
FFFEX
8.98%
-0.88%
2.15%
9.71%
1.50%
3.11%
TRRFX
7.99%
-0.64%
2.98%
8.65%
4.75%
5.07%
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FFFEX vs. TRRFX - Expense Ratio Comparison
FFFEX has a 0.66% expense ratio, which is higher than TRRFX's 0.49% expense ratio.
Risk-Adjusted Performance
FFFEX vs. TRRFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund (FFFEX) and T. Rowe Price Retirement 2005 Fund (TRRFX). 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. TRRFX - Dividend Comparison
FFFEX's dividend yield for the trailing twelve months is around 1.84%, less than TRRFX's 2.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFEX Fidelity Freedom 2030 Fund | 1.84% | 1.83% | 2.59% | 2.40% | 1.07% | 1.65% | 1.76% | 1.23% | 1.55% | 4.36% | 8.39% | 4.63% |
TRRFX T. Rowe Price Retirement 2005 Fund | 2.61% | 2.82% | 3.24% | 2.11% | 1.71% | 2.34% | 2.51% | 1.98% | 1.87% | 2.09% | 2.00% | 1.93% |
Drawdowns
FFFEX vs. TRRFX - Drawdown Comparison
The maximum FFFEX drawdown since its inception was -49.70%, which is greater than TRRFX's maximum drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for FFFEX and TRRFX. For additional features, visit the drawdowns tool.
Volatility
FFFEX vs. TRRFX - Volatility Comparison
Fidelity Freedom 2030 Fund (FFFEX) has a higher volatility of 2.58% compared to T. Rowe Price Retirement 2005 Fund (TRRFX) at 1.81%. This indicates that FFFEX's price experiences larger fluctuations and is considered to be riskier than TRRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.