FFFEX vs. TRRHX
Compare and contrast key facts about Fidelity Freedom 2030 Fund (FFFEX) and T. Rowe Price Retirement 2025 Fund (TRRHX).
FFFEX is managed by Fidelity. It was launched on Oct 17, 1996. TRRHX is managed by T. Rowe Price. It was launched on Feb 27, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFEX or TRRHX.
Key characteristics
| FFFEX | TRRHX | |
|---|---|---|
| YTD Return | 11.94% | 12.09% |
| 1Y Return | 21.62% | 20.65% |
| 3Y Return (Ann) | -1.77% | 2.40% |
| 5Y Return (Ann) | 2.75% | 7.63% |
| 10Y Return (Ann) | 3.40% | 7.22% |
| Sharpe Ratio | 2.65 | 3.05 |
| Sortino Ratio | 3.89 | 4.45 |
| Omega Ratio | 1.49 | 1.60 |
| Calmar Ratio | 1.01 | 1.91 |
| Martin Ratio | 16.80 | 20.69 |
| Ulcer Index | 1.33% | 1.04% |
| Daily Std Dev | 8.44% | 7.04% |
| Max Drawdown | -49.70% | -50.04% |
| Current Drawdown | -5.43% | 0.00% |
Correlation
The correlation between FFFEX and TRRHX is 0.96, 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. TRRHX - Performance Comparison
The year-to-date returns for both investments are quite close, with FFFEX having a 11.94% return and TRRHX slightly higher at 12.09%. Over the past 10 years, FFFEX has underperformed TRRHX with an annualized return of 3.40%, while TRRHX has yielded a comparatively higher 7.22% 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. TRRHX - Expense Ratio Comparison
FFFEX has a 0.66% expense ratio, which is higher than TRRHX's 0.55% expense ratio.
Risk-Adjusted Performance
FFFEX vs. TRRHX - 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 2025 Fund (TRRHX). 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. TRRHX - Dividend Comparison
FFFEX's dividend yield for the trailing twelve months is around 1.79%, less than TRRHX's 2.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFEX Fidelity Freedom 2030 Fund | 1.79% | 1.83% | 2.59% | 2.40% | 1.07% | 1.65% | 1.76% | 1.23% | 1.55% | 4.36% | 8.39% | 4.63% |
TRRHX T. Rowe Price Retirement 2025 Fund | 2.05% | 2.30% | 2.41% | 1.40% | 1.29% | 2.02% | 2.07% | 1.65% | 1.74% | 1.74% | 1.59% | 1.43% |
Drawdowns
FFFEX vs. TRRHX - Drawdown Comparison
The maximum FFFEX drawdown since its inception was -49.70%, roughly equal to the maximum TRRHX drawdown of -50.04%. Use the drawdown chart below to compare losses from any high point for FFFEX and TRRHX. For additional features, visit the drawdowns tool.
Volatility
FFFEX vs. TRRHX - Volatility Comparison
Fidelity Freedom 2030 Fund (FFFEX) has a higher volatility of 2.23% compared to T. Rowe Price Retirement 2025 Fund (TRRHX) at 1.76%. This indicates that FFFEX's price experiences larger fluctuations and is considered to be riskier than TRRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.