PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FFFFX vs. FCPEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FFFFX vs. FCPEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2040 Fund (FFFFX) and Fidelity Small Cap Enhanced Index Fund (FCPEX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.37%
0
FFFFX
FCPEX

Returns By Period


FFFFX

YTD

14.68%

1M

-0.41%

6M

6.37%

1Y

21.51%

5Y (annualized)

4.53%

10Y (annualized)

4.28%

FCPEX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


FFFFXFCPEX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FFFFX vs. FCPEX - Expense Ratio Comparison

FFFFX has a 0.75% expense ratio, which is higher than FCPEX's 0.55% expense ratio.


FFFFX
Fidelity Freedom 2040 Fund
Expense ratio chart for FFFFX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for FCPEX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Correlation

-0.50.00.51.00.8

The correlation between FFFFX and FCPEX is 0.83, 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.

Risk-Adjusted Performance

FFFFX vs. FCPEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund (FFFFX) and Fidelity Small Cap Enhanced Index Fund (FCPEX). 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.


Sharpe ratio
The chart of Sharpe ratio for FFFFX, currently valued at 2.03, compared to the broader market-1.000.001.002.003.004.005.002.03
The chart of Sortino ratio for FFFFX, currently valued at 2.86, compared to the broader market0.005.0010.002.86
The chart of Omega ratio for FFFFX, currently valued at 1.37, compared to the broader market1.002.003.004.001.37
The chart of Calmar ratio for FFFFX, currently valued at 1.01, compared to the broader market0.005.0010.0015.0020.001.01
The chart of Martin ratio for FFFFX, currently valued at 12.66, compared to the broader market0.0020.0040.0060.0080.00100.0012.66
FFFFX
FCPEX

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
2.03
1.00
FFFFX
FCPEX

Dividends

FFFFX vs. FCPEX - Dividend Comparison

FFFFX's dividend yield for the trailing twelve months is around 1.15%, while FCPEX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FFFFX
Fidelity Freedom 2040 Fund
1.15%1.32%2.11%2.27%1.06%1.50%1.68%1.12%1.44%4.38%9.27%6.23%
FCPEX
Fidelity Small Cap Enhanced Index Fund
0.00%1.69%5.16%20.85%0.59%0.95%15.52%8.51%0.67%2.46%6.70%6.77%

Drawdowns

FFFFX vs. FCPEX - Drawdown Comparison


-15.00%-10.00%-5.00%JuneJulyAugustSeptemberOctoberNovember
-4.63%
-17.64%
FFFFX
FCPEX

Volatility

FFFFX vs. FCPEX - Volatility Comparison

Fidelity Freedom 2040 Fund (FFFFX) has a higher volatility of 2.87% compared to Fidelity Small Cap Enhanced Index Fund (FCPEX) at 0.00%. This indicates that FFFFX's price experiences larger fluctuations and is considered to be riskier than FCPEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.87%
0
FFFFX
FCPEX