FFFFX vs. FELIX
Compare and contrast key facts about Fidelity Freedom 2040 Fund (FFFFX) and Fidelity Advisor Semiconductors Fund Class I (FELIX).
FFFFX is managed by Fidelity. It was launched on Sep 6, 2000. FELIX is managed by Fidelity. It was launched on Dec 27, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFFX or FELIX.
Key characteristics
| FFFFX | FELIX | |
|---|---|---|
| YTD Return | 15.05% | 34.70% |
| 1Y Return | 24.85% | 55.43% |
| 3Y Return (Ann) | 5.45% | 24.78% |
| 5Y Return (Ann) | 11.01% | 33.26% |
| 10Y Return (Ann) | 9.22% | 26.20% |
| Sharpe Ratio | 2.14 | 1.49 |
| Daily Std Dev | 11.33% | 35.41% |
| Max Drawdown | -53.24% | -71.17% |
| Current Drawdown | 0.00% | -13.80% |
Correlation
The correlation between FFFFX and FELIX is 0.77, 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
FFFFX vs. FELIX - Performance Comparison
In the year-to-date period, FFFFX achieves a 15.05% return, which is significantly lower than FELIX's 34.70% return. Over the past 10 years, FFFFX has underperformed FELIX with an annualized return of 9.22%, while FELIX has yielded a comparatively higher 26.20% 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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FFFFX vs. FELIX - Expense Ratio Comparison
Both FFFFX and FELIX have an expense ratio of 0.75%.
Risk-Adjusted Performance
FFFFX vs. FELIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund (FFFFX) and Fidelity Advisor Semiconductors Fund Class I (FELIX). 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
FFFFX vs. FELIX - Dividend Comparison
FFFFX's dividend yield for the trailing twelve months is around 1.59%, less than FELIX's 2.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFFX Fidelity Freedom 2040 Fund | 1.59% | 1.72% | 12.33% | 12.09% | 5.67% | 6.69% | 7.97% | 4.37% | 4.11% | 6.38% | 9.27% | 6.23% |
FELIX Fidelity Advisor Semiconductors Fund Class I | 2.34% | 3.15% | 3.09% | 4.14% | 4.43% | 1.04% | 19.34% | 9.50% | 0.55% | 10.62% | 0.53% | 0.00% |
Drawdowns
FFFFX vs. FELIX - Drawdown Comparison
The maximum FFFFX drawdown since its inception was -53.24%, smaller than the maximum FELIX drawdown of -71.17%. Use the drawdown chart below to compare losses from any high point for FFFFX and FELIX. For additional features, visit the drawdowns tool.
Volatility
FFFFX vs. FELIX - Volatility Comparison
The current volatility for Fidelity Freedom 2040 Fund (FFFFX) is 3.86%, while Fidelity Advisor Semiconductors Fund Class I (FELIX) has a volatility of 13.79%. This indicates that FFFFX experiences smaller price fluctuations and is considered to be less risky than FELIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.