FFFFX vs. TCLOX
Compare and contrast key facts about Fidelity Freedom 2040 Fund (FFFFX) and TIAA-CREF Lifecycle 2040 Fund (TCLOX).
FFFFX is managed by Fidelity. It was launched on Sep 6, 2000. TCLOX is managed by TIAA Investments. It was launched on Oct 14, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFFX or TCLOX.
Correlation
The correlation between FFFFX and TCLOX 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
FFFFX vs. TCLOX - Performance Comparison
Key characteristics
FFFFX:
-0.25
TCLOX:
-0.33
FFFFX:
-0.24
TCLOX:
-0.35
FFFFX:
0.97
TCLOX:
0.95
FFFFX:
-0.23
TCLOX:
-0.31
FFFFX:
-1.23
TCLOX:
-1.44
FFFFX:
2.72%
TCLOX:
2.77%
FFFFX:
13.23%
TCLOX:
11.95%
FFFFX:
-53.23%
TCLOX:
-54.35%
FFFFX:
-14.56%
TCLOX:
-13.06%
Returns By Period
In the year-to-date period, FFFFX achieves a -8.12% return, which is significantly higher than TCLOX's -8.77% return. Over the past 10 years, FFFFX has underperformed TCLOX with an annualized return of 2.57%, while TCLOX has yielded a comparatively higher 2.76% annualized return.
FFFFX
-8.12%
-10.14%
-10.56%
-3.95%
5.70%
2.57%
TCLOX
-8.77%
-9.70%
-10.40%
-4.57%
6.29%
2.76%
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FFFFX vs. TCLOX - Expense Ratio Comparison
FFFFX has a 0.75% expense ratio, which is higher than TCLOX's 0.49% expense ratio.
Risk-Adjusted Performance
FFFFX vs. TCLOX — Risk-Adjusted Performance Rank
FFFFX
TCLOX
FFFFX vs. TCLOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund (FFFFX) and TIAA-CREF Lifecycle 2040 Fund (TCLOX). 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. TCLOX - Dividend Comparison
FFFFX's dividend yield for the trailing twelve months is around 1.53%, more than TCLOX's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFFX Fidelity Freedom 2040 Fund | 1.53% | 1.41% | 1.32% | 2.11% | 2.27% | 1.06% | 1.50% | 1.68% | 1.12% | 1.44% | 4.38% | 9.27% |
TCLOX TIAA-CREF Lifecycle 2040 Fund | 1.42% | 1.30% | 1.37% | 1.05% | 2.36% | 1.76% | 1.09% | 1.97% | 1.91% | 1.28% | 1.42% | 2.36% |
Drawdowns
FFFFX vs. TCLOX - Drawdown Comparison
The maximum FFFFX drawdown since its inception was -53.23%, roughly equal to the maximum TCLOX drawdown of -54.35%. Use the drawdown chart below to compare losses from any high point for FFFFX and TCLOX. For additional features, visit the drawdowns tool.
Volatility
FFFFX vs. TCLOX - Volatility Comparison
Fidelity Freedom 2040 Fund (FFFFX) has a higher volatility of 7.17% compared to TIAA-CREF Lifecycle 2040 Fund (TCLOX) at 6.57%. This indicates that FFFFX's price experiences larger fluctuations and is considered to be riskier than TCLOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.